The Mangalore-based Corporation Bank, which entered its centenary year on March 12, has launched the Corp Kisan Card. | |
| It is a debit card facility to help farmers draw money from their Kisan Credit Card accounts through the bank's ATM network. |
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| Corp Kisan Card is the first in the series of the bank's centenary initiatives planned by the bank. It was launched in Kolar district. |
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| Using the card, farmers can have access to their loan account anytime. The farmers can draw cash from their savings bank account apart from the running loan account using the same card. |
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| The card can also be used to pay for the purchases made by the farmers. The initiative can help the farmers switch to e-payment mode over time. The card also facilitates a personal accident insurance of Rs 1 lakh. |
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