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The Dharwad-headquartered Karnataka Vikas Grameen Bank (KVGB) has set a target to disburse ₹3,700 crore as agricultural credit under KCC (Kisan Credit Card) in FY21, according to P Gopi Krishna, Chairman of the bank.
He said the bank has decided to cover farmers who have not yet been covered under KCC by September 30.
The bank had issued 2,00,653 Kissan Credit Cards and disbursed ₹3299 crore in FY20. He appealed to farmers to contact the nearby branches of KVGB for fresh crop loans under KCC facility and also to renew their existing crop loans with higher limit available under the new scale of finance.
He said the bank has drawn up its own agriculture credit plan to double its exposure to the agriculture sector. One nodal officer has been nominated in each regional office, exclusively for reviewing bank’s progress in farm loan disbursement, he said.
The bank has directed all its 633 branches to approach each house in the villages under their jurisdiction so that no eligible farmer should be left out for simple reasons like not having accounts in its service area villages. The bank has 2,045 villages in its service area.
Gopi Krishna said the bank would take the assistance of farmers’ clubs, NGOs, and Agricultural Department to accomplish this task.
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