Design Your Dreams!

With Our Specialised Scheme for Financing Textile Units.

Scheme For Financing Textile Units

Nature of facility

Term Loan/Demand loan, Cash Credit and

Non-Fund based limit ie LC & Bank Guarantees

Export facilities: PC, PCFC, FBP, FBD, PSDL


Minimum: Rs.25 lacs, Maximum: Rs.50 crores.


  • Working Capital requirement both Fund Based and Non-Fund Based.
  • Financing new project i.e. acquisition / construction of Land and Building and Plant and Machinery (including second hand Plant and Machinery as per guidelines) based on the project cost.


All new/existing units (including taken over from other banks) engaged in textile activity (as recognised by Ministry of Textile, Govt. of India) including Job worker /Traders (including e-commerce traders) under this scheme.

Baroda SME Gold Card: Borrower accounts with ‘Standard’ category for the last 1 year with credit rating BOB-5 can be covered under this scheme.

Constitution of borrower: Proprietorship / Partnership concerns / LLP / Private Limited Co. / Ltd Co. HUF are not eligible.

Method of assessment of working capital limit

As per Bank Guidelines.

Note: Assessment of limit should be independent of TUFS subsidy i.e. while calculating DSCR and Margin, projected TUFS subsidy should be excluded.

Rate of Interest

Starting from BRLLR+SP+0.80%

(Concessions may be allowed based on merit of the case)

Note: For export credit facilities, the ROI to be charged as per extant Guidelines issued by Bank.



Type of Facility

Type of Primary Asset


Cash Credit

Stock and Book Debts*

25% (minimum).

Sanctioning Authority may prescribe higher margin on case to case basis.





Term Loan


Factory Land & Building


New Plant & Machinery and other misc. fixed assets



Second hand Plant & Machinery (under TUF scheme)



Second hand Plant & Machinery (imported)



Second hand Plant & Machinery (indigenous outside TUF scheme)


*Book Debts up to age of 120 days may be financed.


  • For working capital facilities : 12 Months
  • For Term Loan: Maximum 9 years (including moratorium period)

Service and other charges

Type of Service Charge

Applicable Service Charges

Processing Charges/Upfront Fee/Documentation



50% of applicable charges

Remittance Charges

Intersol Charges

Inspection Charges

Mortgage Creation Charges/ TEV Study Charges

50% Concession to CMR 1-3 rated accounts may be allowed.


For Term Loan:

1st charge over entire fixed assets and 2nd charge on current assets.

For Working Capital:

1st or 2nd charge over fixed assets and 1st charge on current assets.


Collateral Security Requirement**

Upto Rs.10 Crores

Decided by sanctioning authority.


Above Rs.10 Crores

Min 40% required other than fixed assets of unit already charged as primary security

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