Through Baroda Kisan Pakhwada, the Bank engages with farmers and creates awareness of various agri initiatives taken by the Bank as well as agri products & schemes offered
The Bank organised a Farmers’ Programme in Madurai as a part of the Baroda Kisan Pakhwada programme; Activates 5 mobile vans to dispense information on various agri products/schemes
Madurai/Chennai, November 22, 2023: Bank of Baroda (Bank), one of India’s leading public sector banks, announced the launch of the 6th edition of Baroda Kisan Pakhwada in Tamil Nadu, the Bank’s annual, fortnight long engagement programme focused on the Indian agrarian economy. The farmer engagement programme takes place from November 16, 2023, and concludes on November 30, 2023, with the Baroda Kisan Diwas celebrations.
The Bank’s Chennai Zone organised a Farmers’ Programme at Nallampatti Village, Dindigul, Madurai as a part of the Baroda Kisan Pakhwada. The event was inaugurated by Shri Saravanakumar A, Zonal Head – Chennai Zone, Bank of Baroda and Shri Jaikishan M, Regional Manager – Madurai Region, Bank of Baroda.
The event was attended by a number of dignitaries like the President of the Nallampatti Milk Society, President of the Sirumalai Farmers Society & the President of the Panchayat of Nallampatti village. During the event, Self Help Groups (SHG) were felicitated, followed by the handing over of in-principle sanction letters to various beneficiaries. The event concluded with the waving of the flag to commence the Baroda Kisan Raths which will cover various clusters of villages in Tamil Nadu.
Speaking on the occasion, Shri Saravanakumar A, Zonal Head – Chennai Zone, Bank of Baroda, said, “Bank of Baroda has a loyal and strong base of agri customers and is one of the leading banks servicing the agriculture sector. We are pleased to organise this Farmers’ Programme in Madurai. In Chennai zone, over 160 branches will participate in this year’s Baroda Kisan Pakhwada, which will help us to boost engagement with the farming community and fulfil the banking & financing requirements of our esteemed agri customers.”
Bank of Baroda has also organised five mobile vans in Tamil Nadu which are being activated to cover villages, town panchayats and markets in Chennai Rural, Madurai, Coimbatore, Trichy and Puducherry. One officer will accompany each van, which will dispense information on various agriculture schemes and loan products, accept loan applications and spread awareness about the Baroda Kisan Pakhwada.
Bank of Baroda has 315 branches in Tamil Nadu, of which 161 are semi-urban/ rural branches. Advances to the agri sector in Tamil Nadu zone have grown year-on-year by 21.4% as on 30th September 2023.
During the Baroda Kisan Pakhwada, Bank of Baroda will reach out to farmers and create awareness about various initiatives such as the Kisan Credit Card drive in the name of “Ghar-Ghar KCC Abhiyaan” as well as create awareness on agri products, schemes/offers and delivery channels offered by Bank of Baroda for the benefit of the farming community. The event will also help to promote various Atmanirbhar Bharat schemes introduced by the Government of India such as the Agriculture Infrastructure Fund (AIF), Animal Husbandry Infrastructure Development Fund (AHIDF), Pradhan Mantri Matsya Sampada Yojana (PMMSY), PM Formalisation of Micro Food Processing Enterprises Scheme (PM-FME), etc.
To apply for an agri loan from Bank of Baroda, customers can visit – https://bit.ly/AGRILoans