Financing growth & transforming rural India.

Bank of Baroda, for rural India, with rural India.

Financing Protected Cultivation Projects

  • Benefits
  • Features
  • Eligibility Criteria
  • Document Required
  • Fees & Charges
  • Most Important Terms And Conditions MITC

Financing Protected Cultivation Projects : Benefits

  • Margin Nil for Loan limit up to Rs. 1 lakh
  • Nil Processing Charges for aggregate loan upto Rs 3.00 Lakhs
  • Nil Inspection Charges for aggregate loan upto Rs 3.00 Lakhs Pre-payment Charges- Nil
  • Need based funding without any ceiling
  • Provision of availing subsidy from National Horticulture Board (NHB) under “Development of commercial Horticulture through Production and Post-Harvest Management”.

Financing Protected Cultivation Projects : Features

Loan facilities may be considered for the following activities:

  • Towards construction of Green House/Poly house
  • Towards construction of Shade Net House
  • Towards construction of plastic tunnels & walk in tunnels
  • Towards construction of anti-bird/anti hail nets
  • Towards plastic mulching
  • Towards setting up of projects under hydroponics
  • Towards setting up of projects under aquaponics
  • Towards setting up of projects under aeroponics.
  • Towards purchase of components/equipment fo use under above Structures

Financing Protected Cultivation Projects : Eligibility Criteria

Individual farmers including Self Help Group (SHGs) or Joint Liability Groups (JLGs) i.e group of individual farmers and proprietorship firms of farmers, directly engaged in Agriculture and Allied Activities.

Landless agricultural labourers, tenants’ farmers, oral lessees and sharecroppers.

Corporate farmers (Private Limited Company, LLPs etc) Farmer Producer Organisations (FPOs)/ (FPCs) Companies of Individual Farmers, Partnership firms and Co-operatives of farmers engaged in Agriculture and Allied Activities.

Financing Protected Cultivation Projects : Document Required

  • KYC Documents (AADHAR, Voter ID, PAN Card, Driving License etc.)
  • Passport Size photo
  • Quotation/Invoice (if available)
  • Land Records
  • Project Report (if available)
  • IT Returns (if available)

Financing Protected Cultivation Projects : Fees & Charges

Pre-payment Charges- Nil

Processing charges:

  • Aggregate Agriculture exposure of Rs. 3.00 Lakhs- Nil
  • Above Rs 3 Lakhs - 1 % of the limit sanctioned with a maximum of Rs 100 lacs.

Inspection Charges:

  • Agriculture exposure upto Rs. 3.00 Lakhs- Nil
  • Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250
  • Above Rs 10 Lakhs to Rs 1 Crore - Rs 1000
  • Above Rs 1 Crore - Rs 5000

Financing Protected Cultivation Projects : Most Important Terms And Conditions MITC

Age Criteria


Minimum Age: 18 years
Maximum Age: No upper limit. However, if age of the applicant is more than 65 years, legal heir/(s) of applicant having age less than -65- years to be added as co-applicant and/or guarantor.

Non Individuals: No age criteria

Quantum of loan Need based funding without any ceiling
Nature of Facility Term Loan
Rate of Interest
Limit Applicable ROI
Upto Rs 3.00 Lakhs One Year MCLR+ SP
>Rs 3.00 Lakhs - < Rs 25.00 Lakhs One Year MCLR+ SP +1.25%
Limit Rs 25 lakhs and above
> 3 Years to 5 Years One Year MCLR+ SP + 2.10%
> 5 Years to 9 Years One Year MCLR+ SP + 2.15%
Up to the cost of economic unit (wherever applicable) or Rs 1.60 Lakhs whichever is lower
  • Hypothecation of crops
  • Hypothecation of structure/ equipment/ machinery purchased or created out of bank finance
For loans above Rs 1.60 lakhs
  • Hypothecation of assets like Crop, livestock, Equipment’s, Machine etc created out of bank's finance
  • Mortgage of asset created out of bank finance
  • Mortgage/Charge on Land
  • Third party guarantee (if available)
Tenure of loan 3 to 9 years period depending upon the purpose of investment, economic life of asset and cash flow of the activity.
Moratorium Period A period of 3 to 12 months subject to cash flow of the project.
Other Information
  • The borrower should have experience or should have undergone training from relevant department/agencies in undertaking such projects
  • All statutory licenses, permissions from respective authorities /departments for setting up unit /project to be obtained
  • Processing and Inspection charges nil for loans upto Rs 3.00 Lakhs
  • Pre-payment Charges- Nil
Request Callback

Please fill in these details, so we can call you back and assist you.

Select Loans and Advances Type
  • Advances to Food Agro Based Units Under Agriculture
  • Financing Agriclinics & Agribusiness Centres by Agriculture Graduates
  • Baroda Animal Husbandry and Fisheries Kisan Credit Card (BAHFKCC) Scheme
  • Baroda Kisan Credit Card (BKCC)
  • Baroda Kisan Tatkal Loan Scheme
  • Cultivation of Crops (Excluding Plantation and Horticultural Crops)
  • Warehouse Receipt Financing
  • Financing Agencies Providing Custom Services To Farmers
  • Financing Construction of Farm Buildings Structures
  • Financing Development of Dairy, Poultry, Fishery, etc.
  • Financing Four Wheeler Loans to Farmer
  • Financing Irrigation
  • Joint Liability Group Loan
  • Financing Protected Cultivation Projects
  • Financing Tractors and Heavy Agriculture Machinery
  • Financing Under Self Help Groups (SHGs)
  • Financing Installation of Gobar Gas/Bio-gas Plants
  • Financing Solar Home Lighting Scheme
  • Lending to Agriculture Other Priority Sectors demand loan for financing against
  • Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
  • Loan for Installation of Solar Photovoltaic Pump Sets
  • Tractor Loans
  • Overdraft Scheme for Working Capital Assistance to the Food Agro Processing Unit
  • Planters Card Scheme
  • Purchase of Estates/Orchards Growing Traditional Plantation Crops
  • Scheme for Financing Farmer Producer Companies / Organizations (FPCs / FPOs)
  • Scheme for Financing Farm Development Activities
  • Scheme for Financing Mini Dairy Units
  • Scheme for Financing Pradhan Mantri Matsya Sampada Yojana (PMMSY)
  • Animal Husbandry Infrastructure Development fund (AHIDF)
  • Scheme for Financing under Agriculture Infrastructure Fund
  • Shahari Bagwani Yojana
  • Loans for Solis/Godowns for Storage of Agriculture Produce
  • Horticulture Loan Scheme
  • Scheme for Financing Compressed Biogas (CBG)
  • Financing under PM Formalization of Micro Food Processing Scheme
  • Two Wheelers (Motorcycle/Scooter) Loan to Farmer
  • Credit Facility for Food and Agro Business with Warehouse/Storage Receipts Loans

Thank you [Name] for showing interest in Bank of Baroda. Your details has been recorded and our executive will contact you soon.

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.

The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.

Proceed to the website

Thank you for visiting

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.