Tools
KCC Interest Subvention Calculator
Your Kisan Credit Card crop loan can cost just 4% a year if you repay on time. See exactly how much the prompt-repayment incentive saves you.
₹2,00,000
12 mo
Crop loans up to ₹3 lakh carry 7% interest; repaying on time earns a 3% incentive, bringing your effective rate to just 4%.
You save with prompt repayment
₹6,000
- Interest at 7% (no incentive)
- ₹14,000
- Interest at 4% (prompt repayment)
- ₹8,000
- Your saving
- ₹6,000
Indicative only. The 3% Prompt Repayment Incentive applies to loans up to ₹3 lakh and requires on-time repayment. Verify current terms on the official portal or with your bank.
FAQ
Frequently asked questions
Under the Modified Interest Subvention Scheme, short-term crop loans up to ₹3 lakh carry an interest rate of 7%. Farmers who repay on time get an additional 3% Prompt Repayment Incentive, so the effective rate is just 4%.
Repay the loan on or before the due date. The 3% incentive is credited only for timely repayment; otherwise you pay the full 7% (or the bank’s normal rate above ₹3 lakh).
No. Scheme terms and limits are set by the government and revised periodically. Verify the current rate, ceiling and conditions on the official portal or with your bank.
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