Paytm Payment Bank will facilitate farmers to reduce seed, fertilizer expenses in association with startup, read full information

New Delhi. In order to help farmers increase their income, NABARD’s Nabvechors promoted agri startup Unnati (Unnati) has partnered with Paytm Payment Bank. Under this partnership, Startup Unnati has launched the first digitally integrated card associated with its platform. This card, prepared by partnering with Paytm Payment Bank, will allow farmers to reduce the expenses of seeds, fertilizers etc. At the same time, it will enable farmers to get better prices for the sale of agricultural products.

Farmers’ income will increase
This newly launched card will help farmers to increase their net income by reducing the cost of seed fertilizer and having the facility to sell their farm produce at good prices. Apart from this, the card will allow farmers to get real time updates in every aspect, including a pay-out to avail better loan rates conveniently and seamlessly.

250 rupees will have to be given for the cardThe card requires farmers to pay Rs 250 in advance, which is a one-time charge authorized by the RBI.

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These facilities will be available
– This card will help farmers to increase net income by reducing the cost of seed fertilizer and selling their farm produce at good prices.
– Apart from this, the card will allow farmers to get real time updates in every aspect, including a pay-out to avail better loan rates conveniently and seamlessly.
– This card will motivate farmers to increase their habit of saving, help them to take better decisions about advanced farming methods, and to produce better yield in quality and quantity.
– In terms of the benefit that farmers get from this, they will be able to recoup it in the first 2 months of the issue of the card.

Co-founder of Unnati, Ashok Prasad said that the agriculture sector has seen significant growth in the past years, yet farmers are facing day-to-day challenges in many aspects. Advancement is committed to empowering the farmers of the country by taking advantage of state-of-the-art technology and offering them the best services and products in the category that meet their needs.

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We are proud to announce that the advancement is the first agri-tech startup to launch such a product as no other brand has yet launched anything that is so easily integrated into a digital platform , Which also enables transactions. Our newly launched cards aim to enable farmers to take advantage of high-quality products, improve their market access and increase their overall income. We will introduce more such products soon.

Currently present in 4 states, this modern agri-tech platform is planned to increase its operations in all the major states across the country and to extend its services to 1 million farmers by the end of the year.