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The Bank sanctioned agri loans of more than Rs 3,300 crore during the Baroda Kisan Pakhwada
Mumbai, January 23rd, 2025: Bank of Baroda (Bank), one of India’s leading public sector banks, concluded the 7th edition of its flagship rural outreach programme, ‘Baroda Kisan Pakhwada’ on a high note. Through the fortnight-long initiative, the Bank connected with over 348,000 farmers across the country and cumulatively sanctioned agri loans of over Rs 3,300 crore. Through a combination of mega kisan melas, choupals, health camps and other drives, the Bank showcased its strong ties with the agricultural community.
As a part of the Baroda Kisan Pakhwada programme, Bank of Baroda organised outreach events across its 22 zones and 119 regions pan-India, with the ‘Baroda Kisan Rath’ travelling across the country to raise awareness and to share information on the Bank’s agriculture lending products & services as well as Government initiatives, such as lending schemes under the Atmanirbhar Bharat Package, micro insurance, social security schemes etc. The Bank also felicitated progressive farmers, entrepreneurs and customers for their contributions to the sector.
This year’s theme focused on leveraging technology to empower Indian farmers and the Bank introduced two digital initiatives – the Digital Baroda Kisan Credit Card (BKCC) and Digital Gold Loan to facilitate seamless access of credit to farmers.
Speaking on the occasion, Shri Lal Singh, Executive Director, Bank of Baroda said, “The success of Baroda Kisan Pakhwada underlines our unwavering commitment to India’s agriculture community. Through our digital initiatives like Digital BKCC and Digital Gold Loan, our aim is to simplify access to credit, making banking services more accessible and convenient for farmers. Through the Baroda Kisan Pakhwada, we have helped create a strong awareness on the range of offerings available with the Bank, thus empowering farmers to take advantage of financial schemes that will fuel their growth.”
Bank of Baroda’s lending to the agriculture sector stands at Rs 144,508 crore as on September 30, 2024, recording a 10.6% year-on-year growth.
To apply for Digital Baroda Kisan Credit Card in Do it Yourself (DIY) mode and avail credit, customers can visit – https://dil2.bankofbaroda.co.in/kl.
To apply for Digital Gold Loan, customers can visit – https://dil2.bankofbaroda.co.in/gl/gl/home#!.
To apply for an Agri Loan from Bank of Baroda, customers can visit – https://bit.ly/AGRILoans.
