Kisan Credit Card Scheme 2023: Check the Benefits & Process to Apply

Kisan Credit Card Scheme 2023 | Kisan Credit Card | Kisan Credit Card Yojana | KCC Beneficiary List | Application Process & Card Status

The government has set a goal of doubling farmers’ income. The Kisan Credit Card Scheme was launched by the Central Government with this in mind. Through this article, we will give you all the crucial information about the Kisan Credit Card Scheme including its advantages, features, eligibility, required documents, application procedure, etc. So, read till the end.

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Kisan Credit Card Scheme 2023

The country’s farmers will get a credit cards under the Kisan Credit Card Scheme through which they will receive a loan of ₹1,060,000. The country’s farmers would be able to better care for their agriculture thanks to this financing. Farmers will be able to insure their crops in addition to this.

Recently, the Kisan Credit Card Scheme has expanded to cover fishermen and animal rearers as well. Farmers will be given loans under the Kisan Credit Card Scheme at 4% APR with no guarantee. You sholud visit the official website and follow the instructions if you wish to apply for a credit card under the Kisan Credit Card Yojana.

Kisan Credit Card Scheme 2023

Overview of the Kisan Credit Card Yojana

Name of the Scheme Kisan Credit Card Yojana
Initiated ByCentral Government
BenificiaryFarmers of our Nation
Objective Providing low interest tax loans
Official Website

Features of Kisan Credit Card Scheme

  • The beneficiaries of the PM Kisan Samman Nidhi Yojana also receive the advantages of the Kisan Credit Card Scheme.
  • They must submit the form to the bank in order to receive this advantage.
  • Under the Atmanirbhar Bharat Yojana, the government also issues kisan credit cards.
  • Loans are simply and affordably made available to farmers through these credit cards.
  • It is fairly simple to reopen a Kisan Credit Card for any farmers who created one and had it closed for some reason.
  • The Kisan Credit Card has a five-year expiration date.
  • You can extend your card’s limit and reopen a closed card using the KCC form, which is accessible on the PM Kisan Samman Nidhi Yojana website.
  • Beneficiaries can obtain loans with an interest rate of 9% up to ₹30,000 through the Kisan Credit Card.
  • Government funding for this interest amounts to a 2% subsidy. So, loans will only have a 7% interest rate for farmers.
  • The farmer receives an extra 3% refund if he pays back the loan on schedule. The farmer will only be required to pay 4% interest in this case.

Banks and Their Interest Rates for KCC Yojana 2023

Nearly all banks provide the Kisan Credit Card option. Farmers can find out more about this option by going to their local bank. The following banks offer the Kisan Credit Card.

  • HDFC Bank
  • Bank of India
  • Axis Bank
  • Punjab National Bank
  • State Bank Of India
  • ICICI Bank
  • Bank of Baroda etc.

Under this scheme, credit cards or passbooks would be issued to all the beneficiaries who are farmers. This ecord details like the borrower’s name, residence, land ownership information, borrowing limit, validity, etc. A passport-size photo of the beneficiary farmer must be included in the passbook.

Government officials revealed a new interest rate for the Kisan Credit Card as a result of the Corona changeover. More than 25 lakh recipients from the Chitrakoot region of Uttar Pradesh received Kisan Credit Cards as part of PM Narendra Modi’s unique initiative, for which more than 2000 bank branches have been given work.

A beneficiary have to pay 7% annual interest rate on the card. They will also get an agricultural insurance for the crop and the region. And, the interest is also paid at the savings bank rate on the money saved through the KCC.

The beneficiary will get a 3% interest rate reduction and a 2% subsidy if he pays the loan within a year. It implies that the farmers will receive a 5% overall discount. It indicates that the farmer will only be required to pay 2% interest up to Rs. 300,000 if the loan is repaid within a year.

Benefits of the Kisan Credit Card

  • This scheme is available to all of the nation’s farmers.
  • All farmers affiliated with the Pradhan Mantri Kisan Samman Nidhi Yojana would receive the benefits of this scheme via the Credit Card Scheme Kisan 2023.
  • The national government will lend the nation’s farmers a loan of Rs. 1 lakh 60 000 through this credit card.
  • Farmers will be able to do good farming by obtaining loans through this program.
  • 14 crore farmers nationwide would be able to take advantage of this program’s benefits.
  • It lighten the farmers’ interest burden.
  • Every bank accepts Kisan Credit Card for loans.

Application Process of Kisan Credit Card Yojana 2023

You can apply through both the offline and online mode. Even, you can visit the the official site of your desired Bank and apply for KCC Yojana via online. We have discussed all the processes you can do to apply for the Kisan Credit Card Scheme. Takes a look.

Apply for Kisan Credit Card Offline

To apply for a credit card under this scheme, farmers in the nation must visit the branch of their nearest bank while bringing all required documentation. In order to apply for a Kisan Credit Card Yojana, you must visit a bank and obtain an application form from a bank officer.

You must fill out the entire application form after completing the application. Once you’ve completed the application form, you must submit it to a bank representative together with all of your supporting documentation. The Kisan Credit Card will be issued to you after your application has been verified.

Apply for Kisan Credit Card Online

  • You must first visit the PM Kisan Samman Nidhi Yojana’s official website.
  • You can choose to download the KCC Form from this home page.
  • You can download the application from this page after selecting the option, which will open the KCC Application Form PDF in front of you.
  • The Kisan Credit Card ProgramYou must complete the application form after downloading it and entering all the necessary data.
  • After completing out the application form completely, you must attach any required supporting documentation.
  • After that, you must visit the bank where your account is open to turn in your application.

The application gets approval after varification. After that, it will be sent to the login for the bank account at the branch where the Kisan Samman Nidhi Yojana’s funding is received. Within 15 days, the verified farmers will get Kisan Credit Cards.

Apply Through Bank

  • You need to first visit the bank’s official website.
  • You must select the Kisan Credit Card Form option on the home page.
  • You then need to select the Apply Now option.
  • The application form will now appear in your front.
  • You must fill out the application form completely, including the required fields for your name, phone number, email address, etc.
  • You must then upload all of the necessary paperwork.
  • You now need to select the “submit” option.

Required Documents for Applying the Scheme

  • The farmer should have farmable land.
  • All farmers who are involved in crop production, whether on their own farm, on someone else’s farm, or in any other capacity, are eligible to apply for the Kisan Credit Card.
  • Aadhaar Card of the applicant
  • Farmer should be Indian resident
  • Copy of land
  • PAN card
  • Mobile number
  • Passport size photo


You can find out everything you need to know about the Kisan Credit Card Scheme in this post. You can call the helpdesk number if you’re still having issues by contacting them directly.

Contact Number011-24300606

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