banner-image

Baroda Special Scheme for existing BKCC borrowers impacted by COVID -19

Purpose

An instant credit for farming community to meet the emergent funds requirements for Agriculture and related domestic purposes due to COVID-19 pandemic.

Eligibility

Individual Farmers / Joint borrowers who are existing Baroda Kisan Card (BKCC) account holders having satisfied repayment track record and eligible for Prompt Repayment incentive in existing account.

Quantum of Loan

10% of BKCC sanction limit i.e. Minimum Rs.10000/- and Maximum Rs.50000/- for existing regular BKCC holders.

Nature of facility

Demand Loan

Rate of Interest

1 Year MCLR+SP i.e. 8.15+ 0.25= 8.40 % (at present)

Margin

Nil

Repayment Period

6 Half yearly / 3 Yearly instalments depending upon the income generation and cropping pattern of the customer.

The interest to be realized along with the instalment

Security

Existing security under BKCC 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

Request Callback

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

Select Covid 19 Products Type
  • Additional Assurance to SHGs- COVID19
  • Baroda Emergency Credit Line for Farmer Producer Organization (FPO / FPC)
  • Baroda Special Scheme for existing Agriculture Investment Credit borrowers
  • 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)
  • Others

Thank you ! We have successfully received your details. Our executive will contact you soon.

Related products

  • Additional Assurance to SHGs- COVID19

  • Baroda Emergency Credit Line for Farmer Producer Organization (FPO / FPC)

  • Baroda Special Scheme for existing Agriculture Investment Credit borrowers

  • 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)

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 www.bankofbaroda.in

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