SBI Cards initiates credit cards for farmers

State Bank of India's subsidiary is planning to launch a credit card for farmers for which it has initiated a pilot launch in three states, an official said on Tuesday.

"SBI Cards and Payment Services has started a pilot launch of credit cards for farmers in Rajasthan, Gujarat and Madhya Pradesh. Applications are coming in. On the basis of the success of this pilot project, it would like to launch it nationally," SBI Chairman Rajnish Kumar said here.

According to him, it would be different from the existing Kisan Credit Card.

--IANS

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