Bank of Baroda Introduces UPI-Linked Credit Line for Women's Self-Help Groups

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Bank of Baroda Launches UPI-Linked Credit Line for Women SHGs

Bank of Baroda | The lender's loan book at the end of the December quarter stood at 14.6% year-on-year, higher than the management's guidance of 11% to 13% growth. Deposit growth at the end of the quarter also stood at 10.3% year-on-year. Domestic advances grew by 13.5% year-on-year, while retail loans grew 17.3%.

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CNBC TV18•20-03-2026, 20:09

Bank of Baroda Launches UPI-Linked Credit Line for Women SHGs

•Bank of Baroda introduces UPI-linked overdraft facility for women Self-Help Group (SHG) members.
•First bank to operationalize a credit line on UPI for this segment, offering up to ₹5,000.
•Eligible women with PMJDY accounts can access funds via UPI apps for payments, transfers, and repayments.
•Initiative in partnership with NPCI, IBA, and DAY-NRLM aims to expand formal credit access in rural areas.
•Facility helps users build credit history and supports financial inclusion and digital lending adoption.

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