State Bank of India Launches New Feature on YONO Krishi Platform for Farmers

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State Bank of India (SBI), the country’s largest lender of 14e August 2020 introduced a new feature known as Kisan Credit Card Review on YONO Krishi. With this new feature, farmers will no longer have to go to a bank branch to request a review of their credit card limit. The SBI said that “the KCC exam option on the YONO Krishi would help farmers apply for the same in just four clicks from the comfort of their own homes without any paperwork.”

Since not all farmers may have access to smartphones, the lender said it has also streamlined the Kisan credit card review process at its branches.

It is important to mention that the Kisan Credit Card is a government program that aims to protect farmers from the high interest rates typically charged by lenders / institutions. To apply for a Kisan credit card online, you will need to go to your bank’s official website.

The bank said, “KCC’s review on YONO Krishi is likely to benefit over 75 lakhs of farmers with KCC accounts with State Bank of India. KCC’s paperless review feature will not only help farmers will save the costs and effort required to request the revision of the KCC limit. but will also make the process faster for them, especially during the harvest season. “


Yono SBI

SBI Chairman Rajnish Kumar said, “The introduction of YONO KCC Review on YONO Krishi is another initiative of the State Bank of India to prepare our farmer clients for the future by providing them with constant digital innovations relating to agricultural needs. The new functionality has been added with the convenience and safety of millions of our valued farmer consumers in mind. We believe they will now experience a hassle-free application process for their KCC limit review. “

Besides KCC Review, the multilingual YONO Krishi platform offers services such as YONO Bachat, YONO Khata, YONO Mitra & YONO Mandi to its farmer clients.

The bank said these unique offers make it easier for farmers with farm loan products, an online marketplace to buy and rent farm inputs and equipment, investment and crop insurance products, personalized farm advice, a instant farm gold loan, an upgrade to scientific farming practices, and more. With YONO Krishi, the lender opened the doors of digital agriculture to farmers. In just 1 year after its launch, YONO Krishi has disbursed over 14 lakhs of Agri Gold loans and recorded more than 15 lakhs of clicks on YONO Mandi and YONO Mitra.

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