An instant credit for farming community to meet the emergent funds requirements for farm maintenance and other farm related activities due to COVID-19 pandemic.
Existing borrowers enjoying investment credit with satisfactory repayment track record.
Quantum of Loan
10% of Other Agriculture sanction limit i.e. Minimum Rs.10000/- and Maximum Rs.50000/- for existing regular Investment credit agriculture accounts
Nature of facility
Rate of Interest
1 Year MCLR+SP i.e. 8.15+ 0.25= 8.40 % (at present)
Half yearly / Yearly instalments depending upon the income generation and cropping pattern
Hypothecation of assets created out of bank finance if any.
- Existing security under Investment agriculture credit loan accounts to be extended.
- The existing norms of no collateral security up to Rs.1.60 lacs to be followed if the combined limit is within Rs.1.60 lacs.
Please fill in these details, so we can call you back and assist you.
Additional Assurance to SHGs- COVID19
Baroda Emergency Credit Line for Farmer Producer Organization (FPO / FPC)
Baroda Special Scheme for existing BKCC borrowers impacted by COVID -19
Baroda CoviCare Personal Loan
Baroda COVID Personal Loan 2.0
BOB Guaranteed Emergency Credit Line Scheme (BGECLS)
PM SVANidhi Scheme (a special micro credit facility for street vendors)
Credit Guarantee Scheme for Subordinate Debt (CGSSD)
Loan Guarantee Scheme for COVID Affected Sectors (LGSCAS)