HDFC Bank on September 29 joined hands with Punjab Grains 
Procurement Corporation Ltd (PUNGRAIN) to facilitate payment to its 
commission agents spread over 350 mandis in Punjab.
PUNGRAIN,
 in its initiative has decided to make payment to their commission 
agents through ‘RuPay Debit card’ and has developed the Kisan Arhtia 
(commission agents) information and Remittance Online Network (KAIRON) 
with the help of National Payment Corporation of India (NPCI).
For
 this project, HDFC Bank will install its Point of Sales (POS) machines 
in over 350 mandis to facilitate the payment to commission agents 
dealing in agriculture products.
It said this initiative will facilitate faster payments to them and in turn will benefit farmers.
HDFC
 Bank, in order to facilitate a successful implementation of this 
project, organised a day’s training session for nodal officers along 
with food inspectors of PUNGRAIN.
 
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