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Loans Against (B) Deposits in Rupees

This plan developed specifically for providing loans/overdraft against your security of foreign currency denominated fixed deposits placed with Bank of Baroda. Visit to know more.

Interest rateOwn depositor: 9.75% p.a. reference rate. Third party: up to ₹2 lakh, 9.75%; above ₹2 lakh, 11.75% for personal use or 12.75% for business use. Calculated from the published MCLR spreads using 1-year MCLR of 8.75% effective 12 September 2026; these are reference calculations, not a borrower-specific quote.Maximum amountDepositor’s own advance: up to 90% of present deposit value, with no separate RBI ceiling. Third-party advance: up to 80% of deposit value or ₹100 lakh, whichever is lower.Processing feeNil
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Quick eligibility check

Loans Against (B) Deposits in Rupees

0 of 3 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.

1Are you this type of customer: The depositor may borrow against their FCNR(B) deposit or request an advance for a resident or non-resident third party?

Published source: Eligible borrower

2Do you meet this requirement: The depositor may borrow against their FCNR(B) deposit or arrange a third-party advance?

3Do you meet this requirement: the rupee facility is non-repatriable?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 27 Sept 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.

Geographic limitsFor permitted use in India; the rupee advance is non-repatriable. The depositor or a resident or non-resident third party may borrow against the FCNR(B) deposit, subject to the published purpose and RBI/FEMA conditions.View source
The reviewed page permits advances to the depositor or a resident/non-resident third party for specified uses in India and states that rupee proceeds are non-repatriable.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Terms and Conditions — permitted purpose, third-party advances and convertibility
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Advance percentageDepositor's own advance: up to 90% of present deposit value, with no separate RBI amount ceiling stated. Third-party advance: up to 80% of present deposit value or ₹1 crore, whichever is lower.View source
The page states up to 90% for the depositor's own advance and up to 80% or ₹100 lakh, whichever is lower, for a third-party advance; corresponding margins are 10% and 20%.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Features — Amount and Margin; Third Party Advances
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Loan typeLoan or overdraft against an FCNR(B) foreign-currency deposit, disbursed in non-repatriable Indian rupees.View source
The page identifies a rupee loan/overdraft secured by foreign-currency-denominated fixed deposits; proceeds are non-repatriable .
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Overview
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Eligible borrowerThe depositor may borrow against their FCNR(B) deposit or request an advance for a resident or non-resident third party.View source
The page sets out advances requested by the depositor for self and advances to a resident or non-resident third party.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Own advance; third-party advance
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Permitted usePersonal use; business activity; direct investment in Indian firms on a non-repatriation basis; or an own-use house/flat in India. Excludes re-lending, speculation, agriculture/plantation and real-estate-business investment.View source
The page lists personal/business use with exclusions, non-repatriable direct investment, and an own-use house/flat in India.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Terms and Conditions — Purpose
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Interest rateOwn depositor: 9.75% p.a. reference rate. Third party: up to ₹2 lakh, 9.75%; above ₹2 lakh, 11.75% for personal use or 12.75% for business use. Calculated from the published MCLR spreads using 1-year MCLR of 8.75% effective 12 September 2026; these are reference calculations, not a borrower-specific quote.Effective 12 Sept 2026View source
The product page publishes +100 bps for an own advance and third-party advances up to ₹2 lakh; above ₹2 lakh it publishes +300 bps for personal use and +400 bps for business use. The Bank's current retail rate page states that -linked retail loans use 1-year and lists 1-year at 8.75% effective 12 September 2026. The reference percentages are arithmetic from those published inputs. The rate page separately retains a (B) Base Rate schedule dated 19 July 2010; this calculation is for current -linked terms and must not be applied to an account confirmed to remain on a legacy Base Rate regime.
Source
Loans Against (B) Deposits in Rupees; Retail Loans Interest Rates
Page / section
Product page — own and third-party rate spreads; Retail Loans Interest Rates — 1-year policy and current 1-year value
Accessed
24 Sept 2026
Confidence
high
Open official source ↗
Benchmark1-year MCLR; 8.75% p.a. effective 12 September 2026 for MCLR-linked retail loans. The Bank also retains a separate FCNR(B) Base Rate schedule dated 19 July 2010; confirm the linked benchmark for an existing facility.Effective 12 Sept 2026View source
The Bank says retail loans linked to are linked to 1-year and publishes 8.75% effective 12 September 2026. The (B) rupee product page states + published spreads. The same rate page retains a product-specific Base Rate formula explicitly effective 19 July 2010 but does not state how it applies to existing accounts today.
Source
Retail Loans Interest Rates — current policy and (B) legacy schedule
Page / section
policy and current schedule; (B) loan schedule in the separate Base Rate section
Accessed
24 Sept 2026
Confidence
high
Open official source ↗
Maximum amountDepositor’s own advance: up to 90% of present deposit value, with no separate RBI ceiling. Third-party advance: up to 80% of deposit value or ₹100 lakh, whichever is lower.View source
The page publishes 90% of present deposit value for the depositor and 80% or ₹100 lakh, whichever is lower, for a third party; says no separate ceiling subject to usual margin.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Own and third-party advance terms
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Margin10% for the depositor’s own advance; 20% for a third-party advance.View source
The page sets a 10% margin for own advance and 20% for third-party advance.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Own and third-party advance terms
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
RepaymentRepay by adjusting the deposit, inward remittance through normal banking channels, or local rupees from the borrower’s NRO account. Interest is due quarterly; two consecutive unpaid quarters can trigger deposit liquidation.View source
The page gives the deposit-adjustment, inward-remittance or borrower balance routes; two consecutive missed quarterly payments permit premature deposit withdrawal to liquidate the outstanding.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Terms and Conditions — Purpose; interest servicing
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
ConvertibilityThe loan amount is non-repatriable and cannot be credited to NRE or FCNR(B) accounts.View source
The page says the rupee facility does not enjoy convertibility, cannot be repatriated, and cannot be credited to /foreign-currency deposit accounts.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Terms and Conditions — Convertibility
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Interest servicingQuarterly (March, June, September and December); two consecutive missed quarters can trigger deposit liquidation.View source
Interest must be credited every quarter; two consecutive unpaid quarters permit premature withdrawal of the deposit to liquidate the outstanding loan.
Source
Loans Against (B) Deposits in Rupees — official product page
Page / section
Interest Rates & Charges
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Processing feeNilEffective 20 Jun 2019View source
The service-charge table row for LABOD/ODBOD states “Nil”; the adjacent documentation-charge schedule exempts advances against the Bank’s own deposits.
Source
Service Charges — Bank of Baroda official schedule
Page / section
LABOD/ODBOD row in the service-charge schedule
Accessed
23 Sept 2026
Confidence
medium
Open official source ↗

Benefits and features

  • Rupee loan or overdraft against an (B) foreign-currency fixed deposit; proceeds are non-repatriable.
  • Own-depositor advance: up to 90% of deposit value, 10% margin, at + 100 basis points.
  • Third-party advance: up to 80% of deposit value or ₹100 lakh, whichever is lower; pricing spread depends on amount and purpose.
  • Published uses include personal or business needs, non-repatriable investment and an own-use home, subject to stated exclusions.
  • Interest is serviced quarterly; two consecutive missed quarters can allow the Bank to liquidate the deposit.

Eligibility

  • The depositor may borrow against their (B) deposit or arrange a third-party advance; the rupee facility is non-repatriable.

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

Related official documents

Loans Against FCNR (B) Deposits in Rupees — official product pageofficial-product-page · current · accessed 29 Aug 2026
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Loans Against FCNR(B) Deposits in Rupees — current official product page and image referenceofficial-product-page · Current rate formula reconfirmed; official product-specific image located but image bytes remain unavailable for local verification and optimization. · accessed 24 Sept 2026
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Loans Against FCNR(B) Deposits in Rupees — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗
Service Charges — Bank of Baroda official scheduleofficial-service-charge-page · current page reviewed 2026-09-23; row’s published effective heading is 20.06.2019 · accessed 23 Sept 2026
↗
Loans Against FCNR(B) Deposits in Rupees — official product pageofficial-product-page · current page reviewed 2026-09-23 · accessed 23 Sept 2026
↗
MCLR w.e.f. 12.09.2026official-linked-pdf · reviewed page-by-page; hash cross-checked against prior rendered review · accessed 23 Sept 2026
↗
Bank of Baroda NRI download-forms directoryofficial-download-forms-page · reviewed 2026-09-23; no dedicated FCNR/NRE deposit-backed loan form listed · accessed 23 Sept 2026
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Retail Loans Interest Rates — Bank of Baroda current MCLR scheduleofficial-interest-rate-page · current; MCLR rates effective 12.09.2026 · accessed 23 Sept 2026
↗
Retail Loans Interest Rates — current MCLR policy and FCNR(B) legacy scheduleofficial-interest-rate-page · Relevant MCLR and FCNR(B) benchmark sections reviewed; retained Base Rate schedule applicability is not explained for current accounts. · accessed 24 Sept 2026
↗
All in Cost for Retail Loansofficial-linked-pdf · four-page PDF reviewed page-by-page; generic retail table contains no identified NRI deposit-backed variant terms · accessed 20 Sept 2026
↗
List of Important Terms & Conditions of the Loan / Advances (MITCs)official-linked-pdf · two-page generic disclosure template reviewed page-by-page; contains no variant values · accessed 20 Sept 2026
↗
Model Check List for Retail Loansofficial-linked-pdf · six-page generic checklist reviewed page-by-page; NRI documents are not identified as required for these variants · accessed 20 Sept 2026
↗
Accounts in India by Non-residents — RBI FAQ (as on 16 January 2025)official-regulatory-faq-pdf · six-page PDF fully reviewed page-by-page; relevant loan/account rows recorded · accessed 23 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

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₹23,713twenty-three thousand seven hundred thirteen rupees
Interest paid over the full loan₹31,91,101thirty-one lakh ninety-one thousand one hundred one rupees
Everything you repay₹56,91,101fifty-six lakh ninety-one thousand one hundred one 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

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Permitted purpose · Published detailPersonal use or business activity; direct investment in Indian firms/companies on a non-repatriation basis; or an own-use house/flat in India.

This value is copied from (B) rupee loan — permitted purpose and repayment. Check the table notes before relying on it.

Source: Loans Against (B) Deposits in Rupees — official product page · Terms and Conditions — Purpose, Premature Withdrawal, Fixed Deposits, Convertibility; 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 · 6 rows · 2 columnsFCNR(B) rupee loan — permitted purpose and repaymentPublished uses, exclusions, repayment paths and account restrictions.View tableHide table

Scroll sideways to view every column

FCNR(B) rupee loan — permitted purpose and repayment
TopicPublished detail
Permitted purposePersonal use or business activity; direct investment in Indian firms/companies on a non-repatriation basis; or an own-use house/flat in India.
Excluded purposeRe-lending, speculation, agriculture/plantation activity and investment in a real-estate business.
RepaymentAdjustment of the deposit; fresh inward remittance through normal banking channels; or local rupee resources in the borrower’s account.
Quarterly interest/defaultInterest is due each quarter; two consecutive missed quarters can trigger premature deposit withdrawal to liquidate the outstanding.
ConvertibilityLoan is non-repatriable and cannot be credited to /foreign-currency deposit accounts.
Deposit accessPremature withdrawal of the (B) deposit is unavailable while the advance is active.
Loans Against (B) Deposits in Rupees — official product page · Terms and Conditions — Purpose, Premature Withdrawal, Fixed Deposits, Convertibility; Interest Rates & Charges · accessed 23 Sept 2026Open official source ↗
Table 2 · 2 rows · 3 columnsPublished LABOD/ODBOD chargesThe current BOB service-charge page includes a fee row for loans/overdrafts against the Bank’s own deposits.View tableHide table

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Published LABOD/ODBOD charges
ChargePublished amountPublished scope
Processing chargeNilLABOD/ODBOD row in the Bank’s service-charge schedule.
Documentation chargeNilThe schedule says no documentation charge for LABOD/ against the Bank’s own deposits.
  • The live schedule carries an effective-date heading of 20 June 2019 and does not split out deposit variants. These products are secured by own deposits; recheck for a newer scheme-specific tariff before closing this batch.
Service Charges — Bank of Baroda official schedule · LABOD/ODBOD row; Documentation Charges — own-deposit exemption · effective 20 Jun 2019 · accessed 23 Sept 2026Open official source ↗
Table 3 · 4 rows · 3 columnsFCNR(B) rupee loan — current reference rates by borrower routeArithmetic reference rates using the Bank's published product spreads and its 1-year MCLR effective 12 September 2026.View tableHide table

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FCNR(B) rupee loan — current reference rates by borrower route
Borrower routePublished formulaReference rate at 8.75% 1-year
Depositor’s own advance1-year + 1.00%9.75% p.a.
Third-party advance up to ₹2 lakh1-year + 1.00%9.75% p.a.
Third-party advance above ₹2 lakh — personal purpose1-year + 3.00%11.75% p.a.
Third-party advance above ₹2 lakh — business purpose1-year + 4.00%12.75% p.a.
  • The and spreads are published by Bank of Baroda. The resulting percentages are arithmetic reference calculations, not separate Bank-published card rates or borrower-specific sanction quotes.
  • The Bank's rate page retains a separate (B) Base Rate schedule dated 19 July 2010; do not apply these -based calculations to an existing facility confirmed to remain on Base Rate.
Retail Loans Interest Rates — policy and schedule; (B) product spreads · One-year policy/current rate and product-page borrower-specific spreads · effective 12 Sept 2026 · accessed 24 Sept 2026Open official source ↗
Table 4 · 4 rows · 3 columnsFCNR(B) deposit loan — separate legacy Base Rate spread scheduleSchedule retained in Bank of Baroda's rate page and explicitly dated 19 July 2010; current applicability to existing facilities is not explained.View tableHide table

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FCNR(B) deposit loan — separate legacy Base Rate spread schedule
Borrower routePublished Base Rate spreadSchedule date shown by the Bank
Depositor’s own advanceBase Rate + 100 bps19 July 2010
Third-party advance up to ₹2 lakhBase Rate + 100 bps19 July 2010
Third-party advance above ₹2 lakh — personal purposeBase Rate + 300 bps19 July 2010
Third-party advance above ₹2 lakh — business purposeBase Rate + 400 bps19 July 2010
  • This is a separate dated Base Rate schedule, not an alternative current quote. The rate page does not say which existing (B) rupee facilities remain on Base Rate; confirm the borrower's contract/regime with the Bank before applying it.
  • The page's Base Rate headings show different effective dates/values in different sections; no all-in legacy rate is calculated here.
Retail Loans Interest Rates — (B) Base Rate schedule · Rate of Interest for Retail Loans linked to Base Rate — Loan against (B) Deposits (w.e.f. 19.07.2010) · effective 19 Jul 2010 · accessed 24 Sept 2026Open official source ↗
Table 5 · 4 rows · 4 columnsFCNR(B) loan in rupees — amounts, margins and published MCLR spreadsThe product page publishes separate terms for the depositor's own advance and a third-party borrower.View tableHide table

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FCNR(B) loan in rupees — amounts, margins and published MCLR spreads
Borrower routeMaximum advanceMarginPublished rate formula
Depositor’s own advanceUp to 90% of present deposit value; no separate amount ceiling10% + 100 bps
Third-party advance, up to ₹2 lakhWithin overall third-party cap: 80% of present deposit value or ₹100 lakh, whichever is lower20% + 100 bps
Third-party advance above ₹2 lakh — personal useWithin overall third-party cap: 80% of present deposit value or ₹100 lakh, whichever is lower20% + 300 bps
Third-party advance above ₹2 lakh — business useWithin overall third-party cap: 80% of present deposit value or ₹100 lakh, whichever is lower20% + 400 bps
  • The Bank's retail-loan rate page says -linked retail loans use 1-year ; current 1-year is 8.75% effective 12 September 2026. Transparent reference calculations by borrower route appear in a separate table.
  • The same rate page retains a separate (B) Base Rate schedule effective 19 July 2010. That legacy schedule is preserved separately; confirm the applicable pricing regime for an existing facility.
Loans Against (B) Deposits in Rupees — official product page · Features — own and third-party advances; current tenor and value cross-referenced to Bank of Baroda Retail Loans Interest Rates · accessed 24 Sept 2026Open official source ↗
Table 6 · 5 rows · 2 columnsBank of Baroda MCLR reference rates — effective 12 September 2026Current MCLR schedule; the Bank states retail loans linked to MCLR use the 1-year tenor.View tableHide table

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Bank of Baroda MCLR reference rates — effective 12 September 2026
tenorAnnual rate
Overnight7.85%
1 month7.95%
3 months8.30%
6 months8.50%
1 year — retail-loan benchmark8.75%
  • The rate page says rates on retail loans linked to use 1-year . The (B) rupee product page states + spreads, so the 1-year row is used for current reference arithmetic.
  • The rate page separately retains an (B) Base Rate schedule effective 19 July 2010; existing-facility applicability is not explained.
Retail Loans Interest Rates — current policy and schedule · table effective 12 September 2026; all retail loans linked to 1-year · effective 12 Sept 2026 · accessed 24 Sept 2026Open official source ↗

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