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HDFC Kisan Credit Card

Updated on December 4, 2023 , 36586 views

To avoid the inflexible tenure of the loan, the HDFC Bank has started to offer Kisan credit card to the Indian farmers and people involved in the agricultural Industry. The credit card comes with a specific limit that involves a farmer’s personal, household, unexpected, and agricultural expenses. It is one of the low-interest loans that come with a flexible tenure, allowing farmers to make the best of the loan amount without having to worry about the repayment. They are supposed to renew the credit card every year.

HDFC Kisan Credit Card

During the renewal, the bank reviews the farmers’ performance and extend the credit card limit. The credit card remains valid for up to 5 years, which means the farmers are supposed to use the full amount on the card within five years. Moreover, they have to repay the full amount within 12 months. The repayment period can be extended if the crops are damaged due to pest attacks or natural calamities. Basically, the farmers have to repay the loan after harvesting and selling the crops.

HDFC Bank Kisan Credit Card Loan

Depending on the productivity, cropping pattern, Income, and agricultural Land, the bank decides the best Credit Limit for each farmer. The maximum amount you can obtain from the Kisan credit card loan is up to Rs. 3 Lakh. However, you need to have a good Credit Score to qualify for this loan.

Banks will consider your credit score, Collateral, and other documents to determine your eligibility for this loan. They may also request you to submit income statements and landholding documents. HDFC Kisan credit card interest rates are not disclosed. However, you will get an interest subvention up to 9% from the government. This means the government will pay up to 9% of the interest charged on your credit card.

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HDFC KCC Interest Rate 2023

The interest rate charged on the HDFC Kisan credit card can vary from farmer to farmer. The average interest is 9% p.a. Fortunately, the government offers interest subsidies. A 3% of interest subsidies is available for farmers who maintain a Good Credit score and repay their loan and utility bills on time.

A 2% of interest subvention is available for farmers that borrow a loan up to Rs. 2 Lakh.

Loan Minimum Interest Per Annum Maximum Interest Per Annum
HDFC Kisan Credit Card 9% 16.69%

Introduced by National Bank of Agriculture and Rural Development, the Kisan Credit Card scheme has been adopted by most of the private and public banks. Though interest charged on this loan varies by bank, the government interest subvention is available for all farmers.

Benefits of HDFC KCC

  • The bank issues the credit card and provides you with a passbook that could be used for cash withdrawal. They also offer a cheque book with a Rs. 25,000 credit limit
  • The loan is flexible. Farmers can use it to purchase agricultural equipment, seeds, irrigation tools, fertilizers, and more. They can also use it to meet the household and personal expenses.
  • The bank offers a maximum credit limit up to Rs. 3 Lakh at an average interest of 9%. The government also provides interest subvention to farmers with good credit scores.
  • The credit limit is higher for agricultural landowners and farmers with a high credit score and good loan repayment record.

HDFC Kisan Credit Card Features

  • The card remains valid for five years, which means you need to use the entire amount within 5 years.
  • The annual renewal of the Kisan Credit card is mandatory.
  • The loan amount needs to be repaid post the harvesting of crops.
  • If the crop season fails due to the natural calamity, pest attack, and other reasons, then the bank will offer the repayment extension up to 4 years.
  • The credit limit of the loan will be decided by HDFC bank. They will take your credit score, income, and other factors into consideration to decide your credit limit.

How to Apply for HDFC Kisan Credit Card?

The HDFC bank has started the credit scheme to provide financial support and assistance to the people working in the agricultural industry. You can visit a cooperative or regional bank for the application process. The farmers also need to complete the application form, which is available on the internet as well.

You can download the PDF of the HDFC Kisan gold card application form from the official website of the bank. Attach the required documents, and submit it to the nearest HDFC bank branch. The manager may take a few business days to review your application. If you qualify for the loan, they will accept the request and grant you the credit card. Once issued by the bank, the farmers can use the money for whatever purposes they want.

Banks and experts highly recommend farmers use this money to fund their agricultural requirements such as buying agricultural equipment, irrigation tools, machinery, construction, and other purposes. People above 70 years will also get insurance along with the credit card.

HDFC Kisan Credit Card Customer Care Number

For further details you can contact - 1800115526 or 0120-6025109


1. Is there a government subvention available for the KCC?

A: The HDFC Kisan credit card has various interest rates, and yes, you can enjoy government subvention on the card. A farmer can enjoy a government subvention on the interest up to 9%. In other words, the government will pay this interest to the bank.

2. Are government subsidies available on the Kisan credit card?

A: Yes, the government offers subsidies to farmers who have good credit scores and pay the bills on time. Such farmers can avail of up to 3% subsidies on the KCC purchases.

3. Can the bank decide the interest rates charged?

A: Yes, the interest charged by the bank varies from farmer to farmer. However, the minimum interest that the bank can charge is 9% per annum, and the maximum interest it can charge is 16.69% per annum.

4. For how long can the farmer take credit?

A: A farmer can take a credit card loan for 5 years and repay the loan amount in 12 months. However, this is not a strict tenure as the farmers can expect an extension of the harvest is not good. You can repay the loan after harvesting and selling the crops.

5. Can I get any insurance coverage with the Kisan credit card?

A: Yes, you will receive coverage under the National Crop Insurance or NCI scheme. This will protect your crops against any loss caused dues to the attack of pests and insects. You will also receive Personal Accident cover if you are below seventy years.

6. What is the limit for the HDFC Kisan credit card?

A: The maximum limit is of Rs.3 lakh. This means you make withdrawals or transactions using the card up to Rs.3 lakh.

7. What is the limit for checkbook issued with the HDFC Kisan credit card?

A: A farmer can make payments up to Rs. 25,000.

8. Is a good credit score necessary for the KCC?

A: Yes, it would help if you had a good credit score. To understand your score, you should discuss it with the issuing authority.

9. Does a farmer need to visit an HDFC bank’s branch to get the card?

A: No, it is unnecessary to visit a branch of the HDFC bank to apply for the card. You can visit any cooperative, regional, or nationalized bank in his bank to apply for the card.

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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