| Base Rate (per annum) w.e.f. 01.07.2010 |
8.00%
|
|
Our BPLR for all the existing accounts is 12.50 % per annum w.e.f from 06.08.2010
» Wholesale
Rate of interest for Wholesale segment w.e.f 01.07.2010
| Rating |
Rate of Interest |
| CR-1 |
Base Rate + 4.25% |
| CR-2 |
Base Rate + 4.50% |
| CR-3 |
Base Rate + 5.00% |
| CR-4 |
Base Rate + 5.50% |
| CR-5 |
Base Rate + 6.25% |
| CR-6 |
Base Rate + 6.75% |
| CR-7,8,9,10 |
Base Rate + 7.00% |
| Rate of interest on Bill Discounted under LC for all categories |
| Particulars |
Rate of interest |
| 1. When Bills Discounted are under Letter of Credit of our Bank/other prime Banks |
| a. Having contractual maturity from 1 to 90 days. |
0.50% above Base Rate, i.e. 8.50% p.a. at present. |
| b. Having contractual maturity from 91 to 180 days. |
0.75% above Base Rate, i.e. 8.75 % p.a. at present. |
| c. Having contractual maturity more than 180 days upto 1 year(Our Bank's LC) |
4.00% above Base Rate i.e.12.00% p.a at present. |
| d. Having contractual maturity more than 180 days upto 1 year (Other Bank's LC) |
4.50% above Base Rate, i.e. 12.50% p.a. at present. |
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» Retail Loans
Interest Rate w.e.f 01.07.2010
Interest rates on all retail loans are subject to stipulation of minimum applicable interest rate and that minimum interest rate will be the interest rate applicable as on date of sanction of the loan.
| Baroda Home Loan to Individuals / NRIs / PIOs |
Fixed Rate option |
Not Available |
| Floating Rate option |
| Repayment Period |
Up to Rs. 30 Lacs |
Above Rs. 30 Lacs |
| Upto 5 years |
0.50% above Base Rate i.e. 8.50% |
1.25% above Base Rate i.e. 9.25% |
| Over 5 years & up to 15 years |
0.75% above Base Rate i.e. 8.75% |
1.50% above Base Rate i.e. 9.50% |
| Over 15 years & up to 25 yrs |
1.00% above Base Rate i.e9.00% |
1.75% above Base Rate i.e.9.75% |
| Baroda Home Improvement Loan |
|
2.50% above Base Rate i.e. 10.50%. |
| Baroda Additional Assured Advance (AAA) (Resident / NRIs / PIOs) |
|
6.50% above Base Rate 14.50%
|
| Baroda Mortgage Loan (Realigned Product) |
|
5.25% above Base Rate i.e.13.25% |
| Baroda Ashray (Reverse Mortgage) |
| Fixed Rate Option: |
Not Available |
| Floating Rate Option |
1.75% Above Base Rate i.e. 9.75% p.a |
| Baroda Traders Loan (irrespective of loan limit/OD/TL) |
|
4.00 % above Base Rate i.e.12.00% |
| Baroda Loan to Doctors |
| Upto Rs.2/- lacs |
3.00 % above Base Rate i.e. 11.00%. |
| Above Rs.2.lacs |
2.50 % above Base Rate i.e. 10.50%. |
| Baroda Education Loan |
| Loans upto Rs.4.00 lacs |
2.00% above Base Rate i.e. 10.00%. |
| Loans above Rs.4.00 lacs |
4.00% above Base Rate i.e. 12.00%. |
| Baroda Career Development |
|
4.75% Above Base Rate i.e. 12.75% |
| Baroda Loan for Training, Skill Upgradation of Construction workers |
|
5.00% Above Base Rate i.e. 13.00%
|
| Baroda Auto Loan |
| Baroda Car Loan |
| Loan Limit upto Rs.15.00 lacs |
2.50% above Base Rate i.e. 10.50% |
| Baroda Car Loan to HNIs / Corporate |
| Over Rs.15.00 lacs |
3.25% above Base Rate i.e. 11.25% |
| Baroda Loan for Two Wheelers |
|
4.00% above Base Rate i.e. 12.00%. |
| Baroda Advance Against Securities |
| A |
Against NSC/KVP |
Loan: 3.50% above Base Rate or 0.50% over NSC / KVP rate, whichever is higher
Overdraft: 4.00% above Base Rate or 0.75% over NSC / KVP, whichever is higher |
| B |
Life Insurance Policy / Relief Bonds |
Loan: 3.50% above Base Rate i.e. 11.50 %
Overdraft: 4.00% above Base Rate i.e. 12.00%. |
| Baroda Personal Loan |
| 6.50% above Base Rate i.e. 14.50% |
| Except for following Purpose |
| Loan to Pensioners: 5.25% above Base Rate i.e. 13.25%
Loan to Defence Pensioners: 5.25% above Base Rate i.e. 13.25%
Loan for Earnest Money Deposit: 3.25% above Base Rate i.e. 11.25% |
| Baroda Salary Advantage Savings Account |
|
5.50% above Base Rate i.e.13.50% |
| Baroda Loan Against Future Rent Receivables |
|
6.50% above Base Rate i.e.14.50% |
Loan against Bank's own Deposit (LABOD) - For advances below Rs. 1 Crore
| Category |
Loan to depositor |
Loan to third party |
| Domestic (Public) |
1.50% over deposit rate |
2% over deposit rate or 3.50% above Base Rate, whichever is higher. |
| Senior Citizens |
1.25% over deposit rate |
Not applicable |
| NRE Deposits (Public) # |
1.50% over deposit rate |
2% over deposit rate or 3.50% above Base Rate, whichever is higher. |
# Maximum loan amount subject to current RBI/FEMA guidelines.
Loan against Bank's own Deposit (LABOD) - For advances of Rs. 1 Crore and above
| Category |
Loan to depositor |
Loan to third party |
| Domestic (Public) |
1.75% over deposit rate |
2.25% over deposit rate or 3.50% above Base Rate, whichever is higher. |
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» Priority Sector
| Sr. No. |
Parameter |
Interest rate (per annum)
w.e.f. 01.07.2010 |
| 1. |
Direct Agriculture |
|
| 1.1 |
Crop loans/ Production Credit |
|
| 1.1.1 |
Crop loans/Production Credit up to Rs. 3 lacs. |
7.00% p.a. (Fixed) *
*Subject to Govt. of India provides subvention to Banks on such advances. Otherwise as mentioned above:
Upto Rs.50,000: 0.50% above Base Rate
Above Rs. 50,000 upto Rs.2 lacs: 1.25% above Base Rate
Above Rs.2 lacs upto Rs.3 lacs : 2.25% above Base Rate |
| 1.1.2 |
Crop loans/Production Credit Above Rs. 3 lacs and upto Rs. 10 lacs. |
2.75% above Base Rate |
| 1.1.3 |
Crop loans/Production loans above Rs. 10 lacs. |
3.75% above Base Rate |
| 1.2 |
Investment loans (Based on aggregate limits combined with production credit) |
| 1.2.1 |
Upto Rs.50,000. |
1.00% above Base Rate |
| 1.2.2 |
Above Rs.50,000 upto Rs. 2 lacs |
1.75% above Base Rate |
| 1.2.3 |
Above Rs. 2 lacs upto Rs.10 lacs. |
2.75% above Base Rate |
| 1.2.4 |
Above Rs. 10 lacs |
3.75% above Base Rate |
| 2 |
Indirect Agriculture/Other Priority Sector (Other than Housing Loans, Retail Lending Products & SME) |
| 2.1 |
Finance to PACS/FSS/LAMPS for on lending to farmers irrespective of loan limit/purpose. |
0.50% above Base Rate |
| 2.2 |
Finance to SHGs irrespective of loan limit/purpose |
1.00% above Base Rate |
| 2.3 |
Finance to others not mentioned above |
| 2.3.1 |
Loans upto Rs.50,000 |
1.00% above Base Rate |
| 2.3.2 |
Above Rs.50,000 to Rs. 2 lacs. |
1.50% above Base Rate |
| 2.3.3 |
Above Rs.2 lacs but less than Rs. 25 lacs. |
3.75% above Base Rate The pricing is delinked from credit rating. However, the credit rating is to be carried out to ascertain the risk profile of the portfolio. |
| 2.3.4 |
Rs. 25 lacs and above. |
Ranging from 3.15% above Base Rate to 5.00% above Base Rate for loans depending upon credit rating of individual borrower irrespective of the tenure as mentioned above. |
| 2.3.4.1 |
For Indirect Agriculture |
| |
As per CRISIL Model |
Irrespective of Tenure of Loan |
| |
CR1 |
3.15% above Base Rate |
| |
CR2 |
3.50% above Base Rate |
| |
CR3 |
3.75% above Base Rate |
| |
CR4 |
4.00% above Base Rate |
| |
CR5 |
4.50% above Base Rate |
| |
CR 6, 7, 8, 9 & 10 |
5.00% above Base Rate |
| 2.3.4.2 |
Other Priority Sector |
| |
As per CRISIL Model |
Irrespective of Tenure of Loan |
| |
CR1 |
3.15% above Base Rate |
| |
CR2 |
3.50% above Base Rate |
| |
CR3 |
3.75% above Base Rate |
| |
CR4 |
4.50% above Base Rate |
| |
CR 5, 6, 7, 8, 9 & 10 |
5.00% above Base Rate |
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Interest rates applicable for domestic credit (Micro, Small & Medium Enterprises) w.e.f 01.07.2010
» Micro / Small Enterprises
| Loan Limit |
For Micro Enterprises |
For Small Enterprises |
| Upto Rs. 50,000 |
At Base Rate |
0.50% above Base Rate |
| Above Rs. 50,000 upto Rs. 2.00 lacs |
0.50% above Base Rate |
1.00% above Base Rate |
| Above Rs.2 lacs but less than Rs.25 lacs |
2.75% above Base Rate |
3.25% above Base Rate |
On SME advances of Rs.25.00 lacs and abovee
| Credit Rating |
For Micro Enterprises |
For Small Enterprises |
| Fund Based Limits upto Rs.10 crores |
Fund Based Limits above Rs.10 crores |
| CR1 |
2.15% above Base Rate |
2.65% above Base Rate. |
3.15% above Base Rate |
| CR2 |
2.50% above Base Rate. |
3.00% above Base Rate. |
3.50% above Base Rate. |
| CR3 |
2.75% above Base Rate. |
3.25% above Base Rate. |
3.75% above Base Rate. |
| CR4 |
3.00% above Base Rate |
3.50% above Base Rate. |
4.00% above Base Rate |
| CR5 |
3.50% above Base Rate. |
4.00% above Base Rate |
4.50% above Base Rate |
| CR 6, 7, 8, 9 & 10 |
4.00% above Base Rate |
4.50% above Base Rate |
5.00% above Base Rate |
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» Medium Enterprises :
I. For advances over Rs. 2/- lacs and less than Rs. 25/- lacs : 3.75% above Base Rate
| II. For advances of Rs. 25/- lacs and above : |
| Credit Rating |
Fund Based Limits upto Rs.10 crores |
Fund Based Limits above Rs.10 crores |
| CR1 |
2.90% above Base Rate |
3.40% above Base Rate |
| CR2 |
3.25% above Base Rate |
3.75% above Base Rate |
| CR3 |
3.75% above Base Rate |
4.25% above Base Rate |
| CR4 |
4.25% above Base Rate |
4.75% above Base Rate |
| CR5 |
5.00% above Base Rate |
5.50% above Base Rate |
| CR 6, 7, 8, 9, 10 |
5.75% above Base Rate |
6.25% above Base Rate |
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» Export Credit - (Interest rates w.e.f 01.07.2010)
Interest rates for Normal Exporters
| Categories of Rupee Export Credit |
Credit Rating |
Rate of Interest |
| Pre-Shipment Credit |
| (a) Up to 270 days |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| (b) Against incentives receivable from Govt. (Covered by ECGC guarantee) upto 90 days. |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| Post-Shipment Credit |
| a) On Demand Bills for transit period (as specified by FEDAI) |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| (b) Against Usance bills upto notional due date or actual due date, whichever is earlier (for total period comprising of usance period of export bills, transit period as specified by FEDAI and grace period wherever applicable |
|
|
| i) Upto 180 days from the date of advance |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| c) Against incentives receivable from Govt. (covered by ECGC Guarantee) upto 90 days |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| d) Against undrawn balance (upto 90 days) |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| e) Against retention money (for supplies portion only) payable within one year from the date of shipment (upto 90 days) |
CR 1 to CR 3 |
1.00% above Base Rate i.e, 9.00% |
| CR 4 to CR 6 |
1.25% above Base Rate i.e, 9.25% |
| CR 7 to CR 10 |
1.50% above Base Rate i.e, 9.50% |
| Export Credit Not Otherwise Specified (ECNOS)* |
| (a) |
Pre-Shipment Credit |
7.00% above Base Rate i.e, 15.00% |
| (b) |
Post-Shipment Credit |
7.00% above Base Rate i.e, 15.00% |
Interest Rates on Export Credit in Foreign Currency (w.e.f. 19.02.2010)
| |
Rate of Interest |
Pre shipment and Post shipment |
LIBOR plus 200 basis points |
Interest rates for Gold Card Holders
| Categories of Rupee Export Credit |
Credit Rating |
Rate of Interest |
| Pre-Shipment Credit |
| (a) Up to 270 days |
CR 1 to CR 3 |
0.75% above Base Rate i.e, 8.75% |
| CR 4 to CR 6 |
1.00% above Base Rate i.e, 9.00% |
| CR 7 to CR 10 |
NOT ELIGIBLE |
| Post-Shipment Credit |
| (a) Up to 365 days |
CR 1 to CR 3 |
0.75% above Base Rate i.e, 8.75% |
| CR 4 to CR 6 |
1.00% above Base Rate i.e, 9.00% |
| CR 7 to CR 10 |
NOT ELIGIBLE |
Penal Interest Rate : In the event of non-compliance with any of the terms or conditions of the sanction , penal interest upto a maximum of 2% over and above the contracted rate , will be charged to the borrower |
