Agriculture being the back bone of the Indian Economy, Bank of Baroda has contributed significantly in accelerating the pace of rural development by providing finance to farmer. Bank provide finance to enhance irrigation potentials of farmers.
The mode of finance covers activities such as construction of surface well, deepening, renovation of existing wells, purchase of oil engine/electric motor and pump set, construction of shallow and deep tube wells, leveling of land for irrigation, construction of bandharas , sprinkler irrigation, drip irrigation and boring of well etc.
Eligibility
Literate and illiterate farmers engaged in cultivation of crop as owner of land, cultivators, permanent tenants or leaseholders (for reasonably long period) or share croppers.
Nature Of Facility : Term loan
Repayment Schedule
Repayment period depend upon purpose of investment and economic life of the asset, maximum 9 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
