Kisan Credit Card

NEO Credit Card
  • Features
    Credit facility for farmers to meet cost of cultivation & post-harvest expenses.
  • Loan amount
    ₹25,001 to ₹2.5 Crore
  • Maximum tenure
    5 years

Kisan Power

NEO Credit Card
  • Features
    Credit facility for farmers to meet cost of cultivation and post-harvest expenses
  • Loan amount
    ₹25,001 – ₹2.5 cr
  • Maximum tenure
    5 years

Kisan Matsya

NEO Credit Card
  • Features
    For meeting recurring expenses and investment needs of farmers involved in the fisheries sector
  • Loan amount
    ₹25,001 – ₹1.5 Cr
  • Maximum tenure
    5 years

Poultry Power

NEO Credit Card
  • Features
    For financing working capital and term loan requirements of poultry units
  • Loan amount
    ₹2,00,000 – ₹5 Cr
  • Maximum tenure
    3 years

Dairy Power

NEO Credit Card
  • Features
    For extending credit facilities to animal husbandry farmers associated with any dairy unit
  • Loan amount
    Loan amount: ₹50,000 - ₹10 lakh (under CGFMU cover). Without CGFMU cover, the maximum loan amount is ₹5 lakh.
  • Maximum tenure
    Up to 39 months

Farm Development Term Loan

NEO Credit Card
  • Features
    For meeting the farm development and investment needs for agriculture purpose. This facility can be availed for land development, levelling, fencing and irrigation solutions.
  • Minimum loan amount
    ₹25,001 /-
  • Maximum tenure
    Up to 7 years (with a moratorium period ranging from 6 to 24 months)

PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan)

NEO Credit Card
  • Features
    To meet farmers contribution towards installation of standalone agriculture pumps and for solarisation of grid connected agriculture pumps
  • Loan amount
    ₹25,001 – ₹2.5 Cr
  • Maximum tenure
    Up to 7 years (including moratorium)

Overdraft Unnati

NEO Credit Card
  • Features
    For meeting consumption requirement of individual
  • Minimum loan amount
    ₹1,00,001 /-
  • Maximum tenure
    1 year

Overdraft Vikas

NEO Credit Card
  • Features
    For meeting consumption requirement of individual
  • Minimum loan amount
    ₹1,00,001 /-
  • Maximum tenure
    1 year

Kisan Tatkal (ODFD)

NEO Credit Card
  • Features
    For meeting household consumption and other than farming and business requirement of the farmers/ individuals against FD.
  • Maximum loan amount
    Up to 5 Crore
  • Maximum tenure
    1 year

Frequently Asked Questions

The approval time for a Farmer Loan varies depending on the financial institution and the complexity of the application. Typically, it can take anywhere from a few weeks to a couple of months. This period includes document verification, application review, and any additional processing required before disbursement.

Yes, farmers can secure funding for organic or sustainable farming practices. Many financial institutions and government programs offer specialised loans and grants to support environmentally friendly agricultural methods. These funding options help cover costs related to certification, equipment, and other investments needed to implement sustainable practices.

Common types of loans available for farmers include -

  • Crop Loans which provide funds for planting and maintaining crops.
  • Equipment Loans for purchasing or upgrading machinery.
  • Livestock Loans for buying or raising animals.
  • Infrastructure Loans for building or improving farm facilities.