Bank finance & Insurance

🏦 Major Government Schemes Implemented Through Banks (For Farmers)

No.	Scheme Name	Objective	Implemented Through
1️⃣	Kisan Credit Card (KCC) Scheme	Working capital for crops	All banks / Cooperative banks / Regional rural banks
2️⃣	Pradhan Mantri Fasal Bima Yojana	Crop loss insurance	Banks / Agriculture department
3️⃣	KCC for Animal Husbandry and Fisheries	Loan for animal and fish farming	All banks
4️⃣	Agricultural Mechanization Scheme	Assistance and loan for purchasing farm machinery	Banks + Agriculture department
5️⃣	NABARD Schemes	Agricultural infrastructure and capital investment	Banks + NABARD
6️⃣	Pradhan Mantri Krishi Sinchai Yojana	Irrigation facilities	Banks + Agriculture department
7️⃣	Kisan Samriddhi Yojana (Rajasthan)	Agricultural diversification and technical support	Banks + State government

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1️⃣ Kisan Credit Card (KCC) Scheme

Eligibility:

• Farmers engaged in cultivation (own land or sharecropping)
• Livestock rearers and fishermen are also eligible

Loan Amount:

• ₹10,000 to ₹3,00,000 (depending on crop)
• Interest Rate: 4% (including subsidy for timely repayment)

Required Documents:

• Aadhaar card
• Land ownership papers / Khasra copy
• Bank passbook
• Passport size photo
• Caste certificate (if applicable)
• Crop insurance form

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2️⃣ KCC for Animal Husbandry and Fisheries

Purpose: Loan for cow, buffalo, goat rearing or fish farming
Loan Amount: Up to ₹2,00,000
Interest rate & documents: Same as KCC scheme

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3️⃣ Agricultural Mechanization Scheme

Purpose:
Assistance for purchase of tractor, thresher, reaper, harvester, drone, etc.

Assistance Amount:

• Subsidy from 40% to 60%
• Loan limit ₹1,00,000 to ₹10,00,000

Required Documents:

• Machinery details
• Agricultural land ownership proof
• Quotation
• ID proof and Aadhaar

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4️⃣ Pradhan Mantri Krishi Sinchai Yojana

Purpose:
Support for drip irrigation, sprinklers, irrigation wells, tube wells, farm pond construction

Assistance:

• Subsidy + bank loan
• Loan limit ₹50,000 to ₹2,00,000

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5️⃣ NABARD Schemes

Scheme	Description
Agricultural Infrastructure Fund	Loan up to ₹2 crore for warehouse, cold storage, processing unit
Dairy Entrepreneurship Development Scheme	Subsidy + loan for dairy farming
Crop Diversification Scheme	Support for new crops – seeds, irrigation, training

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🌾 Pradhan Mantri Fasal Bima Yojana (PMFBY)

Purpose:
To compensate farmers for crop losses due to natural calamities, pests, and diseases

Eligibility:

• Land-owning farmers, tenants, sharecroppers
• Mandatory for loanee farmers, voluntary for non-loanee farmers

Implementation Time:

• Kharif: 1 June to 31 July
• Rabi: 1 October to 31 December

Premium Rates:

Crop Type	Farmer’s Premium Share
Food grains / Oilseeds (Kharif)	2%
Rabi crops	1.5%
Commercial / Horticultural crops	5%

Remaining premium is borne by the government.

Required Documents:

• Aadhaar card
• Land documents / Lease deed
• Crop details
• Bank passbook
• Passport size photo

Claim Process:

1. Report crop loss within 72 hours
2. Assessment team at village level will inspect
3. Payment directly to the bank account

Insurance Companies in Rajasthan:

• HDFC Ergo General Insurance
• IFFCO-Tokio
• Agriculture Insurance Company of India Ltd.
• Reliance General Insurance
  (Varies by district)

Important Contact:

• Agriculture helpline: 1800-180-1551
• Application: Nearest bank branch / Common Service Center (CSC)