Digital MSME Loan
An online working capital loan from Bank of Baroda for manufacturing and service MSMEs, applied for with your GST, income tax and bank statement details.
Last updated on
- Status
- Open
- Run by
- Bank of Baroda
What you get
- Working capital from ₹10 lakh to ₹5 crore
- Limit runs for 12 months and is reviewed every year
- Secured on the assets the loan creates, or as agreed with the bank
- Apply and track your application online
Who can apply
- Businesses that are already running.
- Open to businesses in manufacturing and services.
- Micro, small and medium enterprises.
- The most on offer is ₹5 crore.
- Manufacturing or service MSMEs
- Needs 1 to 3 years of income tax returns and 6 months of bank statements
How to apply
- Open the product page and choose apply online, or use bob World or internet banking
- Enter your PAN, GST and business details and upload tax returns and bank statements
- Track the application online with the login the bank gives you
In person, nearest Bank of Baroda branch, or give a missed call to 8467001111
In Kerala, online through the Bank of Baroda website, bob World app or internet banking, from anywhere in Kerala
Documents to keep ready
- Valid mobile number and email
- PAN, and GSTN username with the GST registered mobile number if GST registered
- Latest income tax return, ITR 3, 5 or 6 in XML or ITR 4 in PDF
- Last 6 months of bank statements in PDF
- Business registration or Udyam registration details
- KYC of the business and of the proprietor, partners or directors
- Details of related parties and existing loans
Figures you may see elsewhere
This page still defines micro, small and medium by the 2020 limits (micro up to ₹1 crore investment and ₹5 crore turnover), while Bank of Baroda's main MSME Loan page uses the newer, higher limits. Follow the current government definition.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.