Agriculture being the backbone of the Indian Economy, Bank of Baroda is contributing significantly in accelerating the pace of rural development by providing finance to farmer. Bank also finance for ameliorating the conditions of scheduled caste and scheduled tribes.
Eligibility and purpose
Persons who have been allotted land by State government, can be financed for purchase of farm implements, tools, pairs of bullocks, creation of irrigation facilities by way of digging of well, installation of pum pset etc.
Finance can also be extended to those, who may not be allotted land, for carrying subsidiary occupation like milch animal, poultry, sheep, goats, pig rearing, bee-keeping, sericulture, fishery.
Nature Of Facility
Term loan as well as working capital as per requirement .
Repayment Schedule
12 month for cash credit and monthly/qtly/half yearly and annual installments for term loan maximum 7 years.
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> Baroda Kisan Credit Card (BKCC)
> Agricultural Implements
> Tractors and Heavy Agricultural Machinery
> Financing Second Hand Tractors
> Cultivation of Crops
> Farm Produce Marketing Loan
> Irrigation Potential
> Dealers of Agriculture Inputs
> Financing Agencies Providing Custom Services To Farmers
> Providing Employment To Unemployed Technical Personnel Through Agro Service Centers
> Agriclinics and Agribusiness Centers by Agriculture Graduates
> Financing Construction of Farm Building and Structures
> Construction / Expansion / Modernisation / Renovation of rural godown
> Development of Horticulture
> Land Development
> Scheme for Loan Against Gold Ornaments / Jewellery
> Dairy, Poultry, etc.
> Financing Scheduled Caste/Scheduled Tribes
> Scheme for purchase of Agricultural land
> Scheme For Construction Of Sanitation Facilities In Rural Areas
