mumbai union bank of india has completed an endtoend digitisation of its kisan credit card as part of its digital transformation project sambhav the product will make the kcc lending process more efficient and farmer friendlythe kcc digitsation project is a fintech initiative of the bank in collaboration with reserve bank innovation hub rbih under the aegis of the central bank the project is aimed at aimed at overcoming the challenges faced by farmers like inperson visit to a bank branch submission of land ownership and other documents and high turnaround time in getting the kcclaunched by a manimekhalai md ceo union bank of india in harda district of madhya pradesh as pilot project the event was attended by rakesh ranjan chief product manager reserve bank innovation hub rbih and the senior management team of union bank with more than 400 farmers of harda district rishi garg district magistrate of harda district along with his team was present at the launch based on the learnings from the pilot it is planned to expand the digitalization of kcc lending to other districts of madhya pradesh and gradually across the countryaccording to manimekhalai digitisation of kcc would result in a transformation in rural financing she said that digital kcc will enable initiation of journey directly through mobile handset without the need to visit a branch no document submission is required even farmland verification is done online the turnaround time tat reduces as entire sanction disbursement process gets completed in couple of hours she said