Helping millions of Indian farmers benefit from our schemes.


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

Scheme for Financing Compressed Biogas (CBG)

Purpose

A financing scheme to set up a Compressed Biogas Plant.

Eligible Projects

Compressed Bio Gas plants across India with a minimum design capacity of CBG plant i.e., 2 tons per day.

Eligible beneficiaries

Entrepreneurs viz., sole proprietorship, partnerships, limited liability partnership, companies and cooperative societies and other constitution of borrowers permissible by Ministry of Petroleum and Natural Gas who have been awarded Letter on Intents (LOI) by Oil Marketing Companies (OMC) for production and supply of Compressed Bio Gas (CBG).

Nature of facility

Working Capital/Term Loan/Bank Guarantee/LC.

Credit Rating

Minimum internal rating should be BOB 6/MSMEBOB 6.

Margin

    Working Capital: 25%
  • Term Loan: 30%

nterest Rates & Charges

  • Applicable rate of interest for accounts having aggregate limit up to Rs. 50 crores.

Rate of interest ranging from BRLLR+SP+0.50% to BRLLR+SP+5.40% based on internal credit rating and immovable property security coverage (including both primary and collateral immovable properties). (Present BRLLR: 6.85%).

  • Applicable rate of interest for accounts having an aggregate limit above Rs. 50 crores and up to Rs. 100 crores.

The rate of interest shall be charged @1% over and above the rate of interest applicable to accounts having an aggregate limit up to Rs. 50 crores.

  • Applicable rate of interest for accounts having an aggregate limit above Rs. 100 crores and up to Rs. 100 crores.

As per the classification of account vis. MSME/corporate advances.

Loan Tenure & Repayment

The term loan to be repayable in 10-15 years (including moratorium of a minimum of 6 months and maximum of 2 years period).

Repayment: Monthly/quarterly based on cash flow of the project.

Security

  • Exclusive charge over entire project assets including immovable assets and movable assets.
  • Hypothecation of stock and book debts.
  • Personal/Corporate Guarantee Proprietors/Partners/Promoters/Directors/Parent Company, etc.
  • Charge over the Escrow account in favour of the lenders.
  • Assignment or creation of charge on commercial agreement.
  • Any other security acceptable top bank.

Subsidy

As per the notification of the Ministry of New and Renewable Energy, Central Finance Assistance (CFA) of Rs. 4 crores per 4,800 Kg of CBG per day generated from 12,000 cubic meters of Biogas per day with a maximum of Rs. 10 crore per project.

Types of Loans & Advances

  • New Scheme for Tractor

  • Advances to Food Agro Based Units Under Agriculture

  • Agriclinics Agribusiness Centres by Agriculture Graduates

  • Agricultural Land Development Loan

  • Baroda Animal Husbandry and Fisheries Kisan Credit Card (BAHFKCC) Scheme

  • Baroda Kisan Credit Card (BKCC)

  • Baroda Kisan Group Loan Scheme

  • Baroda Kisan Tatkal Loan Scheme

  • Baroda Sanitation Scheme

  • Commercial Production Units of Organic Inputs

  • Construction Of Storage Structure Projects

  • Construction of Toilets under Swachh Bharat Abhiyan

  • Cultivation of Crops (Excluding Plantation and Horticultural Crops)

  • Distribution of Agricultural Inputs such as Seed Fertilizers, Insecticides, etc.

  • Finance for Purchase of Smartphones for Farmers

  • Financing Against Warehouse Receipt

  • Financing Agencies Providing Custom Services To Farmers

  • Financing Construction of Farm Buildings Structures

  • Financing Development of Dairy, Poultry, Fishery, etc.

  • Financing Farmer Producer Companies (FPC)

  • Financing Four Wheeler Loans to Farmer

  • Financing Irrigation

  • Financing of Joint Liability Groups

  • 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

  • SHGS/JLGS in Partnership with Corporate BC

  • 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

  • Redemption of Debts of Farmers from Non-Institutional Lenders

  • Scheme for Financing Facility under PM Formalization of Micro Food Processing

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