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Bank of Baroda launches agricultural investment credit for farmers of Rajasthan

02 Jan 2017 Evaluate

Bank of Baroda has launched an agricultural investment credit for the farmers of Rajasthan. The first loan has been disbursed in Sri Ganganagar. Under the scheme, farmers can avail of loan from the bank’s branches for construction of farm ponds, installation of solar pumps, installation of micro irrigation, and for any other viable agriculture and allied activities.

The scheme will initially be implemented in the districts of Sri Ganganagar, Hanumangarh and Bikaner and will be gradually extended to all the districts of Rajasthan. The bank has already entered into tie-ups with leading suppliers of irrigation equipments to boost micro irrigation.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.



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247.75 -7.20 (-2.82%)
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