Make your securities work harder for you.


Avail advance against security of national savings hassle-free

  • Features
  • Eligibility
  • Interest rates & charges
  • Most Important Terms and Conditions (MITC)

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP) : Features

Type Of Facility Demand /Overdraft & Term Loan
Minimum Loan Limit
  • Rs.3,000/- (Term & Demand Loan)
  • Rs.20,000/- ( Overdraft)
Maximum Loan amount No Ceiling

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP) : Eligibility

  • Resident Individuals aged 21 Years and above.

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP) : Interest rates & charges

Product Conditions Repo Rate + Spread Effective Rate of Interest
Loan Against KVP / e KVP
Conditions
Demand Loan / Term Loan
Repo Rate + Spread
1.00% Over KVP rate or BRLLR + S.P. + 1.50%, whichever is higher.
Effective Rate of Interest
-
Conditions
Overdraft
Repo Rate + Spread
0.25% higher than the ROI applicable to DL/TL i.e., 1.25% over KVP rate or BRLLR + S.P. + 1.75%, whichever is higher.
Effective Rate of Interest
-
Conditions
Staff
Repo Rate + Spread
0.50% over KVP rate
Effective Rate of Interest
-

Processing Charges
  • Rs.500 + GST

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP) : Most Important Terms and Conditions (MITC)

  • KVP issued by post office or any Bank of Baroda Branch will be accepted.
  • Advance will disbursed only after noting with appropriate authorities.
  • Advance to third party is not permitted.

Frequently Asked Questions (FAQs)

  • Can I get a loan on my NSC (National Savings Certificate)?

    Yes, you can borrow against your NSC up to 80–85% of its face value.

  • Can I take a loan on KVP (Kisan Vikas Patra)?

    Yes, you can certainly apply for a loan against KVP up to 80 to 85% of the face value.

  • How to get a loan on Kisan Vikas Patra (KVP)?

    By visiting your nearest bank branches

  • What is the minimum and maximum loan amount that can be availed against NSC or KVP? (In bullet points)

    Minimum: Loan Rs.3,000
    Overdraft: Rs.20,000
    Maximum: No ceiling 

  • How to use NSC as security for loans?

    To be eligible for a loan, a person must give the bank a pledge of their NSC.

  • Is NSC safe for a loan?

    Yes.

  • How will your bank decide your loan eligibility against NSC or KVP?

    Banks may lend up to 80 to 85 percent of the face value of NSCs or KVPs.

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