Kisan Credit Card Bill Payment

Just like a regular credit card, Kisan Credit Card (KCC) payments can be made online through your bank’s net‑banking portal or using digital payment apps such as Google Pay and PhonePe. The Kisan Credit Card is linked to a specific loan account with the issuing bank, and repayments are completed by transferring funds directly into that loan account.

When the bill gets due, the required funds get debited from the loan account automatically. Discussed below are the different ways of Kisan Credit Card online payment.

Using Net Banking or Bank Transfers

1. Log into your bank's internet banking portal with your credentials.
2. Select a ‘Fund Transfer’ option and then choose a suitable fund transfer option among NEFT, RTGS, and IMPS.
3. Enter the Kisan Credit Card account number, IFSC code of the issuing bank branch, and the repayment amount.
4. Proceed to enter the One-Time Password (OTP) sent to your registered mobile number.

Payments via Mobile Apps

1. Open apps like Google Pay, PhonePe, etc. You can also choose the mobile banking app of your bank.
2. Choose ‘Bank Transfer’ or ‘Pay to Account’ options.
3. Input the Kisan Credit Card loan account number as the recipient, IFSC code, amount, and a note called ‘KCC Repayment’ in remarks. Filling the ‘Remarks’ option is optional.
4. Authenticate with UPI PIN to complete the transaction.
   

Government Portals: Although Kisan Credit Card is a government initiative, it is issued by different commercial banks. Therefore, there is no dedicated government portal for Kisan Credit Card payment online. The credit cardholder will have to pay the bill due by transferring funds to the loan account held with the issuing bank. For instance, if your Kisan Credit Card was issued by Canara Bank, you have to settle the bill by transferring funds to your Canara Bank Loan Account, which is linked with the credit card.

A timely Kisan card payment is essential to maintain financial prudence and efficient credit management. Individuals who are not accustomed to online payment, can choose to pay the credit card dues offline. Discussed below are different ways of offline repayment within the Kisan Credit Card repayment period.

Bank Branch Deposits via Cash:

1. You can visit the bank branch through which you got your Kisan Credit Card.
2. You can deposit money into your loan account for credit bill payment by filling a deposit slip.
3. Specify the loan account details like the account number and IFSC if needed.
4. Hand over the amount to the teller and don’t forget to collect the receipt.

Cheque Payments:

1. Request a cheque book linked to your savings or current account if available for Kisan Credit Card operations.
2. Write a cheque in favor of your Kisan Credit Card loan account (self-account transfer).
3. Make a note stating, “Kisan Credit Card Repayment” on the back of the cheque.
4. Drop it at the branch drop-box or submit in person.

Business Correspondents (BCs) or Common Service Points (CSPs):

A CSP (Customer Service Point) is a local banking touchpoint set up in rural areas to help people access essential banking services. If a Kisan Credit Card holder is unable to make payments online or through the other offline options mentioned earlier, they can visit a nearby CSP. The banking representatives there will guide them through the process and assist in completing their Kisan Credit Card payment.

Various fundamentals of the Kisan Credit Card, like the credit limit and tenure, are customised according to the needs of particular farmers, based on their unique cropping patterns, harvest season, object of credit, etc. This revolving cash credit account features flexible repayment periods tailored to the farmers' cash flows. Credit taken via this credit card is categorised as short-term and long-term, each having its unique repayment tenure.

Discussed below are various aspects of the Kisan Credit Card repayment period.

• Short-Term Crop Loans:

Under the Kisan Credit Card, short-term credit can be taken to meet short-term capital requirement during cultivation, finance post-harvest expenses, marketing, consumption expenses of the farmer’s household, and working capital needed to meet farm assets.

Subsequently, in this case, the issuing bank may choose the period of repayment based on when the crops (for which the loan has been approved) are expected to be harvested and marketed. Therefore, this kind of credit is often payable within a year. It allows the loan to become repayable after sale and liquidation of crops, when the farmer can have sufficient funds.

• Term Loan Component:

The long‑term credit limit under the Kisan Credit Card is meant to finance investment‑related needs in agriculture and allied activities. This portion is generally repayable within a period of up to 5 years, based on the nature of investment.  However, the issuing bank may offer a longer repayment tenure if the nature of the farmer’s proposed investment requires extended financing.

• Renewal:

Post a term of 5 years, the card is subject to renewal. A cardholder gets a 10% increase in loan amount limit every year. Moreover, the scheme also incentivises prompt repayment, as individuals can get a Prompt Repayment Incentive (PRI) of 3% p.a. up to ₹3 Lakhs.

Although there is no uniform government portal or service uniquely dedicated to Kisan Credit Card bill payment, usually, post-successful payment of a credit card bill, an automatic confirmation SMS is sent to the cardholder. However, in case you are unable to find such confirmation, follow the methods below. 

• Bank Statements and Passbook:

You can obtain a mini-statement or full passbook update at your issuing bank branch. Moreover, you can also use bank ATMs for balance inquiry. Simply, Kisan Credit Card loan account debit card (if you have it), enter PIN and select balance enquiry. You can also view an account summary, which shows the list of all transactions.

• SMS and Mobile Alerts:

Ensure that you register the mobile number in use while applying for the Kisan Credit Card at a commercial bank. Once a mobile number is registered, you are supposed to get notifications after any transaction. You can also check the balance by sending an SMS to a toll free number. The number and required content of SMS varies from one bank to another.

For instance, at XYZ bank one can check the balance by sending an SMS containing BAL[Last 4 digits of the account] at 10xxxx.

• Mobile App and Net Banking:

You can also log in to your net banking portal or mobile banking app. Navigate to account statements and review the transactions that occurred. You can also check the balance here.

• Helpline:

If these methods don’t suffice, a credit cardholder can also contact the issuing bank’s helpline and get assistance on the latest transactions and account balance.

The Kisan Credit Card repayment period is crop-specific for its short-term credit component, meaning it becomes payable based on crop harvest and marketing. Moreover, the term loans are repayable within 5 years. However, even in this case, the issuing bank can increase the repayment period based on the nature of investment the debt is supposed to finance.

Therefore, the Kisan Credit Card scheme ensures that farmers have enough liquidity to repay debt and offers high flexibility from customised debt offerings. Additionally, timely repayments can help bring down interest at a subsidised rate of 4%. If you fail to make timely payment, you can miss out on this subsidised rate and will have to pay the higher actual rate of interest.

To avoid the consequences of late payments, cardholders can follow the following strategies.

1. While taking the credit card, you should clearly communicate with the issuer bank and understand the interest, subvention, and other policies.

2. Plan debt fund utilisation effectively. Banks often help get expert assistance in this regard.

3. If there is a crop failure or any unforeseen situation, contact your bank immediately so they can help you work out an appropriate repayment strategy.

4. Ensure efficient planning of funds so that Kisan Credit Card repayment can be made timely.

Discussed below are the different benefits of timely Kisan Credit Card Bill Repayment.

• Interest Subvention Benefits: In addition to the normal 2% interest subvention, prompt repayment within crop season due dates entitles farmers to a 3% Prompt Repayment Incentive (PRI), which lowers effective rates to 4% annually on short-term loans. This significantly reduces borrowing expenses, enabling more affordable access to working capital for seeds, fertilisers, and post-harvest needs.

• Credit Limit Enhancements: Banks review KCC limits annually, increasing them by up to 10% for good repayment histories, ensuring higher funds availability for future seasons without fresh applications. Consistent on-time payments prevent limit reductions or suspensions, maintaining seamless revolving credit tied to land holdings and cropping patterns.

• Continued Access to Funds: An optimal repayment record helps cardholders get favourable terms during calamities and crop failures. Banks can give extensions and prevent loss of subvention if prior records are clear.

• Credit Score: The Kisan Credit Card provides debt at a greater flexibility of terms. Cardholders can use this opportunity to increase their credit score through timely payments and open better credit opportunities for the future.