Kisan Credit Card ( KCC ) Scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue Kisan Credit Cards to the farmers of India. You can use this calculator to calculate interest on KCC Loans in various Banks – State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Canara Bank, Union Bank of India, Bank of India, Indian Bank, Central Bank of India, Indian Overseas Bank, UCO Bank, Punjab & Sind Bank, and Bank of Maharashtra.

Interest rate on KCC is 7% p.a. on loans upto Rs.3.0 lacs. 3% interest subvention is provided for loans upto Rs. 3.00 lacs on prompt repayment. KCC limit is sanctioned for 5 years and 10% limit is increased every year, subject to annual review.