Agriculture Loan Schemes — Kisan Credit Card, NABARD & More
Government of India aur NABARD-backed agriculture loan schemes — Kisan Credit Card (KCC), Agriculture Term Loan, Dairy/Poultry/Fishery schemes. Subsidized rates, flexible tenure.
Scheme Overview
India ki agriculture sector me government significant priority deti hai through multiple loan schemes. NABARD (National Bank for Agriculture and Rural Development) overall agriculture financing ko refinance karta hai. RBI ne agriculture ko Priority Sector Lending (PSL) target ke under rakha hai — yani banks ko 18% of net bank credit agriculture sector me deploy karna mandatory hai. Major schemes: Kisan Credit Card (KCC), Agriculture Term Loan, Dairy Entrepreneurship Development Scheme (DEDS), National Livestock Mission (NLM), PM-KISAN samaan, etc.
Scheme Categories & Coverage
| Category | Limit/Coverage | Description |
|---|---|---|
| Kisan Credit Card (KCC) | Up to ₹3 lakh @ 7% (with subsidy) | Crop loan + working capital |
| Agriculture Term Loan | Variable based on project | Equipment, irrigation, land development |
| Dairy Entrepreneurship Scheme | Up to ₹2 crore | Dairy farm setup |
| Fishery / Poultry Loan | Project-based | Allied sector financing |
Note: Indicative figures from publicly available government sources. Subject to scheme revisions and lender's discretion.
Eligibility Criteria
- Farmer (individual / joint / tenant / sharecropper / oral lessee)
- Self-Help Groups (SHGs) of farmers also eligible for joint loans
- Land ownership / cultivation rights documented
- Age: typically 18-65 years (extends to 70 with co-applicant)
- No specific maximum income criteria
- Allied sector farmers: dairy, poultry, fishery, beekeeping, sericulture — all eligible
Required Documents
- Aadhaar + PAN
- Land ownership documents (RTC / Khata / 7-12 extract / Pahani)
- Crop pattern certificate
- Bank account details
- Photographs
- Sarpanch / Tehsildar certification (for tenant farmers)
- Project report (for term loans)
- Quotations (for equipment / livestock)
Specific documentation requirements may vary by lender, region, and scheme version. Verify with implementing agency.
Application Process
- Nearest PSU bank, RRB, or cooperative bank ki branch visit karo
- Specific scheme (KCC, term loan, etc.) application form bharo
- Land documents + identity documents submit karo
- Bank field visit + verification
- Credit appraisal + sanction (KCC typically 7-15 days)
- Disbursement: KCC limit set hoti hai, withdrawal as needed; term loan lump sum
Key Benefits
- Interest subvention: 2% (effective rate 7% on KCC up to ₹3 lakh)
- Additional 3% rebate on timely repayment (effective 4%)
- Collateral-free up to ₹1.6 lakh (KCC)
- Flexible tenure: crop cycle aligned for KCC, 5-15 years for term loans
- No processing fee for KCC up to ₹3 lakh
- Personal accident insurance coverage for KCC holders
🚀 General Guidance Needed?
ProWiderKart facilitator se free advisory le sakte ho — general information aur eligibility direction ke liye.
💬 WhatsApp Free AdvisoryFrequently Asked Questions
Kisan Credit Card limit kaise determine hoti hai?
KCC limit Scale of Finance (SoF) ke based on calculate hoti hai — area under cultivation × crop-specific cost per acre × number of crops per year. Plus 10% post-harvest expense + 20% farm maintenance.
KCC pe interest rate kya hai effective?
Standard rate typically 7% per annum hota hai. Government 2% subvention deti hai, aur timely repayment pe additional 3% rebate. Effective rate 4% tak ho sakti hai for compliant borrowers.
Collateral kab chahiye agriculture loan ke liye?
₹1.6 lakh tak KCC collateral-free hai. Term loans ke liye typically land mortgage required hota hai. Dairy/poultry projects me equipment hypothecation common hai.
NABARD direct loan deta hai kya?
Nahi. NABARD apex-level refinance institution hai — yeh banks ko refinance deti hai jo aage farmers ko loans deti hain. Direct lending NABARD nahi karta.
Dairy farm setup ke liye loan kahan se milta hai?
Most PSU banks dairy term loans dete hain. NABARD ki Dairy Entrepreneurship Development Scheme (DEDS) under capital subsidy bhi milti hai. Project size aur location depend karte hain.
PM-KISAN aur loan schemes alag hain kya?
Haan. PM-KISAN ek income support scheme hai (₹6,000/year DBT to eligible farmers) — loan scheme nahi hai. KCC + other agriculture loans alag credit facilities hain.