Money Guide for Rajasthan Farmers: Schemes, Loans, Insurance and Savings (2026)

· Figures accurate as of 16 October 2026
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If you farm in Rajasthan, your income often depends on rain, water and animals as much as on the crop. That makes three things matter more than usual: a cheap loan, crop insurance and a little savings put aside. There is real help for all three. The problem is rarely that help doesn't exist. It is that the details sit in many different offices, and middlemen charge money for information that is free.

This guide puts the main central and Rajasthan options in one place, in the order a farm family usually needs them: papers, income support, a loan, insurance, then savings. Every figure comes from a source listed at the end, and we tell you plainly where we could not confirm something. Amounts and dates change, so use this to know what to ask for, and confirm the final details at your cooperative society, bank, agriculture office or Common Service Centre (CSC).

The one-minute checklist

What you need Scheme What you get Where to start
Regular cash support PM-KISAN ₹6,000 a year in three equal instalments Your CSC, or the PM-KISAN app
Cheap loan for seeds, fertiliser, labour Kisan Credit Card (KCC) Loans at 7%, effectively 4% if you repay on time Your bank or cooperative society
Protection if the crop fails PM Fasal Bima Yojana (PMFBY) Insurance for a premium of at most 1.5%–5% Your bank, CSC, or pmfby.gov.in
Life and accident cover PMJJBY and PMSBY ₹2 lakh cover for ₹436 and ₹20 a year Your bank account
Old-age income PM Kisan Maandhan Yojana ₹3,000 a month from age 60 Your CSC
One place to apply for state farm schemes Raj Kisan Saathi portal Apply for and track agriculture, horticulture and animal husbandry schemes rajkisan.rajasthan.gov.in
Safe place for savings Post office schemes, bank FD 4% to 8.2% depending on the scheme Post office or bank

Step 1: Get your papers in order

Almost every scheme pays money straight into your bank account, so a few basics decide whether the money reaches you:

  • An active bank account linked to your Aadhaar, and a mobile number linked to Aadhaar. A name that is spelt differently in the bank and Aadhaar records is one of the most common reasons payments get stuck. Fix it at the bank.
  • Land records, or proof of tenancy if you cultivate someone else's land. Banks and schemes ask for these. Make sure a recent inheritance or purchase is entered in your name.
  • Registration on the Raj Kisan Saathi portal. The Rajasthan government runs this as a single window where farmers can apply for schemes in agriculture, horticulture, animal husbandry and agricultural marketing, and track what they have received. Ask your CSC to help you register. It is free, so do not pay anyone for it.

Step 2: PM-KISAN, the income support

Full details: PM-KISAN scheme page.

Eligible landholding farmer families receive ₹6,000 a year, paid directly into the bank account in three equal instalments of ₹2,000. On 31 July 2026 the Union Cabinet approved continuing the scheme for five more years, from 2026–27 to 2030–31. So far 23 instalments have been paid.

What to do:

  1. Make sure Aadhaar-based verification (e-KYC) and your bank details are complete. This is done on the PM-KISAN app, at a CSC, or through your agriculture office.
  2. Check your status on the official PM-KISAN website using your registration number or mobile number. If a payment is stuck, it is almost always a name mismatch, an unlinked Aadhaar, or missing land details, not bad luck.
  3. We have not listed the next instalment date because none has been officially announced. Be wary of any site that gives you a date with confidence, and of any message promising "extra" instalments or a higher amount.

Step 3: Borrow cheaply with a Kisan Credit Card

Full details: Kisan Credit Card scheme page.

The Kisan Credit Card (KCC) is the cheapest everyday credit most farmers can get. Under the government's interest subsidy scheme, short-term loans through a KCC carry 7% interest, and farmers who repay on time get an extra 3% incentive, bringing the effective rate down to 4%. Loans of up to ₹2 lakh need no collateral (RBI raised this from ₹1.60 lakh on 1 January 2025). KCC also covers working-capital needs for dairy, animal husbandry and fisheries, which matters in a state where many families depend on animals.

You can often take the same kind of short-term crop loan through your village cooperative society as well as through a bank. Before you choose, ask the cooperative society for the written terms: the interest rate, whether any state interest subsidy applies, and the due date. Compare that with the bank's KCC offer and take the cheaper one.

Two honest notes. First, the interest-subsidy scheme is described by the government as covering loans up to ₹3 lakh. The 2025 Budget announced raising this to ₹5 lakh, but the government's own March 2026 statement still describes the ₹3 lakh scheme, so ask your bank which limit applies to you today. Second, a KCC is a revolving credit line, not an EMI loan: you borrow and repay within the limit, up to five years.

Read the full walkthrough, with documents and a worked example, in Kisan Credit Card: how a Bihar farmer gets a loan at 4% interest. The steps at the bank are the same in Rajasthan.

For a tractor, pump or other term loan, work out the monthly instalment first with our loan EMI calculator.

Step 4: Protect the crop and the family

Crop insurance (PMFBY). Under PMFBY a farmer pays at most 2% of the sum insured for kharif and 1.5% for rabi foodgrain and oilseed crops, and 5% for commercial and horticultural crops. The Centre and the state pay the rest. Loanee farmers are enrolled through their bank; others can enrol voluntarily. Tenant farmers and sharecroppers are covered subject to conditions. If your income depends on rain, this is low-cost protection against a bad season. Ask your bank or cooperative society for the enrolment cut-off date for your crop and season, and enrol before it.

Life and accident cover. Two low-cost schemes are linked to a savings account and renew every year:

  • PMJJBY: ₹2 lakh life cover for ₹436 a year, for ages 18 to 50.
  • PMSBY: ₹2 lakh for accidental death or full disability (₹1 lakh for partial disability) for ₹20 a year, for ages 18 to 70.

Both are auto-debited from your account, so keep money in it around the renewal date, or the cover lapses.

Step 5: Save, even if it is small

Small, regular savings protect you from borrowing at high rates after a bad season. A simple way to think about it:

  1. Emergency money you may need any day: keep it in a savings account. The post office savings account pays 4%.
  2. Money for 1 to 5 years (a wedding, a pump, school fees): a post office time deposit pays 6.9% for 1 year up to 7.5% for 5 years, and a 5-year recurring deposit pays 6.7%. Saving ₹500 a month in a 5-year recurring deposit grows to roughly ₹35,700 on ₹30,000 deposited.
  3. Long-term money: PPF pays 7.1% (15-year lock-in), Kisan Vikas Patra 7.5%, and NSC 7.7%.
  4. For a daughter's future: Sukanya Samriddhi pays 8.2%.
  5. For old age: the PM Kisan Maandhan Yojana gives ₹3,000 a month from age 60. You join between 18 and 40 and pay ₹55 to ₹200 a month depending on your age, and the Centre adds an equal amount. It is for small and marginal farmers with up to 2 hectares.

All of these small savings rates were left unchanged for October to December 2026 and are reviewed every quarter, so the next change would apply from January 2027. Bank fixed deposits differ from bank to bank, so compare a few. Whichever bank you choose, deposits are insured by DICGC up to ₹5 lakh per depositor per bank. Anything above that is not covered.

More options, with a full rate table and a simple way to decide where each rupee should go, are in Where should a farmer keep small savings?.

Rajasthan-specific help

  • Raj Kisan Saathi portal. The state's single-window site for farm schemes launched in 2021. According to the State Agriculture Commissioner, more than 12 lakh farmers had used it by early 2024. It also lets you register as a seller of farm produce and submit seed and fertiliser samples online.
  • Interest waiver for colonisation areas. The 2026–27 Budget offers a 100% interest waiver to farmers living in colonisation areas who have outstanding loan dues, if they deposit the outstanding amount between 1 April and 30 September 2026. That window has now closed. If this applies to you, ask your cooperative society or bank whether it has been extended.
  • Dairy. The Budget raises the Rajasthan Cooperative Dairy Infrastructure Development fund from ₹1,000 crore to ₹2,000 crore. If you keep milch animals, ask your dairy cooperative what new facilities are planned near you.
  • Women in self-help groups. The Budget raises the loan limit under the Lakhpati Didi scheme from ₹1 lakh to ₹1.5 lakh.
  • Spending on farming. PRS Legislative Research reports that the state's 2026–27 Budget provides ₹18,212 crore for agriculture and allied activities.
  • Rural bank. On 1 May 2025 Rajasthan Marudhara Gramin Bank and Baroda Rajasthan Kshetriya Gramin Bank merged into one bank, Rajasthan Gramin Bank, sponsored by State Bank of India, so you may see the new name on village branches. If a branch asks for your IFSC, find the right one with our bank IFSC finder.
  • More schemes. See all central government schemes on this site. We will add Rajasthan's own scheme pages once we can confirm each one against an official source.

What we could not confirm

We would rather tell you than guess. At the time of writing we could not find an official order or document for:

  • the 2026–27 terms of interest-free or low-interest crop loans through cooperatives (the limit and who pays the interest);
  • whether Rajasthan pays any top-up on PM-KISAN, and the rules for farm electricity subsidy;
  • the subsidy percentages on solar pumps, farm machinery and fencing in Rajasthan (websites that quote numbers disagree with each other, so ask your agriculture office);
  • whether the ₹5 lakh KCC interest-subsidy limit announced in the 2025 Budget is in effect;
  • the date of the next PM-KISAN instalment.

Ask your cooperative society, block agriculture office or bank for these, and use the official sites above rather than blogs or videos.

Protect yourself from scams

  • No scheme in this guide needs you to pay an "agent" to approve it. PM-KISAN verification and registration on the Raj Kisan Saathi portal are free.
  • Be very careful of anyone who promises to get your loan waived or your subsidy released for a fee. Ask your bank or cooperative society in writing.
  • Ask your bank or cooperative society for its fee schedule in writing before you sign for a loan.
  • Never share your OTP, Aadhaar number or bank PIN with someone who calls claiming to release "scheme money".

This is general information, not financial advice. Schemes, rates and deadlines change, and your own eligibility depends on your land, bank and district. Confirm anything important with your bank or agriculture office before you act on it.

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Figures in this post were checked on 16 October 2026 against:

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