Rajasthan Interest Free Farm Loan Scheme 2026: Apply Online, ₹25,000 Crore Crop Loan Details

Rajasthan government's Interest Free Farm Loan Scheme (ब्याज मुक्त फसली ऋण वितरण योजना) gives short-term crop loans at 0% interest to farmers through cooperative banks. The scheme is open for the kharif season and farmers can apply through their district central cooperative bank or village service cooperative society.

Under this scheme, farmers get crop loans up to ₹1.5 lakh without paying any interest. The central government bears 3% of the interest and the state government pays the remaining 4%, so the loan reaches the farmer at zero cost.

Rajasthan Interest Free Farm Loan Scheme in Budget 2026-2027

Deputy Chief Minister and Finance Minister Diya Kumari presented the Rajasthan Budget 2026-2027 in the state assembly on 11 February 2026. The budget proposes ₹25,000 crore of interest-free short-term crop loans for more than 35 lakh farmers in the financial year 2026-2027. An amount of ₹800 crore has been kept as interest subsidy for these loans.

The scheme was started in 2012-13 and has been expanded in every budget since then. In 2022-23, cooperative banks distributed ₹20,000 crore of short-term crop loans, and the 2023-24 budget presented by former Chief Minister Ashok Gehlot raised the target to ₹22,000 crore. The Budget 2026-2027 takes this further with a ₹25,000 crore target for more than 35 lakh farmers.

For the kharif season 2026, cooperative banks across the state have received loan distribution targets. Around 27 lakh farmers are expected to get interest-free loans this season. For example, Sikar District Central Cooperative Bank has a target of ₹791 crore, which will help about 1.5 lakh member farmers in the district.

How to Apply for Rajasthan Interest Free Farm Loan Scheme

Farmers do not need a separate online application for this scheme. The loan is given through the cooperative network, and the process starts at the village level.

STEP 1 - Visit the nearest village service cooperative society or the district central cooperative bank branch in your area.

STEP 2 - Ask for the interest-free crop loan application form and fill in details like land holding, crop to be sown and Kisan Credit Card number.

STEP 3 - Attach the required documents such as Jan Aadhaar card, land records and bank passbook with the form.

STEP 4 - Submit the form to the society. The society checks the farmer's old loan record and sanctions the loan if everything is clear.

Farmers can also check the Raj Kisan Sathi Portal and the agriculture department website for scheme updates. The central Kisan Rin Portal handles Kisan Credit Card and interest subvention claims.

Eligibility for Zero Interest Crop Loan

Farmers who meet the following conditions can get the zero interest crop loan under this scheme.

• Farmer must be a resident of Rajasthan and should be a member of a cooperative society or a district central cooperative bank.
• Farmer should have a Kisan Credit Card or should be ready to open one.
• Old crop loan records should be clear. Farmers who have not repaid earlier loans are not given a new loan.
• Land records in the farmer's name or tenancy proof is required.

Documents Required

Keep these documents ready before applying for the interest-free crop loan.

• Jan Aadhaar card
• Land records (jamabandi or khatauni)
• Bank passbook
• Kisan Credit Card details
• Passport size photo

Interest Subsidy and Loan Amount

The maximum limit for the interest-free crop loan is ₹1.5 lakh per farmer. The central government pays 3% interest subsidy and the state government pays 4%, so the farmer does not pay any interest. The Budget 2026-2027 also proposes a 5% interest subsidy on long-term cooperative loans of ₹590 crore for agriculture and non-agriculture activities, which is expected to help around 26,000 farmers and small entrepreneurs.

FAQ's

Who can apply for Rajasthan Interest Free Farm Loan Scheme?

Farmers who are residents of Rajasthan, hold land records and are members of a cooperative society or district central cooperative bank can apply. Old loan records should be clear.

What is the maximum loan amount under this scheme?

Farmers can get interest-free crop loans up to ₹1.5 lakh. The total target for 2026-2027 is ₹25,000 crore for more than 35 lakh farmers.

Do farmers have to pay any interest on the crop loan?

No. The central government bears 3% interest and the state government bears 4% interest, so the loan is available at 0% interest to farmers.

How to apply for the interest-free crop loan?

Farmers can apply through their village service cooperative society or district central cooperative bank. Fill the loan form, attach the required documents and submit it to the society.

Are farmers with pending loans eligible?

No. Farmers who have not repaid their earlier crop loans are not given a new loan under the scheme.

For the latest updates, farmers can check the Rajasthan agriculture department website and the State Budget 2026-2027 page on the finance department website. The complete Budget Speech 2026-2027 PDF can also be downloaded from there.