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» Retail Loans

Baroda Housing Loan to Individuals / NRIs / PIOs (Interest rates are p.a., with monthly rest) (w.e.f. 01.07.2008)

Fixed Rate option	Up to Rs. 30 Lacs	Above Rs. 30 Lacs
Upto 5 years	11.00%	11.25%
Over 5 years & up to 10 years	11.25%	11.50%
Over 10 years & up to 15 yrs	11.50%	11.75%
Floating Rate Option
Up to 5 years	3.25% Below BPLR i.e. 10.00%	3% Below BPLR i.e. 10.25%
Over 5 years up to 15 years	3% Below BPLR i.e. 10.25%	2.75% Below BPLR i.e. 10.50%
Over 15 years up to 25 years	2.75% Below BPLR i.e. 10.50%	2.50% Below BPLR i.e. 10.75%

Baroda Home Improvement Loan (w.e.f. 01.07.2008)

2.00% below BPLR i.e. 11.25%

Baroda Advance Against Property (Resident/NRI) (w.e.f. 01.07.2008)

Existing as on 14.02.07 : 1.00% above BPLR i.e.14.25% For advances sanctioned w.e.f. 15.02.07 and upto 31.12.2007 $ : 1.50% above BPLR i.e.14.75%. Advances sanctioned w.e.f. 01.01.2008 # : BPLR i.e. 13.25%.

Baroda Traders Loan (w.e.f. 01.07.2008)
Upto Rs.2/- lacs	0.50% below BPLR i.e. 12.75%.
Above Rs.2.lacs OD and loans upto 1 year Loans more than 1 year	0.50% below BPLR i.e. 12.75% At BPLR i.e. 13.25%

Baroda Professional Loan
Upto Rs.2/- lacs	At BPLR i.e. 13.25%.
Above Rs.2.lacs	1% above BPLR i.e. 14.25%.

Baroda Loan to Doctors
Upto Rs.2/- lacs	1% below BPLR i.e. 12.25%.
Above Rs.2.lacs	1.50% below BPLR i.e. 11.75%.

Baroda Education Loan (w.e.f. 01.07.2008)

Loans upto Rs.4.00 lacs : 1.25% below BPLR i.e. 12.00% Loans above Rs.4.00 lacs : 0.75% Above BPLR i.e. 14.00%

Baroda Career Development (w.e.f. 01.07.2008)

0.75% above BPLR i.e. @ 14.00% p.a.

Baroda Loan for Training, Skill Upgradation of Construction workers (w.e.f. 01.07.2008)

1.00% Above BPLR i.e. 14.25%.

Baroda Car Loan (w.e.f. 01.07.2008)

1.75% Below BPLR i.e. 11.50%.

Baroda Vaibhav Lakshmi Loan (w.e.f. 01.07.2008)

Existing accounts as on 14.02.07 : 1.00% Above BPLR i.e. 14.25% For advances sanctioned on 15.02.07 and onwards $ : 2.5% above BPLR i.e. 15.75%

Baroda Loan to Defence Pensioners (w.e.f. 01.07.2008)

Existing accounts as on 14.02.07 : At BPLR i.e. 13.25%. For advances sanctioned on 15.02.07 and onwards : 1.5% Above BPLR i.e. 14.75%

Baroda Desh Videsh Yatra Loan (w.e.f. 01.07.2008)

Existing accounts as on 14.02.07 : At BPLR i.e. 13.25%. For advances sanctioned on 15.02.07 and onwards : 2.5% above BPLR i.e. 15.75%

Baroda Advance Against Securities
A	Against NSC/KVP	Loan: 0.50% below BPLR or 0.50% over NSC / KVP rate, whichever is higher Overdraft: At BPLR or 0.75% over NSC / KVP, whichever is higher
B	Life Insurance Policy / Relief Bonds	Loan : 0.50% below BPLR i.e. 12.75 % Overdraft: At BPLR i.e. 13.25%.

Baroda Salary Advantage Savings Account

1.50% above BPLR i.e. 14.75%

Baroda Future Rent Receivables (w.e.f. 01.07.2008)

2.50% over BPLR i.e.15.75% p.a.

Additional Assured Advance (AAA) (w.e.f. 01.07.2008)

14.25% (Fixed)*

Baroda Personal Loan (w.e.f. 01.07.2008)

16.00% (Fixed)*

Baroda Loan to Pensioners (w.e.f. 01.07.2008)

14.75% (Fixed)*

Baroda Consumer Durables Loan (w.e.f. 01.07.2008)

15.75% (Fixed)* i.e. 0.50% concession to our housing loan borrowers.

Baroda Two Wheeler Loan (w.e.f. 01.07.2008)

13.25% (Fixed)*

(0.50% concession where employer undertakes to deduct instalment & remit the same to branch).

Baroda Laptop & Personal Computers Loan (w.e.f. 01.07.2008)

12.50% (Fixed)*

Baroda Marriage Loan (w.e.f. 01.07.2008)

14.75%.(Fixed)*

Baroda Property Loan (For Semi-Urban & Rural branches) **
Upto Rs.2/- lacs	1.00% Above BPLR i.e.14.25%.
Above Rs.2.lacs	2.00% Above BPLR i.e.15.25%.

Baroda Eco Friendly Gas Kit Loan to Car Ownwers ** (w.e.f. 01.07.2008)

1% above BPLR i.e. 14.25%.

Baroda Ashray (w.e.f. 01.07.2008)

Fixed Rate Option: 11.00% p.a. (Subject to re-set clause after -5- years) Floating Rate Option: 2.25% below BPLR i.e. 11.00% p.a.

Loan for financing Individuals for subscription to Public Issues /IPO (w.e.f. 01.07.2008)

0.50% below BPLR.

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 0.50% below BPLR, 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 0.50% below BPLR, 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 0.50% below BPLR, whichever is higher.

* Rate prevailing on the date of sanction will remain fixed for the entire duration of the loan.
** These products have since been withdrawn, rates applicable for existing loans.
$ These rates will be applicable on existing overdraft a/cs from date of next review.

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» Priority Sector

Sr. No.	Parameter	Interest rate (per annum) w.e.f. 01.07.2008
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) Wherever Govt. of India provides 2% subvention to Banks on such advances. Otherwise as mentioned below: Upto Rs.50,000 3.50% < BPLR i.e 9.75% pa Above Rs.50,000 upto Rs.2 lacs 2.75% < BPLR i.e 10.50% pa Above Rs.2 lacs upto Rs.3 lacs 1.75% < BPLR i.e 11.50% pa
1.1.2	Crop loans/Production Credit above Rs. 3 lacs and upto Rs. 10 lacs.	1.25% < BPLR i.e.12.00% p.a.
1.1.3	Crop loans/Production loans above Rs. 10 lacs.	0.25% < BPLR i.e.13.00% p.a.
1.2	Investment loans (Based on aggregate limits combined with production credit)
1.2.1	Upto Rs.50,000.	3.00% < BPLR i.e.10.25% p.a.
1.2.2	Above Rs.50,000 upto Rs. 2 lacs	2.25% < BPLR i.e.11.00% p.a.
1.2.3	Above Rs. 2 lacs upto Rs.10 lacs.	1.25% < BPLR i.e. 12.00% p.a.
1.2.4	Above Rs. 10 lacs irrespective of tenure	0.25% < BPLR i.e. 13.00% p.a
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.	3.50% < BPLR i.e. 9.75% p. a.
2.2	Loans upto Rs.50,000	3.00% < BPLR i.e. 10.25% p. a.
2.3	Above Rs.50,000 to Rs. 2 lacs - irrespective of tenure	2.50% < BPLR i.e.10.75% p.a.
2.4	Above Rs.2 lacs but less than Rs. 25 lacs -	At BPLR – 0.25% i.e. 13.00% p.a. The pricing is de linked from credit rating. However credit rating is to be carried out as usual to ascertain the risk profile of the portfolio.
2.5	Rs. 25 lacs and above.	Ranging from 0.85% < BPLR i.e. 12.40% p.a. to 1.00% > BPLR i.e. 14.25% p.a. for loans depending upon credit rating of individual borrower, irrespective of tenure.
3	Finance to SHGs irrespective of loan limit/purpose	3.00% < BPLR i.e.10.25% p. a.
4	Finance to NGOs/MFI for on lending to SHGs irrespective of loan limit/purpose.	3.50% < BPLR i.e.9.75% p. a.

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» Micro / Small Enterprises

(i) For loans upto Rs.2.00 lacs

Loan Limit	Irrespective of Tenure of Loan
Upto Rs. 50,000	3% below BPLR
Above Rs. 50,000 upto Rs. 2.00 lacs	2.50% below BPLR

(ii) For loans above Rs. 2.00 lacs but less than Rs. 25.00 lacs

Irrespective of Tenure of Loan

0.25% below BPLR

(iii) For loans of Rs. 25.00 lacs and above

Credit Rating	Irrespective of Tenure of Loan
CR1	0.85% below BPLR
CR2	0.50% below BPLR
CR3	0.25% below BPLR
CR4	@ BPLR
CR5	0.50% above BPLR
CR6	1% above BPLR
CR7
CR8
CR9
CR10

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» Medium Enterprises :

I. Accounts with fund based limits over Rs. 2/- lacs and less than Rs. 25/- lacs :
Sr. No	Particulars	Irrespective of Tenure of Loan
i)	For all existing accounts as well as fresh / takeover accounts	0.25% above BPLR

II. Accounts with fund based limits of Rs. 25/- lacs and above :
Credit Rating	Irrespective of Tenure of Loan
CR1	0.60% below BPLR
CR2	0.25% below BPLR
CR3	0.25% above BPLR
CR4	0.75% above BPLR
CR5	1.50% above BPLR
CR6	2.25% above BPLR
CR7
CR8
CR9
CR10

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» Export Credit - (Interest rates w.e.f 01.07.2008)

Interest rates for Normal Exporters

Categories of Rupee Export Credit	Credit Rating **	Rate of Interest
Pre-Shipment Credit
(a) Up to 180 days	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
(b) Beyond 180 days and up to 270 days.	CR 1 to CR 3	BPLR plus 0.50% i.e., 13.75%
	CR 4 to CR 6	BPLR plus 0.50% i.e., 13.75%
	CR 7 to CR 10	BPLR plus 0.50% i.e., 13.75%
(c) Against incentives receivable from Govt. covered by ECGC Guarantee up to 90 days.	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
Post-Shipment Credit
a) On Demand Bills for transit period (as specified by FEDAI)	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
(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) Up to 90 days from the date of advance	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e. 10.00%
	CR 4 to CR 10	BPLR minus 3.00% i.e, 10.25%
ii) Beyond 90 days up to 6 months.	CR 1 to CR 3	BPLR plus 0.25% i.e., 13.50%
	CR 4 to CR 10	BPLR plus 0.50% i.e., 13.75%
c) Against incentives receivable from Govt. (covered by ECGC Guarantee) upto 90 days	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
d) Against undrawn balance (upto 90 days)	CR 1 to CR 3	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
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	BPLR minus 3.50% i.e, 9.75%
	CR 4 to CR 6	BPLR minus 3.25% i.e, 10.00%
	CR 7 to CR 10	BPLR minus 3.00% i.e, 10.25%
f) Deferred Credit for the period beyond 180 days	BPLR plus 3% i.e. 16.25
Export Credit Not Otherwise Specified (ECNOS)*
(a)	Pre-Shipment Credit	BPLR plus 3% i.e. 16.25%@
(b)	Post-Shipment Credit	BPLR plus 3% i.e. 16.25%%
@ Also applicable for the pre-shipment credit beyond 270 days. * Export Credit Not Otherwise Specified (ECNOS) are those accounts where exports do not take place within 360 days from the date of pre-shipment advance. In such cases interest should be charged from the very first day of the advance at the above-specified rate.

Interest rates for Gold Card Holders

Categories of Rupee Export Credit	Credit Rating	Rate of Interest
Pre-Shipment Credit
(a) Up to 180 days	CR 1 to CR 3	BPLR minus 3.75% i.e, 9.50%
	CR 4 to CR 6	BPLR minus 3.50% i.e, 9.75%
	CR 7 to CR 10	NOT ELIGIBLE
Post-Shipment Credit
(a) Up to 365 days	CR 1 to CR 3	BPLR minus 3.75% i.e, 9.50%
	CR 4 to CR 6	BPLR minus 3.50% i.e, 9.75%
	CR 7 to CR 10	NOT ELIGIBLE

** Branches are advised to note that all commercial advance accounts with an exposure of Rs.25 Lacs and above (FB + NFB) have to be rated and validated using the New (CRISIL) Model on the basis of financial statements for the FY ended 31.03.2007 (Circular BCC:BR:99:41 dated 10.02.07)

Interest Rates on Exporters in Specified Sectors (Interest Subvention Scheme of 2%)

Specified Sectors	Rate of Interest
Textiles (including Handlooms, Jute and Carpets) Readymade Garments Leather Products Handicrafts Engineering Products Processed Agricultural Products (including processed cashew, coffee and tea) Marine Products Sports Goods Toys Solvent Extracted De-oiled cake Plastics & Linoleum All exporters from the SME Sector as defined in the Circular No. BCC: WB: DFB: 99/74 dated 28.07.2007	Interest at a flat rate of BPLR minus 4.5% (i.e. 8.75%) on pre-shipment credit upto 180 days and post-shipment credit upto 90 days on the outstanding amount (Including Baroda Gold Card holders) for the period April 1, 2007 to March 31, 2008 to all exporters irrespective of their internal credit rating. (Interest Subvention is to be claimed @2%)

Interest Rates on Exporters in Specified Sectors (Interest Subvention Scheme of 4%)

Specified Sectors	Rate of Interest
Leather and leather manufacturers. Marine products All categories of textiles under the existing scheme including RMG and carpets but excluding man-made fibre, Handicrafts.	Interest Rate not exceeding BPLR minus 6.5% MINIMUM 7% on pre-shipment credit upto 180 days and post-shipment credit upto 90days on the outstanding amount. (Interest Subvention is to be claimed @3.25%)

Click for Interest Rates on Deposits