Kisan Credit Card Loan Limit has now been increased to ₹5 lakh, making it easier for you as a farmer to get more financial help when you need it the most. This is great news because earlier, the limit was only ₹3 lakh. With the new increase, you can now get a bigger loan to take care of your farm, buy seeds, fertilizers, or even grow your dairy and animal farming work.
Over the years, more and more farmers like you have started using the Kisan Credit Card. It is helping crores of people across India get loans at low interest. These loans are easier to take and repay. You also don’t need to worry about giving anything as security for smaller loans. With new changes, the government wants to make sure that every farmer gets access to low-cost credit and stays away from private moneylenders who charge very high interest.
Kisan Credit Card Loan Limit Increased to ₹5 Lakh
The Government of India has raised the loan limit under the Kisan Credit Card (KCC) from ₹3 lakh to ₹5 lakh. This means you can now borrow up to ₹5 lakh through your KCC under the Modified Interest Subvention Scheme (MISS). The interest remains at a low 7% per year. If you pay your loan back on time, you get a 3% discount. That means you only pay 4% interest. This extra benefit helps you save more money.
For small and marginal farmers, loans up to ₹2 lakh are given without any collateral. You don’t have to give your land papers or any other property to the bank to take this loan. This makes it very simple and stress-free for you to access money during the cropping season or for allied farming like animal husbandry, fishery, and dairy work.
Key Summary of Kisan Credit Card Loan Limit
| Feature | Details |
|---|---|
| Loan Limit | Increased from ₹3 lakh to ₹5 lakh |
| Effective Interest Rate | 4% per annum with timely repayment (7% base rate minus 3% incentive) |
| Collateral-Free Loan Limit | Up to ₹2 lakh |
| Eligible Beneficiaries | Farmers involved in crops, dairy, poultry, animal husbandry, and fisheries |
| Support Scheme | Modified Interest Subvention Scheme (MISS) |
| Loan Purpose | Purchase of seeds, fertilizers, pesticides, and other farm inputs; working capital for allied activities |
| Total Disbursed Through KCC | ₹10.05 lakh crore |
| Total Farmers Benefited | 7.72 crore farmers |
| Interest Subvention | 1.5% provided to banks by the government |
| Application Channels | Commercial banks, cooperative banks, regional rural banks |
How to Apply Kisan Credit Card Loan Yojana 2025?
STEP 1: Go to your nearest bank or cooperative society that gives Kisan Credit Cards. You can also visit the official PM-KISAN website for updates and forms.
STEP 2: Submit your identity proof, land details (if needed), and farming documents. If you’re applying for a fresh loan, ask for the updated ₹5 lakh limit under KCC. If you’re already a KCC holder, request for loan limit enhancement.
As per the latest data, more than ₹10.05 lakh crore has already been given to over 7.72 crore farmers through Kisan Credit Cards. This shows that more and more farmers are now getting the benefit of bank loans at low interest.
Types of Kisan Credit Cards
- A magnetic stripe card integrated with a Personal Identification Number (PIN) and an International Standards Organization International Identification Number (ISO IIN) that provides access to all bank ATMs and micro-ATMs.
- Debit cards featuring magnetic stripes are available with both PIN and ISO IIN for banks that utilize the UIDAI’s centralized biometric authentication system (Aadhaar authentication).
- Some banks offer debit cards that rely solely on biometric identification, in alignment with their client demographics.
- In the interim period before widespread deployment of UIDAI, banks can continue utilizing their existing centralized biometric systems, albeit without interoperability.
- Financial institutions may consider offering EMV (Europay, MasterCard, and VISA) compliant chip cards along with magnetic stripes and ISO IIN.
- Additionally, the Institute for Development and Research in Banking Technology (IDRBT) and the Indian Banks’ Association (IBA) have developed shared open standards for biometric authentication and smart card technologies.
Required Documents
- Application Form.
- Two passport-sized photographs.
- ID proof, such as a driver’s license, an Aadhar card, a voter identity card, or a passport.
- Address proof, such as a driver’s license or an Aadhar card.
- Proof of landholding, duly certified by the revenue authorities.
- Cropping pattern (crops grown) with acreage.
- Security documents for loan limits exceeding Rs. 1.60 lakhs / Rs. 3.00 lakhs, as applicable.
- Any other documents as approved.
What is Kisan Credit Card and How It Helps You
PM Kiasn Yojana – Kisan Credit Card is a card that works like a credit facility specially made for farmers. It helps you take money from the bank to buy seeds, manure, farm tools, or to pay for your farming needs. It also covers animal care, fish farming, and dairy work.
Earlier, it was only for buying farming inputs, but since 2019, it also covers allied activities. That means if you have cows, goats, poultry, or do fishing, you can also use the KCC money for your work.
The government supports this scheme with something called MISS (Modified Interest Subvention Scheme). Under this, banks give you loans at a discounted rate. You save a lot more if you pay on time.
Many farmers used to borrow from private lenders who ask for a lot of interest. Now, because of KCC, you get money from the bank without any tension. You can use this money during sowing, harvesting, or for daily farm expenses.
Kisan Credit Card Loan Calculator
You can use the below simple method to calculate your possible loan under KCC:
Loan amount depends on:
- The size of your land
- The type of crops you grow
- Your past repayment history
Example Calculation:
If you grow paddy on 2 acres and your bank estimates ₹50,000 per acre cost, then:
Loan = 2 acres x ₹50,000 = ₹1,00,000
If you do animal husbandry or fishery along with farming, the bank may increase the amount based on your working capital need. You can ask the bank manager to help you calculate the full amount based on your farm activity.
Contact / Helpline Number
If you have questions or need help, visit your nearest bank branch or call the Kisan Credit Card helpline at 1800-11-5526. You can also visit the PM-KISAN official website for more details.
FAQs
What is the new Kisan Credit Card loan limit?
The loan limit has been increased from ₹3 lakh to ₹5 lakh under the Modified Interest Subvention Scheme (MISS).
Who can apply for a Kisan Credit Card?
All farmers including those involved in crop farming, animal husbandry, dairy, and fisheries can apply.
What is the interest rate under the KCC scheme?
It is 7% per year. If the farmer repays on time, it becomes 4% with a 3% Prompt Repayment Incentive.
Can I use KCC for animal farming or fisheries?
Yes, since 2019 the scheme includes working capital needs for allied activities like dairy, poultry, and fisheries.