All about Bank of Baroda SME Loans
Interest rates applicable for domestic credit (Micro, Small & Medium Enterprises) w.e.f 01.08.2011
Micro / Small Enterprises
Loan Limit |
For Micro Enterprises | For Small Enterprises |
|---|---|---|
| Upto Rs. 50,000 | At Base Rate | 0.50% above Base Rate |
| Above Rs. 50,000 upto Rs. 2.00 lacs | 0.50% above Base Rate | 1.00% above Base Rate |
| Above Rs.2 lacs but less than Rs.25 lacs | 2.75% above Base Rate | 3.25% above Base Rate |
On SME advances of Rs.25.00 lacs and above
| Credit Rating | For Micro Enterprises | Fund Based Limits upto Rs.10 crores | Fund Based Limits above Rs.10 crores |
|---|---|---|---|
| CR1 | 2.15% above Base Rate | 2.65% above Base Rate. | 3.15% above Base Rate |
| CR2 | 2.50% above Base Rate. | 3.00% above Base Rate. | 3.50% above Base Rate. |
| CR3 | 2.75% above Base Rate. | 3.25% above Base Rate. | 3.75% above Base Rate. |
| CR4 | 3.00% above Base Rate. | 3.50% above Base Rate. | 4.00% above Base Rate. |
| CR5 | 3.50% above Base Rate. | 4.00% above Base Rate. | 4.50% above Base Rate. |
| CR 6, 7, 8, 9 & 10. | 4.00% above Base Rate. | 4.50% above Base Rate. | 5.00% above Base Rate. |
Medium Enterprises :
I. For advances over Rs. 2/- lacs and less than Rs. 25/- lacs : 3.75% above Base Rate
| II. For advances of Rs. 25/- lacs and above | ||
|---|---|---|
| Credit Rating | Fund Based Limits upto Rs.10 crores | Fund Based Limits above Rs.10 crores |
| CR1 | 2.90% above Base Rate. | 3.40% above Base Rate. |
| CR2 | 3.25% above Base Rate. | 3.75% above Base Rate. |
| CR3 | 3.75% above Base Rate. | 4.25% above Base Rate. |
| CR4 | 4.25% above Base Rate. | 4.75% above Base Rate. |
| CR5 | 5.00% above Base Rate. | 5.50% above Base Rate. |
| CR 6, 7, 8, 9, 10. | 5.75% above Base Rate. | 6.25% above Base Rate. |
Apply For Bank of Baroda SME Business Loan
| Bussiness Loan EMI Calculator | SIP Calculator |
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