Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Borrower and policy scopeIndian corporates and firms can raise FCNR(B) loans at select Indian branches within prevailing Bank/RBI policy guidelines; ECB repayment requires RBI/Government of India permission and completion of formalities.View source
The official page defines the borrower scope and policy permissions.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Overview / Features
- Accessed
- 23 Aug 2026
- Confidence
- high
Permitted usesWorking capital in rupees, pre- and post-shipment exporter advances, import of raw materials or capital goods, purchase of indigenous machinery, repayment of an existing rupee term loan and permitted ECB repayment.View source
The official features section enumerates each permitted use.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Features — Broad purpose
- Accessed
- 23 Aug 2026
- Confidence
- high
MPBF and minimum amountWorking-capital FCNR(B) loans can be disbursed up to 90% of the MPBF limit. Minimum amount is 100,000 in USD, GBP or Euro, and 10 million Japanese Yen.View source
The official page publishes the 90% ceiling and currency-specific minimums.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Features — / Minimum amount
- Accessed
- 23 Aug 2026
- Confidence
- high
Use-specific tenorThe minimum period for an FCNR loan component is 6 months; capital-goods import loans may run up to 3 years including moratorium, while rupee term-loan repayment is limited to the unexpired portion or 3 years, whichever is less.View source
The official guidelines publish minimum duration and use-specific ceilings.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Features — Guidelines by purpose
- Accessed
- 23 Aug 2026
- Confidence
- high
Indicative pricing and chargesIndicative pricing is 500 bps over 3-month USD LIBOR for AAA, 550 bps for AA and 600 bps for A-rated borrowers; foreign-currency term loans are capped at 4% over 6-month LIBOR. A 1% p.a. charge applies if undrawn for 30 days, and prepayment deducts 1% of the loan amount for the remaining period.View source
The official publishes rating-based spreads, the term-loan cap, undrawn charge and prepayment charge.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- — Interest / Charges
- Accessed
- 23 Aug 2026
- Confidence
- high
Turnover / vintageNo numeric turnover, revenue or operating-vintage threshold is published. Indian corporates and firms are assessed under Bank of Baroda and RBI policy; borrowers need properly assessed working-capital requirements and, ordinarily, a natural hedge or forward cover for exchange risk.View source
The official page gives policy-based assessment and hedge conditions but no turnover number.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Overview / Features — Working capital requirements
- Accessed
- 30 Aug 2026
- Confidence
- high
Collateral / securityThe reviewed FCNR-B page does not publish a specific collateral or security package. Security and documentation are determined during credit sanction under the bank’s policy and applicable RBI requirements.View source
The page explains purposes, currencies, limits and sanction procedure but names no collateral.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Complete page review
- Accessed
- 30 Aug 2026
- Confidence
- high
Processing and other chargesService/
The publishes purpose-dependent processing charges, the 30-day utilisation charge and prepayment deduction.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Accessed
- 30 Aug 2026
- Confidence
- high
DocumentsThe page does not publish a fixed checklist. Borrowers must provide all information required for sanction of credit facilities, then execute the bank’s documents and comply with all sanctioned terms.View source
The official procedure requires sanction information and execution of bank documents but gives no named checklist.
- Source
- Foreign Currency Non-Resident (-B) Loans
- Page / section
- Documentation & Procedure
- Accessed
- 30 Aug 2026
- Confidence
- high
Geographic limitsIndian corporates and firms can raise FCNR(B) loans at select Indian branches within prevailing Bank/RBI policy guidelines; ECB repayment requires RBI/Government of India permission and completion of formalities.View source
The manually reviewed product record states: “Indian corporates and firms can raise (B) loans at select Indian branches within prevailing Bank/ policy guidelines; repayment requires /Government of India permission and completion of formalities.”.
- Source
- Foreign Currency Non-Resident (-B) Loans — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Benefits and features
- Working capital in rupees, pre- and post-shipment exporter advances, import of raw materials or capital goods, purchase of indigenous machinery, repayment of an existing rupee term loan and permitted repayment.
Eligibility
- Indian corporates and firms can raise (B) loans at select Indian branches within prevailing Bank/ policy guidelines
- repayment requires /Government of India permission and completion of formalities.
Passing a listed condition does not mean the bank will approve an application.
Related official documents
Foreign Currency Non-Resident (FCNR-B) Loans — official product pageofficial-product-page · current · accessed 30 Aug 2026
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