Kisan Credit Card (KCC): Benefits, Interest Rate & How to Apply

Updated 2026-07-10 · Government schemes

The Kisan Credit Card (KCC) gives farmers short-term credit for crops at a heavily subsidised interest rate — as low as about 4% a year if you repay on time. It is one of the cheapest loans available to a farmer, and most landholders qualify. Here is how it works and how to get one.

What you get

• A revolving credit limit based on your crop, area and the local scale of finance — draw and repay as you need.
• Interest of 7% per year, reduced to an effective ~4% with the interest subvention and prompt-repayment incentive if you repay on time.
• Collateral-free lending up to the limit set by RBI (raised over the years), and cover for post-harvest and allied needs (dairy, fisheries) too.

Who is eligible

Owner-cultivators, tenant farmers, sharecroppers and self-help / joint-liability groups. If you grow crops or run allied activities like dairy or fishery, you can usually apply.

Documents you need

• Identity + address proof (Aadhaar, voter ID, etc.).
• Land records / proof of cultivation.
• Passport-size photos and, for existing borrowers, past loan details.

How to apply

1. Visit your bank (any commercial bank, cooperative bank or RRB) or apply through the bank’s website / the PM-KISAN portal’s KCC link.
2. Fill the simple one-page KCC form and attach the documents above.
3. The bank assesses your credit limit from the scale of finance for your crop and area and issues the card, usually within a couple of weeks.

Tip: repay before the due date each season to keep the ~4% rate — a late repayment loses the subvention and the rate jumps.