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Bank of Maharashtra Kisan Credit Card

A five-year renewable cash-credit limit for crop cultivation, post-harvest and household needs, farm-equipment maintenance and allied-agriculture working capital, with 7% fixed interest on eligible limits up to ₹3 lakh for one year under the published subvention rule.

Interest rateUp to ₹3 lakh: 7% p.a. fixed for up to one year under the Government interest-subvention rule. Above ₹3 lakh to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.Maximum amountNo single rupee cap is published; the limit follows the crop/area formula and rises by 10% for cost escalation in each successive year from year two through year five.Validity and repaymentFive-year validity subject to annual review; Kharif is due next March, Rabi next June and horticultural crops next September.
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Quick eligibility check

Bank of Maharashtra Kisan Credit Card

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No salary floor applies?

Published source: Income / limit basis

2Do you meet this requirement: The first-year limit is crop scale of finance × cultivated area, plus 10% for post-harvest/household needs and 20% for farm-asset repairs?

Published source: Income / limit basis

3Are you this type of customer: Available to owner farmers, tenant farmers, sharecroppers, oral lessees and qualifying farmer SHGs/JLGs?

4Does your annual income meet this requirement: The limit is acreage- and crop-scale-based rather than salary-based?

5Document checkDo you have this required document or proof: Loan application Form 138 and Enclosure B2?

Published source: Income / limit basis

6Document checkDo you have this required document or proof: 7/12, 8A and 6D land extracts and boundary record?

Published source: Income / limit basis

7Document checkDo you have this required document or proof: No-dues certificates from surrounding financial institutions including PACS?

Published source: Income / limit basis

8Document checkDo you have this required document or proof: Panel-advocate legal search above ₹1.60 lakh where land is mortgaged?

Published source: Income / limit basis
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeRenewable cash-credit facility for crop and allied-agriculture working capital.View source
The scheme table classifies MKCC as cash credit and lists five working-capital purposes.
Source
Mahabank Kisan Credit Card
Page / section
Type of Facility; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateUp to ₹3 lakh: 7% p.a. fixed for up to one year under the Government interest-subvention rule. Above ₹3 lakh to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.View source
The product publishes 7% and exact one-year +BSS+spread formulas; the current one-year is 9.00%.
Source
Mahabank Kisan Credit Card and current notice
Page / section
Rate of Interest; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkAbove ₹3 lakh: one-year MCLR 9.00% + BSS 0.50% + 2.00% up to ₹10 lakh, or +3.00% above ₹10 lakh.View source
The current notice publishes one-year at 9.00%; the product page publishes the BSS and spreads.
Source
with effect from 25.07.2026
Page / section
page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
The official page and current rate/fee schedules publish rates and charges but no fee-inclusive .
Source
Mahabank Kisan Credit Card
Page / section
Complete product table and linked current schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Income / limit basisNo salary floor applies. The first-year limit is crop scale of finance × cultivated area, plus 10% for post-harvest/household needs and 20% for farm-asset repairs.View source
The page gives a crop-and-acreage formula instead of a salary threshold.
Source
Mahabank Kisan Credit Card
Page / section
Limit
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo single rupee cap is published; the limit follows the crop/area formula and rises by 10% for cost escalation in each successive year from year two through year five.View source
The page publishes a formula and annual escalation, not a universal cap.
Source
Mahabank Kisan Credit Card
Page / section
Limit; Validity / Renewal
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Validity and repaymentFive-year validity subject to annual review; Kharif is due next March, Rabi next June and horticultural crops next September.View source
The table states all three seasonal dates and five-year reviewed validity.
Source
Mahabank Kisan Credit Card
Page / section
Repayment; Validity / Renewal
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹3 lakh: nil for small/marginal farmers; 0.35% of sanctioned limit for large/other farmers. Above ₹3 lakh: 0.35% of sanctioned limit.View source
The current tariff gives farmer-category and limit-specific MKCC charges.
Source
Service Charges - Commercial, and Agriculture Credit
Page / section
Processing Fees - MKCC / Crop Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Closure / takeover chargeFor cash credit, 2% of sanctioned limit only when the account is taken over by another financial institution; not applicable to Micro and Small Enterprises.View source
The all-credit table limits the cash-credit charge to takeover cases.
Source
Service Charges - All Credit
Page / section
Closure of Loan / Pre-Payment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Limit covers crop, post-harvest, household, farm-asset maintenance and allied-activity working capital
  • First-year limit includes 10% for post-harvest/household needs and 20% for farm-asset repairs
  • From year two, a further 10% cost-escalation component is added each year
  • Five-year validity subject to annual review
  • Seasonal repayment dates for Kharif, Rabi and horticultural crops

Eligibility

  • Available to owner farmers, tenant farmers, sharecroppers, oral lessees and qualifying farmer /. The limit is acreage- and crop-scale-based rather than salary-based.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Loan application Form 138 and Enclosure B2
  • 7/12, 8A and 6D land extracts and boundary record
  • No-dues certificates from surrounding financial institutions including PACS
  • Panel-advocate legal search above ₹1.60 lakh where land is mortgaged
  • Guarantee Form F-138 where applicable
  • Guarantor land extracts and PACS dues certificate where applicable

Related official documents

Mahabank Kisan Credit Card (MKCC)official-product-page · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗
Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Facility · Published detailCash Credit (MKCC)

This value is copied from Mahabank Kisan Credit Card — complete published scheme table. Check the table notes before relying on it.

Source: Mahabank Kisan Credit Card · Complete scheme table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsMahabank Kisan Credit Card — complete published scheme tableView tableHide table

Scroll sideways to view every column

Mahabank Kisan Credit Card — complete published scheme table
ParticularPublished detail
FacilityCash Credit (MKCC)
PurposeCrop cultivation; post-harvest expenses; farmer-household consumption; farm-equipment maintenance; allied-activity working capital
EligibilityIndividual/joint landholders; tenant farmers; sharecroppers; oral lessees; farmer /
LimitYear 1: crop scale of finance × area +10% post-harvest/household +20% farm-asset repairs; years 2–5 add 10% each year for escalation
MarginNil up to ₹2 lakh; 15%–20% above ₹2 lakh depending on purpose and quantum
RateUp to ₹3 lakh: 7% fixed under one-year subvention; ₹3–10 lakh: 1-year +BSS 0.50%+2%; above ₹10 lakh: 1-year +BSS 0.50%+3%
SecurityUp to ₹2 lakh: crop hypothecation; above ₹2 lakh: crop hypothecation plus third-party guarantee or land mortgage
RepaymentKharif next March; Rabi next June; horticulture next September
ValidityFive years subject to annual review
InsuranceNotified-crop insurance as per Government guidelines
DocumentsForm 138/B2; 7/12, 8A, 6D and boundary records; no-dues including PACS; legal search above ₹1.60 lakh where land mortgaged; guarantee and guarantor records where applicable
Mahabank Kisan Credit Card · Complete scheme table · accessed 31 Aug 2026Open official source ↗
Table 2 · 5 rows · 3 columnsBank of Maharashtra MCLR effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra MCLR effective 25 July 2026
TenorResidual maturity p.a.
Overnight1 day7.30%
One monthMore than 1 day to 1 month8.30%
Three monthsMore than 1 month to 3 months8.55%
Six monthsMore than 3 months to 6 months8.90%
One yearMore than 6 months9.00%
with effect from 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

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