Kisan Credit Card (KCC) Loan Yojana Apply, Eligibility, Form

The Central government has started a campaign to saturate all PM Kisan Samman Nidhi Yojana beneficiaries with Kisan Credit Card Scheme. Farmers are provided loans of substantial amounts at low interest rates through Kisan Credit. KCC Scheme online application forms for PM-KISAN beneficiaries are open now.

This loan is repayable within five years. The government also provides subsidies and other benefits. All beneficiaries can apply for a Kisan Credit Card (KCC) under the PM Kisan Samman Nidhi Yojana, but they must meet the eligibility criteria.

The government is considering increasing the short-term loan limit for Kisan Credit Card (KCC) holders from the current ₹3 lakh to ₹5 lakh from the next financial year. Following the announcement by the Finance Minister in the Budget, officials said the external evaluation process of the interest subvention scheme has been completed and the new limit may be implemented soon.

Keyhighlight Kisan Credit Card Yojana

Scheme Name	Kisan Credit Card
beneficiary	All eligible farmers of India
maximum loan amount	Up to ₹5 lakh
interest rate	4% to 7% (3% discount on timely payment)
guarantee required	Not up to ₹1.6 lakh, above that as per bank rules
Objective	Financial assistance for farming, animal husbandry, fisheries, horticulture etc.
Application Process	Through Online / Offline / Camp
Official Website	eseva.csccloud.in/kcc

What is Kisan Credit Card?

The Kisan Credit Card scheme provides timely loans and credit to farmers and agricultural workers, which helps them to fulfill their agricultural needs. This scheme will provide affordable loans to farmers, thereby reducing their dependence on high-interest informal loans.

The Kisan Credit Card Scheme (KCC) is a flagship scheme launched by the Government of India to provide farmers with affordable loans for agricultural purposes. Farmers can use this credit to purchase fertilizers, seeds, pesticides, and other agricultural inputs.

PM SVANidhi Yojana Eligibility, Benefits, Interest Rate, How To Apply Online

Details Required in KCC Application Form

Following details are required to be filled in the Kisan Credit card application form:

Type of KCC/ Amount of loan required

• Issue of fresh KCC
• Enhancement of existing limit
• Activation of inoperative KCC account
• Amount of Loan required

Particulars of the applicant(s)

• Name of the Applicant
• Account No (PM Kisan Beneficiary*)
• If not covered under Pardhan Mantra Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), consent for Auto Debit for coverage under these two schemes.

Details of existing loans, if any

• Bank/ Co-operative Banks/ Other Sources
• Branch Name
• Facility
• (KCC/ATL)
• Outstanding (Rs.)
• Overdue, if any (Rs.)

Particulars of total land holdings of the applicant and crops

• Name of the Village
• Survey/ Khasra No.
• Title – Owned, Leased, Share Cropper
• Area in acres
• Name of crop to be Grown – Kharif Crops, Rabi Crops, Other Crops

KCC to Fisheries and Animal Husbandry Farmers

• Name of Village
• Total productive Dairy Animals
• Total Sheep & Goat
• Total Pigs
• Total Poultry
• Inland Fisheries & Aquaculture
• Marine Fisheries & Mariculture
• Others

Security Proposed to be offered

• Particulars of Primary Security offered
• Particulars of Collateral Security (where applicable)

Kisan Credit Loan Eligibility

Any farmer wishing to apply for a loan must meet the eligibility criteria outlined below. Different types of farmers are eligible for this scheme, such as:

• Applicant must be a citizen of India.
• Age must be between 18 and 75 years (those over 60 require a co-applicant).
• Farmers, livestock farmers, fishermen, and gardeners are all eligible.
• Must own or lease land.
• Must not be a bank defaulter.
• Landless farmers can apply through JLG (Joint Liability Group).

Documents Required for Kisan Credit Card Scheme

• Kisan Credit Card loan application form
• Two passport-size photos
• Identity proof, such as an Aadhaar card, driving license, Voter ID, passport
• Address proof, such as an Aadhaar card, driving license
• Proof of landholding certified by the revenue authorities
• Cropping pattern or crop grown with acreage
• Security documents for loan limit above Rs.3 lakhs, if applicable
• Any other required document

How to Apply Online for KCC

Step 1: First, you need to visit the official PM Kisan website.

Step 2: Here, you need to download the Kisan Credit Card application form.

Step 3: Now submit the information and documents requested in this form.

Step 4: Next, carefully read the information in the form. Submit it. You will receive your loan from the bank within a few days of verification.

Offline Application for Kisan Credit Card Scheme

Follow the below process to apply for Kisan Credit Card scheme offline:

• Visit the bank branch where you want to apply for KCC scheme.
• Obtain the application form from the bank representatives.
• Filll out the application form, attach the required documents and submit it to the bank branch.
• The bank representatives will verify the form and process the loan amount.

Currently, there are around 6.7 crore Kisan Credit Card (KCC) beneficiaries in the entire country. Crores of farmers are getting help in farming through KCC Loan Scheme.

Conclusion

With Kisan Credit Cards, farmers can easily meet their needs. KCC has also helped protect farmers from the clutches of moneylenders. Farmers no longer have to take loans from moneylenders at high interest rates.

Kisan Credit Card loans have a limit, so if you need more money, you can take out a loan of up to ₹10 lakh from the comfort of your home using the Moneyview app. Visit our website or download the Moneyview app to learn more.

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