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Agriculture

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

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