What Is the Kisan Credit Card Scheme 2025? Loan Limit, Interest Rate and How to Apply

The Kisan Credit Card (KCC) Scheme 2025 is a government initiative aimed to make credit available to farmers at an affordable rate and at the right time to fulfill their agricultural and allied needs. This scheme assists farmers in combating reliance on informal loans that are often charged at exorbitant interest rates while also providing access to funds for purchases for inputs like seeds, fertilizers and implements.

How Much Loan Can a Farmer Get?

As per Budget 2025, the loan limit under the KCC scheme has been raised from INR 3 lakh to INR 5 lakh.

1. Loans up to INR 2 lakh are free of collaterals.
2. For loan amounts above INR 2 lakh, banks may require collaterals as per their loan policy.
3. The loan amount is based on crop type, land size, cost of raising of crop and cost of maintenance of the machinery.

Who Can Apply for KCC?

The KCC program applies to:

1. Farmers who own land.
2. Those who are either sharecroppers or tenants.
3. Farmer organisations that are joint borrowers.

What is the interest rate under KCC?

Farmers get:

• 2% Interest Subsidy from the government.
• 3% Bonus for timely repayment.

In reality, this works out to an effective interest rate of 4% per annum, making it one of the cheapest sources of credit available.

How to Apply for KCC Online?

1. Go to the website for your chosen bank.
2. Press “Kisan Credit Card”
3. Hit “Apply” and complete the form.
4. Submit details and expect a call from the bank in 3–4 days.

What Documents Are Required?

• Application form.
• Proof of identity and address.
• Land and crop information.
• Passport-sized photo.

Read Also: Smart Ways to Stop Toxic Co-Workers from Destroying Team Morale