KVGB launches ‘Fal’ portal to help farmers avail crop loans. Hubli News – Times of India

Hubballi: Farmers who are finding it difficult to avail crop loans and other facilities can now easily get loans, no need to submit details from banks to sub-registrar office, because Karnataka Vikas Grameena Bank (KVGB), DharwadLaunched the Farmer Registration and Integrated Beneficiary Information System (Fruits) Portal, an e-governance project of the Govt. Karnatakaat his head office on Monday.
This portal contains the land and other details of farmers in the state. Bankers can get the details of farmers applying for agriculture loan or other financial assistance through this portal. KVG is the first bank in India North Karnataka To launch this portal for the benefit of farmers.
Chairman P Gopi Krishna told TOI that this portal is a unique effort by the government to bring all the farmers of the state under one roof.
“All farmers will be registered under this portal, and will be given a FID number. Bankers can use the FID number to access farmers’ land details, as well as their lending, and take quick decisions on lending to them based on their need and requirements, and help farmers get the maximum loan amount. can help. the size of their land. Bankers can also approach farmers who have not taken loans, to help them financially,” he said.
He said that this portal was also launched by Canara Bank As a pilot project a few days ago in Chikkaballapur and Bangalore.
“After being successful there, it has been launched in our bank. There is a possibility to take all the financial institutions on this portal, so that farmers can have a single data source. Another important feature of this portal is the online generation of fee. Due to which the farmer need not go to the sub-registrar office,” he said.
“Bankers can easily find out whether the farmers use the loan availed for growing crops or for any other purpose, and also to the financial institutions, the exact status of the loans taken by the farmers on their land and other facilities like crop insurance. Will know. The subsidy received by the farmers through this portal by using the FID of the farmer concerned,” he said.

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