SBI further empowers farmers by

SBI further empowers farmers by integrating on YONO Krishi with first Government Online Seed Portal developed by ICAR IIHR

·         YONO Krishi, offering under YONO, integrates with ICAR IIHR seed portal

·         Customers can purchase high quality and high yielding seeds through this portal and get it delivered to their doorsteps

·         This integration will enable ICAR IIHR to reach out to 2.7 Crore customers registered on YONO

·         Due to transparency the entire amount of government schemes is reaching directly to the beneficiaries – Shri Tomar

YONO Krishi platform, as part of YONO offering of SBI, caters to all the farmers’ agricultural needs, from sowing to harvesting. It is available in 10 vernacular languages, besides Hindi and English. It is yet another initiative from SBI to make our farmer customers future ready by offering them constant digital innovations pertaining to their agricultural needs.

Indian Council of Agriculture Research (ICAR) has been bringing new innovations in agriculture through research and development since last 91 years.

Indian Institute of Horticulture Research (IIHR) team has bought out a digital portal for farmers to purchase seeds of high yielding and disease resistant varieties. Now farmers across the country can shop for IIHR variety of seeds suitable for different climatic zones and geographical areas.

ICAR - IIHR integration with YONO Krishi will empower farmer customers to purchase the high yield, high quality seeds being sold by the research institute. The integration was launched by Shri Narendra Singh Tomar, Hon. Minister for Agriculture, Cooperation & Farmer’s Welfare, in the presence of Shri Rajnish Kumar, Chairman, State Bank of India on 26.08.2020.

Shri Narendra Singh Tomar, Hon. Minister for Agriculture, Cooperation & Farmer’s Welfare said “Wherever technology has been used, it has helped the rural areas significantly, in which Banks have made significant contribution over the years. State Bank of India, being the largest Bank, has played a pivotal role all along. Due to transparency the entire amount of government schemes is reaching directly to the beneficiaries. Bank has contributed in implementation of Government initiatives like PM-Kisan, Prime Minister Jan Dhan Yojana, transparent payments to the identified beneficiaries of government subsidies. With this integration of ICAR-IIHR with YONO Krishi, farmers will be able to purchase seeds certified by the research institute.”

Shri Rajnish Kumar, Chairman, SBI said, “With the integration of ICAR-IIHR on YONO Krishi, customers will now be able to purchase the high-quality seeds online. This is another step towards fulfilling the dream of Shri Narendra Modi, Hon. Prime Minister, of doubling the farmer’s income by 2022. With a Digital-First approach, it is part of our continuous endeavor to provide innovative digital banking solutions to all our customers across the country.”

YONO itself has grown by leaps and bounds over the last two and half years since its launch. It has seen more than 56 million downloads with over 27 million registered users. YONO has partnered with over 80 e-commerce players in more than 20 categories. The Bank’s flagship banking and lifestyle platform – YONO is also tasting success in international markets such as UK and Mauritius.

SBI further empowers farmers with

SBI further empowers farmers with YONO Krishi; introduces
Kisan Credit Card (KCC) Review on the platform

 ·         Bank introduces KCC Review feature on the YONO Krishi platform which has been witnessing great response from farmers

·          YONO KCC Review to enable farmers access their KCC limit on YONO in just four clicks

·         YONO KCC Review to benefit more than 75 lakh farmers

·         YONO KCC review will empower farmers to embrace digital technology and make them future-ready

·         YONO Krishi platform offers a one-stop solution to all farmers’ agricultural needs

Country’s largest lender State Bank of India (SBI) continues to empower its farmer customers by offering them technology backed agricultural solutions with YONO Krishi. The recently launched platform that caters to all the requirements of farmers – from sowing to harvesting and then selling – has been receiving significant traction from the farmers. In the current unprecedented times due to the COVID-19 pandemic, SBI is set to make lives easier for its farmer customers by introducing the KCC Review option on YONO Krishi. With this added feature, farmers will no longer need to travel the distance to visit the bank branch to apply for a revision in their KCC limit. KCC Review option on YONO Krishi will help farmers apply for the same in just 4 clicks from the comfort of their homes without any paperwork.

Recognizing the fact that not all farmers may have access to smartphones, SBI has also streamlined the KCC review process at its branches. KCC Review on YONO Krishi is expected to benefit more than 75 lakh farmers having KCC accounts with SBI. The feature of paperless KCC review will not only help farmers save costs and effort involved in applying for revision of the KCC limit, but also make the process quicker for them especially during the harvesting season.

Rajnish Kumar, Chairman, SBI said, “Introduction of YONO KCC Review on YONO Krishi is SBI’s yet another initiative to make our farmer customers, future-ready by offering them constant digital innovations pertaining to their agricultural needs. This new feature has been added keeping in mind millions of our valuable farmer customers’ convenience and safety. We believe that they will now be experiencing hassle-free application process for their KCC limit revision. With a Digital-First approach, it is SBI’s continuous endeavor to provide innovative digital banking solutions to all our diverse set of customers across the country.”

Apart from KCC Review, the multi-lingual YONO Krishi platform - which is bringing-in technology to farmers in more than 10 vernacular languages - is offering services such as YONO Khata, YONO Bachat, YONO Mitra and YONO Mandi to its farmer customers. These unique offerings facilitate farmers with Agri loan products, an online marketplace to buy and rent agricultural inputs and equipment, customized farming advisory, investment, and crop insurance products, instant agri gold loan, upgrade to scientific farming practices, and much more. With YONO Krishi, SBI has opened the doors of digital agriculture to farmers. In just one year of its launch, YONO Krishi has disbursed more than 14 lakh Agri Gold loans and has seen more than 15 lakh clicks on YONO Mandi and YONO Mitra

YONO itself has grown by leaps and bounds over the last two and a half years since its launch. It has seen more than 58 million downloads with over 26 million registered users. YONO has partnered with over 80 e-commerce players in more than 20 categories. The bank’s flagship banking and lifestyle platform – YONO is also tasting success in international markets such as the UK and Mauritius.