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Home News Finance

SBI links its YONO Krishi app with IFFCO e-Bazar; collaboration between both the ventures

A step by SBI to digitally empower farmers and make them future-ready

Admin by Admin
November 9, 2020
in Finance, National, News
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TAD News Desk, New Delhi: SBI, the largest lender Bank of India, has facilitated the integration of YONO Krishi and IFFCO e-Bazaar under its mandi section, to digitally empower farmers and make them future-ready.

This integration enables farmer customers of SBI, to order farm related products from IFFCO e-Bazaar and would be able to avail free home delivery in 27,000 plus pin codes throughout the country.

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There is no minimum value ascribed for the order through the e-Bazaar portal, and they can seamlessly order – seeds, Agri-machinery, fertilizers, pesticides, organic products and various other farm related products.

Estimates are that this integration would help over 3 crores of YONO customers.

IFFCO bazaar e-portal sells farming products in large quantities to B2C market. IFFCO bazaar is a subsidiary of IFFCO limited. IFFCO e-bazaar portal is available on app stores and website, operating in 12 languages.

“With the integration of IFFCO Bazaar on YONO Krishi, customers will now be able to purchase the high-quality farm inputs and agri machinery online. This is another step towards fulfilling the vision of the government 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,” said C.S. Setty, M.D (Retail and Digital banking), SBI.

YONO Krishi platform caters to all farming needs from the sowing of seeds to the harvesting of crops, since its inception.

Customers gain convenient engagement and advanced farming experience from the ten vernacular languages that the YONO platform is available in, apart from Hindi and English.

 

Source – Agriculture Times

 

Tags: IFFCO e-bazaar collaborationSBI Yono
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