Baroda Eastern Uttar Pradesh Gramin Bank

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:

Eligibility:

Farmers engaged in cultivation of crops as owner of land.

• Should have perennially irrigated land of 1.2 hectares in his own name or jointly with family members who will be joint borrowers.

Nature Of Facility: Term loan

Loan Limit : upto Rs. 2.00 lacs

Repayment Schedule

Repayment period is fixed on 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.

• Kisan Credit Card (KCC)

• Farm Machanisation

• Deep Boring Scheme

• Dairy Development

• Pisci culture

• Vermi Compost (Kisan Khad Yojna)

• Setting up of Kisan Sewa Kendra

• Kisan Over draft Scheme

• Purchase of Old Tractors

• Land Purchase scheme

• Goattery/Sheep Breeding

• Poultry

• Two Wheeler Scheme for Farmers

• Agriclinics & Agri.business centre (ACABC)

• Krishi Samagri Vyavsayi Yojna