The Kisan Credit Card is a government initiative by India aimed at providing financial support to small and marginal farmers, shielding them from moneylenders who impose high interest rates. The scheme enables farmers to access low-interest loans and offers interest subventions for timely repayments.

Interest rates for the Kisan Credit Card differ among banks, such as SBI, PNB, HDFC Bank, Axis Bank, Mahabank, Indian Overseas Bank, and UCO Bank. Factors influencing the interest rates include the loan amount, promptness of payment, and payment regularity.

The Kisan Credit Card scheme presents numerous benefits such as low-interest rates, no collateral for loans up to Rs. 1.60 lakh, insurance coverage, a repayment timeline aligned with crop harvesting and marketing periods, and usage of the account as a savings account.

Application for a Kisan Credit Card can be completed online via the bank's website or by visiting a bank branch. Key documents needed include proof of identity, address, and income. The loan's tenure varies, with a maximum of 5 years.

Offered by several banks such as State Bank of India, Punjab National Bank, HDFC Bank, and Axis Bank, some FAQs cover eligibility, insurance, loan activities, tenure, collateral, and the application process.