Gist of RL Edition - Oct'2012

Retail Loan products of our Bank at a glance
Updated up 31.10.2012
1.
BARODA HOME LOAN
Updated by S.M. Mathur, Chief Manager
Product/ Purpose Housing Loan to Residents: i) Purchase of new house/flat ii) purchase of Old house iii) Purchase of Plot & construction thereon. iv) Take over of HL taken from any other Bank/FI V) Other**
Eligibility (i) Salaried:
Margin For Salaried Class: If Monthly Income
Rate of Interest
Repayment Including moratorium of 18 months
Remarks USPs(In red ink) On line application. Sanction in -6- days. Age: Principle Borrower 21 yr. Joint Borrower-18yr. Max.60/65yrs **Purchase Bankhouse/flat or Construction made from own sources (Not prior to 24 months) of at a glance Updated up 31.10.2012 from own sources is also covered under the scheme. Processing: up to `30 lac 0.50% Min. ` 5000 Above `30lacs-0.40% Min.`15000/- +ST Max. ` 50000. If for Plot, Construction may be made within 3 yrs from date of Purchase. Moratorium 18 months. If Old house Should not be older than 25 yrs. Free Personal accident Insurance. Personal accident cover may be extended to co-borrower by paying additional premium of 25% for each co-borrower. Life insurance cover for Natural death is also available to borrower/Jt. Borrower on payment of appropriate Premium under tie-up arrangement with Kotak Mahindra (wef 1.1.10) & India First Life Insurance Co (wef 1.9.10). Premium amt for obtaining cover can be financed as part of home loan at request of borrower & accordingly EMI is fixed. Take over charges @0.10% of loan amount No Max. Pre-closure charges: Nil wef 15.12.11 (BCC:BR:103/350 dated 14.12.2011 Housing loan borrowers are eligible for 0.5% concession in rate of interest on loan for consumer durables. Staff may also avail HL under Public Scheme with 0.25% concession in rate of interest. Staff & relatives to staff in scale IV & above may be sanctioned HL under Public scheme, by zonal heads with full power (Previously 25 lac) BCC:BR:103:173 dated 23.06.2011 Project Cost includes 1.Cost of plot/flat/Readymade House, 2. Registration Charges & 3. Cost of Stamps for loans up to Rs. 20 lac (BCC:BR104:55 dated 7.02.2012)
@ .% of project cost*
Retail Loan products of our

No fixed rate option. Floating rates As per Annexure-I **
Eligible Amt.
Monthly Income
Plot/ Own sources -20%
> `20000/-
onthly Income) Total deductions not to exceed
36 times of MI
Up to `20000/-
All Other cases
-20%
Repaying capacity:
Max.25 yrs
0%
Master circular on Home loan : BCC:BR:102:26 dated 28.01.2010, Limit increase BCC:BR:103/210 dated 21.07.11 1% interest subvention is available on HL up to 15 Lac (Where cost of house does not exceed Rs. 25 lac) on HL sanctioned on or after 01.04.2011 (BCC: BR:103:103 dated 30.04.2011) **Concession of 0.25% to 1.50% in rate of interest and 100% waiver of processing charges during Campaign period 01.10.12 to 3011.12. see annuexure I-c Free Property Insurance has been withdrawn w.e.f 10.09.2012 (BCC:BR:104:317 dated 10.09.2012)
Product/ Purpose Eligibility Margin Rate of Interest Repayment Max. 15 yrs. Subject to repay. capacity. Total deductions not to exceed 60%. Moratorium (i) for construction 1 month after completion or 12 months (ii) for Purchase of new/old house -1 month after taking possession or 3 months after date of 1st disbursement whichever is earlier By EMI as per request of borrower subject to repaying capacity, however max. period should not exceed residual period of home loan Remarks USPs (In red ink) Eligibility: NRI holding Indian Passport or POI holding foreign passport. Principal borrower should be having regular job abroad in a reputed Indian/fgn. Co. & has valid job contract/work permit for minimum. Period of 2yrs. If self employed/ businessman having a stable business and staying abroad at least for 2 yrs.. Age minimum 21 yrs, Co-borrower min. 18 yrs. Age of the borrower + repayment period not to exceed retirement age or 65 yrs whichever is earlier. Must have minimum AI of ` 5 lac p.a - Free personal accident insurance & Property Insurance, repayment in INR from local sources/ relatives in India. NIL charges for pre-closure/ pre-payment. (BCC:BR:103.330 dated 23.11.2011)
Housing loan Salaried-48 times to NRIs/PIOs of MI (Average of 2 yrs), Prof./ Buss.-4 times of AAI (avg of 2 yrs.) (i) for Purchase of new/old house & construction Min. `5 lacs & Max. `300 lacs at U/M centres (ii) For purchase of Plot Max.`50 lacs, (iii) For Repair/ Renovation Min. `1 lac & Max. `25 L Additional 90% Of Principle Assured amt. repaid. Min. Advance `25000/- May be (AAA) sanctioned for max 5 Resident/ occasions subject NRIs / PIOs to gap of 1 m between close of last a/c and next sanction.
(i)for Purchase of As per new/old Annexure-I house & construction 20% (ii) for purchase of Plot 20% (iii) for Repair/Ren ovation 20%
10% on principal amount repaid.
Base Rate+ 1.50%
Age+tenor of loan not to exceed 65yrs. Processing Up to ` 30 lac - 0.50% Min ` 5000, > ` 30 lac 0.40% Min. ` 15000, Max. `50000/+ST Security: Extension of mortgage & third party guarantee if stipulated in Home Loan. For NRI/PIOs gap of one month between two occassions is not required.
For Home Improvement
Max.3`5 lacs. NAI (average of last 3 yrs) subject to times of 2 times of GAI or `10 lacs, of which for funniture/fixture
25% Base Rate + (including 2.50% stamp duty payable for creation of EM)
10 yrs EMI Subject to Repaying capacity. Moratorium 6 month
Age Min.21yrs. Max. 60/65 yrs Processing-0.50%+ST upfront fee 0.25% of loan (One time), Extention of Equitable mortgage. No charges for pre inspection as it are part of processing.
Product/ Purpose
Two Wheeler Loan
Eligibility
Margin
Rate of Interest
Base Rate + 4%
Repayment
60EMI 12 PDC be taken.
Remarks USPs(In red ink)

Age-Min.- 21 yrs, Max.- Retirement age(Salarid) & 65 yrs in case of others. Road Price means= Invoice price+Registration +Insurance. Processing Charges TW - 2% of loan amt. Min. `250/- +ST. Car Loans -Up to `15 lac0.75% Max. ` 10000/-+ST > `15 lac -0.50% Min. `10000/-+ST, No Max. Insurance: Comprehensive with Bank Clause. Age of Second hand car not more than 3yrs, Installation of CNG/LPG in New/2nd hand car not more than 5 yrs. Maximum deductions not to exceed 60%. Concession of 0.25% in interest rate on car loans is available to all our existing home loan borroweres having a good track record of repayment, without any overdue in a/c 0.50% concession in rate of interest on car loan if liquid security like pledge of FDR, NSC, KVP, LIC is provided for 50% or above amount of sanctioned limit. (BCC:BR:103:27 dated 25.01.2011) Life Insurance cover is available with Kotak LI & IFLI at the cost of borrower which may be refunded by Bank and is recoverable with EMIs of loan (BCC:BR:104:62 dated 14.02.2012)
2. BARODA AUTO LOANS
5 times of GMI, 10% on OR Max. `1 lac. invoice value Which ever is lower subject to repaying capacity.
Car Loan New/Old
24 times of GMI (salaried) or 3 times of GAI(Av) (other) Max. NewCar `15lac 2nd hand-`10lac Gaskit-`25000/-
15% of Road price for New Car 40% for Old Car. 15% for GasKit 20% of cost of vehicle + Registra tion+ Insurance
Loans of tenor upto 5 yrs Base Rate + 2.50% * ** Loans of tenor over 5 yrs Base Rate + 3.00% * (irresp-
New Car84EMI Old Car36EMI Gas Kit24EMI
ective of amt.)
Up to 5 yrs BR+2.50% >5 years Base Rate + 3..00% *
Baroda Car loan to HNI/ corporates
24 times of GMI or 3 times of GAI (Av) Max. `100 lac
HNI means minimum monthly salary `1.25 lac and carry home salary should be atleast 84 EMI 12 PDC to UpdatedCorporate with min. tangible NW 10 times of loan amount requested. be 40%. by S.M. Mathur, Chief Manager taken Personal Guarantee of Promoters/3rd party having sufficient NW
Now no minimum amount of car loan to corporate. (Previously Min. over `15 lacs)
** Concession of 1.50% to 1.75% in rate of interest and 100% waiver of processing charges during Campaign period 01.10.12 to 30.11.12 See annexure I c
3.
BARODA EDUCATION LOAN:
Product/ Purpose
Baroda Vidya Baroda Gyan (Study in India Baroda Scolar (Study abroad
Eligible amount
Max. ` 4 Lac. (For all stages) Max. `10 lac Max. 20 lac
Margin
Nil
Rate of Interest
Repayment
Remarks USPs (In red ink)

3 stages(i)Nursery-5th class, (ii) 6th-8th class & (iii) 9th-12th classs. Loan in the name of Father/Mother No Processing & Documentation charges No Security Security : upto `4 lac.- Nil Above `4 lacs-`7.5 lac-Third party Guarantee. Above `7.5lac100%Collataral security. For studies in India No Processing & Documentation charges however for studies abroad@1% to be recovered upfront which shall be refunded if applicant avails loan. 1% rebate if interest is serviced regularly. Kotak life Insurance (wef 1.12.08) cover up to `20 lac. EL >10 lac - Processing 1% (to be refunded after availment of loan. Application can be made On line application. Master cir. On Edu. Loan -BCC:BR:100:101 dated 12.04.2008 Teacher training course/Nursing course/B.Ed will be eligible, provided training institutes are approved by State or Central government and lead to Degree or Diploma and not a certificate course. BCC:BR:102:108 dated 12.04.10 ** 120 instalments for loans up to 7.50 lac, 180 instalments for loans >7.50 lacs. BCC:BR:103/343 dated 30.11.2011.
Up to ` 4 lac 12 EMI Due 12 m after 1st Base Rate+ 2.50% (Simple) dis-bursement Up to `4 lacMax. ** inst to Above `4 lac commen ce one yr Nil, Above `4 lac- Up to 7.50 lac after compl of Base Rate+ Course or 6 5% 4% months after (for study in Above 7.50 lac getting job, which India), ever is earlier. 15%(for studies Base rate +3.50% Abroad) 1% conces. for Girl Student
loan for career Develop ment Baroda EL for Vocational Education & training LA 182
Max. `10 lac (For studies in India) `20 Lacs (For studies abroad) For course duration up to 3 m.- 20000/>3-6 m.-50000/>6m-1yr-75000/> 1yr-150000/-
15% Base Rate+ (Any Scholar 4.75% ship etc will not be included) Nil Base Rate + 2% (1% interest concession for Girl student)
60 EMI loan for career Development Course period For Graduation/Post Graduation/Diploma Processing/Documentation-0.5% of loan +6month+3month amount., Security : 100% collateral or 3rd Party Guarantee. Courses up to 1 yr-60m > 1yr.-84m Came in to effect from 1st July2012 Eligibility: Have secured admission in a course approved/supported by a Ministry/Deptt./Organisation of the Govt. or a company/Society/Organisation supported by National Skill Development Corporation or state Skill Mission/State Skill corporations leading to a Certificate/Diploma/Degree etc by Govt. Organisation or an organization recognized/ authorised by Govt. to do so. Other T/Cs same. For more details Pl. refer - BCC:BR:104:233 dated 30.06.12
**
Concessional interest rates for students seeking admission in Indian School of Business, Hyderabad & Symbiosis, Pune (BCC:104/86 dt. 5.3.12)
4.
BARODA MORTGAGE LOANS:
Product/ Purpose
Advance against Property to Residents/ NRI/PIOs Overdraft/ Term loan
Eligible amount
30times GMI or 3 timesof Avg. AI (last 3 yrs) Min. `1 lac, Max. `100 lacs ,` 5 lac in Rural branches. Income of all joint owners of property be clubbed and made co-borrower
Margin
w.e.f. 01.06.09 50% of market value or Distress value whichever is lower of property to be mortgaged. No power to allow deviation up to zonal heads. (BCC:BR:101: 150 dated 26.05.09
Rate of Interest
Base Rate+5.25% 2%p.a.(Penal) on overdue amount
Repayment
T/L Max 84 months OD 12 month Subject to annual review.
Loan to Professionals
20% of Avg, annual business turnover/ Professional receipts Max.` 25 lac
15% Base cash margin for Rate+5.25% BG
Eligibility: Salaried /Professional/ Self employed & others who are income tax assesse for last 3 yrs Minimum Gross annual Income ` 60000/- NRI holding Indian Passport having a regular job or valid job contract for min. past 2 yrs. Min. GAI `5 lacs. Staying abroad for at least 2 yrs Age 21 yr. Max. Age 60 yrs(customers age+tenure of loan/ overdraft not to exceed 65 yrs. OD facility NRIs are not eligible for OD limit (BCC:BR:104:364 dated 17.10.12) should be Total deductions not to exceed 60% of GI. assessed as per Unified Processing Charges : Loan1% Min. ` 1000 Max.` 50000. guidelines of T/L OD limit (Fresh/Renewal) up to 1 crore -0.35% Min. `1000-+ST Max. (BCC:BR:104: 25000/- In case of OD limit > 1 UPC on prorate basis. (BCC:364 dt.17.10) 364 dated Age of building not to exceed 25 yrs. Security: EM of residential/ commercial 17.10.12) property/plot, Third party guarantee if over `10 lac. Activity clearance from higher authority before considering any new or review with increase proposal, under Baroda Mortgage Products wef 17.08.09. (BCC:BR:101:242 dated 10.08.09) OD-1 yr sub. To Tangible security in the form of FDR/LIC/NSC/KVP Or Mortgage. review. Processing-0.35%, Max. `10000/-+ST Loan 5yrs
5.
BARODA PERSONAL LOAN
Product/ Purpose
Eligible amount
Margin
Rate of Interest
Repay ment
6. BARODA TRADERS LOAN:

Eligible amount
20% of Projected accepted annual Turn over (Reasonable looking to past trend) or Advance value of security which ever is lowerMin.`25000/Max.` 200 lacs
Margin
10% Our Banks FDR 15% NSC/ LIC. 40% on realizable market value of immovable property
Rate of Interest
Base Rate +3%
Repayment
OD-1 yr subject to review. Loan 5yrs
Remarks USPs (In red Ink)

Established in line of business for min.2 yrs (HUF & Public limited co.s are not eligible) For W/c & Development of shop upto 25% of W/C. Above 25 lac Audited Balance sheet & Credit rating is must. Evidences of Income and Cash flow should be obtained and properly examined..Market report about borrower be obtained and properly examined. An undertaking to exclusively deal with our Bank should be obtained and insisted upon. Processing 0.35% of limit. Min. `1000/- No Max. Below ` 25 lacs are to be rated under BOBRAM model for Retail loans under secured loan module and ` 25 lac & above are to be rated under CRISIL-Traders module at the time of fresh sanction as well as review.
Against Security of Gold Ornaments /Jwellery 20% of the 25% on Base Rate plus projected annual the 3% turnover or 75% present of the market market value of the gold value of ornaments the Gold assessed by Ornament Banks approved s valuer. Min. assessed .`50,000/by the Max.` 2 lacs Banks approved assayer.
Loan : max. 60 months Overdrafts : 12 months subject to annual review
Unified Processing Charges: 0.50% of loan limit minimum Rs.250/- plus service tax. Assayers Charges @250/- per lac - to be borne by the borrower. *** Loan amount Rs. 1930 per gram for 22 carat purity (keeping 25%margin) with a provision of reduction in valuation by Rs.88 per gram for every carat reduction. BCC:BR:104/251 dated 11.07.2012 8
7. BARODA LOAN TO DOCTORS:

Eligible Amount Min. `50000/Mx. R/SU `15 lac of which w/c `1lac, U/Metro `50 lacs of which w/c `3 lac. Margin Up to `5 lac 25% Above 5 lac 15% of cost of Project W/C- Nil Rate of Interest Up to `2 lac-. BR+3.00% Above 2 lacsBR+2.50% > `25 lacCredit rating Repayment
Remarks USPs(In red ink)
D/L T/L 60 EMI Processing Charges 0.35% Max. `15000/OD 12 months subject to annual Security: upto`5 lacs Nil, Third Party guarantee with worth equal to review loan amt. Security Margin on Immovable property 40%,
NSC/KVP/GB/LIC 15% , our Banks FDR 10% Above `5 lac.- Tangible Collateral security. For DL/TL repaying capacity- Min.DSCR 1.25, For loan amount `5 lac & above-established for min. 3 years
8. BARODA ASHRAY:
Eligible amount Max. `1 crore Amount disbursed as annuity-monthly, qtly hfly or annually. If Lumsum-not to exceed 10% of total loan amt. Margin 20% on Present Market Value Rate of Interest Repayment No Fixed rate option. Floating rate Base rate+ 1.75% Remarks USPs Tenure 15 yrs. May be extended For Senior Citizens Age-60yrs Joint borrower( Spouse) not till survival of borrower/s. Life below 55 yrs. Ex-staff also eligible expectancy taken as 80yrs Right to Rescission 7 business days. Fore-closure on violation. Processing 0. 20% Max.10000/(One time). Security Simple/EM of property. Age of building not to exceed 40 yrs. Valuation of property every 5 yrs.
Minimum Interest clause on all fresh retail loans as well as existing, withdrawn with immediate effect. (BCC:BR:103:13 dated 10.01.2011) 9. Loan against security of NSC/KVP/LIC/Relief/Govt. Bonds etc
Eligible Amount Min. D/L `3000/OD `20000/Max : Public-No upper limit. Staff- 5 times of Gross Income & against NSC only Margin if residual maturity period is <3yrs15% > 3yrs-20% For LIC -15% of surrender value. Staff : 10% of face value Rate of Interest ** Loan: Base Rate + 3.50%or 0.5% over NSC/KVP intt rate. OD: Base Rate + 4%or 0.75% over NSC/ KVP intt. Which ever is higher. Against LIC Loan Base Rate + 3.50 % OD- Base Rate + 4% In case of staff ROI is 0.5% above NSC rate. Weighted average method is applied if securities on different interest rates. (BCC:BR:100:223 dt. 11.08.08) Repayment OD: 12 Months subject to review. Loan: Option I- 35 EMI or within maturity period whichever less. II : till maturity of secu. Subject to provision that margin will be 20% in that case. Against LIC Repay 60m Remarks USPs Age : 21 yrs Processing:`100/- flat plus out of pocket expenses and actual conyence charges. Processing charges NIL for staff. Security: Noting of lien/assignment. Insurance policies of Pvt.. accepted **Concession in rate of interest on loans/overdrafts against NSC/KVP/RB/LIC is available as under: Loans Overdraft < `1 Crore 2% over BR 2.5% over BR > ` 1 Crore 1.75% over 2% over BR BR cir. BCC:BR:102:188 dated 09.07.10 Interest on LABOD to third party(i) < `1 core 2% over deposit rate or BR+3.5% (ii) > `1 crore 2.25% over deposit rate or BR+ 3.50% which ever is higher.
10. BARODA ADVANCE AGAINST GOLD JEWELLARY/ ORNAMENT (At Metro/Urban Branches headed by min. Scale-III)
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11. BARODA LOAN AGAINST FUTURE RENT RECEIVABLES (BCC:BR:102:143 dated 24.05.2010)
Eligible Margin Amount Product/ Eligible amount Min.Purpose lac `0.25 25% on Max. `10.00lac Gold Under Non commercial real estate Rate of Interest Repayment Repayment TL Max. 36 Remarks/USPs Security: Pledge
value of
Margin
Base Rate Interest plus 4.00

Base Rate + 6.00%
Rate of
Remarks USPs
60% ofOrnaments rent (Net of TDS, 40% /Jewellery, advance rent. SD) due & receivable subject to min. carried out by `25 lac & max. `200crore banks (Single) `500 crore (group approved valuer. borrower) 55% of rent (Net of TDS, 45% advance rent, SD) due & receivable subject ot min. `25 lac & max. `200 crore(single) & `250 crore (group borrower)
*As per Cir. BCC:BR:104/ 83 Dated 3.3.12

Base Rate + 6.00%
Under commercial real estate
of minimum 22 carat /Hallmark months Gold Jewellery. shall be valued by banks approved *** Loan gold to `5 lacs- assignement the Branch Premises in EMI, for max. 10 Security: Up valuer/assayer in of future rent & 3rd party amount presence mortgage of Manager /Officer and the yrs or unexpired guarantee. > `5 lac- of Branchleased property+any other certain period of acceptable security value of which should a certificate of valuation Rs.1930* per borrower concerned and be atleast 1.15 times lease whichever of loan amount, Tripartite agreement. Processing: up to `10 gram for 22 carat along with complete details of quality and quantity is less. Commen crore -0.10% of loan amount max `1 lac. >`10 crore 0.10%, purity (keeping of securities of Gold Ornaments cement 1 month max. `20 lac. Upfront fee: 0.5%, max. `50 lac 25%margin) with /Jewellery shall be kept on record. Insurance: after disbursment EMI, for max. 10 Security: Up to `5 lacs- assignement of future rent & 3rd party a provision of Adequate- at the cost of borrower. Unified yrs or unexpired guarantee. > `5 lac- mortgage of leased property+any other tax. reduction in Processing Charges: 0.50% plus service certain period of acceptable security value of which should be atleast 1.25 times valuation by Rs. loan Assayers Charges @ `Processing: lacto `10 . ` 250/- per up - Min lease & uncer of amount, Tripartite agreement. 250/- loan `1500/- `5 lac. > `10 crore 0.5%, 88*period of forcrore -0.50% of,Maxamount maxper assaying - to be borne by per gram tain lease, whichever max. `50 lac. Upfront fee: 0.5%, max. `50 lac the borrower. *** every carat is less. Commen reduction.
cement 1 month after disbursment
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Historical Data of Base Rates / BPLRs of Bank of Baroda Effective Date 01-07-2010 05-10-2010 13-12-2010 04-02-2011 06-05-2011 12-07-2011 01-08-2011 01-05-2012 Base Rate 8.00 8.50 9.00 9.50 10.00 10.25 10.75 10.50 Effective Date 01-07-2010 06-08-2010 13-12-2010 04-02-2011 06-05-2011 12-07-2011 01-08-2011 01-05-2012 BPLR 12.00 12.50 13.25 13.75 14.25 14.50 15.00 14.75
Annexure: I -a CHECK LIST FOR HOUSING LOAN Documents Required

Application form duly filled+ 1. Pan Card Copy and ID 2. 2 Passport size Photos (For applicants &Guarantors) 3. Residential Proof (Voter ID/P.P./D.L./Ration Card) 4. 3 months latest salary slips with sign and seal from employer. 5. Statement of 6 months operative bank accounts and salary account statement. 6. LIC / Insurance Xerox. 7. Passport Xerox. 19. (a) `4000/- cheque favoring Bank of Baroda for legal and valuation etc. charges (upfront). (b) Processing fee 0.35% (upto `20.00 lacs) and 0.40% (For above `20.00 lacs) plus service tax with a maximum of `15000/- (upfront) (50% Refund, if sanction is not availed). 20. No. pre-payment and bulk payment charges for prepayment from own sources. 21. Free property and personal accident insurance. FOR TAKEOVER OF HOUSING LOANS:-
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8. Other bank loan details / statement. 9. Three years IT returns and Form -16 issued by employer. 10. If applicant is a businessman 3 years of IT returns with financials statements duly audited. 11. Property papers and complete chain of previous title deeds. 12. Latest Tax Paid Receipt 13. Non Encumbrance Certificate for 30 years. If allotted by Development Authority, update Non Encumbrance Certificate from the date of allotment. 14. Sale Agreement / Construction Agreement. 15. Approved plan copy. 16.If construction is to be undertaking detailed estimate from the engineer. 17. Sale deed Registration should be as per sale Agreement value 18. Mortgage Charges as applicable in the particular State.
Additional Documents for Take Over from Present Bank: a) Fore -closure Letter. b) Copy of sanction Letter for Housing Loan c) Statement of Housing Loan from the Beginning d) List of Documents / Details of Title deeds held by the present bank. Note: Original Address Proof / IT Returns / Form No.16 etc. to be shown at the time of submission of application form. Special Attention: 1.Life Insurance Cover for Home Loan Borrower is also available at the option and cost of borrower (one time premium). If Borrower wish to avail the facility, Take option in the application form. Premium amount may also be financed by the Bank which is recoverable in EMIs. 2. Financing for purchase of flats in multistoried housing projects may also be considered. For details pl refer BCC:BR:104:115 dated 02.04.2012
-: Housing Loan :Interest rates applicable from 10.09.2012 (subject to change from time to time) (Interest. Rates are linked with Base Rate Present Rate effective from 01.05.2012 10.50%) Tenure Upto 5 years >5 years to upto 15 years >15 years to upto 25 years Loan Amt. upto `30/- lacs Base Rate + 0.25 i.e 10.75% Base Rate + 0.50 i.e 11.00% Base Rate + 0.75 i.e11.25% Loan Amt. >`30/- lacs up to < ` 75 lac Base Rate + 1.00 i.e. 11.50% Base Rate + 1.25 i.e. 11.75% Base Rate + 1.50 i.e. 12.00% ` 75 lac & above (effective from 1.12.2010) Base Rate + 1.25 i.e. 11.75% Base Rate + 1.50 i.e. 12.00% Base Rate + 1.75 i.e. 12.25%
EMI Chart at different Interest Rate and different period Tenure 05 Years 10 Years 15 Years 20 Years 25 Years Loan Amt. upto `30/- lacs Interest Rate EMI Per Lac- ** 10.75% ` 2162 11.00% ` 1378 11.00% ` 1137 11.25% ` 1050 11.25% ` 999 Loan amount ` 75 lac & above Loan Amt. > `30/- lacs upto < ` 75 lac Interest Rate EMI Per Lac Interest Rate EMI Per Lac 11.50 % ` 2200 11.75% ` 2212 11.75% ` 1421 12.00% ` 1435 11.75% ` 1185 12.00% ` 1201 12.00% ` 1102 12.25% ` 1119 12.00% Updated by S.M. Mathur, Chief Manager ` 1054 12.25% ` 1072
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Processing Charges Loans up to ` 20 Lac Loans above ` 20 Lac Prepayment Charges Repayment Period
Housing Loans sanctioned on or after 01.04.2011 upto the limit of Rs. 25.00 lacs shall now be classified under Priority Sector Advances. however Loan for repairs to damaged houses, Upto Rs. 1 lac in rural and semi urban and upto Rs. 2 lacs in urban and metropolitan areas will be deemed under Priority sector. Amortization chart of loan a/c to be provided to borrower along with sanctioned letter in all loan accounts where repayment is made through EMI - BCC:BR:103:182 dated 28.06.2011Normally Branches should not allow POA (Power of attorney holder) to execute loan document, however in exceptional circumstances with the permission of higher authorities. BCC:BR:103:171 dated 17.06.2011
0.35% of Loan Amt Max. `15000 plus Service Tax 0.40% of Loan Amt Max. ` 15000 plus Service Tax -NIL- if repaid from own sources. Incase of takeover by other Banks /FIs 0.10% subject to a Maximum of ` 5000/Repayable in maximum 25 years (300 EMIs)
Annexure I -b CHECK-LIST FOR CAR LOAN DOCUMENTS REQUIRED: 1. Application Form duly filled and signed by prospective borrower. 2. Two Passport Size Photographs 3. Quotation for Car from an authorized car dealer
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4. Photocopy of Pan Card 5. Personal Identification Proof - Photo Identity Card issued by present employer - Electoral I-Card - Passport - Driving License - PAN Card 6. Residential address Proof -Electricity Bill -Telephone Bill (Land Line) -Electoral I-Card -Passport 7. Latest salary slips for the last 3 months with break up and duly attested by the employer and countersigned by the applicant. 8. For Salaried Class: Income Tax Returns alongwith Form No. 16 for last two years. 9. For Others: Income Tax Returns for last two years alongwith Assessment Orders 10. Bank A/c Statement for last 6 months and Details of Existing Loan A/cs, if any.
Car Loan (Contd.)
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Rate of Interest: Applicable from 01.08..2012 (Subject to change from time to time) -For repayment period upto 5 years: Base Rate + 2.50% i.e. 13.00%* -For repayment period more than 5 years: Base Rate + 3.00% i.e. 13.50%* EMI CHART Repayment Period Rate of Int. EMI Per Lakh 36 Months 13.00% ` 3370 60 Months 13.00% ` 2270 84 Months 13.50% ` 1847
Processing charges:
For Loans upto `15 lac For Loans above `15 lac Repayment Period PREPAYMENT CHARGES MARGIN
0.75% of Loan Amt Max. ` 10000 plus Service Tax 0.50% of Loan Amt Min. ` 10000 plus Service Tax Repayable in 84 EMIs NIL For loans upto ` 15 lac 15% on Road cost For loans over ` 15 lac - 20% on Road cost (On Road cost means Invoice Price plus Insurance, Registration and Road Tax but excluding accessories
Check list (Part-A & B) of various activities which
are mandatory for sanctioning/disbursing & post sanction follow-up Monitoring signed by Branch head be kept alongwith loan documents for the verification by Inspectors/Auditors -BCC:BR:103:180 dated 27.06.2011 * Festive discount in ROI See annexure I-C
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An nexure I -c
Retail Loan Festive Offer (BCC:BR:104/344 dated 01.10.12)

**During campaign period (01.10.12 to 30.11.12) there is 100% waiver of processing charges. and concession in ROI for HL & Car laon The applicable rate on home loans will be as under:Loans up to 30 lac Loans above 30 lac on Base rate i.e. Base rate + 0.25% 10.50% i.e 10.75% EMI per lac of rupees Up tp 5yrs 10 yrs 15 yrs 20 yrs 2150/-, 1350/- 1106/- 999/2162/- 1364/- 1121/- 1016/25 yrs 945/963/-
For Car loans Up to 5 yrs Base rate + 0.75% = 11.25% >5 years & up to 7 years - Base rate + 1.25% = 11.75% EMI per lac EMI per lac 2187 /1752/-
The effective interest rates as mentioned above may change with the change in Base Rate during campaign period For Car loans, following concession will also be available during campaign period which are otherwise available during normal course of business: 1. 0.25% concession in rate of interest to existing HL borrowers having a good track record of repayment without having any overdues in their account. It is also to be ensured that the account has not been rephrased, restructured or rescheduled in the pase (Ref. Cir. No BCC:BR:102:155 dated 8.06.2010) 2. 0.50% concession in interest rates if liquid securities like pledge of FDR, NSC, KVP, LIC policies for 50% or above of the sanctioned limit are made available.
17
But the concession in rate of interest would not be available where any concession or deviation has already been granted in the past.
Annexure-II ALL IN COST FOR RETAIL LOANS (BCC:BR:102:318 dated 22.11.2010) (A) UNIFIED PROCESSING CHARGES: includes processing charges, documentation charges, document verification charges and pre & one time post sanction inspection charges. As Amended on 15.01.2011 S.N. RETAIL PRODUCT 1. Baroda Home Loan Takeover of Home loan Baroda Auto Loan a. Car Loan upto Rs.15 lac b. Car Loan to HNIs / Corporates over Rs.15 lacs c. Two wheeler loan Baroda Education Loan a. Baroda Vidhya b. Baroda Gyan c. Baroda Scholar Baroda Personal Loan CHARGES Loans upto `30 lacs : 0.50%. Min.` 5000 Loans above. ` 30 lacs : 0.40% Minimum : ` 15000/- Max. ` 50000 (service tax (ST) to be recovered separately in addition to above) 0.10% +ST No Maximum 0.75% maximum Rs.10000/- +ST 0.50% minimum Rs. 10000/- +ST no maximum 2.00% minimum Rs. 250/- +ST NIL NIL 1% (to be refunded after availment of loan) 2% minimum Rs. 250/- +ST except following: Loan to Pensioners Rs. 500/- +ST fixed and
2.
3.
4.
18
Processing charges are to be recovered upfront. 50% of processing charges recovered upfront may be refunded if advance is sanctioned but not availed by the borrower. No Processing charges, if loan is not sanctioned upto Rs. 5.00 lacs.
(B) (C )
Charges in respect of Advocate and Valuer: Legal opinion fee and valuation charges are to be recovered on actual basis in addition to above Unified Processing Charges. PREPAYMENT CHARGES: S.N. RETAIL PRODUCT 1. Baroda Home Loan CHARGES A. Part prepayment of loan NIL B. FULL PREPAYMENT/ PREMATURE CLOSURE CHARGES: No penalty if loan is prepaid from own sources. In other cases, @ 0.5% of balance outstanding for each year of the residual period of home loan subject to maximum of 2.00% including any such amount prepaid in the last financial year +ST Baroda Auto Loan NIL Baroda Education loan NIL Baroda Personal Loan NIL INSPECTION CHARGES: S.N. RETAIL PRODUCT 1. Baroda Home Loan 2. Baroda Auto Loan CHARGES Post Inspection: 1 post inspection NIL 2nd & onwards Rs.100/- + out of pocket charges + conveyance charges (per inspection) +Service Tax Post Inspection: 1st post inspection NIL 2nd & onwards Rs.100/- + out of pocket charges + conveyance charges (per inspection) + Service Tax
st
2. 3. 4. (D)
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3. 4. (E) (G)
Baroda Education loan NIL Baroda Personal Loan NIL
INTEREST RATE: Interest Rates chart is to be provided as applicable from time to time (Subject to change from time to time). (F) LEGAL REPORTS / VALUATION CHARGES: Actual Charges is to be recovered. CONVERSION CHARGES FROM FIXED TO FLOATING: Baroda Home Loan: (applicable for loans sanctioned under fixed rate option) From Fixed to Fluctuating rate option One time process. @ 0.50% for every year for the residual period of the loan maximum 2% +ST of the amount outstanding on the date of allowing conversion. With a condition to charge fee for premature closure (@ 00.5% +ST of balance outstanding for each year of the residual period of housing loan, subject to maximum of 3%) be stipulated and borrowers acceptance to this be taken. From Fluctuating to Fixed rate option Option is not available now,
Baroda home loans sanctioned on fixed rate option with reset clause after completion of 5/3 years of sanction ( i.e. on or after 16.08.2007 & 17.11.2008 ) has become due for resetting of interest and be accordingly changed. Procedure explained with example in BCC:BR:104:255 dated 17.07.2012 ASCROM input data sheet be now a part of every Retail loan proposal. Oher Recent changes: 1. Repayment of Retail loans of NRIs by his resident close relatives in Rupees is now permitted by RBI (BCC:BR:103:269 dated 20.09.2011) 2. Borrower may be given an option for resetting of EMIs/ extention of repayment period subsequent to change in interest rate However total Repayment period of home loans (including extended period ) subsequent to increase in rate of interest should not exceed Maximum period permissible under Home Loans i.e. 300 months or 60/65 years of age of borrower in case of salaried class/
20
Professional / business men as the case may be, which ever is earlier (BCC:RB:104:944 dated 25.04.2012)
Education Loan Interest Subsidy Scheme (ELIS): Provides interest subsidy for the period of moratorium to students from Economically weaker sections (having parental family income from all sources not more than `4.5 lac per annum), Subsidy will be available only to students enrolled in recognised Technical/Professional courses (after XII) in india, courses starting from academic year 2009-10. Maximum loan `10 lac* After moratorium period interest will be borne by student Ref cir.-BCC:BR:102:222 dated 13.08.10 & BCC:BR:102:255 dated 16.09.2010. For detailed procedure for submission of claim (Software) ref. cir. No. BCC:BR:102:353 dated 27.12.2010. *Interest subsidy scheme may be extended in respect of courses where the fee structure (all inclusive) is more than Rs.10 lac and which otherwise satisfy all other eligibility criteria of subsidy scheme, but subsidy amount will be calculated only upto loan amount of Rs.10 lacs. (BCC:BR:103:162 dated 13.06.2011)
Annexure III
(H) Present rate of interest on Retail Loans advised vied Circular No. BCC: BR: 104:317 Dated: 10.09.2012 as under:
EFFECTIVE RATE OF INTEREST ON VARIOUS RETAIL LOANS W.E.10.09.2012 - BASE RATE 10.50%
(w.e.f.01.05.2012)
Sr. No. Product/Period of Loan BARODA HOME LOAN TO INDIVIDUALS / NRIs / PIOs Fixed Rate Option Floating Rate Option Upto 5 years Over 5 years & upto 15 years Over 15 Years & upto 25 years BARODA HOME IMPROVEMENT LOAN BARODA ADDITIONAL ASSURED ADVANCE (Resident / NRIs/ PIOs) Effective Rates per annum with monthly rests Up to Rs 30 Lacs NOT AVAILABLE Over Rs 30 Lacs & up to < 75 lac NOT AVAILABLE 75 lac & above (effective From 01.12.2010) NOT AVAILABLE Base Rate + 1.25% i.e. 11.75% Base Rate + 1.50% i.e. 12.00% Base Rate +1.75% i.e. 12.25%
1.
Base Rate + 0.25% Base Rate + 1.00% i.e. 10.75% i.e.11.50% Base Rate + 0.50% Base Rate + 1.25% i.e 11.00% i.e. 11.75% Base Rate + 0.75% Base Rate + 1.50% i.e. 11.25% i.e. 12.50% Base Rate + 2.50% i.e.13.00% Base Rate + 1.50% i.e. 12.00%
21
22
Sr. Product/Period of Loan No.

2. 3. 4. BARODA MORTGAGE LOAN BARODA ASHRAY (REVERSE MORTGAGE) Fixed rate option Floating rate option BARODA TRADERS LOAN: Irrespective of loan limit / OD / TL Against security of Gold ornaments / Jewellery BARODA LOAN TO DOCTORS Up to Rs. 2.00 Lacs Above Rs. 2.00 Lacs BARODA EDUCATION LOAN Up to Rs. 4 lacs Above Rs. 4.00 lacs up to 7.50 lac Above Rs. 7.50 lac BARODA CAREER DEVELOPMENT BARODA AUTO LOAN BARODA CAR LOAN / BARODA CAR LOAN to HNIs / Corporates Repayment period up to 5 Years Repayment period > 5 Years Baroda Loan for Two wheeler BARODA ADVANCE AGAINST SECURITIES Against NSC / KVP Loan: Overdraft Life Insurance Policy / Relief Bonds Loan: Overdraft: Advance Against Gold Ornament / Jewellery
Effective Rates per annum with monthly rests

Base Rate +5.25% i.e. 15.75% NOT AVAILABLE Base Rate + 1.75% i.e. 12.25% Base Rate + 3.00% i.e. 13.50% Base Rate + 3.00% i.e. 13.50% Base Rate + 3.00% i.e. 13.50%. Base Rate + 2.50% i.e. 13.00%. Base Rate + 2.50% i.e. 13.00%. Base Rate + 4.00% i.e. 14.50%. Base Rate + 3.50% i.e. 14.00% Base Rate + 4.75% i.e. 15.25%
5. 6.
7.
Base Rate + 2.50% i.e. 13.00% Base Rate + 3.00% i.e. 13.50% Base Rate + 4.00% i.e. 14.50% Base Rate + 3.50% or 0.50% over NSC / KVP rate, whichever is higher Base Rate + 4.00% or 0.75% over NSC / KVP, whichever is higher Base Rate + 3.50% i.e. 14.00 % Base Rate + 4.00% i.e. 14.50 %. Base Rate + 4.00% i.e. 14.50 %.
8.
23
Sr. Product/Period of Loan No.

9. BARODA PERSONAL LOAN Except for following Purpose _ Loan to Pensioners _ Loan to Defense Pensioners _ Loan for Earnest Money Deposit BARODA SALARY ADVANTAGE SAVINGS ACCOUNT LOAN AGAINST FUTURE RENT RECEIVABLES. LABOD/ODBOD Below ` 100 lac ` 100 lac & above For Staff : Up to ` 10.00 lac > ` 10.00 lac & up to ` 50 lac > ` 50 lac Advance against the securities of third Party FDRs Below ` 100 lac Loans of ` 100 lac & above Senior Citizen & Staff (to third party)
Effective Rates per annum with monthly rests

Base Rate + 6.50% i.e. 17.00% Base Rate + 5.25% i.e. 15.75% Base Rate + 5.25% i.e. 15.75% Base Rate + 3.25% i.e. 13.75% Base Rate + 5.50% i.e. 16.00% Base Rate + 6.00% i.e.16.50% 1.50% over Interest rate on Fixed Deposit 1.75% over Interest rate on Fixed Deposit 1.00% over Interest rate on Fixed Deposit 1.50% over Interest rate on Fixed Deposit 1.75% over Interest rate on Fixed Deposit 2.00% over Deposit rate or Base rate + 3.50% which ever is higher. 2.25% over Deposit rate or Base rate + 3.50% which ever is higher. Not available
10. 11. 12.
13.
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Staff Loans
(A) Housing Loan (Cir. No. BB:BR:102/135 dated 14.05.2010) 1. Details Eligility Loan Limit Regular Housing Loan
Officer Clerks Substaff** Confirmed Banks Service 90% of total cost or Maximum 20 90% of total cost or Maximum 12 90% of total cost or Maximum 9 lac, whichever is less lac, whichever is less lac, whichever is less Rate of Interest 8% p.a. (Simple) or Base rate which ever is less Margin 10% Repayment 2 yrs after date of first disbursement or 6 months after completion of house/flat which ever is earlier. EMI of Principle - 180 months and of Interest - 60 ** Limit for Part-time sub staff wages 60 times of gross salary subject to maximum Rs. 6/- lac wages 60 times of gross salary subject to maximum Rs. 4/- lac 1/3 wages 60 times of gross salary subject to maximum Rs. 2.67 lac (2) Details Eligibility Loan Limit Interest rate Repayment Margin Officer Clerk Additional Housing Loan for Repair/Renovation/Extention Substaff Full time 1.6 lac
wages 1.2 lac
1/2wag es 0.80 lac
1/3 wages 0.53 lac
Confirmed Bank Service 4 lac 2.4 lac
8% p.a. simple or Base rate, which ever is less 120 months (Principle 90 and Interest 30) 25% of approximate cost
25
(B)
Vehicle Loan (BCC:BR:102/38 dated 04.02.2010 Officers: Car Loan
Eligibility: All confirmed officers with 3 years continuous service, drawing Basic pay not less than Rs. 13820/- There is no ceiling of Basic Pay in case of physically handicapped employees. Purpose Purchase of new car Limit Rate of interest Repayment 80% of control price or 7 lac Which 8.5% (Simple) Principle in 90 months & interest ever is less in 30 months Loan for 2nd hand car may be considered under the same terms and conditions up to an amount equivalent to present market price as per valuation certificate of approved motor garage or insured amount as per insurance company, whch ever is less provided officer gives an undertaking to take comprehensive insurance policy of the vehicle till the loan is repaid fully.
Two-wheeler loan: Eligibility : Confirmed service. Purpose Limit Rate of interest Repayment T/W(Scooter/Motor cycle/.Moped 90% of control price or 90000/- Which ever 8.5% Principle in 70 months & interest is less (Simple) in 14 months Loan of 2nd hand Two Wheeler may be considered provided loan for previous T/W has settled and there is interval of 4 years between two loans from date of sanction of previous T/W loan
26
Loan for 2nd hand T/W may be considered under the same terms and conditions up to an amount equivalent to present market price as per valuation certificate of approved motor garage or insured amount as per insurance company, whch ever is less provided officer gives an undertaking to take comprehensive insurance policy of the vehicle till the loan is repaid fully. Clerical staff Car Loan: Eligibility: Clerks drawing Basic pay of Rs. 10000/- p.m. or above (As per 8 th Bi-partite settlement). There is no ceiling of BP in case of physically handicapped employees. Repayment Principle in 90 months & interest in 30 months
Purpose Purchase of new car
Limit Rate of interest 80% of control price or 5 lac Which 8.5% (Simple) ever is less Two-wheeler loan for Clerks who joined Banks service on or after 18.09.1989 Eligibility:
Clerks who are drawing Basic pay of Rs. 5850/- p.m. or more as per 8th Bi-partite settlement and has joined on or before 18.09.1989 Repayment Principle in 70 months & interest in 14 months
Purpose Limit Rate of interest T/W(Scooter/Motor cycle/.Moped 90% of control price or 90000/- Which 8.5% (Simple) ever is less
27
Sub-Staff Two wheeler loan for Full time substaff who joined Banks Service on or after 18.09.1989 Eligibility: Confirmed Substaff who are drawing Basic Pay of Rs. 5850/- p.m. or more as per 8 th Bi-partite settlement and has joined on or before 18.09.89 Repayment Principle in 70 months & interest in 14 months
Purpose Limit Rate of interest T/W(Scooter/Motor cycle/.Moped 90% of control price or 90000/- Which 8.5% (Simple) ever is less
Part-time Sub-staff Two wheeler loan for confirmed Part time Sub staff Eligibility: Confirmed Part-time Sub-staff who are drawing proportionate wages of Rs. 5850 p.m. or more as per 8th Bi-partite settlement Repayment Principle in 70 months & interest in 14 months
Purpose Limit Rate of interest T/W(Scooter/Motor cycle/.Moped 90% of control price or 90000/- Which 8.5% (Simple) ever is less Disclaimer:
This handout is for Internal Circulation only, although utmost care has been taken in incorporating and updating the data, however in case of any doubt or interpretation, Clarification and/or for need of detailed guidelines please refer to Banks relative Circular/s mentioned at appropriate places.
S.M.Mathur, Chief Manager Nawalgarh, Cell: +918875001954 (O) +919462803807 (P) email : surendra.mathur@bankofbaroda.com
Updated by S.M. Mathur, Chief Manager 28

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Retail Loan products of our Bank at a glance

BARODA HOME LOAN

Updated by S.M. Mathur, Chief Manager

Eligibility (i) Salaried:

Margin For Salaried Class: If Monthly Income

Repayment Including moratorium of 18 months

Retail Loan products of our

Plot/ Own sources -20%

onthly Income) Total deductions not to exceed

All Other cases

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

10% on principal amount repaid.

Base Rate+ 1.50%

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

For Home Improvement

10 yrs EMI Subject to Repaying capacity. Moratorium 6 month

Remarks USPs(In red ink)

2. BARODA AUTO LOANS

Car Loan New/Old

New Car84EMI Old Car36EMI Gas Kit24EMI

Baroda Car loan to HNI/ corporates

24 times of GMI or 3 times of GAI (Av) Max. `100 lac

Retail Loan products of our Bank at a glance

BARODA EDUCATION LOAN:

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Remarks USPs (In red ink)

BARODA MORTGAGE LOANS:

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Remarks USPs (In red ink)

20% of Avg, annual business turnover/ Professional receipts Max.` 25 lac

15% Base cash margin for Rate+5.25% BG

BARODA PERSONAL LOAN

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Remarks USPs (In red ink)

6. BARODA TRADERS LOAN:

Remarks USPs (In red Ink)

Loan : max. 60 months Overdrafts : 12 months subject to annual review

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

7. BARODA LOAN TO DOCTORS:

Remarks USPs(In red ink)

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Base Rate Interest plus 4.00

*As per Cir. BCC:BR:104/ 83 Dated 3.3.12

Under commercial real estate

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Annexure: I -a CHECK LIST FOR HOUSING LOAN Documents Required

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Retail Loan products of our Bank at a glance

Updated by S.M. Mathur, Chief Manager

Retail Loan products of our Bank at a glance

Car Loan (Contd.)

Updated by S.M. Mathur, Chief Manager