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Baroda Traders Loan

The Baroda Traders Loan facility enables individuals, Proprietorships, bodies such as Partnership firms and Co-op societies to avail of working capital or undertake development of shop by way of loan/overdraft. Dealers in gold/ silver jewelry are also covered under the scheme.

Key Benefits

  • Option to avail the credit facility as loan or overdraft.

  • Advance available up to Rs. 400 Lacs.

  • Loan can be repaid in a maximum period of 60 months.

  • 50% waiver of processing charges for Baroda Traders Loan upto 31.03.2016.

Terms & Conditions

  • The business units should have been established in the line of business for a minimum period of 2 years

  • Loan limits

    • Minimum : Rs. 25,000/-

    • Maximum :
      • Rs. 400 Lakhs in Urban / Metro Branches
      • Rs. 300 Lakhs in Rural / Semi Urban Branches

  • Margin

    • 40% on realizable market value of immovable property.

    • 10% on Bank's own Fixed Deposits.

    • 15% on face value of NSCs, Govt. Bonds, surrender value of LIC policies.

  • Security

    • Tangible collateral Securities in the form of mortgage of land (not agricultural land) and building is acceptable as security

    • National Savings Certificates, Government Bonds, our Bank's Term Deposits, Assignment of Life Insurance Policies, standing in the name of the borrower/proprietor/partner/director are acceptable as security.


For further details, please contact the Bank of Baroda Branch nearest to you.

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