Jharkhand Krishi Rin Mafi Yojana (JKRMY)
A one-time waiver of an outstanding crop loan up to ₹2 lakh — the state clears the debt so the farmer can borrow again for the next crop.
Run by: Department of Agriculture, Animal Husbandry & Co-operative, Government of Jharkhand
- Waiver ceiling
- ₹2 lakh (raised from ₹50,000)
- Loan taken by
- 31 March 2020
- Token payment
- ₹1 to enrol
- Launched
- 7 January 2021
- FY2024-25 target
- ~6.63 lakh farmers, ₹4,606.57cr budget
Overview
A defaulted crop loan does more than sit on a balance sheet: it locks the farmer out of fresh credit, so the next season is financed by the moneylender instead of the bank. JKRMY breaks that loop by clearing the outstanding standard crop loan, up to ₹2 lakh, in one go. The ceiling was raised from an earlier ₹50,000.
The eligibility line is a date: the loan must have been taken by 31 March 2020, which fixes the scheme to existing debt rather than new borrowing. Enrolment is completed with a token payment of one rupee — the small step that confirms the beneficiary and closes the account. It applies to one loan account per farmer.
JKRMY was launched on 7 January 2021 with an initial waiver ceiling of ₹50,000. Between FY2020-21 and FY2023-24 it cleared loans for about 4.73 lakh farmers worth ₹1,900.35 crore. In August 2024 the state cabinet raised the ceiling to ₹2 lakh and extended the scheme to those same 4.73 lakh farmers again — for the gap between ₹50,000 and ₹2 lakh — plus roughly 1.9 lakh newly added farmers, a combined target of about 6.63 lakh farmers backed by a ₹4,606.57 crore budget for FY2024-25.
The first tranche under the higher ceiling was disbursed on 26 September 2024, when Chief Minister Hemant Soren cleared ₹400.66 crore of loans for 1,76,977 farmers at a farmer conference in Ranchi, alongside the launch of the Birsa Kisan Integrated Portal for wider agricultural support.
What you get
The benefit as the state notifies it — nothing here is an estimate.
- The outstanding standard crop loan cleared, up to ₹2 lakh, in a single waiver.
- Restores eligibility for fresh crop credit, so the next season is financed by a bank, not a moneylender.
- A ceiling raised from the earlier ₹50,000, covering far more of a typical outstanding balance.
- Enrolment closed with a one-rupee token payment — no large repayment to make.
- Farmers already waived up to ₹50,000 in an earlier round are covered again for the gap up to ₹2 lakh, not left out.
Who is eligible
State schemes usually state their criteria as prose rather than a checklist. This is that prose, unpacked — the department’s verification is what decides.
You qualify if
- Resident of Jharkhand, aged 18 or above
- Holder of a standard crop loan (KCC) from an eligible bank
- Loan taken on or before 31 March 2020
- Ration card and a valid Aadhaar linked to the loan account
Not covered
- Loans taken after 31 March 2020
- More than one loan account per farmer
- Wilful defaulters and accounts classified outside the standard category
Documents you need
Have these ready before you start — most rejections are a missing paper, not a missing right.
- Aadhaar card
- Ration card
- KCC / crop loan account details
- Mobile number linked for the portal
How to apply
Fewer steps than a central scheme, and usually one office rather than a portal.
- 1
Apply on the JKRMY portal
Registration and application both run through jkrmy.jharkhand.gov.in against your crop-loan account number.
- 2
Verification against the bank record
The outstanding amount and the loan date are verified against the bank’s records to confirm the account falls within the scheme.
- 3
Pay ₹1 and the loan is waived
The token payment of one rupee completes enrolment. The eligible outstanding, up to ₹2 lakh, is then cleared.
If something goes wrong
Missing from the list, or payment stuck — here is the channel the department itself publishes for it.
- JKRMY has its own online Grievance Cell on the scheme portal (jkrmy.jharkhand.gov.in) for issues like a loan account not showing up, an incorrect outstanding amount, or a verification delay.
- If it stays unresolved, escalate to CM Jansamvad — Jharkhand's general public-grievance cell — on the toll-free helpline 181 (24x7, alternate number 0651-2282201), through cmjansamvad.jharkhand.gov.in, or by email to cm-jansamvad@jharkhandmail.gov.in.
Frequently asked questions
My loan is from 2022. Is it covered?
No. The scheme covers standard crop loans taken on or before 31 March 2020. A loan taken after that date is outside it.
Why is there a one-rupee payment?
It is a token that confirms the beneficiary and formally closes the loan account. It is not a repayment of the loan.
I have two loan accounts. Are both waived?
No. The waiver applies to one crop-loan account per farmer, within the ₹2 lakh ceiling.
I already got my ₹50,000 waived in an earlier round. Do I get anything more now?
Yes. When the ceiling was raised to ₹2 lakh in August 2024, the same farmers who had earlier been waived up to ₹50,000 were brought back in for the difference — up to ₹2 lakh total — rather than being treated as already settled.
How many farmers has JKRMY actually helped so far?
About 4.73 lakh farmers were waived a combined ₹1,900.35 crore at the ₹50,000 ceiling between FY2020-21 and FY2023-24. Under the ₹2 lakh ceiling, the first tranche on 26 September 2024 cleared ₹400.66 crore for 1,76,977 farmers, against an FY2024-25 target of about 6.63 lakh farmers.
What is the Birsa Kisan Integrated Portal mentioned alongside this scheme?
It is a separate, broader agricultural-services portal that Chief Minister Hemant Soren launched on the same day as the September 2024 waiver disbursal — it is not part of the loan-waiver application process itself.
Facts checked against jkrmy.jharkhand.gov.in on 20 October 2026. editorial policy.