Which authority approves MSME OTS at Bank of Baroda?

For most MSME exposures, the Chief Manager (SAMV) at Zonal Office approves. Larger exposures escalate to DGM / GM at Regional or Corporate Office.

My loan was originally with Vijaya Bank / Dena Bank — where do I go?

Post-amalgamation, all legacy Vijaya and Dena Bank MSME accounts sit within BoB. Verify current SAMV mapping and file with the mapped Chief Manager (SAMV).

Does BoB run NDND OTS schemes?

Yes — periodic quarter-end and year-end NDND schemes with standardised waivers per NPA vintage. Ask the branch or SAMV for the latest applicable circular.

How long does a BoB OTS take?

90–180 days on regular files; 60–90 days for scheme-eligible cases with clean documentation.

Bank of Baroda · SAMV

Bank of Baroda MSME Loan Settlement

Chief Manager (SAMV) at Zonal Office is the primary approver
Legacy Vijaya / Dena Bank accounts routed through BoB SAMVs
NDND OTS schemes at quarter and year end

Free Case Assessment Talk to a Consultant

Bank of Baroda, post-amalgamation with Vijaya Bank and Dena Bank, has one of the largest PSU MSME books in India. Its settlement culture is structured through Stressed Asset Management Verticals (SAMVs) with clear zonal approval hierarchies.

For most MSME cases, the Chief Manager (SAMV) at Zonal Office is the primary approving authority. Escalations go to DGM / GM at Regional or Corporate Office for larger exposures. Legacy Vijaya and Dena Bank accounts continue at BoB post-amalgamation and are routed through mapped SAMVs.

Like other large PSUs, BoB launches periodic NDND OTS schemes at quarter-end and year-end — the fastest closure route when the case fits.

Free Assessment

30-minute confidential case review

A senior consultant reviews your outstanding, NPA stage and options — no obligation, no cost. All conversations are covered by NDA.

• Waiver band estimate for your case
• Best-fit authority / branch to file at
• Risk of SARFAESI / auction escalation
• Documentation checklist

Bank of Baroda OTS Policy — What Actually Governs Your Case

BoB's OTS runs through the SAMV. Regular Compromise Policy files go to the Chief Manager (SAMV); scheme-eligible files should always exhaust the NDND route first for speed.

Board-approved Compromise Settlement Policy with RVS-based floor
Structured waiver matrix per exposure band and NPA vintage
Down-payment 10–25%; balance 3–12 months
Periodic NDND OTS schemes at quarter / year end

Bank of Baroda Observed Waiver Bands by NPA Stage

NPA Stage / Route	Observed BoB Waiver Band	Down-Payment	Balance Window
Sub-standard (regular)	40–55%	10–25%	3–6 months
Doubtful (regular)	55–70%	10–20%	3–9 months
Loss Asset (regular)	60–80%	10–15%	3–12 months
NDND scheme window	55–72%	10–20%	60–90 days

Bank of Baroda Settlement Process — Step by Step

Step 1
Confidential Assessment
Case review — outstanding, NPA stage, security cover, promoter exposure. 30-minute consultation.
Step 2
Documentation & Hardship File
3-year financials, bank statements, GST, sanction letters, hardship narrative and source-of-funds evidence.
Step 3
OTS Proposal Drafting
Structured proposal referencing RBI framework, RVS working, precedent cases and payment schedule.
Step 4
Bank Submission
Proposal filed with the right authority — SAM branch / SARB / SAG / Regional Collections Head.
Step 5
Committee Negotiation
Follow-up, counter-offers, precedent deployment and final waiver / structure negotiation.
Step 6
Sanction & Payment
OTS sanction letter, down-payment, balance tranches, and receipt reconciliation.
Step 7
No Dues & Closure
No Dues Certificate, security release, CIBIL update, guarantor discharge.

Bank of Baroda Recovery Approach & Escalation Ladder

BoB's Stressed Asset Management Vertical (SAMV) at zonal offices handles MSME NPA cases. Legacy Vijaya and Dena Bank accounts route through BoB SAMVs — always verify branch mapping.

Branch Manager — pre-NPA / small ticket
Chief Manager (SAMV), Zonal Office — primary approver for MSME OTS
DGM / GM, Regional Office — larger exposures
GM / ED level, Corporate Office — policy-band cases

SARFAESI at Bank of Baroda — Practical Realities

BoB's SARFAESI cadence tracks the PSU norm — 13(2) at 90–180 days NPA. Well-drafted 13(2) replies engaging the SAMV's likely RVS working buy the most time.

Post-13(4), auction stays are available on filed OTS proposals under SAMV / zonal review. Cases at this stage should file with the SAMV Chief Manager directly, with a copy to the DGM (Recovery), Regional Office.

Eligibility

Account classified as SMA-2, NPA sub-standard, doubtful or loss asset
Not tagged as wilful default or fraud
Realistic source of funds for at least the down-payment tranche
Willingness to sign a full and final settlement with the bank
Promoter/guarantor cooperation in documentation and negotiation
No parallel criminal / recovery proceedings that block settlement

Standard Documentation

• Latest sanction letter and all amendments / renewals
• 3-year audited financials (P&L, balance sheet, notes)
• Latest GST returns (12 months) and income-tax returns
• Complete bank statements — 24 months across all lenders
• CIBIL commercial and consumer reports (self and guarantors)
• Hardship narrative — cause and consequences of stress
• Source-of-funds evidence for OTS payment
• Security valuation report (secured cases)
• SARFAESI notices, DRT filings, correspondence trail

Bank-Specific Documents

• BoB sanction letter and NPA classification
• BoB Statement of Account (24 months)
• Current SAMV mapping (from CBS)
• Latest NDND OTS scheme circular
• 13(2) / 13(4) notices from BoB, if issued

Bank of Baroda OTS — close-out window 90–180 days; NDND scheme 60–90 days

Week 1–2
Assessment
Case diagnosis, document collection, hardship narrative drafted.
Week 3–4
Proposal Filed
OTS proposal submitted to competent authority with all annexures.
Week 5–10
Negotiation
Committee cycle, counter-offers, RVS reconciliation.
Week 11–16
Sanction & Payment
Sanction letter, down-payment, balance tranches.
Week 17–20
Closure
No Dues Certificate, security release, CIBIL update.

Settlement Calculator (Indicative)

Rough waiver band based on NPA stage. Actual outcome depends on bank, RVS, DPD and negotiation.

Outstanding (₹)NPA Stage

Estimated waiver band: 55%–70%

Indicative payable: ₹15,00,000 – ₹22,50,000

OTS Eligibility Checker

Quick 4-question check. Not a formal opinion.

Account is NPA (Sub-standard / Doubtful / Loss) or SMA-2 Account is tagged Wilful Default / Fraud Realistic source of funds for down-payment Promoter / guarantor cooperation available

Needs review — some flags reduce OTS eligibility. Speak with a consultant.

Case Studies

Auto Component — ₹5.5 Cr at BoB SAMV, Vadodara

Vadodara auto component SME, ₹5.5 Cr doubtful. SAMV cleared OTS at ₹2.6 Cr (52.7%) with 15% on sanction and 4 tranches over 6 months.

Legacy Dena — ₹2.4 Cr Sub-standard

Mumbai legacy Dena Bank account, now BoB SAMV. ₹2.4 Cr sub-standard. OTS at ₹1.15 Cr (52%) with 15% down and 3 tranches over 4 months.

Food Processing — ₹8.1 Cr NDND Scheme

Ahmedabad food processing unit fitting NDND scheme. ₹8.1 Cr. Sanctioned at ₹3.3 Cr (59.3%) with 20% on sanction and balance in 75 days.

Client Voices

"Filed clean OTS with the right authority. Sanctioned in 4 months at 62% waiver."
— Rajesh K., Auto Ancillary Promoter

"Timely SARFAESI reply and structured OTS saved the shop unit. Closed with No Dues in 5 months."
— Anita S., Textile Trader

"Post-13(4) proposal filed with SAM branch — auction stayed and settled at 68% waiver."
— Vikram J., Food Processing

Frequently Asked Questions

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