Financing growth & transforming rural India.
Bank of Baroda, for rural India, with rural India.
Financing Four Wheeler Loans to Farmer
| Particulars | Guidelines under the scheme |
|---|---|
| Purpose | Financing Four Wheeler Loans to a Farmer is sanctioned to purchase any new four-wheeler including jeep, SUV, station wagon, rural transport vehicle etc., for use in their farm management activities. |
| Eligibility | Farmers including those engaged in Allied activities having family income sufficient to repay the loan. If the main source of income of the farmer is from land based activity, farmers with minimum land holding of 4 acres perennially irrigated land or 8 acres of seasonally irrigated lands. |
| Quantum of Loan | New Vehicle: Rs. 30 lakhs |
| Nature of Facility | Term Loan Demand Loan |
| Rate of Interest | One year MCLR + Strategic Premium + 0.25% |
| Margin | 15% |
| Repayment Period | Not exceeding 7 years. |
| Security | Hypothecation of vehicle. |
Need Assistance?
-
New Scheme for Tractor
-
Advances to Food Agro Based Units Under Agriculture
-
Agriclinics Agribusiness Centres by Agriculture Graduates
-
Scheme for Financing Farm Development Activities
-
Baroda Animal Husbandry and Fisheries Kisan Credit Card (BAHFKCC) Scheme
-
Baroda Kisan Credit Card (BKCC)
-
Baroda Kisan Tatkal Loan Scheme
-
Baroda Sanitation Scheme
-
Construction Of Storage Structure Projects
-
Cultivation of Crops (Excluding Plantation and Horticultural Crops)
-
Financing Against Warehouse Receipt
-
Financing Agencies Providing Custom Services To Farmers
-
Financing Construction of Farm Buildings Structures
-
Financing Development of Dairy, Poultry, Fishery, etc.
-
Scheme for Financing Farmer Producer Companies / Organizations (FPCs / FPOs)
-
Financing Irrigation
-
Financing of Joint Liability Groups
-
Financing Protected Cultivation projects (Green House/Poly House/Shade Net House/Plastic tunnels & Walk in tunnels/Anti-bird/Anti-hail nets/plastic mulching/Hydroponics/Aquaponics and Aeroponics etc)
-
Financing Tractors and Heavy Agriculture Machinery
-
Financing Under Self Help Groups (SHGs)
-
Installation of Gobar Gas/Biogas Plants
-
Installation of Solar Home Lighting Systems
-
Lending to Agriculture Other Priority Sectors demand loan for financing against
-
Loan for Installation of Solar Photovoltaic Pump Sets
-
Overdraft Scheme for Working Capital Assistance to the Food Agro Processing Unit
-
Scheme for Financing Mini Dairy Units
-
Scheme for Financing NBFC-MFIs
-
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana (PMMSY)
-
Scheme for Financing under Agriculture Infrastructure Fund
-
Scheme for Purchase of Agriculture Land
-
Shahari Bagwant Yojna
-
Silos/Godowns for Storage of Agriculture Produce
-
Two Wheelers (Motorcycle/Scooter) Loan to Farmer
-
Warehouse/Storage Receipts to Food and Agro Unit Enjoying Credit Facility with our Bank
-
Planters Card Scheme
-
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
-
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme)
-
Purchase of Estates/Orchards Growing Traditional Plantation Crops
-
Scheme for Development of Horticulture
-
Scheme for Financing Compressed Biogas (CBG)
-
Scheme for Financing Facility under PM Formalization of Micro Food Processing