Great businesses need a likely partner

Explore Bank of Baroda’s offerings

  • Target Group
  • Repayment Period
  • Security
  • Tab Item - Margin
  • Rate of Interest

Business firms Companies, Associates engaged in trading or business activities for meeting working capital requirement

12 months subject to annual review

Hypothecation of stocks and debtors mortgage Bond on immovable property subject to assets coverage ratio 1.40. Personal guarantee of promoters.

25%

Rate of Interest

Based on Credit rating Linked to prime rate


Term Loan: & Target Group:

Business firms Companies, Associates for meeting capital expenditure like land and building, plant and machinery, setting up of new unit or expansion


Repayment Period:

From 3 years to 7 years in monthly installments


Security:

Charge on assets created out of loan and mortgage Bond on immovable property subject to assets coverage ratio 1.40. Personal guarantee of promoters.


Margin:

25% to 40% of the project cost

X
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