HDFC Bank launches ‘Shaurya KGC Card’ for the armed forces before Independence Day, know what are its features. HDFC Bank, the country’s largest private sector bank, has launched a special card for the armed forces before Independence Day.
The release issued by the bank said that “Shaurya KGC Card” comes with unique features. The bank claims that it is the first of its kind card launched for the armed forces. According to the bank, this card comes with special features for over 4.5 million armed forces of India.
Let’s know what are the main features of this card:
This product is based on the government’s Kisan Credit Card guidelines.
Life cover of Rs 10 lakh is available on this card.
The process for this card has been kept very easy and the card applicant does not need to be present in person.
Armed forces personnel will be able to use Shaurya KGC card to avail finance facility for agricultural work needs. Apart from this, they will be able to use the finance received through this card for the development of agricultural equipment, irrigation equipment and storage structures.
The bank has said that this loan facility has been designed keeping in mind the financial needs of the armed forces.
The loan can be obtained through this card in this way:
A day before Independence Day, the bank’s managing director Aditya Puri launched the card digitally. On this occasion, Puri said, “It is a great honor for the armed forces and their families to launch this product.
I come from a family with an Air Force background and I have seen their sacrifice and their problems closely … We have been able to do something for them, after that it seems that my career is now complete.
With this, we have launched equally good products for the farmers as well as the armed forces. This is the Independence Day gift given to us by those who protect us. Jai Jawan, Jai Kisan, Jai Hind. ”
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