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Bank of Baroda
- Kisan
Credit Card (BKCC) Scheme for Purchase of Agricultural
Inputs
Scheme for purchase of agricultural implements
to farmers & landless labourers.
- Scheme
For Purchase of Heavy Agricultural Machinery
& Implements i.e. Tractors & Power-Tillers.
- Scheme
for Purchase of Second-hand Tractors Scheme
for dry-land farming.
- Scheme
for Cultivation of Various Crops.
- Scheme
for providing loand for marketing of Farm produce.
- Scheme
for development of Irrigation facilities i.e.
installation of Pump sets, Drip-Irrigation/Sprinkler
Irrigartion etc.
- Scheme
for extending working capital needs to Dealers/Distributors/Traders
of Agriculture Inputs/Livestock Inputs.
- Scheme
to provide customised services for hiring Agricultural
Machinery.
- Scheme
for providing Employment To Technical Personnel
by setting up of Agro Service Centers.
- Schemes
for Agriculture Graduates for setting up of
Agriclinics & Agribusiness Centres.
- Scheme
for construction and repair of farm building
and structures.
- Scheme
for construction and management of godowns and
Farm buildings.
- Scheme
for development of horticulture through new
or existing orchards, gardens, plantations and
nurseries.
- Scheme
for land development i.e. terracing, bunding,
leveling, kyari preparation, drainage lay out
and reclamation of saline, alkaline and ravine
lands.
- Scheme
for capital expenditure and working capital
requirement of units engaged in dairy, piggery,
poultry, sericulture.
- Scheme
for financing Scheduled Caste/Scheduled Tribes
for purchase of farm implements, tools, pairs
of bullocks, creation of irrigation facilities.
Agricultural Finance
Schemes
- Agriculture being the backbone of the Indian
Economy, Bank of Baroda, is contributing significantly
in accelerating the pace of rural development
by providing finance to farmers by way of following
agriculture products.
Baroda Kisan Credit Card (BKCC)- Empowering
the farmer : The BKCC facility designed exclusively
for the benefit of the farmers aims to provide
them the opportunity to manage and utilise their
funds in the manner they deem fit. BKCC provide
adequate and timely support to farmers for their
production needs e.g. purchase of quality inputs,
investment requirements like purchase of agriculture
implements/tractor etc, farming expenses towards
farm maintenance, unforeseen family expenses
(consumption) and maintenance of non-farm activities.
- Purchase of agricultural implements including
indigenous improved ones being utilised for
field operations including harvesting/sorting/grading,
for not only to farmers, but also for land-less
labourers.
- Purchase of heavy agricultural machinery like
tractors, power-tillers, etc. either by farmers
having larger holdings with irrigation facilities
or group of farmers with irrigation facilities.
- Purchase of second hand tractors to provide
opportunity to those interested farmers in dry
land farming or having a small land holding
who can not afford to purchase new tractors.
- Production credit for raising various crops
from the point of preparatory tillage till harvesting,
for land owners or permanent tenants or lease
holders or share croppers.
- Farm produce marketing loan against pledge
of reciept of warehouse/ cold storages to the
farmers.
- Development of irrigation facilities, covering
sinking of wells/bore wells, lifting of water
by installation of pump sets, transporting of
water through field channels, water saving system
like drip irrigation/sprinkler irrigation etc.
for farmers .Energising of pump sets through
Non-conventional Energy Resources like wind
mill, solar energy etc. or installation of generation
sets is also covered.
- Extending working capital needs to dealers
of dealers/ distributors/traders of agricultural
inputs like seeds, fertilisers etc. live stock
inputs like cattle feed, medicine etc. and supply
of agriculture machinery/ irrigation system.
- Extending Custom services to farmers by way
of machinery like tractor thresher etc. Equipment
on rental basis and maintenance of cold storage
/godowns for hiring, by individuals, institutions
/ organisations.
- Providing employment to the unemployed technical
personnel through Agro service Centre.
- Setting up of Agri clinic and Agribusiness
centre by agriculture graduates.
- Construction farm building/structures like
cattle shed, tractor shed, thrashing yards,
fencing etc. by individual farmer or firms engaged
in agricultural activity and is of long term
nature.
- Construction/Expansion/modernisation/Renovation
of Rural Godown/Cold storage.
- Development of horticulture including production,
processing and marketing of various fruits,
vegetables, plantation and flowers, which cover
from nursery to the point of market, by individual
farmers, firms, organisation like co-operative
societies etc. and which covers both long term
and short term requirement.
- Development of land like bunding, terracing,
levelling etc. and reclamation of saline, alkaline,
ravine soils by farmer or organisation like
co-operative societies etc.
- Development of allied activities to agriculture
like dairy, poultry , fisheries, sericulture,
mushrooms, apiculture etc. by production , processing
and marketing by farmer, land less labourers,
firms, organisations, like co-operative societies
etc .finance by way of long term nature and
short term nature is being extended.
- Financing Scheduled Caste & Scheduled
tribes who have been provided/allotted land
by the State Govt, can be financed for purchase
of farm implements irrigation pair of bullocks
etc.
- Baroda Kisan Credit Card (BKCC)
- Agricultural Implements
- Tractors and Heavy Agricultural Machinery
- Financing Second Hand Tractors
- Cultivation of Crops
- Farm Produce Marketing Loan
- Irrigation Potential
- Dealers of Agriculture Inputs
- Financing Agencies Providing Custom Services
To Farmers
- Providing Employment To Unemployed Technical
Personnel Through Agro Service Centers
- Agriclinics and Agribusiness Centers by Agriculture
Graduates
Financing Construction of Farm Building and
Structures
- Construction / Expansion / Modernisation /
Renovation of rural godown
- Development of Horticulture
- Land Development
- Dairy, Poultry, etc.
- Financing Scheduled Caste/Scheduled Tribes
Baroda
Kisan Credit Card (BKCC)
Baroda Kisan Credit Card (BKCC) aims at providing
adequate and timely credit for the comprehensive
credit requirements of farmers under single window
with flexible and simplified procedure adopting
wholesome approach.
Eligibility :
All agriculturists with good track record of
repayment who are eligible for sanction of credit
limit of Rs 1000/- and above irrespective of their
period of dealing with our branch or fresh applicant
having good reputation/ report.
Literate and illiterate farmers who are owner
of land, cultivators and permanent tenants or
leaseholders, share croppers cultivating crop
for a period not less than 5 years are eligible
for their production credit requirement.
Coverage of Activities :
The mode of finance covers activities for purchase
of agricultural inputs required for production
of crop, farm produce marketing loan farm maintenance,
consumption needs, allied activities, non- farm
sector activities, personal loans, loans for redemption
of debt availed from non- institutional lenders
etc. and also Investment credit for land based
and non land based activities.
Quantum of finance :
The quantum of finance will be assessed based
on scale of finance projected average farm income,
repaying capacity and / or value of security Max.
up to Rs 10 lacs.
Issuance of BKCC :
After sanction of Bkcc limits and execution of
security documents, Bkcc will be issued along
with cheque book and pass book.
Availment of finance :
Specially designed cheque book to the literate
BKCC holders for facilitating drawings from their
account for Production line of credit. For investment
credit immediate disbursement to the dealers as
per request of the borrower. Reimbursement of
Investment credit items purchased through cheque
book provided for production credit is permissible.
Incentives/Concessions/Benefits :
- Interest @ of Saving Bank paid on credit balances
if any maintained by the borrower.
- No processing charges for the credit limit
up to Rs 10 lacs under direct agriculture.
- No documentation charges for the credit limit
up to Rs 2 lacs and 50% of regular charges for
credit limit over Rs 2 lacs to Rs 10 lacs, under
direct agriculture.
- Bkcc holders are covered under master policy
of Personal accident Insurance Package.
Loyalty & Reward :
In order to recognize the loyalty, satisfactory
dealings, good recovery records, better use of
Bkcc scheme, improvement of farm production, productivity
& farm income, the following special facilities/
concessions and incentives is being given to the
different categories of Bkcc holders under the
notified scheme:
- The quantum of consumption credit needs for
the farm family maintenance for the -1- year
would be assessed and extended with maximum
ceiling of Rs 50000/-.
- Entire premium of Rs 5/- will be paid by the
bank for personal accident insurance of Bkcc
farmer borrowers who have satisfactory record
of the dealings with the bank for a period exceeding
5 years.
- Reduction in the applicable rate of interest
ranging from 0.25% to 0.50% both in production
and investment loans will be extended depending
upon the categories of borrowers as specified
in the scheme.
Repayment Schedule :
Production line of credit will be a revolving
Agriculture cash credit account subject to annual
review valid for 5 years. In case if Investment
credit repayment period is fixed on quarterly/
half yearly or annual basis, based on income generation
of the farmer.
Agriculture Implements
:
Agriculture being the back bone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmers.
The mode of finance covers activities for purchase
of indigenous and improved agriculture equipments/
implements such as sprayers, dusters, hand tools
such as khurpi, sickles, secatures, etc, threshers,
winnowers, seed-cum-fertilizer drill and bullock
or camel and or animal drawn cart etc.
Eligibility:
Progressive, literate and illiterate farmers
who are owner of land, cultivators, permanent
tenants or leaseholders (for reasonably long period).
Nature Of Facility : Demand loan / Term loan/
Cash Credit
Repayment Schedule :
Repayment period is fixed on quarterly/ half
yearly or annual basis, based on income generation
of the farmer. Maximum period is 7 years.
Tractors
and Heavy Agricultural Machinery
Agriculture being the back bone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer.
The mode of finance covers activities for:
- purchase of new or second hand tractor,
- tractor drawn implements,
- power tiller and other agriculture machines
etc.
Eligibility:
Progressive, literate and illiterate farmers
engaged in cultivation of crops as owner of land,
permanent tenants or leaseholders (for reasonably
long period) and who utilize the tractor/ machinery
economically to the minimum extent of 50% on their
own land holding.
- Should have perennially irrigated land of
4 acres ( tractors to farmer with land holding
below 6 acres of irrigated land is considered
for tractors with horse power upto 35 hp.)
- Should cultivate high value commercial crops
such as sugarcane, grapes, bananas & vegetables.
- Should have progressive outlook in adoption
of improved farm practices and modern agriculture
technologies.
Nature Of Facility: Term loan
Repayment Schedule :
Repayment period is fixed on quarterly/ half
yearly or annual basis, based on income generation
from crops taken and off farm activities of the
farmer. The maximum repayment period is 9 years
for tractors and 7 year for power-tiller.
Financing
Second Hand Tractors
To enhance the level of farm mechanization for
timely agriculture operation, provide opportunity
to farmers engaged in dry land farming or having
small land holding who can not afford to purchase
first hand tractor, can now obtain finance for
second hand tractor under this scheme.
The mode of finance covers activities for purchase
of second hand tractor with max. loan amount of
Rs 2 lacs:
Purchase of second hand tractor up to 80% of
the value assessed
or
Current market price of new tractor of same model/manufacturer
minus depreciation @12% p.a. at straight line
method.
plus
expenses for repairing not exceeding Rs
50000/- as per estimate.
plus
Equipment cost (depreciated) if not considered
in valuation mentioned above.
Eligibility :
Farmers engaged in cultivation of crops as owner
of land, permanent tenants or leaseholders (for
reasonably long period)
- Should have perennially irrigated land of
2 acres in his own name or jointly with family
members who will be joint borrowers.
- Farmers of other agriculture lending scheme
viz. dairy, poultry, fisheries are also eligible
to undertake the transportation of their produce
as well as hollage work.
Nature Of Facility: Term loan
Repayment Schedule :
Repayment period is fixed on quarterly/ half
yearly or annual basis, based on income generation
from crops taken and off farm activities of the
farmer. The maximum repayment period is 5 years.
Cultivation
of Crops
Agriculture being the back bone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer for purchase of
agricultural inputs and other expenses of raising
of crops.
The mode of finance covers activities for purchase
of agricultural inputs such as seeds, fertilizers,
pesticides and for payment labour charges, irrigation
cess, etc.including Post harvest finance against
pledge/ hypothecation of Agriculture Produce.
The quantum of loan depend upon the scale of
finance fixed by the district technical committee.
Eligibility :
Progressive, literate and illiterate farmers
who are owner of land, cultivators, permanent
tenants or leaseholders (for reasonably long period)
or share croppers.
Nature Of Facility : Demand loan / Term loan/
Cash Credit/BKCC
Repayment Schedule :
Repayment period is generally 12 months, can
be extended up to 18 months in respect of crop
with longer duration such as adsali sugarcane.
Farm
Produce Marketing Loan
To provide finance to farmer against pledge of
receipt issued by state, central govt. ware houses
as well as receipt issued by owners of private
regd. Warehouse, godown and cold storages.
Objective :
- To provide liquidity to the farmers.
- To enable farmers to hold on their produce
during the period of bumper crop harvest when
market price are ruling at the lowest.
- To facilitate agriculturist to realize remunerative
price by selling their farm produce during off-
season when market is ruling high.
Quantum of loan :
- The maximum quantum of loan is Rs 5 lac with
a margin of 15 to 40%.
- Margin depend upon the volatility of price
of agriculture produce.
- Valuation of the farm produce should be decided
on the basis of market price or control price
(if declared ) which ever is lower.
Eligibility :
Farmer intending to avail farm produce marketing
loan should be a farmer and farm produce to be
stored must be the produce of his own farm.
Nature Of Facility : Demand loan
Repayment Schedule : Repayment period not exceeding
12 months.
Irrigation
Potential
Agriculture being the back bone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank provide finance
to enhance irrigation potentials of farmers.
The mode of finance covers activities such as
construction of surface well, deepening, renovation
of existing wells, purchase of oil engine/electric
motor and pump set, construction of shallow and
deep tube wells, leveling of land for irrigation,
construction of bandharas , sprinkler irrigation,
drip irrigation and boring of well etc.
Eligibility :
Literate and illiterate farmers engaged in cultivation
of crop as owner of land, cultivators, permanent
tenants or leaseholders (for reasonably long period)
or share croppers.
Nature Of Facility : Term loan
Repayment Schedule :
Repayment period depend upon purpose of investment
and economic life of the asset, maximum 9 years.
Dealers/Distributors/Traders
of Agriculture Inputs/Livestock Inputs
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to dealers engaged in distribution of agriculture
inputs.
The mode of finance covers activities of distribution
of agricultural inputs such as seeds, fertilizers,
insecticides, cattle /poultry feed, fishing net,
sprinkler/drip irrigation machinery, spare parts
of oil engine/tractor/fishing boats, tools required
for poultry/horticulture etc.
Eligibility :
Traders, firm or company or any institution or
cooperative society engaged in distribution of
agriculture inputs is eligible under this scheme
to the extent of their credit needs.
Nature Of Facility : Cash credit/BD/BP/LC/Guarantee
etc
Repayment Schedule : 12 month annual review.
Financing
Agencies Providing Custom Services To Farmers
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to Firms, individuals providing custom services
to farmers.
The mode of finance covers activities of for
purchase of tractor, bulldozer, fixed wing aircrafts
and helicopter with accessories for aerial spraying,
drill rig for boring wells, drilling tube wells,
equipment for construction of wells, lift irrigation,
purchase of combine harvester, thresher for hiring
on custom basis, construction of godown, warehouse
to provide storage facility on rental basis, purchase
of truck for transporting agriculture produces
to farmer on hiring basis, acquiring milk tankers
for transporting milk, establishing curing barn
for tobacco, working capital finance to organization/
institution providing such services etc.
Eligibility :
All individuals, entrepreneurs, organizations,
institutions corporations such as agro industries
corporations, market yard or authorized licensee
in market yard, warehouse panchayats and agro
service centers who are capable of carrying out
such activities and have viable schemes for providing
custom services to farmers.
Nature Of Facility :
Term loan for capital expenditures & Cash
credit for working capital requirements.
Repayment Schedule :
12 month for cash credit and monthly/qtly/half
yearly and annual installments for term loan maximum
7 years.
Providing
Employment To Unemployed Technical Personnel Through
Agro Service Centers
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to unemployed technical personnel's for providing
custom services to farmers.
The mode of finance covers activities of providing
custom service by way of ploughing, discing, leveling,
threshing, hiring of agriculture implements, equipments
and pump sets, distribution of seeds, fertilizer,
diesel oil, drilling of well, sale of spare parts,
repairs to agriculture implements, equipments
farm machineries etc.
Eligibility :
An unemployed Engineer/ Agricultural graduate
sponsored by agro Industries Corporation or state
government and has viable schemes for providing
custom services to farmers.
Nature Of Facility :
Term loan for capital expenditures & Cash
credit for working capital requirements.
Repayment Schedule :
12 month for cash credit and monthly/qtly/half
yearly and annual installments for term loan maximum
7 years.
Agriclinics
and Agribusiness Centers by Agriculture Graduates
Agriculture being the backbone of the Indian
Economy, Bank of Baroda is contributing significantly
in accelerating the pace of rural development
by providing finance to farmer. With diversification
and modernization of agricultural practices, the
need to augment support and extension services
to farmers was felt.
Agriclinic :
To provide expert advice to farmers on cropping
practices, technology dissemination, crop protection
from pests and diseases, market trends and prices
of various crops and clinical services for animal
health to enhance the productivity of crops/animals.
Agribusiness :
These centers to provide a package of soil testing
input testing transfer of technology and extension
services to farmers.
Eligibility :
An unemployed Agricultural graduate in subjects
like horticulture, animal husbandry, forestry,
dairy, veterinary, poultry farming, pisciculture
and other allied activities including new emerging
areas in agriculture sectors trained by accredited
training institute of MANAGE.
Nature Of Facility :
Term loan for capital expenditures & Cash
credit for working capital requirements.
Repayment Schedule :
12 month for cash credit and monthly/qtly/half
yearly and annual installments for term loan maximum
7 years.
Financing
Construction and repair of Farm Building and Structures
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to farmers for construction/repair of farm building
/ sheds.
The mode of finance covers activities of for
construction and repair of farm building and structures
viz., bullock shed, tractor and truck shed, farm
store, godown and farm silos, threshing yard,
gur making shed. Proposal for dairy building,
cold storages plants are also considered.
Eligibility :
All individuals engaged in cultivation of crop
as owners of land or as permanent tenants or as
lease holders (for reasonably long period) and
have adequate productive utility of proposed construction.
Nature Of Facility :
Term loan for capital expenditures & Cash
credit for working capital requirements.
Repayment Schedule :
Maximum 7 years.
Construction
and Management of Godowns and Farm Buildings.
With increasing higher levels of production of
foodgrains and other agriculture produce, a network
of rural godown/storage centers to serve the economic
interest of the farming community for storing
there produce in the warehouse is required. The
scheme envisages construction and management of
godowns with capacities ranging from above 200
MTs by cooperative societies, market committees,
state warehousing corporations, individuals under
agreement from FCI/ state warehousing corporations.
Eligibility :
Loan will be granted to individuals, partnership
firm, association, cooperative societies, market
committees or state warehousing corporations provided
they produce evidence to the satisfaction of the
bank that they are in possession of land for construction
of godown and site has been suitably certified
by FCI/ State warehousing corporation.
Details of the Scheme :
- State warehousing corporation will provide
technical guidance and assistance in the design
and construction of godown.
- Godown should be as per specification/ design
approved by state warehousing corporation or
FCI.
- Construction to be completed within 6 month
of disbursement.
- Farmers will be charged rent as prescribed
by the state government for storing agriculture
produce.
National Horticulture Board through NABARD also
provide capital investment subsidy from time to
time by formulating special scheme.
Nature Of Facility : Term loan for capital expenditures
Repayment Schedule : Maximum 7 years.
Development
of Horticulture
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to farmers for establishing new or for maintaining
old orchards.
The mode of finance covers activities of establishing
new or maintaining existing orchards, gardens,
plantations and nurseries. All capital cost for
development of horticulture and maintenance costs
of plants, seedlings, grafts, fertilizer, insecticides,
pesticides, wages salaries etc is financed.
Eligibility :
All persons engaged in raising fruit gardens,
plantations and nursery crops as owners of land
or permanent tenants or as lease holders (for
reasonably long period).
Nature Of Facility :
Term loan for capital expenditures & Cash
credit for working capital requirements.
Repayment Schedule
Maximum period of 5 to 7 years excluding gestation
period when only interest should be recovered.
Subsidy :
National Horticulture Board also provide Back
Ended subsidy from time to time by formulating
special schemes.
Land
Development
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to farmers for land development.
The mode of finance covers activities of terracing,
bunding, leveling, kyari preparation, drainage
lay out and reclamation of saline, alkaline and
ravine lands.
Eligibility :
All persons engaged in raising crops, fruit gardens,
plantations and nursery crops as owners of land
or permanent tenants or as lease holders (for
reasonably long period).
Nature Of Facility : Term loan.
Repayment Schedule : Maximum period of 7 years
with one year holiday / moratorium.
Capital
expenditure and working capital requirement of
units engaged in dairy, piggery, poultry, sericulture
etc.
Agriculture being the backbone of the Indian
Economy, Bank of Baroda has contributed significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
to farmers for allied activities like dairy piggery
, poultry etc.
The mode of finance covers to meet capital expenditure
and working capital requirement of units engaged
in dairy, piggery, poultry, sericulture and rearing
of sheep, goat and camel, for construction of
animal sheds, pig house, poultry sheds, purchase
of milch animal, pig breeding ,chicks, layers,
equipment/ machinery / transport vehicle for purchase
of feed and to meet other expenditure etc .
Eligibility :
All persons including small and marginal farmers
and agricultural labourers engaged in agriculture
and allied activities.
Nature Of Facility :
Term loan for capital expenditure and cash credit
for working capital requirements.
Repayment Schedule :
Term loan: for purchase of milch cattle 4 years.
For fishery, piggery, apiculture, sericulture,
etc 3 to 7 years depending upon the economic viability
of the scheme but not less than 36 months.
Financing
Scheduled Caste/Scheduled Tribes
Agriculture being the backbone of the Indian
Economy, Bank of Baroda is contributing significantly
in accelerating the pace of rural development
by providing finance to farmer. Bank also finance
for ameliorating the conditions of scheduled caste
and scheduled tribes.
Eligibility and purpose :
Persons who have been allotted land by State
government, can be financed for purchase of farm
implements, tools, pairs of bullocks, creation
of irrigation facilities by way of digging of
well, installation of pum pset etc.
Finance can also be extended to those, who may
not be allotted land, for carrying subsidiary
occupation like milch animal, poultry, sheep,
goats, pig rearing, bee-keeping, sericulture,
fishery.
Nature Of Facility : Term loan as well as working
capital as per requirement .
Repayment Schedule :
12 month for cash credit and monthly/qtly/half
yearly and annual installments for term loan maximum
7 years.
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