Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Eligible plantersPlanters, cultivators and tenant farmers engaged in plantation activities; companies, partnership firms and HUFs involved in plantations. Coffee planters must provide the original Coffee Registration Certificate.View source
The official eligibility section publishes borrower categories and the coffee certificate condition.
- Source
- Planters Card Scheme
- Page / section
- Eligibility Criteria
- Accessed
- 23 Aug 2026
- Confidence
- high
Eligible customer typesPlanters, cultivators and tenant farmers engaged in plantation activities; companies, partnership firms and Hindu undivided families involved in plantations. Coffee planters must provide the original Coffee Registration Certificate.View source
The current eligibility section lists the eligible planter/farmer types and entities and separately requires the original Coffee Registration Certificate from coffee planters.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Eligibility Criteria
- Accessed
- 28 Sept 2026
- Confidence
- high
Permitted usesCredit for coffee, inter-crops and other plantation crops; post-harvest expenses and produce marketing; household consumption; maintenance of farm assets; allied activities such as dairy, poultry and inland fisheries; and crop, asset or health-insurance premiums.View source
The Features section gives these crop and related-use purposes.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Features
- Accessed
- 28 Sept 2026
- Confidence
- high
Annual limit basisThe annual limit follows the scale of finance approved by the DLTC. If that scale is insufficient for a modern package with higher input costs, up to 25% above the scale may be considered on request and on the merits of the case. Up to 40% of total crop-production requirement may cover post-harvest and consumption needs.View source
The sets the annual-limit basis, conditional additional amount and post-harvest/consumption share; it does not state one universal rupee ceiling.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- — Quantum of Loan
- Accessed
- 28 Sept 2026
- Confidence
- high
Card validityFive years.View source
The says the card is valid for five years; it does not give a repayment schedule in this row.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- — Repayment/Validity/Renewal
- Accessed
- 28 Sept 2026
- Confidence
- high
Interest on positive balanceThe Savings Bank rate is paid on credit balances maintained in the Planters Card account.View source
This is interest paid to the customer on a positive account balance, not the interest charged on borrowing.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Benefits; — Interest on Credit Balance
- Accessed
- 28 Sept 2026
- Confidence
- high
MarginCrops with a DLTC-notified scale of finance: no margin. For crops without a notified scale, estimated cultivation cost up to ₹1 lakh: no margin; above ₹1 lakh: 15%–25%, depending on purpose and loan quantum. Term-loan component up to ₹1 lakh: no margin; above ₹1 lakh: 15%–25%, depending on purpose and loan quantum.View source
The distinguishes notified-scale crops, non-notified crop cultivation costs and the term-loan component. The previous fact mixed these margin values with security conditions; security is now separate.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- — Margin
- Accessed
- 28 Sept 2026
- Confidence
- high
SecurityFor loans up to ₹1.60 lakh: hypothecation of crops. Above ₹1.60 lakh: crop hypothecation plus mortgage of land or creation of a charge on landed property where state statutes permit it, subject to legal opinion. For the term-loan component up to ₹1.60 lakh, assets created from the loan and the crop are hypothecated; above ₹1.60 lakh, crops and loan-created assets are hypothecated with land mortgage/
The gives separate card and term-loan security rules; land mortgage/charge is conditional on state statutes and legal opinion.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- — Security
- Accessed
- 28 Sept 2026
- Confidence
- high
Processing feeNil for aggregate agriculture exposure up to ₹3 lakh. For working capital (fresh/
The page publishes separate working-capital processing slabs and a cap; is explicitly stated for the ₹250-per-lakh slab.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Fees & Charges — Processing charges
- Accessed
- 28 Sept 2026
- Confidence
- high
Inspection feeNil for agriculture exposure up to ₹3 lakh; above ₹3 lakh to ₹10 lakh: ₹250; above ₹10 lakh to ₹1 crore: ₹500; above ₹1 crore: ₹1,000.View source
The current page sets four inspection-charge exposure bands.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Fees & Charges — Inspection charges
- Accessed
- 28 Sept 2026
- Confidence
- high
Required documentsKYC documents (Aadhaar, Voter ID, PAN Card, Driving Licence etc.); passport-size photograph; quotation/invoice if available; land records; project report if available; and, where applicable, agricultural-income-tax, income-tax or wealth-tax assessment orders, tax-paid receipts, relevant returns or an auditor's certificate with tax details. Coffee planters must provide the original Coffee Registration Certificate.View source
The page lists the general document groups and marks tax records as applicable, quotation/invoice and project report as conditional, plus the specific coffee-planter certificate.
- Source
- Planters Card Scheme — Bank of Baroda
- Page / section
- Document Required; Eligibility Criteria
- Accessed
- 28 Sept 2026
- Confidence
- high
Interest rateBank of Baroda Farm Credit schedule: up to ₹3 lakh, crop-credit is 7.00% p.a. fixed only while Government of India interest subvention is provided to the Bank; otherwise one-year MCLR + SP (currently indicative 9.00% p.a.). The same 9.00% benchmark applies to other-than-crop credit in this band. Above ₹3 lakh and below ₹25 lakh: one-year MCLR + SP + 1.25% (currently indicative 10.25% p.a.). At ₹25 lakh and above, the listed term-loan spreads are +2.10% (3–5 years), +2.15% (above 5–7 years), +1.85% (above 7–10 years) or +2.65% (above 10 years); current indicative rates are 11.10%, 11.15%, 10.85% and 11.65% p.a. The high-limit rows are restricted by the Bank's borrower-scope footnote to named borrower classes and aggregate exposure up to ₹2 crore per borrower. Planters MITC labels the facility “Term Loan” but gives five-year card validity, not repayment tenor; borrower classification and sanctioned repayment tenor determine the applicable rate. The benchmark calculation uses one-year MCLR 8.75% effective 12 September 2026 and SP 0.25% displayed by BOB on 28 September 2026; no separate SP effective date is stated.View source
describes Planters Card as short-term credit for coffee, inter-crops and other plantation crops; its labels the facility Term Loan. 2025 Directions para 9.1(A)(1) includes plantation crop loans and para 9.1(A)(2) includes medium/long-term farm loans. The Bank's A.1 schedule supplies amount/ facility/ tenor-based pricing. The exact sanctioned purpose/ classification, limit, borrower class and repayment tenor control; five-year card validity is not used as a loan tenor. Indicative all-in rates are arithmetic using the Bank's one-year 8.75% effective 12 September 2026 plus its currently displayed 0.25% ; the source gives no separate effective date.
- Source
- Priority Sector Loans Interest Rates — Bank of Baroda; Planters Card Scheme; Priority Sector Lending Directions 2025
- Page / section
- Farm Credit A.1.1–A.1.3.2.4 and A.1.3 borrower-scope footnote; current / inputs; Planters Features and — Nature of Facility; 2025 Directions para 9.1(A)–(B)
- Accessed
- 28 Sept 2026
- Confidence
- high
Benefits and features
- Short-term credit for coffee, inter-crops and other plantation crops, including post-harvest expenses, produce marketing, household consumption, farm-asset maintenance, dairy/poultry/inland fisheries and crop/asset/health insurance premiums.
Eligibility
- Planters, cultivators and tenant farmers engaged in plantation activities
- companies, partnership firms and involved in plantations. Coffee planters must provide the original Coffee Registration Certificate.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- document (Aadhaar, Voter , Card, Driving Licence etc.)
- Passport-size photograph
- Quotation/invoice, if available
- Land records
- Project report, if available
- Where applicable: agricultural-income-tax, income-tax or wealth-tax assessment order; tax-paid receipt; relevant return; or an auditor certificate with tax details
- Original Coffee Registration Certificate for coffee planters
Related official documents
Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
↗Interest Rates — current MCLR scheduleofficial-interest-rate-page · Current MCLR schedule section reviewed; one-year rate is 8.75% p.a. effective from 12 September 2026. · accessed 28 Sept 2026
↗MSME Loans Interest Rates — current Strategic Premium referenceofficial-interest-rate-page · Relevant rate-parameter section reviewed; current displayed Strategic Premium is 0.25%, with no separate effective-from date printed for that parameter. · accessed 28 Sept 2026
↗Planters Card Scheme — current official product pageofficial-product-page · Current applicability checked; borrowing-rate field remains unresolved · accessed 27 Sept 2026
↗Planters Card Scheme — Bank of Baroda official product pageofficial-product-page · current · accessed 30 Aug 2026
↗Planters Card Scheme — current official product pageofficial-product-page · current · 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
↗Master Directions — Priority Sector Lending: Targets and Classification, 2025official-regulatory-direction · current targeted Farm Credit classification cross-check · accessed 28 Sept 2026
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