<h1>Interest subvention scheme ensures concessional crop-loan rates and an additional timely-repayment incentive for eligible farmers.</h1> Continuation of the interest subvention provides short-term crop loans at 7 percent per annum for eligible loans across PSBs, private banks within branch service areas, Cooperative Banks, RRBs and through NABARD refinance; an additional 3 percent subvention is available for timely repayment, and identical subvention terms are temporarily extended to Kisan Credit Card advances against Negotiable Warehouse Receipts for small and marginal farmers.