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Business, & agriculture finance

Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)

Get Loan / Overdraft against Bank’s Own Deposit for farmers & others with self-declaration/ Proof that he is engaged in agriculture activities or the loan will be used for Agriculture purpose.

Interest rate1% over the fixed-deposit interest rate for public/senior-citizen deposits; for third-party FDRs, 1% over deposit rate or the applicable MCLR/BRLLR plus spread basis, whichever is higher.Customer typeFarmers, agricultural enterprises and eligible rural borrowersCollateral / securitySecurity is the borrower’s duly discharged fixed/short deposit receipt or third-party FDR security, as applicable. The MITC states a 10% margin against the deposit receipt; loans are not considered against deposits in a minor’s name or recurring/Yatha Shakti deposits.
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Quick eligibility check

Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)

0 of 5 answered

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: Farmers, agricultural enterprises and eligible rural borrowers?

Published source: Customer type

2Document checkDo you have this required document or proof: KYC documents (Aadhaar, Voter ID, PAN Card, Driving Licence etc.)?

Published source: Documents

3Document checkDo you have this required document or proof: FDR/SDR?

Published source: Documents

4Document checkDo you have at least one of these required documents: Individuals who self-declare or provide proof that they are engaged in agriculture, or that the LABOD/ODBOD proceeds will be used for agriculture?

Published source: Agriculture-use eligibility

5Document checkDo you have at least one of these required documents: KYC documents such as Aadhaar, Voter ID, PAN Card or Driving Licence, and the fixed/short deposit receipt (FDR/SDR)?

Published source: Documents
0 of 5 answeredAnswer the remaining questions to see your checklist result.
✓ 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.

Agriculture-use eligibilityIndividuals who self-declare or provide proof that they are engaged in agriculture, or that the LABOD/ODBOD proceeds will be used for agriculture.View source
The official eligibility section requires an individual to establish agriculture engagement or agricultural use of proceeds.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Facility optionsDemand loan, term loan or overdraft against the bank's fixed/short deposit receipt.View source
The official features section lists demand/term loan and overdraft facilities.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Features — Nature of Facility
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Loan-to-deposit valueUp to 90% of the fixed/short deposit's face value or book value, whichever is higher; no maximum loan amount is stipulated.View source
The page states finance up to 90% and no maximum limit stipulated.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Benefits / — Quantum
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Deposit margin10% against duly discharged fixed/short deposit receipts of all tenors.View source
The states a 10% margin against duly discharged deposit receipts.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
— Margin
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Interest rate1% over the fixed-deposit interest rate for public/senior-citizen deposits; for third-party FDRs, 1% over deposit rate or the applicable MCLR/BRLLR plus spread basis, whichever is higher.View source
The official rate table and publish the 1% spread and higher-of basis.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Interest rates & charges / — Rate
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Loan period and repaymentOn or before the maturity date of the FDR; repayment is by bullet payment.View source
The page links the loan period to maturity and specifies bullet repayment.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Features / — Loan Period and Repayment
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Processing chargeNil.View source
The official page lists nil processing charges.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Benefits / Interest rates & charges
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Prepayment chargeNil.View source
The official benefits section lists nil prepayment charges.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
Benefits
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Deposit restrictionsNo advance on the day a term deposit is issued, no loan against a minor's FDR/SDR, and no loan against recurring deposit or Yatha Shakti Jama Yojana deposits; the loan is taken from the branch holding the FD.View source
The lists these operational restrictions.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod)
Page / section
— Other Informations
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover, income or business-vintage threshold is published. The page requires an individual’s self-declaration or proof that they are engaged in agriculture, or that LABOD/ODBOD proceeds will be used for agriculture.View source
The complete eligibility section states an agriculture activity/use test and no turnover or operating-vintage threshold.
Source
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD)
Page / section
Eligibility Criteria
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Collateral / securitySecurity is the borrower’s duly discharged fixed/short deposit receipt or third-party FDR security, as applicable. The MITC states a 10% margin against the deposit receipt; loans are not considered against deposits in a minor’s name or recurring/Yatha Shakti deposits.View source
The complete describes deposit-receipt security, the 10% margin and excluded deposit types.
Source
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD)
Page / section
— Margin / Other Informations
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
DocumentsKYC documents such as Aadhaar, Voter ID, PAN Card or Driving Licence, and the fixed/short deposit receipt (FDR/SDR).View source
The official document-required section lists documents and /SDR.
Source
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD)
Page / section
Document Required
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsThe official LABOD/ODBOD page does not publish a state, district or territorial restriction. It does require the loan to be granted from the same branch where the fixed-deposit account is opened.View source
The page gives a same-branch condition but no territorial boundary.
Source
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD)
Page / section
Complete page review / — Other Informations
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Customer typeFarmers, agricultural enterprises and eligible rural borrowersView source
The manually reviewed product record states: “Farmers, agricultural enterprises and eligible rural borrowers”.
Source
Loan/Overdraft Against Bank’s Own Deposit (Labod/Odbod) — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Individuals who self-declare or provide proof that they are engaged in agriculture, or that the LABOD/ODBOD proceeds will be used for agriculture.

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

Documents the bank lists

  • documents (Aadhaar, Voter , Card, Driving Licence etc.)
  • /SDR

Related official documents

Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
↗
Loan/Overdraft Against Bank's Own Deposit — current official product pageofficial-product-page · Current rate/applicability checked; full product review remains open · accessed 27 Sept 2026
↗
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD) — Bank of Baroda official product pageofficial-product-page · current · accessed 30 Aug 2026
↗
Priority Sector Loans Interest Rates — Farm Credit A.1 schedule and scope footnoteofficial-interest-rate-page · Targeted current A.1 comparison; product-page rate rows remain primary and tariff scope is explicitly qualified · accessed 28 Sept 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Nature of facility · Published detailDemand loan, term loan or overdraft

This value is copied from LABOD/ODBOD — complete published terms. Check the table notes before relying on it.

Source: Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD) · Benefits / Features / Eligibility / Document Required / Interest rates & charges / Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 15 rows · 2 columnsLABOD/ODBOD — complete published termsPublished facility, deposit-security, repayment, rate, margin, branch and restriction terms.View tableHide table

Scroll sideways to view every column

LABOD/ODBOD — complete published terms
ParameterPublished detail
Nature of facilityDemand loan, term loan or overdraft
Quantum90% of face value or book value, whichever is higher
Maximum loan amountNo maximum limit stipulated
Loan periodOn or before maturity of
RepaymentBullet payment
Margin10% against duly discharged fixed/short deposit receipts of all tenors
Own-deposit rate1.00% over interest rate on the fixed deposit
Third-party rate1.00% over deposit rate or + + 0.50%, whichever is higher
Processing chargesNil
PrepaymentNil prepayment charges
SecurityFixed/short deposit receipt; third-party where applicable
Branch conditionLoan from the same branch where account is opened
RestrictionsNo same-day advance against a newly issued term deposit; no minor-held /SDR; no recurring deposit or Yatha Shakti Jama Yojana
EligibilityIndividual with self-declaration/proof of agriculture activity or agriculture use of proceeds
Documents documents and /SDR
Loan/Overdraft Against Bank’s Own Deposit (LABOD/ODBOD) · Benefits / Features / Eligibility / Document Required / Interest rates & charges / · accessed 30 Aug 2026Open official source ↗

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