Chief Minister’s Krishi Rinn Yojana

Farming in Arunachal Pradesh often depends on unpredictable weather and limited resources, leaving many farmers struggling to meet seasonal costs. The Chief Minister’s Krishi Rinn Yojana helps by offering crop loans of up to ₹3 Lakhs at zero interest for timely repayments. This support reduces borrowing costs and keeps farming operations steady. Backed by the state government and the National Bank for Agriculture and Rural Development (NABARD), the scheme aims to strengthen rural livelihoods and improve farmers’ financial stability.

The Krishi Rinn Yojana aims to enable farmers in Arunachal Pradesh to access crop credit through formal banking channels at minimal cost, removing financial barriers that often hinder agricultural activity. It primarily caters to farmers holding Kisan Credit Cards, with land and crop cultivation in the state, so they can borrow up to ₹3 Lakhs under favourable interest conditions and sustain their farming operations.

The Chief Minister’s Krishi Rinn Yojana includes several farmer-focused features that make credit access easier, affordable, and rewarding:

Interest Subvention of 4%

Farmers receive a 4% interest subsidy on crop loans or Kisan Credit Card limits of up to ₹3 Lakhs.

Additional 3% Relief for Timely Repayment

An extra 3% interest waiver is granted when the loan is repaid within one year of disbursement.

Zero Effective Interest Rate

By repaying on time, farmers enjoy an interest-free loan, easing their financial burden.

Loans Available Across All Banks

Farmers can access this benefit through any recognised bank operating in Arunachal Pradesh.

Support for KCC-Holding Farmers

The scheme specifically supports farmers with valid Kisan Credit Cards who cultivate short-term crops.

Annual Coverage Target

It aims to benefit around 7,500 farmers in the state each year, promoting wide participation.

Reimbursement Managed by NABARD

NABARD acts as the channel partner, ensuring banks are reimbursed promptly for the subvention amount.

Encourages Formal Credit Use

The scheme motivates farmers to depend on formal banking systems instead of private moneylenders.

Boosts Agricultural Productivity

Affordable credit allows farmers to invest in better seeds, fertilisers, and equipment to improve yields.

Strengthens Rural Economy

By improving farmers’ financial stability, the scheme contributes to overall rural growth and economic activity.

Knowing the key eligibility rules helps you understand whether you can qualify for the Chief Minister’s Krishi Rinn Yojana and make the most of its zero-interest benefit:

• Farmers in Arunachal Pradesh growing short-term seasonal crops are the primary beneficiaries

• A valid Kisan Credit Card (KCC) or an approved crop loan from a recognised bank is required

• Both small and large farmers are eligible for support

• Loans or KCC limits up to ₹3 Lakhs are available for affordable credit

• A strong repayment record is necessary, with short-term loans to be repaid within a year

• Eligible farmers can approach authorised institutions like commercial banks, APRB, or APSCAB

• Applicants must meet the bank’s documentation and verification requirements for approval

Understanding which activities are not covered helps you avoid confusion and check your eligibility before applying for the Chief Minister’s Krishi Rinn Yojana:

• The scheme does not cover the cultivation of perennial food crops or long-term plantation crops such as tea, coffee, or rubber

• Farmers involved in producing these excluded crops cannot receive the zero-interest benefit offered under this scheme

• Individuals who are not directly engaged in active farming or agricultural work are not eligible for financial support

• Loans taken for non-agricultural purposes, such as business or personal use, fall outside the scope of this scheme

Following the right steps helps you complete your application smoothly and ensures quick approval of your loan under the Chief Minister’s Krishi Rinn Yojana:

1. Visit the Relevant Office for a Landholding Certificate

Go to the Circle Officer (CO), Extra Assistant Commissioner (EAC), Block Development Officer (BDO), Sub-Divisional Officer (SDO), or Deputy Commissioner (DC) office to obtain a valid Landholding Certificate.

2. Get the Certificate Verified by the Circle Officer

Ensure the certificate is verified by the Circle Officer to confirm land ownership and cultivation details.

3. Approach a Recognised Bank for Crop Loans

Visit any recognised bank in Arunachal Pradesh that offers crop loans under this scheme.

4. Collect and Complete the Loan Application Form

Obtain the loan application form from the bank and fill it with accurate and complete details.

5. Attach Required Documents

Attach necessary documents such as the Landholding Certificate, Aadhaar Card, and bank account details to your application.

6. Submit the Completed Application for Verification

Submit your completed form and documents to the bank for verification.

7. Bank Verification and Loan Processing

The bank will assess your eligibility, verify your details, and process your loan request.

8. Loan Approval and Disbursement

Once approved, the sanctioned loan amount will be credited directly to your Aadhaar-linked bank account.

The Chief Minister’s Krishi Rinn Yojana stands as a vital step towards empowering farmers in Arunachal Pradesh by offering affordable credit and rewarding timely repayments with a zero-interest benefit. By promoting formal lending and reducing dependence on informal credit, it helps farmers invest confidently in their crops and livelihoods. For those seeking additional financial support, you can visit the Bajaj Markets website to compare lenders offering business loans at competitive interest rates. Choose a loan option that suits your needs and apply online easily to manage your agricultural or business growth with greater financial freedom.