Empowering farmers to enhance their farm productivity.

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

Planters Card Scheme

Particulars Guidelines under the scheme
  • Meet the short term credit requirements for cultivation of coffee, inter-crops & other plantation crops with Bank of Baroda’s Planters Card Scheme.
  • This helps meet post-harvest expenses, produce marketing loan, consumption requirements of planter’s household, working capital for maintenance of farm assets and activities allied to agriculture like dairy animals, poultry, inland fisheries, etc. And payment of insurance premium towards crop/asset/health insurance.
Eligibility Individuals:
All planters/cultivators/tenant farmers engaged in plantation activities.
Quantum of Loan
  • Fixation of Annual Limit: As per the scale of finance approved by DLTC. In case planters use a modern package of practices involving higher input cost and if DLTC fixed scale of finance is not adequate to raise/maintain the crop, additional amount up to 25% of the scale of finance, over and above the scale of finance may be considered on merits of an individual case, on the request of the party.
  • 40% of total crop production requirement for post-harvest activities/consumption need.
Nature of Facility Term Loan
Rate of Interest As per RBI/Bank’s guidelines revised from time to time.
  • For crops with the notified scale of finance by DLTC: No margin.
  • For crops not under the notified scale of finance by DLTC: Estimated cost of cultivation - Applicable margin.
  • For term loan and also for (B) above:
    a) Up to Rs. 1,00,000 : No Margin
    b) Above Rs. 1,00,000: 15 to 25% depending on purpose and quantum of loan
Repayment Period The repayment period for the operative limits to be fixed for 31st July.
Security Hypothecation of primary security and mortgage of land.

Related products

  • 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 Four Wheeler Loans to Farmer

  • 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

  • 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

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