Prepared for tomorrow? Secure today too.


Presenting a wide range of loans to power your dreams.

  • Benefits
  • Features
  • Eligibility
  • Documents Required
  • Interest rates & charges

Baroda Loan against Future Rent Receivable (Retail Segment) : Benefits

  • Loan against future rentals from the leased property.
  • Funds may be used for any purpose, except for activities restricted by RBI or for speculative purposes
  • Loans upto Rs 100 crore.
  • Avail Dropline overdraft upto 10% of total limits.
  • Longer repayment period upto 15 years.
  • Competitive rate of interest and low processing charges.

Baroda Loan against Future Rent Receivable (Retail Segment) : Features

  • Individual / Non-individual owners of commercial properties, leased to reputed lessees.
  • Repayment period upto 15 years.
  • Maximum Loan amount upto Rs 100 crore.
  • Additional concession of 25 bps in rate of interest for loans to owners of Branch / office premises leased to Bank of Baroda.
  • Security: Assignment of future rent and Mortgage of leased property with 1.25x security cover.
  • Debt service reserve account and escrow a/c to be maintained with Bank.
  • Fixed interest option is available with 2% over & above applicable floating rate.

Baroda Loan against Future Rent Receivable (Retail Segment) : Eligibility

  • Owners of commercial properties, leased to reputed lessees
  • Individual with minimum CIBIL score of 650 and Non-individual with minimum CMR-5 rating.
  • Property with social infrastructure may be accepted with collaterals in addition to the leased assets.
  • Purpose: General Purpose / Personal needs, except for activities restricted by RBI or for speculative purposes.

Baroda Loan against Future Rent Receivable (Retail Segment) : Documents Required

In case of Individuals:
  • Application Form duly filled and signed by applicant/guarantor.
  • Form 135 of all the applicants
  • Two Passport Size Photograph of applicant/co-applicant/guarantor.
  • Bank A/c Statement for last 12 months where lease rentals are credited.
  • Personal Identification Proof (Any one).
    1. PAN Card, Aadhar Card, Driving License, passport, Electoral I-Card etc.
  • Residential Address Proof (Any One):
    1. Electricity Bill, Telephone Bill (Land Line), Electoral/Voters ID Card, Passport.
  • In case of takeover of loan:
    1. Term Loan account statement with existing lender.
    2. Sanction letter for existing loan

In case of Non-Individuals:
  • Memorandum of Association, Article of Association and Certificate of Incorporation.
  • Form 135 of all the promoters, partners, guarantors etc.
  • Board Resolution (wherever applicable).
  • Details of existing banking relationship with our Bank/other Banks.
  • Bank A/c Statement for last 12 months where lease rentals are credited.
  • In case of takeover of loan:
    1. Term Loan account statement with existing lender.
    2. Sanction letter for existing loan
  • Latest -3- years audited Balance sheet & Profit & Loss account.
  • Individual tax returns of the Partners/Directors/Proprietor etc.
  • Place of Business/Nature of Business/Line of Activity etc.
  • Details of Associate Concerns

Property Related Documents:
  • Original title deeds of the leased property or any other property offered for mortgage along with complete chain of title deeds.
  • Latest maintenance, Water Tax, Municipal Tax and any other such taxes paid receipt.
  • Permission to create Equitable Mortgage from society / Development Authorities. (Wherever applicable).
  • Copy of registered Lease deed.
  • In case lease rent are already received
    1. Form 26 AS issued by Income Tax Authorities.
    2. Copies of GST returns for last 4 quarters.
  • Any other documents specified by Bank’s panel advocate in the legal opinion/ title clearance report.
  • Profiles and Brief financials of lessee.

Note: The Bank may use the services of agents in sales/marketing etc of the product.

Baroda Loan against Future Rent Receivable (Retail Segment) : Interest rates & charges

Period of Loan Floating ROI Effective ROI (floating) Fixed ROI Effective ROI (fixed)
Upto 10 Years BRLLR + Strategic Premium + 2.00% 0.00% BRLLR + Strategic Premium + 4.00% 0.00%
Above 10 Years BRLLR + Strategic Premium + 2.25% 0.00% BRLLR + Strategic Premium + 4.25% 0.00%

Note : Additional concession of 25 bps in rate of interest for loans to owners of Branch / office primises leased to Bank of Baroda.


Processing Charges
  • (One Time*) - Min 1000/- & Max 1 % of loan amount

Escrow Charges
Loan amount Charges
Upto Rs 10 crs Rs 10,000/- p.a.
Above Rs 10 Crs Rs 25,000/- p.a.

Prepayment charges
Individual Nil
Non Individuals 1% of the amount prepaid.

Note: Interest rate & Charges are subject to change from time to time.

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.


The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.


Proceed to the website


Thank you for visiting www.bankofbaroda.in

X
We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.