Micro ATMs are being distributed to all the Primary Agriculture Credit Cooperative Societies (PACCS) in the district in a phased manner. The farmers should make use of the facilities, said Kodagu District Cooperative Central Bank president Kodandera P Ganapathi.
He was speaking after distributing micro ATMs in the DCC Bank hall on Tuesday.
The government has directed to implement digitalisation in cooperative banks on the lines of nationalised banks. In this regard, micro ATMs are being distributed to 21 Primary Agriculture Credit Cooperative Societies in the district, he added.
For the benefit of the customers of the bank and cooperative societies, micro ATMs are being given. The micro ATMs are being implemented in association with Nabard. All the branches of DCC Bank will be installed with micro ATMs, he said.
“Farmers find it difficult to reach the DCC Banks, situated far away from villages. Instead, using the micro ATMs at primary credit cooperative societies, they can complete their financial activities,” he said.
The district has 73 Primary Agriculture Credit Cooperative Societies. The micro ATMs are helpful in carrying out financial transactions. The micro ATMs are installed with 90% funds from Nabard and 10% from the DCC Bank, said Kodandera Ganapathi.
The micro ATMs will be installed at Bhagamandala, Karike, Maragodu, Made, Payaswini, Hathoor, Hudikeri, Rudraguppe, Thithimathi, Srimangala, Kanooru, Devanageri, Birunani, Bairambada, Mayamudi, Rameshwara Koodumangaluru, Nanjarayapattana, Chettalli, Handli, Aluru Siddapura and Torenoor societies, he added.
DCC Bank CEO Salim said that measures will be initiated to extend all the facilities from the cooperative banks to the farmers.
RuPay card is being distributed to all the farmers, he added.
Sampaje Payaswini Agriculture Credit Cooperative Society president Anantha said micro ATMs will benefit farmers from rural areas.
DCC Bank vice president Ketolira Harish Poovaiah and others were present.