Banking, wealth, forex & trade services

Collection Services Business Msme

All branches of Bank of Baroda have the facility of collecting Cheques, Demand Drafts, Interest Warrants, Dividend Warrants, Refund Orders, Clean Bills and Documentary Bills.

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Quick eligibility check

Collection Services Business Msme

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Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: The service is for eligible micro, small and medium enterprises depositing accepted collection instruments into properly introduced accounts?

Published source: MSME collection eligibility

2Do you meet this requirement: BOB Quick applies to cheques of ₹25,000 and above drawn on select banks?

Published source: MSME collection eligibility

3Do you meet this requirement: Eligible micro, small and medium enterprises?

Published source: Customer type
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✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

MSME collection instrumentsBank of Baroda's MSME collection service accepts cheques, demand drafts, interest warrants, dividend warrants, refund orders, clean bills and documentary bills through its branches and collection network.View source
The official page lists the instruments collected and the branch/network process.
Source
Collection Services Business Msme
Page / section
Outward Bills for Collection
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Time-bound creditMetro-city instruments are credited on the same day in the following week; state capitals and centres with more than 100 branches are credited after 10 days. If collection is not completed within 14 days, interest is paid at 2% per annum over the savings-bank rate.View source
The official time-bound section publishes credit timing and delayed-collection interest.
Source
Collection Services Business Msme
Page / section
Time-Bound Collection
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
BOB Quick for MSMEsBOB Quick provides a guaranteed credit period of 7 days. Cheques of ₹25,000 and above drawn on select banks are eligible for quick inter-station clearing; courier is ₹50 per packet plus a nominal collection charge.View source
The official Quick section publishes the guarantee, cheque threshold and courier charge.
Source
Collection Services Business Msme
Page / section
Quick
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
National clearing networkThe service supports net-value settlement, mechanised MICR processing and outstation/inter-city clearing, including identified one-way national-clearing centres.View source
The official benefits section describes net-value settlement, processing and national-clearing coverage.
Source
Collection Services Business Msme
Page / section
Key Benefits
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
MSME collection chargesThe MSME collection page states that service charges apply as stipulated from time to time. BOB Quick separately publishes ₹50 courier charge per packet plus an additional nominal collection charge.View source
The official page states time-to-time charges and the Quick courier amount.
Source
Collection Services Business Msme
Page / section
Time-Bound Collection / Quick
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
MSME collection channelsEligible MSMEs submit instruments through Bank of Baroda branches and its branch/clearing network; BOB Quick and national-clearing routes provide accelerated or inter-city processing.View source
The official page describes all-branch collection and Quick/national-clearing routes.
Source
Collection Services Business Msme
Page / section
Outward Bills / Quick / National Clearing
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
MSME collection eligibilityThe service is for eligible micro, small and medium enterprises depositing accepted collection instruments into properly introduced accounts. BOB Quick applies to cheques of ₹25,000 and above drawn on select banks.View source
The official page identifies the audience and publishes the Quick threshold.
Source
Collection Services Business Msme
Page / section
Outward Bills / Time-Bound Collection / Quick
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
MSME collection coverageAll Bank of Baroda branches provide the collection facility; national-clearing coverage includes Delhi, Mumbai, Chennai, Kolkata and identified one-way centres such as Nagpur, Ahmedabad, Hyderabad, Bengaluru, Pondicherry, Trichy, Trivandrum, Vellore, Baroda, Erode and Madurai.View source
The official page lists the branch and national-clearing coverage.
Source
Collection Services Business Msme
Page / section
National Clearing Special Facilities
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Customer typeEligible micro, small and medium enterprisesView source
The manually reviewed product record states: “Eligible micro, small and medium enterprises”.
Source
Collection Services Business Msme — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗
Service typeBill-payment serviceView source
The manually reviewed product record states: “Collection Services Business Msme”.
Source
Collection Services Business Msme — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • The service is for eligible micro, small and medium enterprises depositing accepted collection instruments into properly introduced accounts. Quick applies to cheques of ₹25,000 and above drawn on select banks.

Passing a listed condition does not mean the bank will approve an application.

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This value is copied from Bank of Baroda collection service levels. Check the table notes before relying on it.

Source: Collection Services · Outward Bills / Time Bound Collection / Quick / National Clearing Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 2 columnsBank of Baroda collection service levelsShared personal and MSME collection service levels and charges.View tableHide table

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Bank of Baroda collection service levels
ServicePublished detail
Outward collectionCheques, demand drafts, interest/dividend warrants, refund orders, clean and documentary bills accepted through branches
Metro credit timingProceeds credited on the same day in the following week
State capitals / >100-branch centresProceeds credited after 10 days
Delayed collectionIf not collected within 14 days of lodgement, interest at 2% per annum over the savings-bank rate is credited
QuickGuaranteed credit within 7 days; cheques ₹25,000 and above on select banks; ₹50 courier charge per packet plus nominal collection charge
National clearingNet-value settlement, mechanised processing and identified inter-city/one-way national-clearing centres
Collection Services · Outward Bills / Time Bound Collection / Quick / National Clearing · accessed 30 Aug 2026Open official source ↗

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