Indian Bank launched digital renewal scheme for KCC holders

Indian Bank launched digital renewal scheme for KCC holdersIndian Bank has launched its KCC Digital Renewal scheme that aims to enable eligible customers to renew their Kisan Credit Card accounts via digital modes. 

  • KCC Digital Renewal scheme is part of the bank’s digital transformation under project ‘WAVE’ – World of Advanced Virtual Experience.
  • customers can renew accounts using Indian Bank’s IndOASIS mobile app and internet banking.
  • Out of the total agriculture portfolio of Rs 88,100 crores, KCC constitutes Rs 22,300 crores with 15.84 lakh customers.
  • Indian Bank is expecting the digital initiative to come in handy for customers and will help in enhancing the threshold limit to cover more KCC account holders.
  • Indian Bank also launched its first end-to-end digital product – A pre-Approved Personal Loan in April 2022.

About Indian Bank

  • Founded: 15 August 1907;
  • Indian Bank Tagline: Taking Banking Technology To The Common Man.
  • Headquarters of Indian Bank: Chennai;
  • Indian Bank CEO: Shri Shanti Lal Jain;

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