Kisan Credit Card (KCC) Loan Limit Increased from ₹3 Lakh to ₹5 Lakh

Major relief for farmers, the government has increased the loan limit under the Kisan Credit Card (KCC) scheme from ₹3 lakh to ₹5 lakh. This move aims to strengthen the financial stability of farmers, fishers, and dairy entrepreneurs. Farmers up to the age of 75 years are eligible for this scheme, and the KCC will be valid for five years. Beneficiaries can access the loan amount conveniently through ATMs, smart cards, and mobile banking. This initiative is expected to benefit approximately 7.4 crore farmers across the country.

Kisan Credit Card Scheme Objective:

The primary objective of the Kisan Credit Card scheme is to provide financial support to farmers for their agricultural needs. Through this scheme, farmers can easily avail loans from banks to meet various farming expenses, including crop cultivation, dairy farming, fisheries, animal husbandry, and post-harvest costs.

Eligibility for the KCC Scheme:

1. Farmers who own and cultivate agricultural land.
2. Fishers, dairy farmers, and livestock rearers.
3. Tenant farmers, oral lessees, and sharecroppers are also eligible for the scheme.

Required Documents for KCC Application:

1. Aadhaar Card, PAN Card, Voter ID, or Driving License.
2. Proof of residence.
3. Land ownership documents.
4. Passport-size photographs.

Online Application Process: To apply for the Kisan Credit Card scheme online, applicants need to visit the official website https://eseva.csccloud.in/KCC, fill in the required details, and submit the application.