Agricultural Finance
Terms & Conditions
Margin
| Short Term Loans |
Margin |
| Upto Credit Limit Rs 100000/- |
Nil |
| Above Credit Limit Rs 100000/- |
15% |
| Term Loans |
Margin |
| Upto Credit Limit Rs 100000/- |
Nil |
| Above Credit Limit Rs 100000/- |
Margin |
| Tractors & Heavy Agriculture Machinery |
25% |
| Other Loans |
15% |
| Clinic Agri Business |
Margin |
| Upto Rs 5 Lacs |
Nil |
| Above Rs 5 Lacs |
15% |
For small/marginal farmers, agriculture labourer and other specified catagories no margin money required by borrowers where subsidy is available under special development programme. Where subsidy is not available, 5% margin by borrower is required.
Security
Crop Loan/short Term Loans
- D.P. Note & Hypothecation of crop for credit limit up to Rs 160000/-
- D.P. Note & Hypothecation of crop and mortgage of land or third party guarantee for limit above Rs.160,000/-
Investment Loans wherever moveable assets are created
- D.P. Note & Hypothecation of moveable assets to be purchased out of loan up to cost of economic unit or Rs 1.6 lac whichever is lower
- D.P. Note, Hypothecation. of moveable assets & charge/mortgage of land or third party guarantee for credit limit above Rs 1.6 lac.
For Agri. Clinic- agri business
- D.P. Note & Hypothecations of assets for credit limit upto Rs 5 lacs.
- D.P. Note , Hypothecations osf assets & Mortgage of land/3rd party guarantee for credit limit above Rs 5 lacs
Investment Loans wherever moveable assets are not created
- Where moveable assets are not created, mortgage of land is required for limit above Rs.10,000/-.
Loan Agreements
Where To Approach
At the nearest rural and semi-urban branch
Contact Us
Chief Manager (Agriculture),
Bank of Baroda, Rural & Agri. Banking Dept,
3rd Floor, Baroda Bhawan, R C Dutta Road,
Alkapuri, Vadodara
Phone : (O) ) 0265-2316330
E-mail : ps.bcc@bankofbaroda.com
You can see below links also