Different people have different needs.
Presenting a wide range of loans to power your dreams.
Interest rates & charges
Most Important Terms and Conditions (MITC)
Loan for Public Issues-IPO : Benefits
Loan for Public Issues-IPO : Features
Loan for Public Issues-IPO : Eligibility
Loan for Public Issues-IPO : Interest rates & charges
|Product||Conditions||Repo Rate + Spread||Effective Rate of Interest|
|Baroda Loan for Subscription to Public Issue/IPO||
Repo Rate + SpreadBRLLR + SP + 4.00%
Effective Rate of Interest0.00%
Service Charges (Excluding GST) w.e.f. 20/06/2019:
Rs. 300 /-
Loan for Public Issues-IPO : Documents Required
Loan for Public Issues-IPO : Most Important Terms and Conditions (MITC)
Loan Amount: Maximum Rs. 10 lakhs
Margin: 50% of the issue price including premium or bid price
Loan Period: 90 days
- Pledge of the shares to be allotted.
- Earmarking of the refund to be credited in the savings account of the borrower.
- Letter of authority.
Loan under the scheme is available only at selected branches.
Please fill in these details, so we can call you back and assist you.
How do I get a loan for an IPO?
Only a few BOB branches (a list is available on the bank's website) offer the facility under the scheme. One needs a DEMAT account, a savings account, or current account and must be working toward a profit to be eligible for a loan for public issues.
Can I get a loan for public issues?
Yes, provided that the borrower is an adult individual engaged in gainful activity, has a savings account, current account, DEMAT Account, and is employed.
What are IPO loans?
To acquire Demat shares under the IPOs.
What is IPO funding?
Financing individuals for subscription of Public Issues or IPOs of reputed PSUs.
What is the benefit of buying an IPO?
One may have the chance to invest in equity, where the chances of a profit are relatively higher.
How do I apply for an IPO?
You can submit an application for Bank of Baroda IPO subscription through our branch, online banking, or bob World, etc.
Who can apply for an IPO?
Any adult with a savings account, current account, and DEMAT account is eligible.
Can we apply for an IPO with Bank of Baroda?
Yes, one can apply for an IPO via a Bank of Baroda branch, Internet banking, or mobile banking (bob World).