‘Shaurya Kisan Gold Credit (KGC) Card’

Published on August 15, 2020
Current Context: HDFC Bank has launched ‘Shaurya Kisan Gold Credit (KGC) Card’.
‘Shaurya Kisan Gold Credit (KGC) Card’
  • It is the tri-colour theme-based card which is launched for Indian Armed Forces i.e. Indian Army, Indian Navy, Indian Air Force and Para Military Forces and to their families.
  • The card will prove beneficial to 45 lakh users in the country.
  • The card is launched under the HDFC initiative of ‘Har Gaon Hamara’.
  • The ‘Shaurya Kisan Gold Credit (KGC) Card’ will provide finance to agricultural produce, maintenance of farms and crops, consumption needs, purchasing agricultural machinery, irrigation equipments etc.
  • The card is having life cover of Rs 10 lakh as against Rs 2 lakh for an average card. The card can be issued without any physical presence of the user with a simple and easy online documentation process.
  • Static Part: 
    • HQ of HDFC Bank: Mumbai
    • Chairman of HDFC Bank: Deepak S Parekh
    • Tagline of HDFC Bank: We understand your world

Question: 

Q.1 Which bank launched ‘Shaurya Kisan Gold Credit (KGC) Card’?
a. HDFC Bank
b. Axis Bank
c. ICICI Bank
d. Federal Bank

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