Anna University, Union Bank tie up to provide drone loans to farmers

Kisan drones help farmers carry out spraying of nutrients and crop protection chemicals in a safe and efficient manner. 

Dhaksha promotes agriculture drones and its agrigator drone (DH-AG-H1) is the only certified petrol engine-based hybrid drone, which does not require frequent charging of batteries. Priced between INR 10 lakh and INR 12 lakh, these drones provide a world-class UAV solution, said director and CEO Ramanathan Narayanan. 

Union Bank to provide drone loans through 8,500 branches across India 

The agreement will not only augment the adoption of drone facilities by farmers in India, but it will also aid them in availing of financial facilities, said Dhaskha officials. “Dhaksha’s dealer network will mediate the transactions and the Union Bank will provide drone loans through its 8,500 branches across the country. 

The Ministry of Agriculture and Fertiliser is supporting drone ecosystem to raise awareness,” they said. Agripreneurs/farmers can also avail of the interest subvention provided under AIF scheme/subsidy schemes, said B Sreenivasa Rao, general manager-agri business vertical. Kisan drones help farmers carry out spraying of nutrients and crop protection chemicals in a safe and efficient manner. 

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