TC SMEupdated

SME Finance
SME Loan Products

SME Short Term Loans
SME Medium Term Loans
Baroda SME Loan Pack
Baroda SME Gold Card
Baroda Laghu Udhyami Credit Card
Baroda Scheme for Professionals
Baroda Overdraft Against Land and Building
Baroda Vidyasthali Loan
Baroda Arogyadham Loan
Working Capital Top-Up facility
Baroda MSME Capex Card/Capex Loan
Baroda MSE General Credit Card
Agro Based Scheme-for MSME Regulatory/Expanded Units
Academy of Excellence
Inventing Methods for Igniting Minds

PURPOSE
To meet temporary shortfall / mismatch in liquidity, for meeting genuine

business requirements only.
The facility is not to be made available for other purposes like repayment of
loans of other banks or institutions, unsecured loans etc. or for any purpose not
related to the borrowers activity.
ENTERPRISES GROUP
SME as per expanded definition. Borrowers falling under Real Estate, Power,
Education & IT sector are not eligible.
ELIGIBILITY CRITERIA
Satisfactory credit rating for the last three years (BOB-5 & above) and for 4 half
years in case of accounts where credit rating is done half yearly. Accounts with
continuous decline in rating will not be eligible
Latest Balance Sheet etc. should be available.
Satisfactory financial performance in terms of sales / turnover and profits.
Negative variance, if any, should not be more than 10 %.
Satisfactory dealings with the Bank for at least 3 years.
No major inspection irregularity
SME SHORT TERM LOAN

Limit BOB 1,2,3 rated accounts 25% of Existing working capital
limit
Limit BOB 4 & BOB 5 accounts
20% of existing working capital

limit
Min
Max
10 lacs
250 lacs

PERIOD
To be repaid in 12 months including moratorium . Interest is to be serviced as
and when charged.
SECURITY
First charge / Equitable mortgage of fixed assets of the company / firm or
extension of existing first charge / equitable mortgage of fixed assets,
ensuring that there is a minimum asset cover of 1.25 (ZH can waive the
condition if delay in mortgage)
Extension of Charge on current assets for the additional facility ensuring that
adequate drawing power is available.
Extension of all existing guarantees of Directors / Third party guarantees to
cover the additional facility.
RATE OF INTEREST
As applicable on working capital limits
PROCESSING CHARGES / Upfront fees/Documentation charges
25% concession in usual charges
SME Short Term loan

Sanctioning powers vested with Regional
Manager and above only provided:
There is no Ad Hoc excess is allowed in the
account; and
Conduct of the account is satisfactory.
SME Short Term loan

Need not be referred to SMELF
PSR / Disbursement permission as per guidelines
Time Limit : Max 10 working days.
Letter of request to be obtained from the
borrower
Sanction letter to be issued acceptance is to be
obtained.

PURPOSE
To augment enterprises working capital gap and to
help in improvement of current ratio and also for
meeting genuine business requirements.
The facility will also be available for repayment of
secured and unsecured Loans of other banks or
institutions, but not for any purpose, which is not
related to the enterprises activity.
ENTERPRISES GROUP
SME as per expanded definition

ELIGIBILITY CRITERIA
Satisfactory credit rating for the last three years BOB4 and
above
Latest Balance Sheet etc. should be available.
Satisfactory financial performance in terms of Sales /
turnover and profits. Negative variance, if any, should not
be more than 10 %.
TTL /TNW not more than 3:1 TOL/TNW not more than 4.5:1
and average DSCR should be not less than 1.75:1.
Satisfactory dealings with the Bank for at least Three years.
No major inspection irregularity
PERIOD
Not exceeding 36- months, to be repaid in equal quarterly
or half-yearly installments.
SME MEDIUM TERM LOAN

Limit BOB 1,2,3
25% of Existing working

capital limit
Limit BOB4
20% of Existing working

capital limit MPBF
Min
Max
25 lacs
500 lacs

SECURITY
First charge / Equitable mortgage of fixed assets of the
Company / firm or extension of existing first charge / equitable
mortgage of fixed assets, ensuring that there is a minimum
asset cover of 1.25
RATE OF INTEREST
As per credit rating
Prepayment penalty of 1 %, if loan is prepaid within -24months of drawdown.
PROCESSING CHARGES / Upfront fees
25% concession in usual rate
Documentation : Applicable charges
Credit Audit as per guidelines
SME Medium Term loan

Discretionary Lending Power
BH Scale III
Upto 25 Lacs
BH Scale IV
Upto 62.50 Lacs
BH /Executives V
Upto 250 lacs
BH /Executives VI
Upto 375 lacs
Zonal Heads / GM
Upto 500 lacs

Baroda SME Loan Pack provides single line of credit
for meeting SME borrowers working capital as well
as long term requirements within the overall limit
approved by the bank.
Purpose :
Provide hassle free credit for working capital (fund
based and non-fund based) as also capital
expenditure related to the business of the borrower
within the overall composite limit sanctioned to the
borrower.

ELIGIBILITY
Expanded SME as per SME Policy guidelines 2009.
COMPOSITE LIMIT
4.5 times of borrowers tangible net worth as per
last audited Balance Sheet, or, Rs. 5 Crores,
whichever is lower.
MARGIN 25 %
RATE OF INTEREST
As per credit rating of the borrower

SECURITY
Exclusive charge on the assets of the enterprise.
Personal Guarantees of all promoter Directors/partners.
Charge on the unencumbered personal properties of the
partners, promoter Directors, wherever
applicable .
(Will not be applicable in cases covered under CGTMSE
scheme)
Third party guarantee in case of credit line above Rs.
100.00 lacs in case of Micro and Small Enterprises as per
regulatory definition.
Any other collateral for the credit line above Rs. 25.00
lacs for SMEs as per expanded definition (i.e. based on
Turnover criteria and Medium Enterprises) to maintain
asset coverage ratio above 1.25)

Documentation
As per the drafts approved by our Legal
Department.
Usual Service charge
Financial ratios should be minimum as under:
Current Ratio- 1.20,
D/E ratio (TTL/NW) 3:1,
D/E ratio (TOL/NW) 4.5:1,
Asset Coverage Ratio - 1.25

The provisions of CGTMSE would be applicable for credit lines up to
Rs. 100.00 lacs in case of MSE units.
Credit rating applicability would be as per Domestic Loan Policy-2009
norms.
Stock/Book Debts statement to be obtained every month/as per
credit rating.
Book debts statement to be certified by Chartered Accountant on
quarterly basis.
Pre sanction inspection to be carried out and report to be kept on
record.
Thereafter inspection to be carried out on annual basis.

Baroda SME Gold Card envisages provision of additional limit of
10 % of the assessed eligible bank finance for Working Capital
to existing Small & Medium Enterprises, on request along with
regular application for Working Capital limits to meet emergent
requirements.
PURPOSE
To provide hassle free on the spot assistance to take care of
borrowers emergent requirements and tie up temporary
mismatch in liquidity arising out of delayed payment by buyers,
tax payment, execution of bulk orders, etc.
ELIGIBILITY
Expanded as per SME policy guidelines. Real Estate, Power
projects, Educational Institutes, IT firms not eligible.
SME GOLD CARD

Eligibility:
In case of existing accounts A/c in Standard Category for last 2 years
Obligor credit rating of BOB- 5 and above
working capital limits of Rs. 25/- lacs and above.
In case of Take Over accounts: Obligor credit rating of BOB- 5 and above
No deviation allowed in Take over norms while taking
over account
working capital limits of Rs. 25/- lacs and above.
A/c with sole banking arrangement are only eligible
Mo major inspection irregularity

RATE OF INTEREST
As applicable for regular Cash Credit facility and as per credit
rating
PERIOD
12 months to be allowed on 4 occasions during the year for a
maximum period of 2 months on each occasion. Minimum gap
of 15 days between 2 drawals.
SECURITY
As applicable to regular Cash Credit facility.
DOCUMENTATION
No additional documentation / formalities required at the time
of availing facility every time as the 10 % additional limit will
be a part of the regular sanction.

PURPOSE
To provide hassle free credit facilities to Small Business units,
Retail Traders, Artisans, Village Industries, Small Scale Industrial
units and Tiny units, Professionals and Self Employed persons etc.
ELIGIBILE BORROWERS
All existing borrowers having limit of Rs. 10 lacs in the category of
Small Business, Retail Credit, Artisans, Village Industries, Small
Scale & Micro Enterprises Units, Professionals and Self-employed
persons having satisfactory track record and dealing with the bank
for last 3 years.
LIMIT
Maximum upto Rs. 10 Lacs per borrower.

PERIOD / VALIDITY
The limit fixed under the scheme will be valid for a
period of three years subject to internal annual review
based on the conduct / operations of the account. Limit
can be enhanced without submission of a detailed
proposal by the borrower.
SECURITY
Hypothecation of stock in trade, receivables, machinery,
office equipment etc. as specified for existing limit.
MARGIN
25 %.
Rate of interest:
As applicable to micro & small enterprises

Assessment of Credit limit for small business/retail
traders:
20% of annual turnover declared for tax purposes
or last 12 months turnover in operative account,
whichever is higher.
Parties with good track record where sales tax
return is not available limit may be decided taking
into account actual turnover in account during last
two years.
For Professionals 50% of GAI as per IT return.
For SSI units assessment as per Nayak committee
norms.

ELIGIBILITY:
Professionals in any discipline i.e. Engineers,
Architects, Interior decorators, Photographers,
Financial Consultants(CA/ICWA/ CS), Advocates and
specialized
qualified
service
providers.
(Proprietorship/Partnership/Pvt./Public
Limited
Companies)
Existing OD Limits to Doctors/Dentists to be
brought under Baroda Doctors Loan under Retail.

PURPOSE:
Working Capital
Purchase of Equipments, expanding/renovating
NFB Facilities
(TL/DL/CC/NFB Facilities)
LIMIT: Min. Rs. 10 lacs Max. Rs. 5 Crores
REPAYMENT: Max. 84 months incl. moratorium.
Interest servicing every month.

METHOD OF ASSESSMENT:
Working Capital: First method of lending or 20% of
T/O; whichever is higher.
TL/DL: For purchase of L&B/P&M margin of
25%/20% respectively. Repayable in 7 years incl.
moratorium based on cash flow.
RATE OF INTEREST: Micro & Small EnterprisesBR+1% p.a.(less than Rs.25 lacs)
Above Rs. 25 lacs: BR+1.50%/1.75%/2.00% for
Micro/Small/Medium Enterprises.

MARGIN:
Cash credit: 25% against stock & book debts upto
90 days only.
TL/DL: 20% of Plant & Machinery; 25% on Land &
Bldg. and 35% on Second Hand Plant & Machinery.
CASH MARGIN: For LC &BG facility- 20% minimum

DOCUMENTATION:
D.P. Note (as per constitution of borrower)
Letter of Continuing Security( in CC/OD)
Letter of U/T for Book Debts(in CC/OD)
Letter of installments with acceleration clause(DL/TL)
EM of Land & Building,
Hypo. Of Stock/BD/Machinery as the case may be.
General Form of Guarantee & all other usual
documents
Stock & Book Debts Statement: Monthly for CC

and Quarterly for OD facility.
Inspection: As per Extant Guidelines
Baroda Overdraft against Land and Building

Baroda Overdraft against land and building is a unique
product for financing working capital requirements
against security of unencumbered land and building
belonging to the unit or Promoters of the unit or their
close relative.
PURPOSE
To provide hassle free credit to SME borrowers to
meet working capital requirements fund based / non
fund based.
ELIGIBILITY
SME as per expanded definition.
OD against Land & building

The Manufacturing/Service sector units (other than Retail Trade) should
have been established in the line of activity for a minimum period of 2
years.
In case of new Manufacturing/Service sector units (other than Retail
Trade), facility may be considered if unit is established by our existing
customers having satisfactory track record and the same is set up from
their own sources.
Manufacturing and Service Sector units (other than Retail Trade) having
less than two years establishment may be considered with the prior
approval of one authority higher than the Sanctioning authority under
whose powers the proposal falls.
Units with credit rating of BOB-6 and above as per CRISIL Module.
In case of take over of accounts in addition to the Product norms, the
norms prescribed in Domestic Loan Policy 2009/SME Policy 2009 should be
complied with.

LIMIT
Minimum : Rs. 25 Lacs
Maximum: Rs. 50 Lacs (for Rural branches)
Rs. 200 Lacs (for Semi urban branches)
Rs. 500 lacs ( for metro / urban branches)
SECURITY
Mortgage of factory land and building and / or any other property (Land
& Building)
belonging to promoters, viz. Directors, who will also stand as
Guarantors, Proprietor or Partners.
Close relative of promoters father, mother, wife, son , daughter only
provided they stand as guarantor
In case of residential / commercial building, age of property should not be
more than 25 years.
MARGIN
40 % of the market value of property mortgaged Regional head can
reduce to 35%

OTHER FEATURES
Simplified assessment methods.
Submission of stock / book debts statements on half
yearly basis. July , January End
Annual inspection of securities.
Non-fund based facilities allowed by earmarking
Overdraft facility.
Valuation of properties once in 3 years.
Charges : As applicable.

PURPOSE
To meet the financial requirements for setting up the institutions
which includes
Construction of building, purchase of equipment etc. for the new
set up as also renovation/modernization of the existing facilities,
Purchase of instruments for imparting education training to the
students.
Finance for land alone is not permissible. However, Land if part of
project cost max 20% and Undertaking to be obtained that
construction will be completed within 2 years.
Overdraft for short term requirement, provided the institution is
profit making and no other Bank liability is theres.
ELIGIBILITY
Educational institutions, Schools, Colleges and other education
bodies running education activities set up by firms, companies,
Trusts, Societies. HUF are not eligible.

SECURITY:
EM of Land & Building of Educational Institute (not agricultural land).
Where Institute Land & Building cannot be mortgaged due to
restriction by AICTE/Local Govt. laws alternate collateral security i.e.
land & building(NA) owned by institution/promoters of the institution.
EM of Land standing owned by promoters leased out to school/college,
then EM of leasehold rights of the school/college on the building may
be permitted. Clear title of the property by the Zonal Legal
Dept./Empanelled Advocate as applicable. The lease period not to be
less than 30 years.
Hypothecation of Instruments & Equipment acquired out of the loan
and other assets of the Educational Institution.
Personal guarantees of the Promoters of the Institution. Waiver
permission only from Regional Authority.
At least 30% collateral other than school/college building if credit
facility exceeds Rs. 10 Crores. Any deviation in this condition from
ED/CMD only.

LIMIT
25 LACS-1500 LACS
MARGIN
25 % of the cost of the project.
REPAYMENT PERIOD
Maximum 84 months including moratorium period of 2
year, depending upon the cash flow.
TEV study not required.
RATIOS:
C/R-1.17(MSE), 1.20(ME), 1.33(SME-EXP)
DE RATIO- 4.5:1/3:1(TOL:TNW/TTL:TNW)
DSCR: 1.75(AVG)/1.25(MIN.)

Rate of Interest as under or as per Credit Rating :
Amount
RoI
UP TO RS. 5 CRORES
BR+1%
ABOVE RS. 5 CRORES UPTO RS. BR+1.5%

10 CRORES
ABOVE RS. 10 CRORES & UPTO
RS. 15 CRORES
BR+2.25%
The above given Rate of Interest shall generally be lower as the lowest rate as per
Credit Rating for Micro Enterprises with CR-1 rating is BR+1.40%.

ACTIVITY CLEARANCE:
Upto Rs. 1 Crores- Regional Head

Above Rs. 1 Crores & upto Rs. 2 Crores-Zonal
Head
Above Rs. 2 Crores- ED/CMD
Note: Earlier these powers were vested with the BCC only.
New norms under the revised scheme are applicable to new
accounts only. The benefit can be extended to existing
accounts at the time of regular review only.

ASSESSMENT AND OPERATION OF OD LIMIT:
1. Only to existing profitable institutions without
any bank liability.
2. For meeting short term requirements against fee
receivables for one semester with 25% margin.
3. Security of mortgage of assets in the name of
institution.
4. OD to be liquidated in maximum period of 6
months out of fee collection and to be allowed
maximum 2 times in a year.

Documents required for appraisal:
1. ABS & PL for last 3 years for existing institution.
Project Report for new institutes.
2. Minimum rating of BOB-6.
3. Overall security coverage minimum 1.25.
4. TEV Study not to be carried out irrespective of
project cost.
5. Institution should have the requisite permission
from respective Govt. authority/Education Board
for running the courses.

PURPOSE
To meet the financial requirements for setting up of new
Nursing Home / Hospital including Pathological Laboratory
Expansion / renovation / modernization of existing Nursing
Home /Hospital including Pathological Laboratory,
Purchase of Medical Diagnostic Equipments as also Office
Equipments, viz. Computers, Air Conditioners, Office
Furniture, Purchase of Ambulance etc.
To meet Working Capital requirements.
ELIGIBILITY
SME expanded

Note: The Promoters should have requisite qualification in any
branch of Medical Science from a recognized University and
should have minimum 2 years of work experience.
LIMIT
Rural Centers - Rs. 0.50 crores
Semi-Urban Centres - Rs. 6.00 crores
Urban & Metro Centres - Rs. 12.00 crores
Working Capital limits upto 10 % of the annual sale or gross
income, subject to 20 % of the above ceiling limits in case of
borrowers requiring both Term Loan and working capital
facilities.
In case of borrowers requiring only working capital limit, 20 % of
the above ceiling limit.

SECURITY
Equitable mortgage of Land & Building / Premises of Nursing Home /
Hospital
Hypothecation of Medical Equipment / Office Equipment acquired out
of loan amount.
Personal guarantee of Promoter Directors in case of Limited Companies
and Trustees in
case of Trusts.
Hypothecation of medicines, receivables and other chargeable current
assets.
Charge on unencumbered assets of Promoter Directors in case of
Private Limited
Companies, or any other collateral by way of FDR, mortgage of
properties in the personal name of the relatives of Promoters, etc.
MARGIN 25 %
RATE OF INTEREST As per credit rating of the borrower
REPAYMENT PERIOD 35 months to 84 months including moratorium
depending upon the cash flow.
Working Capital- Top-Up Facility

New product unique product that ensures flow of
requisite Working Capital Funds to the business entities
at the appropriate time (beginning of the financial year)
Purpose: To meet the additional working capital funds
required for achieving the estimated business levels.
Coverage: All existing accounts with present aggregate
working capital limit of Rs 1.00 Cr & above
Eligibility:
Sales, TNW, PAT, CR & DER are in line with estimates for 9
months concluded.
Sales for the concluded year are as per estimates
submitted at previous assessment 80% minimum.
Period: 06 months
Limit: 50% of the increased portion of assessed
& approved working capital limits (Fund & Nonfund Based) for the next financial year can be
availed in the beginning of that year.
Security : Extension on Existing Security
Working Capital- Top-Up Facility

Other Conditions:
External rating min. BBB and Internal rating min.
BOB-6.
Conduct of the account is satisfactory.
Documentation, Creation/Registration of charge
is complete in all respects.
No excess/adhoc over and above the top up
facility.
Bank reserves the right to withdraw/reduce the
enhanced facilities.
Capex Loan/Capex Card

Unique product that takes care of the emergent capex
requirement of the borrowers. It is observed that these emergent
needs are being met by diversion of working capital funds.
Purpose: Loan for capital expenditure related with regular

business activity like :
Replacement of old machinery,
Purchasing of balancing equipment,
Modernisation/ Investment in R & D,
Purchase of cars and other vehicles for business purpose,
Investment in captive power plants and upgradation of
technology,
Alteration in layout of factory/office, acquisition of
software/hardware and tools/jigs forming part of plant &
machinery.
Capex Loan/Capex Card-Contd.

Eligibility:
- MSME borrowers (Regulatory) and SME
(Expanded) rated BOB-5 and above
- The manufacturing/service sector units
should have been established in the line of
activity for a minimum period two years.
- Account running with satisfactory dealings for
last one year & above
Capex Loan/Capex Card-Contd.

Limit: 15% of Plant & Machinery for MSME (Mfg.) and
25% for Services sector outstanding as per last Audited
Balance Sheet or 10% of the working capital whichever is
higher based on DSCR and subject to cap MSME Capex card : Min. 25 lacs and Max Rs.5.00 Crore
MSME Capex Loan: Min 25 lacs and Max Rs. 2.00 Crore
Ratios: Average DSCR including the repayment of proposed
STL not less than 1.75 and Min DSCR not less than 1/1.25 for
MSE /Medium & SME Expanded respectively.
Capex Loan/Capex Card-Contd

Margin :Land & Building-30%, Plant & Machinery-25%
Repayment period:3 to 7 years including moratorium
period
Operational Issues:
CAPEX CARD
When
to At
the
time
sanction
Sanction/Renewal
CAPEX LOAN
of When CAPEX Card limit not
assessed at regular review/
sanction
Competent Having
power
to Having financial powers to
Auth.
sanction
regular+ sanction the aggregate of the
proposed CAPEX card regular credit limits and the
limit
proposed CAPEX Card
Capex Loan/Capex Card-Contd

CAPEX CARD
CAPEX LOAN
Assessment/
Justification
No
separate
assessment At the time of sanction
/justification required at the time
of sanction. Justification to be
obtained at the time of
disbursement.
Frequency
At the time of sanction/review
SecurityPrimary
First charge on assets created First charge

out of Bank finance
created.
Collateral
As per sanction
Documentatio
n
Security documents/extension of Security docu

charge/EM to be obtained before
the disbursement of actual Term
Loan (OR)
As per need, not exceeding

prescribed limits
on
assets
Guarantee/extn of charge on
existing securities
Baroda MSE General Credit CardObjective

To provide adequate and timely assistance to the
Individuals
For non farm entrepreneurial activity to meet
their credit requirements
both investment needs as well as working capital
In a flexible and cost effective manner
Eligibility
Any individual taking up non farm entrepreneurial
activity across the country eligible for classification
under the priority sector guidelines
Individuals will not be eligible if he/she has been
issued any type of credit card such as :
Baroda Kissan Credit Card,

Baroda Artisans Credit Card,
Baroda weavers Credit Card,
Baroda Laghu Udyami Credit Card,
BOBCARD,
Any other type of credit card etc. except the Cards for
consumption needs
Purpose & Limit

Working Capital Requirement
Financing new project, i.e., acquisition of land/
construction of building, plant and machinery based
on project cost/expansion project.
Non-fund based facilities
Limit: Minimum Rs. 25000/Maximum: Rs. 1 lac.
VALIDITY/ RENEWAL OF LIMIT

Credit Card would normally be valid for 3 years
subject to an annual review.
Review may result in (a)Continuation of the facility,
(b) Enhancement of the limit or (c) Cancellation of
the facility, depending upon
The performance of the activity and
Conduct of account by the borrower.
Need based enhancement will be considered within

the overall limit of Rs. 1/- lac for borrowers having
satisfactory performance/conduct of account .
For the purpose of annual review, the borrower may
not be required to submit any financial statement.
VALIDITY/ RENEWAL OF LIMIT

The review exercise may be carried out annually
based on the assessment of performance
During inspection of field staff and ;
Operation in the account
Processing and Documentation/and other service
charges Banks guidelines.
Sanctioned limit will expire on the death or
insolvency of the cardholder and bank will be
entitled to recover entire outstanding amount
against the cardholder on the death or
insolvency of the cardholder
Security & Margin

Primary security: Asset financed
Collateral Security: NIL
Preferably to be covered under CGTMSE. Coverage
under CGTMSE should not be a precondition for
issuing the card.
Margin:
WC/TL/DL/NFB- 20%
Land & Building 25%
Documents
D P Note
Hypothecation of assets financed out of the loan
under the Scheme.
Letter of installment, in case of loan availed for
purchase of tools and equipments/Machinery.
In case of working capital requirement quarterly
stock/Book Debt to be submitted. Book debt
statement to be certified by Chartered Accounts
annually in case of finance against Book Debts.
Any other relevant documents as per extant
guidelines
Rate of Interest
Limits
Micro Enterprises
Small Enterprises
Up to Rs. 50000
Base Rate i.e. 10.25%

p.a.
BR+0.50% i.e. 10.75%

p.a.
Above 50000 to Rs. 1

lac.
BR+0.50% i.e. 10.75%

p.a.
BR+1.00% i.e. 11.25%

p.a.
Repayment
Term / Demand Loan: Maximum 84 months with -12months moratorium
Working Capital: For 12 months subject to annual
review.
Other Conditions
The card should be used by the Card holder
The card should not be allowed to be used by any
other person on his behalf nor the card be handed
over or transferred to anyone.
In case of loss of card, the same procedures to be
followed as applicable for BOBCARD. Loss of card to
be informed to police station and copy of FIR to be
submitted to the Branch.
Cards are being issued by MSME Department, BCC to
regional offices for onward distribution to branches,
based on their potential.
BGCC scheme discontinued

With the introduction of the above scheme, existing
Baroda General Credit Card scheme stands
cancelled.
Existing accounts in the said scheme to be
transferred to BMGCC Scheme in a phased manner.
Limits sanctioned under the Scheme to be reported
under Micro/Small Enterprises Sector advances
based on Investment in Plant and Machinery.
Baroda Agro based Scheme-for MSME

Regulatory/Expanded
Purpose: To augment MSME Business for specialized
activities under MSME Category.
Original Scheme introduced in March 2014 vide

circular BCC:BR:106:109 dated 20.03.2014. Renewal
vide
Circular
No.
BCC:BR:106:244
dated
28.06.2014(with modifications)
Eligibility: All new/existing units (including take over
from other banks) engaged in :
1. OIL MILL/ SOVENT EXTRACTION UNITS
2. RICE/DAL/FLOUR MILL UNITS
3. SEED PROCESSING/AGRO PROCESSING UNITS
Under MSME/SME Expanded Segment.

Regulatory/Expanded
Constitution:
1. Proprietorship & partnership concerns
2. Private Limited Companies
3. Public Limited Companies
Amount:
Minimum : Rs. 25 lacs
Maximum : Rs. 20 Crores for all except Cotton Ginning
and Pressing units for which maximum amount is Rs.
30 Crores.

Regulatory/Expanded
PURPOSE:
1. Working Capital
2. New Project : Acquisition of Land/ Construciton of
Building/Plant & Machinery based on project cost
incl. Takeover of existing units
3. Non Fund Based Facility (BG/LC)
ACTIVITY CLEARANCE:
Required for Oil Mills as per Loan Policy guidelines.

Regulatory/Expanded
Rate of Interest:
Classification
Original RoI*
Revised RoI **
Micro Enterprise
BR+1.25%
BR+0.75%
Small /Medium Enterprise

(CGTMSE covered)
Small/ Medium
Enterprise (where
more than 50% collateral security BR+1.50% /
BR+1.75%
available)
Other Small/Medium Enterprises
BR+0.75%
SME expanded
BR+2.75%
As per Credit
Rating
BR+1%
BR+ 1.25%
*Circular BCC:BR:106:109 dated 20.03.2014

**Revised Scheme Circular BCC:BR:106:244 dated 28.06.2014
Tenor Premium to be charged separately as per Extant Guidelines


Regulatory/Expanded
MARGIN:
Stock & Book Debts: 25%
Plant & Machinery : 25%
Land & Building
: 30%
EXTERNAL RATING:
Minimum BB (deviating from existing policy of Min BBB)
can be accepted in case of take over accounts.
In case of unrated, a minimum of BOB 5 (duly validated
as per norms) may be accepted by sanctioning authority,
to be permitted by not below than Regional Head.
In such case borrowal unit to undertake to get it done
through an approved agency within 3 - 6 months.

Regulatory/Expanded
Period:
12 months for Working Capital
84 months max. repayment incl. 12 months moratorium.
Concessions:
50% concession in Unified Processing charges, ZH may allow
75% concessions in first year.
60% concession in TEV Study charges, if any.
Other condition in case of take over accounts:
Min. CR-1.10 & Max.DER(TOL/TNW)-5.00
CR excluding TL installments should meet policy norms.
DSCR Minimum 1.50, if applicable
No restructuring in past 2 years.

TC SMEupdated

Transféré par

Informations du document

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

TC SMEupdated

Transféré par

Droits d'auteur :

Formats disponibles

SME Finance

SME Loan Products

Inventing Methods for Igniting Minds

SME Short Term Loans

To meet temporary shortfall / mismatch in liquidity, for meeting genuine

Inventing Methods for Igniting Minds

SME SHORT TERM LOAN

Limit BOB 4 & BOB 5 accounts

20% of existing working capital

Inventing Methods for Igniting Minds

SME Short Term Loans

Inventing Methods for Igniting Minds

SME Short Term loan

Inventing Methods for Igniting Minds

SME Short Term loan

Inventing Methods for Igniting Minds

SME Medium Term Loans

Inventing Methods for Igniting Minds

SME Medium Term Loans

Inventing Methods for Igniting Minds

SME MEDIUM TERM LOAN

25% of Existing working

20% of Existing working

Inventing Methods for Igniting Minds

SME Medium Term Loans

Inventing Methods for Igniting Minds

SME Medium Term loan

Upto 62.50 Lacs

Upto 250 lacs

Upto 375 lacs

Upto 500 lacs

Inventing Methods for Igniting Minds

Baroda SME Loan Pack

Inventing Methods for Igniting Minds

Baroda SME Loan Pack

Inventing Methods for Igniting Minds

Baroda SME Loan Pack

Inventing Methods for Igniting Minds

Baroda SME Loan Pack

Inventing Methods for Igniting Minds

Baroda SME Loan Pack

Inventing Methods for Igniting Minds

Baroda SME Gold Card

Inventing Methods for Igniting Minds

SME GOLD CARD

Inventing Methods for Igniting Minds

Baroda SME Gold Card

Inventing Methods for Igniting Minds

Baroda Laghu Udhyami Credit Card

Inventing Methods for Igniting Minds

Baroda Laghu Udhyami Credit Card

Inventing Methods for Igniting Minds

Baroda Laghu Udhyami Credit Card

Inventing Methods for Igniting Minds

Baroda Scheme for Professionals

Inventing Methods for Igniting Minds

Baroda Scheme for Professionals

Inventing Methods for Igniting Minds

Baroda Scheme for Professionals

Inventing Methods for Igniting Minds

Baroda Scheme for Professionals

Inventing Methods for Igniting Minds

Baroda Scheme for Professionals

Stock & Book Debts Statement: Monthly for CC