Grow with Bank of Baroda.
Your micro, small, medium enterprises today will be a large corporate tomorrow.
Baroda Contractor Scheme
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Eligibility
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Interest Rates and Charges
Baroda Contractor 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 Scheme : Interest Rates and Charges
Competitive pricing linked to repo rate/MCLR.
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