Kisan Credit Card (KCC) 4% Subvention Interest Calculator

Calculate interest on crop loans up to ₹3 Lakhs under the Central Government Interest Subvention Scheme (ISS) with 4% effective interest rate.

Interactive Kisan Credit Card (KCC) 4% Subvention Interest Calculator
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Formula & Calculation Methodology

Normal 9% - 2% Central Subvention - 3% Prompt Repayment Incentive = 4% Effective Annual Interest.

Step-by-Step Worked Example

Loan: ₹2,00,000 for 1 Year with prompt repayment

  1. Gross Bank Interest (7%): ₹14,000
  2. Prompt Repayment Subsidy (3%): -₹6,000
  3. Net Interest Payable: ₹8,000 (4% per annum)
Result: Total 1-Year Repayment: ₹2,08,000 (Saved ₹10,000 in Govt Subsidies)

Frequently Asked Questions

What is the maximum KCC loan eligible for 4% interest?

Crop loans up to ₹3,00,000 are eligible for the 3% Prompt Repayment Incentive.

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