Axis Bank, has joined Bayer’s Better Life Farming initiative in India to provide enhanced and holistic financial solutions to smallholder farmers and rural farming communities.
Through the partnership, Axis Bank will offer a wide range of end-to-end financial solutions and services like affordably priced loans, deposits, withdrawals, payments etc.
Digital financial solutions and doorstep delivery of these services will be an integral part of the Bank’s offering to ensure convenient and hassle-free transactions.
These solutions will be offered through Bayer’s Better Life Farming centres which are owned and operated either by a Farmer Producer Organization (FPO), Federation, agri-graduate or a local farmer/entrepreneur, according to a press release.
Better Life Farming (BLF) is a global, multi-stakeholder alliance, which works with partners across the agri-value chain to support smallholder farmers in developing economies to increase crop yields and farm incomes.
BLF has set up small centers across villages to offer farming advisory to the communities.