Rajasthan Sahakar Kisan Kalyan Yojana: Farm Loans up to ₹10 Lakh from Cooperative Banks
Run by the Cooperative Department, this scheme gives farmers a term loan of up to ₹10 lakh for farm needs, with an interest subsidy for those who repay on time. Here are the eligibility, documents and application steps.
Scheme at a Glance
| Detail | Information |
|---|---|
| Scheme name | Rajasthan Sahakar Kisan Kalyan Yojana |
| Launched | 25 June 2015 |
| Term loan | Up to ₹10 lakh from a Central Cooperative Bank |
| Working capital | ₹2.5 lakh for building farm assets |
| Produce pledge loan | Up to 70% of produce value (₹1.5 lakh for small/marginal farmers, ₹2.5 lakh for others) |
| Nodal department | Cooperative Department, Rajasthan |
| Application | Offline form from the bank or village service cooperative society |
Latest Update: Interest Subsidy
- From 2024-25, the state government introduced an interest subsidy on long-term cooperative agricultural and non-agricultural loans.
- Farmers who repay on time get a 7% subsidy on agricultural loans, which brings their effective interest to about 4%.
- A 5% subsidy is provided on non-agricultural loans.
- It applies to loans from Central Cooperative Banks and Primary Cooperative Land Development Banks. The government set aside ₹39.75 crore for it.
- Example: on a ₹10 lakh loan, the first-year subsidy was reported as about ₹68,231, cutting interest from ₹1,07,220 to roughly ₹38,989.
- The subsidy is available only if instalments are paid regularly and on time.
- Confirm with your bank or the Cooperative Department whether the subsidy continues for later years.
Key Benefits
- Term loan of up to ₹10 lakh from a Central Cooperative Bank.
- ₹2.5 lakh working capital for farm asset creation.
- Loan up to 70% of produce value against pledged produce.
- Pledge loan interest is stated as 3% per year (verify with your bank).
- Up to 7% interest subsidy for timely repayment.
What the Loan Can Be Used For
- Farm mechanisation: tractor, cultivator, seed drill, thresher, chaff cutter, transport vehicle, and their repairs.
- Irrigation: pipelines, sprinklers, drip, small irrigation works, channel and pump repairs.
- Horticulture: fruit plants, nursery, seed production, henna cultivation.
- Farm development: fencing, boundary wall work, electricity connection.
- Others: greenhouse, solar systems, vermicompost, beekeeping and silkworm rearing.
Who Is Eligible
- Resident of the area covered by the concerned district Central Cooperative Bank.
- Owns unencumbered agricultural land and cultivates it personally.
- Member of the cooperative society or the concerned bank.
Documents Required
- Proof of ownership of agricultural land
- DP note and TP note
- Letter of continuity
The bank may also ask for Aadhaar, photos or land records (jamabandi). Get the checklist from your branch first.
How to Apply
- Collect the application form from your Central Cooperative Bank or village service cooperative society.
- Fill in all the details accurately.
- Attach the required documents.
- Submit the form at the bank or society.
- The concerned officer verifies the application.
- You are informed once the loan is sanctioned.
Important Government Links
- Cooperative Department, Rajasthan
- Rajasthan Sampark (Grievance)
- Jan Aadhaar Portal
- Rajasthan Government Portal
Get the scheme guidelines from the Cooperative Department website or your Central Cooperative Bank.
Helpline and Contact
Helpline0141-2740045
0141-2740737
0141-2740737
Helpdesk Emailreg.coop@rajasthan.gov.in
Nodal DepartmentCooperative Department, Rajasthan
AddressRegistrar Cooperative Societies, Sahkar Bhawan, Bhawani Singh Road, Jaipur
Frequently Asked Questions
What is the maximum loan amount?
- The term loan from a Central Cooperative Bank goes up to ₹10 lakh.
Can I apply online?
- Applications are made on an offline form, available from the bank or the village service cooperative society.
Who gets the 7% interest subsidy?
- Farmers who repay their cooperative bank agricultural loan regularly and on time.
Please Note
- Interest rates, limits and terms can vary by bank and over time. Check with the bank before applying.
- Emitrawala.com is not a government website. This page is for information only.
- Do not pay anyone extra money for getting this loan.
Need Help?
For help with the application, documents, or Jan Aadhaar / Bhamashah issues, contact Emitrawala.com. Our team will assist you.
