Axis Bank has launched its ‘Kisan Card’ to facilitate easy agriculture lending to farmers through ATMs.
The electronic Kisan Card on the RuPay platform, will be offered to farmers or agrarian customers of the bank on their crop loan accounts. The offer will provide the convenience of visiting any ATM for cash withdrawals instead of visiting the branch.
The card provides 24x7 disbursement facility for farmers, allowing them to use their loan limit by withdrawing cash up to ₹1 lakh per day as and when required, the bank said in a statement.