Krishak Samriddhi Yojana: UP loan applications start 12 October, ₹38 crore for subsidy

Applications under Uttar Pradesh's Mukhyamantri Krishak Samriddhi Yojana start from Monday, 12 October 2026, as reported by Prabhat Khabar and Dainik Jagran. Small and marginal farmers can get a loan of up to ₹6 lakh at 6% yearly interest from UP Sahkari Gram Vikas Bank (LDB).

The state government is also issuing an order to release ₹38 crore to the bank for the interest subsidy on farm loans. LDB used to charge 11% on these loans. The lower rate applies only to farmers who repay every installment on time.

Farmers with up to 2 hectares of farmland can apply online at mksyldb.in or at any of the bank's 323 branches. The government wants to cover 5 lakh farmers in five years. No last date has been announced. Steps, documents and eligibility are in the Mukhyamantri Krishak Samriddhi Yojana apply online guide.