Baroda Gold Card

Features Of The Product

Who are Eligible

  • All exporters, including those in small and medium sectors, having a good track record and credit worthiness depending on the credit Rating done as per bank's norms.
  • The account should be "Standard" continuously for three years and should not be in the caution list of ECGC or RBI.
  • However, export firms making losses for the past three years or having overdue export bills in excess of 10% of the current years' turnover are not eligible for Gold Card.


  • Based on the credit needs of the exporter appropriate limits for both Pre-shipment/Post shipment will be sanctioned for a period of three years subject to annual review of account.
  • A stand-by limit of not less than 20 percent of the assessed limit may be made additionally granted for facilitating urgent credit needs for executing sudden orders.
  • Norms for inventory may be relaxed in case of unanticipated export orders, taking into account the size and nature of the export order.

Rate of Interest

  • Base Rate plus 0.75/1.00 % (as per internal credit rating) in case of Rupee Credit or LIBOR plus 350 bps for FC export credit.
  • Concessional rate of interest is available on Post-shipment rupee export credit for 365 days as against the applicable period of 90 days at present.

Concession in Charges

  • 10% concession will be given to cardholders in commission and exchange.


  • The Gold Card will be issued for a period of three years and will be renewed for a further period of 3 years unless any adverse/irregularities are noticed.

Other Features

Preference will be given for grant of PCFC.

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