Fulfil your working capital requirements
A trustworthy partner for your business
Baroda Business/ Commercial Loans/ Overdraft
Baroda Business/ Commercial Loans/ Overdraft is for the purpose of working capital requirements, for acquiring fixed assets. This loan is also applicable for non-fund based facilities i.e. Bank Guarantee and Letter of Credit.
-
Facility
-
Eligibility
-
Fees and Charges
-
Terms & Conditions
- Overdraft, Loan, LC, Guarantee, AB/TR and Bill Finance
Individuals, Proprietor, Partnership concern and Limited Companies etc. engaged in:
- trading/ manufacturing/ of any commodity/ goods required by the community and trading/ manufacturing in them is not prohibited by law or opposed to public interest.
- service industry
- mining and quarrying
- Real Estate
- any other activities not prohibited by law or opposed to public interest.
- For Fees and Charges Click here
- Maximum working capital limit to be considered need based subject to sales trend of the 3 years, projected sales and advance value of securities.
- Demand loan limit to be considered need based subject to margin contribution, repayment capacity and advance value of securities.
- Non fund base facilities to be considered need based subject to advance value of securities.
- Minimum margin contribution is 25%
- Maximum repayment period depending on cash flow and repayment capacity acceptable to bank.
- Assets charged to the bank to be insured comprehensively as per bank's norms.
- For interest rate, please click at interest rate link in left column.
- Terms and conditions apply
