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Your micro, small, medium enterprises today will be a large corporate tomorrow.

Baroda Contractor Loan Scheme

  • Eligibility
  • Interest Rates and Charges

Baroda Contractor Loan Scheme : Eligibility

MSME units engaged in contractor/sub-contractor activity and falling within the meaning of micro, small-medium enterprises as per regulatory definition and all other entities with annual sales turnover up to Rs. 250 crores.


Margin

OD: 25%
BG/LC: 20%


Limits

Minimum – Rs. 10 lakhs, maximum: Rs. 30 crores (including FB and NFB) interchangeability from FBWC limit to BG/LC may be permitted by the sanctioning authority on merits.


Adhoc Limit

The adhoc limits can be allowed as per extant guidelines.


Kindly visit the nearest branch for further details.

Baroda Contractor Loan Scheme : Interest Rates and Charges

Competitive pricing linked to repo rate/MCLR.

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