Presentation - SME Products

SME Products
SME Loan Products

Baroda SME Loan Pack SME Short Term Loans SME Medium Term Loans Baroda SME Gold Card Baroda Laghu Udhyami Credit Card Baroda Artisans Credit Card (BACC) Baroda Overdraft Against Land and Building Baroda Vidyasthali Loan Baroda Arogyadham Loan Composite Loans
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SME Loan Products

Collateral Free Loans under Credit Guarantee Fund Trust Scheme for Micro & Small Enterprises Scheme for Financing Energy Efficiency Projects Scheme for Financing Existing Borrowers for Purchase of New Vehicles
Baroda SME Loan Pack

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)
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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 Policy2009 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.
SME Short Term Loans

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 ELIGIBILITY CRITERIA Satisfactory credit rating for the last three years (BOB-4 & 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 %. Satisfactory dealings with the Bank for at least 3 years. No major inspection irregularity
SME SHORT TERM LOAN

Limit BOB 1,2,3 25% of Existing working capital limit
Limit BOB4
20% of existing working capital limit
Min Max
10 lacs 250 lacs
SME Short Term Loans

PERIOD Not exceeding 180 days minimum 90 days 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 25% concession in usual charges Documentations charges : As Applicable
SME Short Term loan

Discretionary Lending Power
BH Scale III Upto 25 Lacs
BH Scale IV
Upto 62.50 Lacs
BH /Executives V & VI
Upto 250 lacs
SME Short Term loan

Need not be referred to SMELF
PSR / Disbursement permission as per guidelines

Time Limit : Branch : Maximum 5 Working days Beyond Branch power : Max 10 working days. Letter of request to be obtained Sanction letter to be issued acceptance is to be obtained.
SME Medium Term Loans

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 1.50 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
BH Scale IV
Upto 25 Lacs
Upto 62.50 Lacs
BH /Executives V
Upto 250 lacs
BH /Executives VI
Upto 375 lacs
Zonal Heads / GM
Upto 500 lacs

Baroda SME Gold Card

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
SME GOLD CARD

Eligibility: In case of existing accounts A/c in Standard Category for last 2 years Obligor credit rating of BOB- 4 and above working capital limits of Rs. 25/- lacs and above.
In case of Take Over accounts: Obligor credit rating of BOB- 4 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
Baroda SME Gold Card

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. 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.
Baroda Laghu Udhyami Credit Card

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 customers in the category of Small Business, Artisans, Village Industries, Small Scale & Tiny Units, Professionals and Selfemployed persons having satisfactory track record and dealing with the bank for last 3 years. LIMIT Maximum upto Rs. 10 Lacs per borrower.
Baroda Laghu Udhyami Credit Card

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. 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
Baroda Artisans Credit Card (BACC)

PURPOSE To provide adequate and timely assistance to the artisans to meet their credit requirements - both investment needs as well as working capital - in a flexible and cost effective manner. The scheme is implemented in rural and urban areas. ELIGIBILE BORROWERS All artisans involved in production / manufacturing process. Preference given to artisans registered with Development Commissioner (Handicrafts). Beneficiaries of other Government Sponsored loan schemes will NOT be eligible for coverage under BACC scheme.
Baroda Artisans Credit Card (BACC)

LIMIT Maximum Rs. 2 Lacs per borrower. MARGIN For limits upto Rs. 25,000/- No margin For limits above Rs. 25,000/- but upto Rs. 2 Lacs 15 % to 25 % margin. Margin is subject to change as per RBI guidelines from time to time or the bank's policy in this regard. SECURITY Hypothecation of assets financed under the scheme.
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.
Baroda Vidyasthali Loan

Baroda Vidyasthali Loan is a special scheme for financing Educational Institutions.
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 of the existing facilities, purchase of instruments for imparting education training to the students. Overdraft for short term requirement, Land if part of project cost max 20% and construction within 2 years. ELIGIBILITY Educational institutions, Schools, Colleges and other education bodies running education activities Note: HUF are not eligible.
Baroda Vidyasthali Loan

LIMIT Minimum Rs. 25 lacs Maximum Rs. 1000 lacs SECURITY Equitable mortgage of Land & Building (not agricultural land). Hypothecation of Instruments & Equipment acquired out of the loan and other assets of the Educational Institution. Personal guarantees of the Promoters of the Institution. 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. ROI : Base rate + 3.5%
Baroda Arogyadham Loan

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.
CGTMSE
CGTMSE stands for Credit Guarantee Fund Trust for Micro & Small Enterprise Government of India and SIDBI have jointly set up the institution. The trust became operational from 1st August 2000.
the Credit Guarantee Fund Scheme for Small Industries. Name was changed to CGTMSE after enactment of MSMED Act 2006
Earlier the scheme was called
CGTMSE One Time Guarantee Fees

Upto Rs. 5 Lacs Above Rs. 5 Lacs NE including Sikkim upto Rs. 50 Lacs Paid upfront: 1. Within 30 days from the first disbursement (TL) 2. 30 days from CGDAN whichever is later Or such date advised by the trust. 1.00% 1.50% 0.75%
CGTMSE Annual fees

Facility upto Rs. 5 Lacs Facility above Rs. 5 Lacs 0.50% 0.75%
On pro-rata basis for the first and last year and in full for the intervening years before 31 st May If not paid on time policy will lapse can be renewed at the option of Trust subject to payment of interest @ Bank rate + 4%
Extent of Guarantee cover

Maximum Guarantee Cover, where Credit facility is
Borrower Category Above Rs.5 lakh to Rs.50 lakh 75% of amount in default / Rs.37.5 lakh Above Rs.50 lakh to Rs.100 lakh Rs.37.50 lakh plus 50% of amount in default above Rs.50 lakh / Rs.62.50 lakh
Upto Rs.5 lakh

85% of the amount in default / Rs.4.25 lakh
Micro Enterprises
Women Enterpreneur / units located in North Eastern Region (Incl Sikkim)

All other category of borrowers
80% of amount in Default / Rs.40 lakh
Rs.40 lakh plus 50% of amount in default above Rs.50 lakh / Rs.65 lakh
Rs.37.50 lakh plus 50% of amount in default above Rs.50 lakh / Rs.62.50 lakh
75% of amount in Default / Rs.37.5 lakh
CGTMSE Our Banks Initiative

Sharing of One Time Guarantee fee and Annual service fee with the borrower on 50:50 basis for loans upto Rs. 50 lacs For loans over Rs. 50 lacs and upto Rs. 100 lacs now covered under the scheme, the entire fees should be recovered from the borrowers.
Composite Loans
ELIGIBILITY Small Scale Industrial Units (including artisans, village and cottage industrial units and tiny units in SSI Sector), and Small Scale Service & Business establishments engaged in industrial activities only. PURPOSE Fixed capital investment and / or working capital requirement. TYPE OF FACILITY Composite loans. AMOUNT OF LOAN Upto Rs. 100 Lacs
MARGIN Nil in case of composite loan upto Rs. 25,000/-. 15 % - 25 % in case of composite loans above Rs. 25000/- and upto Rs. 100 Lacs.
Composite Loans
SECURITY Charge on assets created out of loan amount and other collateral securities as determined on the merits of each case. PERIOD OF REPAYMENT Minimum 3 years and maximum of 10 years (which can be extended), with initial holiday of 12 months to 18 months.
Scheme for Financing Energy Efficiency Projects

PURPOSE
Financing SMEs for acquisition of equipments, services and adopting measures for enhancement of energy efficiency/conservation of energy.
ELIGIBILITY SME units financed by bank as also other units desirous of shifting their account to Bank of Baroda.
LIMIT
Upto 75 % of the total project cost, subject to maximum of Rs. 1 crore. (Minimum amount of loan Rs. 5 Lacs).

Project cost may include the following: Cost of acquisition / modification / renovation of equipment / software. Cost of alterations to existing machinery. Cost of structural / layout changes. Cost of energy audit / consultancy. Preparation of Detailed Project Report (DPR). REPAYMENT Maximum 5 years, including moratorium, if any.

SECURITY For Sole Banking Accounts Extension of first charge on all fixed assets. For Consortium / Multiple Banking Accounts first charge on equipments acquired out of loan and collateral, if any, The total security coverage being not less than 1.25.
Scheme for Financing Existing Borrowers for Purchase of New Vehicles

NATURE OF FACILITY Demand Loan / Term Loan PURPOSE For acquiring any type of new vehicle eligible for Registration with Regional Transport Authority. LIMIT Maximum Rs. 50 lacs. ELIGIBILITY Proprietorship firms, Registered Partnership concerns, Private Limited Companies, Limited Companies, Trusts, Co-operative Societies (Except individuals) under SME Segment with credit rating upto BOB-6 in CRISIL model enjoying credit limits upto Rs. 25 lacs. Note Credit limits referred here to include regular limits enjoyed by the borrower and proposed loan for the purchase of vehicles.

The scheme will be applicable for take over of existing vehicle loans availed by our existing SME borrowers with credit rating upto BOB-6 subject to following: There are no overdue with the existing lender Vehicle is not more than 3 years old All other norms of the scheme are complied with Note: Other take over norms as per Loan Policy will not be applicable in these cases.

MARGIN 10 % of total cost of transport vehicle i.e. inclusive of initial insurance premium, RTO Tax, Octroi, body building charges & other incidental charges in case of new vehicle. PERIOD Maximum 60 months subject to review every year. The facility to be included in the regular review proposal. REPAYMENT OF TERM LOAN In 60 monthly installments depending upon the cash flow. Interest to be serviced every month.

PROCESSING CHARGES
50 % concession in applicable charges OTHER CONDITIONS Credit Rating is to be done as per extant guidelines wherever required but rate of interest shall not be linked with the credit rating. Inspection to be carried out as per extant guidelines and inspection report to be kept on record. Branch to ensure end use of the funds. Whenever borrower is agreeable, an undertaking to extend charge on the existing assets as and when required by the bank, to be obtained. CLASSIFICATION OF ADVANCES SME if borrower complies with Regulatory definition. OTHERS All other terms and conditions for vehicle financing to be complied with, including obtaining Blank TTO forms, RTO Registration, Power of Attorney, etc.

Presentation - SME Products

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Presentation - SME Products

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SME Products

SME Loan Products

Inventing Methods for Igniting Minds

SME Loan Products

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

Baroda SME Loan Pack

Baroda SME Loan Pack

SME Short Term Loans

SME SHORT TERM LOAN

20% of existing working capital limit

10 lacs 250 lacs

Inventing Methods for Igniting Minds

SME Short Term Loans

SME Short Term loan

Upto 62.50 Lacs

Upto 250 lacs

Inventing Methods for Igniting Minds

SME Short Term loan

PSR / Disbursement permission as per guidelines

SME Medium Term Loans

Inventing Methods for Igniting Minds

SME Medium Term Loans

SME MEDIUM TERM LOAN

20% of Existing working capital limit MPBF

25 lacs 500 lacs

Inventing Methods for Igniting Minds

SME Medium Term Loans

SME Medium Term loan

Upto 250 lacs

Upto 375 lacs

Upto 500 lacs

Baroda SME Gold Card

ELIGIBILITY Expanded as per SME policy guidelines

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

Baroda Artisans Credit Card (BACC)

Baroda Artisans Credit Card (BACC)

Baroda Overdraft against Land and Building

ELIGIBILITY SME as per expanded definition.

Inventing Methods for Igniting Minds

OD against Land & building

Baroda Overdraft against Land and Building

Baroda Overdraft against Land and Building

Inventing Methods for Igniting Minds

Baroda Vidyasthali Loan

Inventing Methods for Igniting Minds

Baroda Vidyasthali Loan

Baroda Arogyadham Loan

Inventing Methods for Igniting Minds

Baroda Arogyadham Loan

Inventing Methods for Igniting Minds