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Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits

Apply for loans/overdrafts against security of non-resident (rupee) fixed deposits at Bank of Baroda. Know more about loan against security of non-resident (rupee) fd.

Maximum amountNo RBI-prescribed ceiling; usual margin requirements apply.Processing feeNilLoan typeLoan or overdraft against non-resident rupee fixed deposits
Official product page ↗Compare category

Quick eligibility check

Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits

0 of 4 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, or request the facility for another resident or non-resident person?

Published source: Eligible borrower

2Are you this type of customer: Borrower may be the depositor or another person, whether resident or non-resident?

3Do you meet this requirement: On return to India, eligible NRE account conversion is available?

4Are you applying through the fixed-deposit route described here?

0 of 4 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.

Loan typeLoan or overdraft against non-resident rupee fixed depositsView source
The page title identifies loans/overdrafts against security of non-resident (rupee) fixed deposits.
Source
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page
Page / section
Product title; overview
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Eligible borrowerThe depositor may borrow, or request the facility for another resident or non-resident person.View source
The page describes self-advance by the depositor and third-party advance for another person, resident or non-resident.
Source
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page
Page / section
Features; Third Party Advances
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Maximum amountNo RBI-prescribed ceiling; usual margin requirements apply.Effective 16 Jan 2025View source
says authorised dealers may sanction loans to account holders or third parties without a limit, subject to usual margin requirements.
Source
Accounts in India by Non-residents — (as on 16 January 2025)
Page / section
page 2 — Loans in India; loans against deposits
Accessed
23 Sept 2026
Confidence
high
Open official source ↗
Deposit termOfficial terms describe USD/GBP deposits for 12–60 months; this conflicts with the product’s rupee-FD title and overview.View source
The page describes a 12-month-to-five-year deposit term and / funds, while its overview and title identify rupee fixed deposits.
Source
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page
Page / section
Terms and Conditions — Premature Withdrawal; Fixed Deposits; Interest Rates & Charges
Accessed
23 Sept 2026
Confidence
medium
Open official source ↗
Return to resident statusOn return to India, eligible NRE accounts may convert to resident rupee or RFC accounts; NRE fixed deposits continue at the contracted rate through maturity.View source
The page states accounts may convert to resident rupee or accounts at the account holder’s option, and deposits continue at the agreed rate until maturity.
Source
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page
Page / section
Features; Terms and Conditions
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

  • Loan or overdraft against non-resident rupee fixed deposits; proceeds are non-repatriable Indian rupees.
  • The depositor may borrow or request an advance for another resident or non-resident person.
  • On return to India, eligible accounts may convert to resident rupee or accounts; an fixed deposit retains its contracted rate until maturity after conversion.
  • The page has conflicting rupee- and / currency and rate terms; confirm the applicable variant and pricing with the Bank.

Eligibility

  • Borrower may be the depositor or another person, whether resident or non-resident.
  • On return to India, eligible account conversion is available; an fixed deposit continues at its contracted rate through maturity after conversion.

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

Related official documents

Foreign Currency Non-resident (FCNR-B) deposit interest ratesofficial-rate-schedule · current; deposit yields only, not the borrower loan rate · accessed 23 Sept 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/Overdrafts Against Security of Non-Resident Rupee Fixed Deposits — official product pageofficial-product-page · current · accessed 29 Aug 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
↗
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product pageofficial-product-page · current page reviewed 2026-09-23 · accessed 23 Sept 2026
↗
Retail Loans Interest Rates — Bank of Baroda current MCLR scheduleofficial-interest-rate-page · current; MCLR rates effective 12.09.2026 · accessed 23 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

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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₹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

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.

Product overview · Published statementLoan/overdraft against rupee fixed deposits placed with Bank of Baroda; proceeds are non-repatriable .

This value is copied from Published terms and unresolved product-page mismatch. Check the table notes before relying on it.

Source: Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page · Product overview; Features; Interest Rates & Charges; Terms and Conditions Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 5 rows · 2 columnsPublished terms and unresolved product-page mismatchPage statements preserved side by side; the rate is not inferred from the conflicting currency/term language.View tableHide table

Scroll sideways to view every column

Published terms and unresolved product-page mismatch
Page sectionPublished statement
Product overviewLoan/overdraft against rupee fixed deposits placed with Bank of Baroda; proceeds are non-repatriable .
Borrower routeDepositor can borrow, or ask that another resident or non-resident person receive the advance.
Interest Rates & ChargesFor deposits of 12–60 months, the page says the same rates as deposits apply; it links to current rates.
Terms and ConditionsFunds may be held in and/or ; deposit term is 12 months to five years.
ReconciliationTitle/overview say non-resident rupee fixed deposits, while rate/terms cite / and / deposits; the page does not resolve which rate schedule applies.
  • The conflicting statements are all on the same live page; the loan-rate comparison cell is intentionally blank pending issuer clarification.
Loans/Overdrafts Against Security of Non-Resident (Rupee) Fixed Deposits — official product page · Product overview; Features; Interest Rates & Charges; Terms and Conditions · accessed 23 Sept 2026Open official source ↗
Table 2 · 6 rows · 2 columnsRBI rules for loans against NRE/FCNR deposits in IndiaRelevant RBI FAQ provisions; distinguish the regulatory ceiling and conditions from BOB’s own deposit margin.View tableHide table

Scroll sideways to view every column

RBI rules for loans against NRE/FCNR deposits in India
RulePublished detail
Amount ceilingAuthorised dealers may sanction loans to account holders or third parties without an -set amount limit, subject to usual margin requirements.
Location and useLoans in India cannot be repatriated abroad and must be used in India for permitted purposes.
Third-party pledgeNo direct or indirect foreign-exchange consideration may be paid to the non-resident depositor for pledging the deposit.
Account-holder repaymentDeposit adjustment, inward remittance through banking channels, or the account holder’s balance.
Premature withdrawalPremature withdrawal of the deposit is unavailable while it secures a loan.
Use exclusionsThe excludes re-lending, agriculture/plantation activities and investment in real estate.
  • rules are regulatory context; the product page’s own currency/rate wording is internally inconsistent.
Accounts in India by Non-residents — (as on 16 January 2025) · page 2 — Loans in India; loans against deposits; page 3 — premature withdrawal · effective 16 Jan 2025 · accessed 23 Sept 2026Open official source ↗
Table 3 · 5 rows · 9 columnsBOB FCNR(B) deposit interest ratesAnnual deposit rates from the schedule effective 13 July 2026. These are deposit rates, not a loan APR.View tableHide table

Scroll sideways to view every column

BOB FCNR(B) deposit interest rates
Maturity period < $0.2m $0.2–1m > $1–5m > $5m
1 year to <2 years5.00%5.00%5.00%5.00%4.25%2.75%3.75%3.25%
2 years to <3 years3.55%3.55%3.55%3.55%2.35%1.50%3.50%3.00%
3 years to <4 years3.35%3.35%3.35%3.35%2.45%1.50%3.00%2.75%
4 years to <5 years2.95%2.95%2.95%2.95%2.45%1.50%3.00%2.80%
5 years3.05%3.05%3.05%3.05%2.45%1.50%3.00%2.85%
  • This schedule is linked by the page’s / rate text; the page separately describes a rupee- product and / deposits, so no borrower rate is mapped from this table.
  • This is a deposit-rate matrix, not a loan .
  • Rates are subject to the Bank’s discretion; the page says the schedule applies to fresh and existing deposits renewed at maturity.
Foreign Currency Non-resident (-B) deposit interest rates · (B) deposits — maturity and currency rate table · effective 13 Jul 2026 · accessed 23 Sept 2026Open official source ↗
Table 4 · 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

Scroll sideways to view every column

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 ↗

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