• India's ICICI Bank to dispense loans through rural ATMs

0 Comments

Calcutta Telegraph: ICICI Bank, India's second largest bank, has introduced the Kisan Loan Card for farmers, which will allow them to obtain loans and withdraw cash from ATMs. The card was launched in association with the Tobacco Board and the Union ministry of commerce. More than 6,000 farmers covering four tobacco regions in Andhra Pradesh are expected to benefit from the card. In addition to the cash loan through the card, the farmer can use the card to procure fertilizers, seeds, pesticides, fuel and other supplies. ICICI has installed four low-cost ATMs designed for rural India in Devarapalli, Koyyalagudern and Jangareddygudem. The Asan ATM, designed by NCR, includes integrated power management systems that ensure smooth operations during power failures, among other features.

Read more...

(Read related stories: NCR intros 1st ATM designed exclusively for Indian market, NCR's India-specific ATM receives tech award and Tailor-made ATM)

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Olea Soho Kiosk

http://global.networldalliance.com/new/images/products/4328.png

4328/Olea-Soho-Kiosk

SlideBuy Interactive Shelf Merchandising System

http://global.networldalliance.com/new/images/products/4746.png

4746/SlideBuy-Interactive-Shelf-Merchandising-System

KioWare® Full for Android™ with Server

http://global.networldalliance.com/new/images/products/4950.png

4950/KioWare-Full-for-Android-with-Server

Horizon Hobby FS One Kiosk

http://global.networldalliance.com/new/images/products/horizon_hobby_100x100.jpg

149/Horizon-Hobby-FS-One-Kiosk

KioWare Full with Server – Kiosk Software

http://global.networldalliance.com/new/images/products/4952.png

4952/KioWare-Full-with-Server-Kiosk-Software

Education Kiosks

http://global.networldalliance.com/new/images/products/3790.png

3790/Education-Kiosks

Retail & Vending Kiosks

http://global.networldalliance.com/new/images/products/3789.png

3789/Retail-Vending-Kiosks

CUSTOM's KPM216H II - A4/US letter document size kiosk printer

http://global.networldalliance.com/new/images/products/KPM216HII_100px.jpg

2199/CUSTOM-s-KPM216H-II-A4-US-letter-document-size-kiosk-printer

Directory and Way-finding Solutions

http://global.networldalliance.com/new/images/products/4305.png

4305/Directory-and-Way-finding-Solutions

NCR SelfServ™ Bill Payment

http://global.networldalliance.com/new/images/products/2072.png

2072/NCR-SelfServ-Bill-Payment

Customer Experience Technology Buyer
Self-Service Future Trends 2011
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.