Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Equipment financedPurchase of new tractors, tractor-drawn implements, power tillers and other agricultural machines.View source
The official Features section lists a new tractor, tractor-drawn implements, power tillers and other agricultural machines as financed equipment.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- Features, HTML lines 151–158
- Accessed
- 28 Sept 2026
- Confidence
- high
Land and horsepower eligibilityAt least 4 acres of irrigated land, or the corresponding acreage under the applicable state land-ceiling category. For holdings below 6 irrigated acres, only tractors up to 35 HP are eligible.View source
The eligibility bullets publish the irrigated-land/state-ceiling rule and the lower-landholding horsepower cap.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- Eligibility Criteria, HTML lines 159–162
- Accessed
- 28 Sept 2026
- Confidence
- high
Eligible borrowersFarmers meeting the published irrigated-land or corresponding state land-ceiling acreage rule.View source
The current page's eligibility criteria are expressly landholding tests for farmers; it does not support the old generic 'agricultural enterprises and eligible rural borrowers' segment.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- Eligibility Criteria, HTML lines 159–162
- Accessed
- 28 Sept 2026
- Confidence
- high
Minimum marginMinimum 25%.View source
The margin row states 'Minimum 25%'.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- — Margin, HTML line 188
- Accessed
- 28 Sept 2026
- Confidence
- high
Repayment periodLinked to landholding, up to 9 years. Repayment may be quarterly, half-yearly or yearly depending on the farmer's income pattern.View source
The states that repayment is linked to landholding and up to nine years; the frequency row allows quarterly, half-yearly or yearly repayments according to income flow.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- — Repayment Period and Repayment Capacity, HTML lines 189–198
- Accessed
- 28 Sept 2026
- Confidence
- high
Published rate bandsUp to ₹3,00,000: one-year MCLR + Strategic Premium. Above ₹3,00,000 and below ₹25,00,000: +1.25%. At ₹25,00,000 and above: +2.00% for loans under 3 years, +2.10% for 3–5 years and +2.15% above 5–7 years. The product page permits repayment up to 9 years but publishes no rate band beyond 7 years. Central Farm Credit A.1.3 shows longer-tenor rows only with a narrower named-borrower and ₹2-crore aggregate-limit scope not established for every applicant here; no 8–9-year formula is assigned.View source
The product-specific publishes the listed amount/tenor formulas. The current central tariff carries further A.1.3 term bands, but its footnote restricts ≥₹25-lakh pricing to corporate farmers, / , partnerships and farmer co-operatives directly engaged in agriculture/ allied activities, up to ₹2 crore aggregate exposure per borrower. The product page does not establish that scope for every eligible farmer, so a longer tenor rate is not inferred.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- — Rate of Interest, HTML lines 190–197; central Priority Sector tariff A.1.1–A.1.3.2.4 and A.1.3 borrower-scope footnote, HTML lines 218–235
- Accessed
- 28 Sept 2026
- Confidence
- high
Processing and inspection chargesProcessing: nil up to ₹3,00,000 aggregate agriculture exposure; above ₹3,00,000, 1% of the sanctioned limit, capped at ₹1,00,00,000. Inspection: nil up to ₹3,00,000; ₹250 above ₹3,00,000 to ₹10,00,000; ₹1,000 above ₹10,00,000 to ₹1,00,00,000; ₹5,000 above ₹1,00,00,000. The general Agriculture and Advances tariff also mentions GST-exclusive service charges and actual inspection conveyance/
The product page provides the fee/inspection bands. The general agriculture tariff shows the same relevant fee tiers, marks charges excluding , states actual conveyance/out-of-pocket inspection expenses are additionally recoverable, and lets scheme-specific circulars override the general rows. The product page does not settle whether the general tax/expense additions apply to this scheme.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- Product page Fees & Charges, HTML lines 170–185; general Agriculture and Advances charges, HTML lines 1256–1269
- Accessed
- 28 Sept 2026
- Confidence
- high
Required documentsKYC documents such as Aadhaar, Voter ID, PAN Card or Driving Licence; passport-size photo; quotation/invoice; land records; and IT Return.View source
The product page's five document groups are retained as the product-specific list. The official forms index links only the general agriculture-credit application, not a tractor-specific checklist; the linked form's indicative checklist may be adjusted by the Bank and is not promoted to a fixed tractor requirement.
- Source
- Financing Tractors and Heavy Agriculture Machinery — Bank of Baroda
- Page / section
- Document Required, HTML lines 163–169; Business forms Rural & Agri list, HTML lines 178–188; general agriculture-credit pp.1–7
- Accessed
- 28 Sept 2026
- Confidence
- high
Benefits and features
- Minimum borrower margin: 25%.
- Repayment may be quarterly, half-yearly or yearly according to the farmer's income pattern.
- Processing and inspection charges are nil up to aggregate agriculture exposure of ₹3,00,000.
Eligibility
- Minimum 4 acres of irrigated land, or the corresponding acreage prescribed for the land category under the state land-ceiling act.
- For farmers holding less than 6 irrigated acres, only tractors up to 35 HP are eligible.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- documents (Aadhaar, Voter , Card, Driving Licence, etc.)
- Passport-size photo
- Quotation/invoice
- Land records
- IT Return
Related official documents
Loan Application Form for Agricultural Creditofficial-pdf · Full text and visual review complete; general agricultural-term-loan application, not a tractor-specific pricing or security schedule. · accessed 28 Sept 2026
↗Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
↗Service Charges — current Agriculture and Advances scheduleofficial-service-charge-page · Targeted Agriculture and Advances subsection reviewed; D.1 charge applicability remains unpublished because its facility type is not stated. · accessed 28 Sept 2026
↗Download Forms — Bank of Baroda Business and Rural & Agri forms catalogueofficial-forms-catalogue-page · Current Rural & Agri forms index reviewed; it links the general agricultural-credit form and no tractor-specific form. · accessed 28 Sept 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
↗Financing Tractors and Heavy Agriculture Machinery — current official product pageofficial-product-page · Current rate/applicability checked; full product review remains open · accessed 27 Sept 2026
↗Financing Tractors and Heavy Agriculture Machinery — current official product pageofficial-product-page · Current substantive product-page review complete; rate applicability above seven years and fee tax/additional-expense treatment remain unresolved; linked artwork fetch is separately blocked. · accessed 28 Sept 2026
↗Financing Tractors and Heavy Agriculture Machinery — exact official spotlight artworkofficial-product-image · blocked — official image fetch returned Cache miss and no exact local asset exists · accessed 28 Sept 2026
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