COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)

Name of Component Standard of Assistance Minimum Time Limit (in Year) for Reclaiming Benefits

COP-34, Financial assistance to farmer for Interest Subvention 4% interest subvention on timely repayment of crop loan taken by farmers up to ₹3,00,000/- only once in a financial year

The applicant must be a farmer.

The farmer should have taken a short-term crop loan during the Kharif season (1st April to 30th September) from any of the following:

Primary Agricultural Credit Cooperative Society

District Central Cooperative Bank

Nationalized Bank

Gramin Bank

Private Bank

The farmer should have repaid the loan on time.

Offline

The bank from which the crop loan has been availed by the farmer has to submit the integrated interest subvention proposal of its area of operation to the Registrar, Co-operative Societies, Gujarat State, Gandhinagar.

Kisan Credit Card (KCC) loan documents.

Proof of timely repayment.

Farmer’s identity proof (Aadhaar card, etc.).

Land ownership or cultivation document.

Any other documents as required.