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Financing Four Wheeler Loans to Farmer

Get a competitive car loan for farmers & agriculturists with low interest rates for agriculture needs. Experience hassle-free four wheeler loan process with Bank of Baroda!

Maximum loanUp to ₹30 lakh for a new vehicle.Interest rateOne-year MCLR + Strategic Premium + 0.25% for loans to farmers to purchase a four-wheeler.Customer typeFarmers, agricultural enterprises and eligible rural borrowers
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Quick eligibility check

Financing Four Wheeler Loans to Farmer

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: Farmers, including allied-activity farmers, with sufficient family income for repayment and land-based income as the main source?

Published source: Farmer eligibility

2Do you meet this requirement: minimum 4 acres of perennially irrigated land or 8 acres of seasonally irrigated land?

Published source: Farmer eligibility

3Do you meet this requirement: quotation or invoice if available?

Published source: Required documents

4Do you meet this requirement: land records?

Published source: Required documents

5Do you meet this requirement: Farmers, agricultural enterprises and eligible rural borrowers?

Published source: Customer type

6Document checkDo you have this required document or proof: Aadhaar?

Published source: Required documents

7Document checkDo you have this required document or proof: voter ID?

Published source: Required documents

8Document checkDo you have this required document or proof: PAN card?

Published source: Required documents

9Document checkDo you have this required document or proof: driving licence?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Vehicle useNew four-wheeler purchase for farm pre- and post-harvest activities, transporting the farmer's own produce and personal use.View source
The official features section defines the vehicle and farm uses.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Features
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Farmer eligibilityFarmers, including allied-activity farmers, with sufficient family income for repayment and land-based income as the main source; minimum 4 acres of perennially irrigated land or 8 acres of seasonally irrigated land.View source
The official eligibility section publishes the income and landholding requirements.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Maximum loanUp to ₹30 lakh for a new vehicle.View source
The official benefits and publish the ₹30 lakh ceiling.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Benefits / — Quantum
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
AgeMinimum 21 years; maximum 70 years at facility availing. Above 70, a legal heir must be added as co-borrower.View source
The official age criteria publish the 21–70-year range and co-borrower condition.
Source
Financing Four Wheeler Loans to Farmer
Page / section
— Age Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
SecurityComposite hypothecation agreement for agricultural advances.View source
The official states the security instrument.
Source
Financing Four Wheeler Loans to Farmer
Page / section
— Security
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Turnover requirementThe page requires family income sufficient to repay and land-based activity as the farmer's main income source, but it does not publish an annual turnover threshold.View source
The eligibility section states repayment-capable family income and land-based main income, with no turnover figure.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Eligibility Criteria; Complete page reviewed
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Repayment tenureRepayment is over 7 years. Instalments may be monthly, quarterly, half-yearly or yearly, based on the cropping pattern or income generation.View source
The states a 7-year repayment period and four permitted instalment frequencies.
Source
Financing Four Wheeler Loans to Farmer
Page / section
— Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing and inspection chargesProcessing charge is ₹1,500 + GST for loans up to ₹10 lakh (₹10,00,000), and ₹2,000 + GST above ₹10 lakh. Inspection charges are nil for aggregate loan limits up to ₹3 lakh (₹3,00,000).View source
The official Fees & Charges section publishes the two processing slabs and the Benefits section states nil inspection up to ₹3 lakh.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Benefits — Nil Inspection; Fees & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Required documentsKYC documents such as Aadhaar, voter ID, PAN card or driving licence; passport-size photograph; quotation or invoice if available; land records; and income-tax returns if available.View source
The complete document list includes , photograph, optional quotation/invoice, land records and optional .
Source
Financing Four Wheeler Loans to Farmer
Page / section
Document Required
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Geographic availabilityThe product is presented for farmers in rural India through Bank of Baroda's agriculture network. No state, district or branch-territory restriction is published; local branch appraisal and sanction apply.View source
The official banner says rural India; the full product page contains no narrower territorial condition.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Product banner and complete page reviewed
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Published benefitsUp to ₹30 lakh finance for a new four-wheeler, nil inspection charges for aggregate limits up to ₹3 lakh and a low interest rate. The vehicle is intended for farm pre- and post-harvest work, own-produce transport and personal use.View source
Benefits and publish the ₹30 lakh ceiling and nil inspection threshold; Features lists the permitted vehicle uses.
Source
Financing Four Wheeler Loans to Farmer
Page / section
Benefits; Features; — Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Customer typeFarmers, agricultural enterprises and eligible rural borrowersView source
The manually reviewed product record states: “Farmers, agricultural enterprises and eligible rural borrowers”.
Source
Financing Four Wheeler Loans to Farmer — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗
Interest rateOne-year MCLR + Strategic Premium + 0.25% for loans to farmers to purchase a four-wheeler.View source
The bank publishes a farmer-specific spread for loans used to purchase four-wheelers.
Source
Priority Sector Loans Interest Rates — Bank of Baroda
Page / section
Interest Rate on Agriculture & Other Priority Sector Advances — D.6
Accessed
27 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • New four-wheeler purchase for farm pre- and post-harvest activities, transporting the farmer's own produce and personal use.

Eligibility

  • Farmers, including allied-activity farmers, with sufficient family income for repayment and land-based income as the main source
  • minimum 4 acres of perennially irrigated land or 8 acres of seasonally irrigated land.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Aadhaar
  • voter
  • card
  • driving licence

Related official documents

Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
↗
Financing Four Wheeler Loans to Farmer — Bank of Baroda official product pageofficial-product-page · current · accessed 30 Aug 2026
↗
Priority Sector Loans Interest Rates — Farm Credit A.1 schedule and scope footnoteofficial-interest-rate-page · Targeted current A.1 comparison; product-page rate rows remain primary and tariff scope is explicitly qualified · accessed 28 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Vehicle · Published detailAny new four-wheeler

This value is copied from Farmer four-wheeler loan — complete published terms. Check the table notes before relying on it.

Source: Financing Four Wheeler Loans to Farmer · Benefits; Features; Eligibility; Document Required; Fees & Charges; Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 14 rows · 2 columnsFarmer four-wheeler loan — complete published termsStructured capture of every material eligibility, facility, charge, rate, repayment, security and document item on the official page.View tableHide table

Scroll sideways to view every column

Farmer four-wheeler loan — complete published terms
TermPublished detail
VehicleAny new four-wheeler
Permitted useFarm pre-/post-harvest activities; transport of own farm produce; personal use
Eligible borrowerFarmers, including allied-activity farmers, with family income sufficient for repayment and land-based main income
LandholdingAt least 4 acres perennially irrigated or 8 acres seasonally irrigated land
Maximum loan₹30 lakh for a new vehicle
AgeMinimum 21 years; maximum 70 years at facility availing; legal-heir co-borrower if applicant/landholder exceeds 70
Interest rateOne-year + + 0.25%
Repayment7 years; monthly, quarterly, half-yearly or yearly instalments based on cropping pattern/income
SecurityComposite hypothecation agreement for agricultural advances
Processing feeUp to ₹10 lakh: ₹1,500 + ; above ₹10 lakh: ₹2,000 +
Inspection feeNil for aggregate loan limit up to ₹3 lakh
Documents; passport photo; quotation/invoice if available; land records; if available
TurnoverNo annual turnover threshold published
GeographyRural India positioning; no narrower territorial restriction published
  • The page does not publish an annual turnover threshold or a separate minimum loan amount.
Financing Four Wheeler Loans to Farmer · Benefits; Features; Eligibility; Document Required; Fees & Charges; · accessed 30 Aug 2026Open official source ↗
Table 2 · 1 row · 3 columnsFarmer four-wheeler loan — interest rateThis rate row explicitly identifies the farmer borrower and four-wheeler purchase purpose.View tableHide table

Scroll sideways to view every column

Farmer four-wheeler loan — interest rate
Schedule clauseFacilityRate
D.6Loan to a farmer for purchase of a four-wheelerOne-year + Strategic Premium + 0.25%
Priority Sector Loans Interest Rates — Bank of Baroda · Interest Rate on Agriculture & Other Priority Sector Advances — D.6 · accessed 27 Sept 2026Open official source ↗

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