FAFISKC
COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)
6.3/10Farmers in India can receive financial assistance through the COP-34 scheme, which offers a 4% interest subvention on crop loans of up to ₹3,00,000 for those who repay their loans on time. This initiative is designed to enhance agricultural productivity and improve the economic well-being of individual farmers, particularly those who have taken short-term crop loans during the Kharif season, which runs from April 1 to September 30. Eligible farmers must have obtained their loans from recognized institutions such as Primary Agricultural Credit Cooperative Societies, District Central Cooperative Banks, Nationalized Banks, Gramin Banks, or Private Banks. Importantly, the benefit can be claimed only once per financial year, and the application for the interest subvention must be submitted by the lending bank on behalf of the farmer. This scheme aims to support farmers in managing their financial obligations and encourages timely repayment of loans, ultimately contributing to the sustainability of agricultural practices.
States / UT: Gujarat
Nodal department: Agriculture, Farmers Welfare and Cooperation Department
Scheme for: Individual
Scheme profile
DBT (direct benefit transfer): No
Categories: Agriculture,Rural & Environment
Sub-categories: Financial assistance
Target beneficiaries: Individual
Tags: Agriculture, Farmer, Interest Subvention
Details
The scheme "COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to support farmers by offering a 4% interest subvention on crop loans up to ₹3 lakh, provided the loan is repaid on time. This assistance helps farmers reduce their financial burden, improve crop yield, and enhance their income. It also encourages responsible financial practices among farmers.
Benefits
- Name of Component Standard of Assistance Minimum Time Limit (in Year) for Reclaiming Benefits COP-34
- Financial assistance to farmer for Interest Subvention4% interest subvention on timely repayment of crop loan taken by farmers up to ₹3 00 000/-only once in a financial year
Name of Component Standard of Assistance*Minimum Time Limit (in Year) for Reclaiming Benefits**COP-34, Financial assistance to farmer for Interest Subvention4% interest subvention on timely repayment of crop loan taken by farmers up to ₹3,00,000/-only once in a financial year
Eligibility
- The applicant must be a farmer.
- The farmer should have taken a short-term crop loan during the Kharif season (1st April to 30th September) from any of the following:
- Primary Agricultural Credit Cooperative Society
- District Central Cooperative Bank
- Nationalized Bank
- Gramin Bank
- Private Bank
- The farmer should have repaid the loan on time.
How useful is this scheme?
A practical look at this scheme for citizens
AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.
- Accessibility5.0
- Financial impact9.0
- Rural utility6.0
- Awareness4.0
- Simplicity5.0
- Inclusivity6.0
What problem does this scheme solve?
The scheme provides essential financial support to farmers, promoting timely loan repayment and enhancing agricultural productivity.
Key challenges addressed
- Financial burden of crop loans
- Encouragement of timely loan repayment
Most beneficial for
- Individual farmers
- Farmers with short-term crop loans
Likely challenges
- Dependency on banks for application
- Limited awareness among farmers
Practical insights for citizens
Practical for farmers with bank access, but may exclude those without
Rural challenges
- Limited access to banks
- Awareness of the scheme
Implementation bottlenecks
- Bank submission process
Awareness challenges
- Low awareness among farmers
Application analysis
- Application mode
- Offline office
- Documents burden
- Minimal, no specific documents required
- Verification complexity
- Moderate, dependent on bank processes
- Office dependency
- High, requires bank involvement
- DBT dependency
- Low, not a direct benefit transfer
- CSC support
- Limited
- Estimated citizen effort
- Moderate, requires coordination with banks
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- Once per financial year
- Benefit practicality
- Practical for eligible farmers
- Financial meaningfulness
- Moderate, helps reduce loan burden
- Long-term impact
- Positive, encourages responsible financial behavior
Plain-language guidance
Farmers can get financial help to reduce their crop loan interest if they repay on time. This support is available once a year for loans taken during the Kharif season.
- Who should apply
- Farmers with short-term crop loans from eligible banks.
- Who may struggle
- Farmers without bank access or those unaware of the scheme.
- Best application route
- Apply through your bank that issued the crop loan.
This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.
Application Process
Offline
- The bank from which the crop loan has been availed by the farmer has to submit the integrated interest subvention proposal of its area of operation to the Registrar, Co-operative Societies, Gujarat State, Gandhinagar.
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- What is the objective of this scheme?
The scheme provides financial assistance to farmers in the form of a 4% interest subvention on timely repayment of crop loans taken during the Kharif season.
- Who can avail the benefits of this scheme?
Farmers who have taken short-term crop loans during the Kharif season and have repaid them on time through eligible banks can avail the benefits of this scheme.
- What is the maximum loan amount eligible under this scheme?
Under this scheme, crop loans of up to ₹3,00,000/- are eligible for a 4% interest subvention.
- Which banks are considered eligible for availing this scheme?
Loans taken from Primary Agricultural Credit Cooperative Societies, District Central Cooperative Banks, Nationalized Banks, Gramin Banks, and Private Banks are eligible under this scheme.
- Can a farmer apply for the scheme directly?
No, the farmer cannot apply directly. The bank through which the crop loan was taken submits the interest subvention proposal on behalf of the farmer.
- How often can a farmer receive the benefit of this scheme?
A farmer can avail the benefit of the scheme only once in a financial year.
- Is the scheme applicable for loans taken during the Rabi season?
No, the scheme is only applicable for short-term crop loans taken during the Kharif season, i.e., from 1st April to 30th September.
- What type of loan is covered under this scheme?
The scheme covers short-term crop loans taken for agricultural purposes.
- Is the subvention given as a direct benefit transfer to the farmer’s account?
The interest subvention is generally adjusted or credited as per the process managed by the lending bank, based on government guidelines.
- Where can a farmer get more information about this scheme?
A farmer can contact their respective bank or reach out to the Registrar, Co-operative Societies, Gujarat State, for more details about the scheme.
Official links
References
- Guidelines
- https://agri.gujarat.gov.in/Home/SchemesDetailsPage?Id=TcbRZ0q1rHWZZhnQq2CmQw==&domain=v4lc2tu73R/9lWYKO76SRg==
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Frequently asked questions
- What is the purpose of COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) is a government welfare initiative designed to support Individual, Individual through benefits related to Agriculture,Rural & Environment, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
- Who can apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Eligibility for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
- What benefits are offered under COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Benefits under COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
- Which department manages COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) is managed by Agriculture, Farmers Welfare and Cooperation Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
- Can users apply online for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Yes, eligible applicants may be able to apply online for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
- Where can users apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Applications for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
- What documents may be required for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
- Is income certificate required for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.).
- Is COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) available in all states?
- No, COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) is primarily available for eligible residents of Gujarat and may be implemented through state government departments and local administrative offices.
- Can residents outside Gujarat apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Eligibility for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) is generally limited to residents of Gujarat unless otherwise specified in the official scheme guidelines.
- Can small and marginal farmers apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Eligible small and marginal farmers may apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) subject to land ownership records, income eligibility, and agricultural beneficiary criteria.
- Does COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) provide subsidy support for farmers?
- COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) may provide agricultural subsidies, financial assistance, crop support, irrigation benefits, insurance coverage, or farming-related welfare assistance depending on the scheme structure.
- Can CSC centres help users apply for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
- How can users check the latest updates for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Can beneficiaries track application status for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.)?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) in Gujarat?
- Users in Gujarat may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
- Which nearby public services may help with COP-34 Financial Assistance to Farmer for Interest Subvention (Kishan Credit Card Interest Asst.) applications?
- Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.