Interest on a Kisan Credit Card loan with the 3% prompt repayment incentive counted
Estimates only, not financial advice. What you type stays on your device. Checked against sources on 30 Oct 2026.Kisan credit card interest on a ₹4,00,000 crop loan repaid on time after 12 months is ₹21,000: the first ₹3,00,000 costs 4% (7% less the 3% prompt repayment incentive) and the rest your bank's 9%. Repaid late, the subsidised part costs 7%. Enter your loan, months and bank rate.
| Loan | Repaid on time (4%) | Repaid late (7%) |
|---|---|---|
| ₹50,000 | ₹2,000 | ₹3,500 |
| ₹1,00,000 | ₹4,000 | ₹7,000 |
| ₹2,00,000 | ₹8,000 | ₹14,000 |
| ₹3,00,000 | ₹12,000 | ₹21,000 |
| ₹4,00,000 | ₹21,000 | ₹30,000 |
Rates and rules read from PIB release, Cabinet continues the Modified Interest Subvention Scheme for 2025-26 on 30 Oct 2026; they may have changed since.
Type the amount drawn on your Kisan Credit Card.
Set the months until you repay, up to 12.
Switch off "I will repay by the due date" to see the rate without the prompt repayment incentive.
Read the interest estimate and Total to repay, and open How it is worked out for the steps.
Short-term crop loans taken through a Kisan Credit Card (KCC) carry a government interest subsidy called the Modified Interest Subvention Scheme (MISS). This calculator applies it to your loan and shows the interest, the total to repay and what the scheme saves against your bank's normal rate.
The scheme figures. The Reserve Bank of India's circular of 13 January 2026 (RBI/2025-26/193) continuing MISS for 2025-26 sets them: short-term loans for crops and allied activities up to an overall ₹3 lakh at 7% a year to the farmer, and a further 3% a year for farmers who repay promptly, which brings the rate to 4%. For loans only for animal husbandry, dairy, fisheries or bee-keeping the limit is ₹2 lakh. The subsidy runs from drawal until repayment or the due date, whichever is earlier, for at most one year. Nothing above the limit is subsidised; that part pays the bank's own rate, which you enter.
What it does not do. A KCC is a revolving limit and banks charge interest on the daily balance you use; this calculator takes one drawal repaid in one go, with simple interest, for up to 12 months. It does not include processing fees, insurance premiums debited to the card, or the higher rate a bank charges after the due date. Term loans for machinery or land development are not covered by the scheme.
The rest of the article, and all 6 questions about KCC Interest Calculator, are on the KCC Interest Calculator page.
Under the Modified Interest Subvention Scheme, short-term KCC loans up to ₹3 lakh are charged 7% a year. Farmers who repay by the due date get a further 3% prompt repayment incentive, so the effective rate is 4%. The RBI circular of 13 January 2026 continued these figures for 2025-26.
Repaying by the due date the bank fixed for the loan, and within one year of drawing it, whichever comes first. The 3% incentive is paid only to farmers who meet that date. Repay late and the subsidised part is charged 7%, and the bank may charge its card rate after the due date.
Yes. When the KCC loan is only for animal husbandry, dairy, fisheries or bee-keeping, the subsidised limit is ₹2 lakh, inside the overall ₹3 lakh for farmers who also take crop loans. Tick the allied activities option in the calculator and it uses the ₹2 lakh limit.
Only approximately. A KCC is a revolving limit, and banks charge interest on the daily balance used. The calculator takes one drawal repaid after the months you enter. For several drawals, work each one out separately with its own months and add the results together.
Rates and rules change; check the source before you rely on a figure.
Still stuck? Ask about KCC Interest Calculator and anybody who knows can answer. No account needed.
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