Different people have different needs.


Presenting a wide range of loans to power your dreams.

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

Loan for Public Issues-IPO : Features

  • Nature of Facility: Demand Loan
  • Maximum Loan Limit: Rs. 10.00 Lakhs
  • Margin: 50% of the issue price (including premium or bid price) to be deposited upfront in the applicant’s Savings Bank account.
  • Loan Tenor / Period: 90 days
  • Mode of Disbursement: Disbursed as a Demand Loan for each issue.

Loan for Public Issues-IPO : Eligibility

  • Any adult individual engaged in any gainful activity having a regular source of income or who is otherwise considered creditworthy and;
  • The applicant should have Savings or Current Account with the branch where the loan is availed (or open an account prior to availing the facility).
  • The applicant should have a Demat account with Bank of Baroda. If the Demat account is held with another Depository Institution, the applicant must authorize the Depository institution to note a lien in favor of Bank of Baroda.
  • Corporates shall not be extended credit investment in other companies’ IPOs.
  • Financing is strictly prohibited to NBFCs for onward lending to individuals for IPOs.

Loan for Public Issues-IPO : Interest rates & charges

  • Interest Rate: BRLLR+SP+4.00%, effective Rate : 12.40%
  • Service Charges: Rs. 500/- + GST w.e.f. 01/04/2026

Loan for Public Issues-IPO : Documents Required

  • Loan Application Form
  • Loan Agreement
  • Pledge Creation Form

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


Security
  • 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.

Frequently Asked Questions (FAQs)

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