MSME finance

Eligible beneficiaries are individual entrepreneurs, private companies, Farmer Producer Organisations (FPOs), Section 8 companies, Micro, Small and Medium Enterprises (MSMEs) and dairy cooperatives.

10 years including 2-year principal moratorium

Repo rate or MCLR linked

Not published on the reviewed Baroda Arogyadham Loan page.

Not published on the reviewed Baroda Arogyadham Loan page.

Annual sales turnover up to ₹250 crore

Not published on the reviewed Baroda Contractor Loan Scheme page.

Not published on the reviewed Baroda Contractor Loan Scheme page.

₹10 lakh minimum and ₹15 crore maximum per project.

Minimum collateral is 25% of the loan amount. A debt-service reserve account equivalent to 3 months of EMI is obtained upfront.

Up to 5 years including the moratorium period.

Progressive/scientific farmers, corporate farmers, FPOs/FPCs, companies of farmers, proprietorships, partnerships, farmer cooperatives, large owner-cultivators, individual/joint borrowers and lease cultivators. Existing BKCC borrowers may qualify subject to no double financing of the same land parcel.

Minimum ₹5 lakh and maximum ₹10 crore. Working-capital finance can consider 150%, 200% or 250% of the applicable scale of finance multiplied by cultivated area, plus 30% for miscellaneous post-harvest, repair, maintenance and insurance expenses.

One-year MCLR + Strategic Premium: +1.25% for ₹5–25 lakh, +1.50% above ₹25–200 lakh, +2.00% above ₹200–500 lakh and +2.50% above ₹500 lakh.

Working-capital margin is nil. Primary security is hypothecation of crops/assets created from finance. Collateral may be agricultural-land mortgage, or eligible substitute property/securities equal to the required value or shortfall.

Due date is tied to the crop cycle: 12 months for short-term crops and 18 months for long-term crops from disbursement.

GST- and UDYAM-registered women-owned sole proprietorships, or firms/companies with at least 51% women ownership

No collateral up to ₹5 crore when covered under CGTMSE

Maximum tenor is 10 years. The page does not publish a separate minimum tenor, moratorium or repayment-frequency schedule.

MSEs registered on the UDYAM portal investing in an existing brownfield unit in one of 11 identified circular-economy sectors and complying with Extended Producer Responsibility and waste-recycling targets. Greenfield projects are not eligible.

No interest rate, benchmark or spread is published on the reviewed SPICE page.

For loans up to ₹50 lakh, margin is 10% of invoice value. Above ₹50 lakh, margin is 10% on the first ₹50 lakh and 25% on the amount above ₹50 lakh.

No repayment period or maximum loan tenure is published on the reviewed SPICE page.

Working-capital finance, both fund-based and non-fund-based, plus capital expenditure within the sanctioned composite limit. Facilities may be short- or long-term fund-based or non-fund-based according to borrower requirements.

4.5 times the borrower's tangible net worth in the last audited balance sheet, or ₹10 crore, whichever is lower.

Competitive pricing linked to the Repo rate/MCLR.

25% on all facilities.

Not published on the reviewed SME Loan Pack page. The Interest Rates & Charges section says pricing is linked to the Repo rate/MCLR but exposes no processing, documentation, inspection, renewal or prepayment fee amount or tariff.

Maximum term-loan period up to 7 years.

Bill/invoice discounting for eligible vendors and sub-vendors supplying investment-grade anchor corporates, providing finance with reduced or no collateral requirements.

Large manufacturers/service providers: turnover ₹200–₹2,000 crore, external rating BBB or higher, positive operating profit for at least 3 years and minimum 5-year establishment. Small manufacturers/service providers or sub-vendors: turnover ₹50–₹200 crore, positive operating profit for at least 2 years, minimum 3-year establishment and CMR 1–5.

No numeric minimum or maximum sanctioned amount is published. The page says vendors receive a higher quantum than the conventional route because the margin is much lower, but the actual limit is set within appraisal and the anchor/vendor programme.

Competitive pricing linked to BRLLR/Repo rate/MCLR.

10% of bill/invoice amount.

Not published on the reviewed product page. The Interest Rates & Charges section identifies benchmark-linked pricing but does not state processing, documentation, inspection, renewal, bill or prepayment charges, and no product tariff is linked.

Finance is provided for 90 days.

Individuals, proprietorships, partnerships, LLPs and companies, including existing Bank customers and non-customers, for cash-flow-based Micro and Small Enterprise financing. The digital channel is available 24×7.

Facilities above ₹10 lakh up to ₹200 lakh (₹2 crore).

The product page describes the rate as attractive but does not publish a numeric ROI, spread or benchmark for bob Digi Udyam. The applicable rate must be confirmed in the sanction and current Bank of Baroda rate schedule.

A concession in processing fee is advertised for loans up to ₹50 lakh (₹50,00,000), but the page does not publish the concession amount, standard fee, documentation fee or other applicable charges. Fees and duties once paid are not refundable.

The page lists cash credit, overdraft, term loan, demand loan, bank guarantee and letter of credit facilities but does not publish a repayment or validity period for any facility. Tenure is set in the sanction terms.

Purchase of looms and related capital expenditure, plus need-based working capital.

₹5 lakh inclusive of demand-loan and working-capital finance.

Not published on the reviewed official page. The interest-rate section states competitive BRLLR-linked pricing and subsidy terms but gives no processing-fee amount or percentage.

Not published on the reviewed official page. It describes demand-loan and working-capital facilities but does not state a repayment tenor, moratorium or renewal period.

Up to ₹30 crore.

Up to 100% of chassis ex-showroom price, up to 60% of body cost and up to 95% of fully built vehicle price.

Concessional one-time processing fees apply, but the reviewed official page does not publish the amount or percentage.

Up to 5 years.

Eligible micro, small and medium enterprises

Primary security is the asset created from the credit facility or directly associated with the financed business/project. Separate facilities may be covered even when another facility has collateral or a third-party guarantee, subject to scheme rules.

Additional working-capital term loan for eligible direct and indirect exporters, including MSME exporters, to meet short-term liquidity needs and explore new markets.

For the Non-MSME variant, the borrower must be an existing standard account (excluding SMA-2) as at 30 September 2025, not an NPA with any bank/lender at sanction or disbursement, have an active working-capital limit and, as a direct exporter, at least 20% export turnover.

Up to 20% of sanctioned working-capital limits (fund-based plus non-fund-based), capped at ₹50 crore per borrower.

1% below the rate applicable to existing working-capital facilities on 19 November 2025, capped at 10% p.a.

The scheme provides 100% NCGTC guarantee coverage, requires no additional collateral and no personal/corporate guarantee, and creates a second charge on cash flows and existing securities.

Nil processing fee.

4 years including a 1-year moratorium.

Additional working-capital term loan for eligible direct and indirect exporters, including MSME exporters, to meet short-term liquidity needs and explore new markets.

For the Non-MSME variant, the borrower must be an existing standard account (excluding SMA-2) as at 30 September 2025, not an NPA with any bank/lender at sanction or disbursement, have an active working-capital limit and, as a direct exporter, at least 20% export turnover.

Up to 20% of sanctioned working-capital limits (fund-based plus non-fund-based), capped at ₹50 crore per borrower.

1% below the rate applicable to existing working-capital facilities on 19 November 2025, capped at 10% p.a.

No additional collateral or personal/corporate guarantee is required. The facility carries a second charge on existing securities.

4 years including a 1-year moratorium.

Published purpose-specific ceilings are up to ₹40 lakh for dealers/distributors of cattle or poultry feed and up to ₹30 lakh for sprinklers, drip irrigation and agricultural machinery. The page gives no overall scheme limit.

No product-specific processing, renewal or other borrower fee is published on the reviewed page.

12 months.

Micro, small and medium manufacturing or service enterprises meeting the Government of India MSME investment and turnover definitions.

₹10 lakh minimum and ₹5 crore maximum for working-capital fund-based facilities.

First charge on all assets created from the loan or other security mutually agreed with the bank.

12-month working-capital tenor, subject to annual review

Purchase and installation of grid-connected rooftop or ground-mounted solar equipment/plant for captive use.

Minimum ₹10 lakh and maximum ₹30 crore including AMC and insurance fees.

Not published on the reviewed Solar Projects Finance product page, linked MSME interest-rate page or the bank's download-forms index. Security is subject to the bank's extant lending guidelines and the sanction documents.

Not published for this scheme on the reviewed product page, linked MSME interest-rate page or service-charge index. Any applicable fee should be confirmed in the sanction letter or current branch tariff before application.

Finance for upgrading existing micro food-processing enterprises, with support for individual units, FPOs, SHGs and cooperatives, plus branding, marketing, common processing/lab/storage/packaging facilities and technical support.

Working-capital fund-based: ₹250 per lakh or part above ₹3 lakh to ₹10 lakh, and ₹350 per lakh or part above ₹10 lakh, plus GST. Non-fund-based charges are 50% of fund-based charges. Fresh term loan above ₹3 lakh: 1% of sanctioned limit plus GST. Term-loan review above ₹3 lakh: ₹60 per lakh or part, plus GST.

Working capital is 12 months. Term loan is up to 84 months including a 12-month moratorium, subject to annual review.

Term finance for purchase of new construction or mining equipment.

Individuals, proprietorships, partnerships and companies engaged in construction or mining, including first-time buyers and small, medium, large and strategic-segment contractors/operators.

MSME interest is linked to the Repo Rate (BRLLR). Other enterprises’ interest is linked to the one-year MCLR. The page describes the rate as concessional/competitive but publishes no numeric spread.

Minimum 10% margin.

Up to 5 years.

Regulatory MSME borrowers and expanded SME borrowers rated BOB-5 or above. Manufacturing or service units must have operated in the line of activity for at least 2 years, maintained satisfactory account dealings for at least 1 year and have no adverse account-conduct features.

30% for land and building and 25% for plant and machinery.

Not published on the reviewed product page. No processing, documentation, commitment, inspection, renewal or prepayment fee is stated and no product tariff is linked.

3 to 7 years including the moratorium period.

Not published as a universal rupee limit on the reviewed page. Bank of Baroda describes multiple MSME loan and advance uses, but no minimum or maximum sanctioned amount is shown.

Competitive pricing linked to the Repo rate or MCLR. The reviewed page does not publish a numeric benchmark value, spread, reset frequency or final rate.

Not published on the reviewed catalogue page. It does not state primary security, collateral, guarantee or charge requirements for the different MSME facilities.

Not published on the reviewed catalogue page. No processing, documentation, inspection, commitment, renewal or prepayment fee schedule is linked.

Not published on the reviewed catalogue page. No numeric repayment period, moratorium, maturity or instalment frequency is stated.

Eligible micro, small and medium enterprises

No collateral is required. The bank may hypothecate assets created from its finance, and the loan is covered under CGTMSE.

Nil

Standalone construction and mining equipment finance for the bank's existing, well-rated borrowers who need equipment repeatedly to execute work contracts.

Up to ₹50 crore.

Minimum 10%.

Concessional one-time processing fees are stated. The official page does not publish a numeric amount, percentage, cap or waiver condition.

Up to 5 years.

Export-credit working capital through fund-based pre-shipment/post-shipment and non-fund-based limits.

Minimum ₹5 lakh and maximum ₹7.50 crore.

Provide demand or term finance to NBFC-MFIs for onward lending to qualifying individuals and groups under RBI Priority Sector criteria.

NBFC-MFIs engaged in on-lending to individuals or groups for activities eligible for Priority Sector classification under Agriculture, MSME and other RBI-defined categories.

Loans up to ₹3 lakh: one-year MCLR + SP + 0.50%. Above ₹3 lakh and below ₹25 lakh: one-year MCLR + SP + 1.50%. At ₹25 lakh and above, the spread depends on internal credit rating: CR-1 +1.40%, CR-2 +1.65%, CR-3 +1.90%, CR-4 +2.40%, CR-5 +3.40%, and CR-6 or below +5.40%.

10% on book debts created from funds borrowed from Bank of Baroda.

Not published. The page offers demand-loan and term-loan facilities and says the 10% cash collateral term deposit is kept for the loan tenure, but it does not state a numeric repayment period, maturity or renewal cycle.

Fund-based and non-fund-based working capital, and new-project acquisition/construction of land and buildings and new or second-hand plant and machinery.

₹25 lakh minimum and ₹100 crore maximum.

Cash credit stock/book debts: minimum 25% (book debts up to 120 days). Term loan: factory land/building 30%, new plant/machinery 25%, second-hand plant/machinery under TUFS 30%, imported second-hand 30% and indigenous outside TUFS 40%.

Working-capital facilities: 12 months. Term loan: up to 10 years including moratorium.

₹25 lakh to ₹5 crore.

Not published on the reviewed official page. The page describes the loan purpose and eligibility but does not state a collateral, guarantee, margin or security schedule.

25% concession in the applicable unified processing, upfront and documentation charges.

Up to 36 months, repaid in equal quarterly or half-yearly instalments.

₹10 lakh to ₹2.5 crore.

Not published on the reviewed product page. The page gives eligibility, amount, period and fee-concession terms but no collateral, guarantee or security requirement.

25% concession in the applicable unified processing, upfront and documentation charges.

12 months including the moratorium period.

Upgrade manufacturing processes through Energy Efficient Technologies that achieve minimum 15% energy savings, according to an approved Detailed Project Report.

Government support is 25% of project cost for approved Energy Efficient Technologies, with a maximum of ₹10 lakh per project. This is scheme support, not a published loan ceiling.

Not published on the reviewed TEQUP page. The page describes Government project-cost support and does not publish an underlying loan interest rate or benchmark.

Not published on the reviewed TEQUP page.

Not published on the reviewed TEQUP page.

Not published on the reviewed TEQUP page.

Capital expenditure/fixed assets for starting or expanding a business or industrial unit, or replacement of high-cost existing debt from another bank or financial institution.

Not published on the reviewed official page. No minimum, maximum, project-cost percentage or sanctioned-limit formula is stated.

Competitive pricing linked to the repo rate or MCLR. No numeric spread, rate percentage, reset frequency or borrower-specific margin is published.

Not published on the reviewed official page. No security, guarantee, margin, charge or collateral schedule is stated for the fund-based facility or deferred-payment guarantee.

Not published on the reviewed official page. No processing, documentation, guarantee or debt-swap fee is stated.

Not published on the reviewed official page. No repayment tenor, moratorium, maturity or renewal schedule is stated.

Bill discounting for eligible SME-regulatory and non-regulatory vendors/suppliers of large real-estate developers, against qualifying developer-linked bills.

Developer: RERA registered, externally rated A or above, at least 3 years in real estate and tangible net worth of at least ₹50 crore. Vendor/supplier: at least 2 years' association, at least ₹50 crore previous-year sales/services to the developer, positive PAT for the last 2 years and positive tangible net worth.

The page does not publish a universal bill amount, sanctioned-limit ceiling or minimum. Finance is described as bill discounting with a minimum 10% margin on the bill amount, so the drawable amount is subject to individual assessment and the published margin.

Not published on the reviewed official page. No discount rate, interest rate, benchmark, spread or reset basis is stated.

Minimum 10% of the bill amount.

Not published on the reviewed official page. No discounting, processing, documentation, inspection or other charge is stated.

Maximum 90 days.

Any individual, woman, proprietary concern, partnership firm, private limited company or other entity setting up/upgrading a qualifying micro enterprise.

Maximum ₹10 lakh for term loan and/or working capital.

Minimum ₹10 lakh and maximum ₹5 crore.

Maximum eight years including an initial moratorium of 12 to 18 months.

Udyam-registered MSME entity whose Registration Certificate is issued in the name of a woman entrepreneur.

Above ₹10 lakh to ₹10 crore, including export finance.

Small road transport operators purchasing commercial vehicles.

Up to ₹2 crore.

Not published.

Up to seven years including moratorium.

Eligible civil, mining, engineering, transport, electrical, road, irrigation and pipeline contractors classified as MSMEs.

₹10 lakh to ₹10 crore.

Not published.

Direct and indirect exporters, including MSME and non-MSME exporters, with eligible working-capital limits.

Maximum 10% p.a., subject to the Bank's pricing policy.

Nil guarantee fee, processing fee and prepayment penalty.

Four years fixed, including a one-year moratorium.

MSMEs: 8.80% p.a. at present. Non-MSMEs: 9.00% p.a. at present.

Nil margin, guarantee fee, processing fee and prepayment penalty.

Agriculture commodity traders, commission agents and arthias meeting MSMED investment criteria, with valid Udyam and GST registrations.

Above ₹10 lakh and up to ₹2 crore.

Demand loan repayable within 12 months.

Not published.

Registered BAHMS, BAMS, BPT, MBBS or BDS medical practitioners with required approvals, MSME status and Udyam registration.

Up to 12 years.

GST-registered MSME manufacturers, traders and service enterprises under sole banking.

Above ₹10 lakh and up to ₹25 crore.

Not published.

Individuals or proprietary manufacturing, trading or service concerns with mandatory Udyam registration and eligible gold owned singly or jointly with a spouse.

₹20,000 to ₹1 crore.

RLLR + 0.40% = 8.45% p.a. using the current 8.05% RLLR. The page's displayed 8.70% example uses an older 8.30% RLLR.

Not published for the MSME Gold Loan scheme.

Maximum 12 months for EMI and bullet repayment.

Eligible MSMEs purchasing machinery or equipment.

Up to ₹50 crore.

Up to seven years including moratorium.

MSMEs in manufacturing, trading or services with a viable project and required statutory registrations.

Not published.

Up to 10 years, including up to two years' moratorium.

DPIIT- or permitted-government-recognised innovative or scalable startups in an accepted private-company, registered-partnership or LLP form.

Up to 10 years.

25% of project cost for the term loan.

Up to ₹50 crore: maximum 8 years plus up to 2-year principal moratorium (10 years including moratorium). Above ₹50 crore: maximum 12 years plus up to 3-year principal moratorium (15 years including moratorium).

MSME activities: RLLR-linked. Non-MSME activities: RLLR and MCLR-linked according to activity. No numeric scheme spread is published on the reviewed page.

3 to 7 years after an initial moratorium period.

Qualified, approved or registered chartered accountants, company secretaries and architects in independent practice, with MSME status and Udyam registration.

Term loan: nil up to ₹5 lakh, then 1% through ₹2 crore. Working-capital fee: nil up to ₹5 lakh.

Up to seven years.

Individuals, proprietorships, partnerships, private/public companies, LLPs and OPCs that are MSME solar vendors/channel partners/subcontractors.

25% for stock and 25% for book debts up to 120 days.

Existing MSMEs with limits up to ₹25 crore, internal BBB+ and a standard or SMA-0/1/2 account.

Nil.

MSME individuals, proprietorships, partnerships, LLPs and companies in the published textile manufacturing, processing and trading activities.

Up to 10 years including up to 18 months' moratorium.