The banking concern of India (SBI), our country’s largest lender launched a replacement feature called Kisan Credit Card Review or KCC Review option on YONO Krishi. By using this extra feature, the farmers will not travel the gap for going to the bank branch to use for a revision in their credit limit.
The banking concern of India (SBI) said that the Kisan Credit Card (KCC) Review option on YONO Krishi will help the farmers, who apply for the identical in precisely with three or four clicks from the comfort Zone of their homes with none paperwork or travel cost.
YONO Krishi in an internet agricultural platform where the farmers create an ecosystem for them, and that they should purchase products, know the weather and soil information, open accounts, and apply for loans through this application. The depository financial institution of India (SBI) expects that the new feature Kisan Credit Card (KCC) Review on YONO Krishi will benefit quite 75 lakh farmers having KCC accounts them.
The Bank adds the feature of paperless KCC review, which is able to not only help the farmers to avoid wasting costs and energy involved in applying for revision of the KCC limit but also make the method faster for them especially during the harvesting season.
The Chairman of bank of India (SBI) Mr. Rajnish Kumar mentioned that the introduction of YONO Kisan Credit Card Review on YONO Krishi could be a new initiative of SBI to create their farmer customers, future-ready by offering them constant digital innovations on their agricultural needs and this new feature has been added keeping in minds of the million valuable farmer customers’ for his or her convenience and safety.
The bank considers that the farmers will get an experience with a hassle-free application process for his or her KCC limit revision. YONO Krishi is a multi-lingual platform which gives other services like YONO Khata, YONO Bachat, YONO Mitra, and YONO Mandi to their farmer customers. The unique offerings from these platforms facilitate the farmers with their agricultural loan products, can create a web marketplace to shop for and rent agricultural inputs and equipment, customized farming advisory, investment, and crop insurance products, instant agricultural gold loan, upgrade to scientific farming practices, etc.