How to Apply for Kisan Credit Card? Check Step by Step Process

What is Kisan Credit Card?

Kisan Credit Card (KCC) was launched by the Central Government to ensure that farmers of the country have access to credit at a reasonable rate. This scheme was introduced in August 1998 and was based on the recommendations of a special committee formed for inputs on loans & agricultural welfare. KCC Loan provides term loans to the farmers for covering the cost of farming, harvest & farm maintenance.

Types of Loans you get through KCC

There are various banks in India that provides agricultural loans to farmers in order to help them meet their financial needs.

Crop loans

Farm operating loans

Farm ownership loans

Agri-Business

Dairy Plus Scheme

Broiler Plus Scheme

Produce marketing loan

Farm storage facilities & warehousing loan

Horticulture loan

Minor irrigation scheme

Land Purchase Scheme etc.

Who is eligible for Kisan Card?

Anyone who is engaged in agriculture, allied activities or non-farming activities can apply for Kisan credit card. Below we have mentioned complete details about the eligibility criteria, essential documents, etc for the Kisan Credit Card loan:

Minimum Age - 18 years

Maximum Age - 75 years

If a borrower is a senior citizen (age above 60 years) then a co-borrower is compulsory where the co-borrower must be a legal heir.

All the farmers – individuals or joint cultivators

SHGs / joint liability groups including tenant farmers

Tenant farmers, oral lessees & share croppers.

Documents Required for Kisan Credit Card

• Identity proof like Voter ID card or PAN card or Passport or Aadhaar card or Driving License, etc.

• Address proof like a Voter ID card or Passport or Aadhaar card or Driving License, etc.

• Landholding documents      

What is the limit of KCC?

For marginal Farmers - A flexible limit of Rs. 10, 000 – Rs. 50, 000 is provided (as Flexi KCC) based on the landholding & crops grown including post-harvest warehouse storage-related credit requirements and other farm expenses. (As per RBI website)                                                                 

Kisan Credit Card: How to Apply

Applying for Kisan Credit Card is very easy as nowadays banks have made provisions to allow for the online and offline application process. If you want to apply online then follow the steps given below:

Go to the Kisan Credit Card section on a bank’s official website

Tap “Apply Now” button

Fill in all your details carefully (Name, Mobile Number etc.)

Then click the submit button to apply online

The application processing time is of 3 to 4 working days

If the application is approved, an executive will contact you and tell you about the documents needed and where to visit for further steps.

If you want to apply offline then you will have to visit the nearest bank’s branch & apply for the Kisan credit card loan. Do not forget to carry all relevant documents with you at the time of registration.

By mentioning your mobile number in the application form, you will receive status updates one by one till your loan gets approved.

Which banks provide Kisan Credit Card?

Kisan Credit Card is offered by many public sector banks, co-operative banks and rural banks in India. Some of them are:

SBI Kisan Credit Card

Bank of India (BOI)

Axis Bank Kisan Credit Card

National Payments Corporation of India (NPCI)

Industrial Development Bank of India (IDBI)

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