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Published on: Jul 30, 2026

Baroda Sme Gold Card

Bank of Baroda through the Baroda Sme Gold Card provides an additional limit of 10% of the assessed eligible bank finance as working capital to MSME businesses. Bank of Baroda is an Indian bank and financial services company headquartered in Vadodara in Gujarat, India. Bank of Baroda is the second largest bank in India, next to State Bank Of India.

Overview

The purpose of Baroda Sme Gold Card is to provide MSME businesses with less than Rs.150 crores annual sales turnover with a 10% additional working capital limit to meet emergent requirements for funds. Through the scheme, hassle free, spot assistance can be availed by borrowers to meet temporary mismatch in liquidity arising out of delayed payment by buyers, tax payment, execution of bulk orders, etc.

Eligibility Criteria

To obtain Baroda Sme Gold Card, the account must be in Standard Category for last 2 years, with credit rating of BOB-5 and above and enjoying working capital limits of Rs. 25/- Lakhs and above. In addition, the account must have sole banking arrangement with Bank of Baroda or must be finance by financed under sole banking arrangement.

Interest & Repayment

The rate of interest applicable for regular cash credit facility would be applicable for Baroda Sme Gold Card. The limit is provided for 12 months to be allowed on 4 occasions during the year for a maximum period of 2 months on each occasion with a minimum gap of 15 days between two withdrawals.

How to Avail

No additional documentation or formalities are required at the time of availing facility every time as the 10% additional limit will be a part of the regular sanction. Further, no additional collateral security would be required.
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Frequently Asked Questions

Common questions about SME Working Capital Solutions in India for MSMEs.

The Baroda SME Gold Card is a facility provided by Bank of Baroda that offers an additional 10% of the assessed eligible bank finance as working capital to MSME businesses with an annual sales turnover of less than Rs.150 crores. It is designed to provide hassle-free, spot assistance to borrowers to meet temporary liquidity mismatches.
To be eligible for the Baroda SME Gold Card, the account must be in the Standard Category for the last 2 years, with a credit rating of BOB-5 and above. Additionally, the account must be enjoying working capital limits of Rs. 25 Lakhs and above, and have a sole banking arrangement with Bank of Baroda or be financed under a sole banking arrangement.
No additional documentation or formalities are required at the time of availing the facility every time, as the 10% additional limit will be a part of the regular sanction. Moreover, no additional collateral security would be required to avail the Baroda SME Gold Card.
The rate of interest applicable for the regular cash credit facility would be applicable for the Baroda SME Gold Card as well.
The limit provided under the Baroda SME Gold Card is for 12 months, and it can be allowed on 4 occasions during the year for a maximum period of 2 months on each occasion, with a minimum gap of 15 days between two withdrawals.
The Baroda SME Gold Card can be used by MSME businesses to meet emergent requirements for funds, such as temporary mismatches in liquidity arising out of delayed payments by buyers, tax payments, execution of bulk orders, and other similar scenarios.
No, the Baroda SME Gold Card is specifically designed for MSME businesses with an annual sales turnover of less than Rs.150 crores. Other customers of Bank of Baroda may not be eligible for this facility.
No, the Baroda SME Gold Card does not require any additional collateral security. The 10% additional limit is provided as part of the regular sanction without the need for additional security.
The Baroda SME Gold Card is intended to provide working capital assistance to MSME businesses for specific purposes, such as meeting temporary liquidity mismatches, delayed payments from buyers, tax payments, and execution of bulk orders. It should be used for the intended purposes only.
No, the Baroda SME Gold Card is not a separate loan or credit facility. It is an additional 10% limit provided on top of the assessed eligible bank finance as working capital for MSME businesses.