Revolving short-term credit for seeds, fertiliser and other crop needs, with government interest support. Also available for animal husbandry and fisheries. Budget 2025-26 announced a rise in the loan limit from ₹3 lakh to ₹5 lakh, so ask your bank for the limit that applies today.
Amount / benefit: Crop loans at 7% interest, effectively 4% with timely repayment (interest-subvention scheme, loans up to ₹3 lakh)
Short-term crop loans at 7% a year; an extra 3% prompt-repayment incentive brings it to 4%. Loans up to ₹2 lakh per borrower can be taken without collateral.
Farmers who cultivate land, including owner-cultivators, tenant farmers, oral lessees and sharecroppers, and groups of farmers (self-help or joint liability groups). Fishers and animal-husbandry farmers can also apply. The bank sets your limit from your land, crops and needs. To get the 4% rate you must repay on time.
Most farmer schemes accept applications through the year or in notified windows. Check the official portal for the current window.
Farmers who cultivate land, including owner-cultivators, tenant farmers, oral lessees and sharecroppers, and groups of farmers (self-help or joint liability groups). Fishers and animal-husbandry farmers can also apply. The bank sets your limit from your land, crops and needs. To get the 4% rate you must repay on time.
Short-term crop loans at 7% a year; an extra 3% prompt-repayment incentive brings it to 4%. Loans up to ₹2 lakh per borrower can be taken without collateral. Amount: Crop loans at 7% interest, effectively 4% with timely repayment (interest-subvention scheme, loans up to ₹3 lakh).
Bank's KCC application form, Aadhaar / identity proof, Address proof, Land record or tenancy proof, Passport-size photographs.
The official website is https://www.nabard.org (source: Department of Agriculture & Farmers Welfare / RBI / NABARD).