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

About This Scheme

The scheme "COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to support farmers by offering a 4% interest subvention on crop loans up to ₹3 lakh, provided the loan is repaid on time. This assistance helps farmers reduce their financial burden, improve crop yield, and enhance their income. It also encourages responsible financial practices among farmers.

Eligibility

1. The applicant must be a farmer. 1. 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 1. The farmer should have repaid the loan on time.

Benefits

Name of Component Standard of AssistanceMinimum Time Limit (in Year) for Reclaiming BenefitsCOP-34, Financial assistance to farmer for Interest Subvention4% interest subvention on timely repayment of crop loan taken by farmers up to ₹3,00,000/-only once in a financial year

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.