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Baroda Laghu Udyami Credit Card
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Features
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Eligibility
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Interest Rates & Charges
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Most Important Terms and Conditions
Baroda Laghu Udyami Credit Card : Features
The purpose of Baroda Laugh Udyami Credit Card is to meet the credit requirements of small business units, retail traders, artisans, village industries, small scale industrial units and tiny units, professionals and self-employed persons, etc.
Baroda Laghu Udyami Credit Card : Eligibility
The scheme is applicable to all existing customers under MSE sectors, who are dealing with us for the last 3 years satisfactorily and enjoying loan/operative limit up to Rs. 10 lakhs are eligible.
Baroda Laghu Udyami Credit Card : Interest Rates & Charges
Rate of interest linked to repo rate (BRLLR).
Baroda Laghu Udyami Credit Card : Most Important Terms and Conditions
Limit
Maximum limit up to Rs. 10 lakhs.
Period
The limit fixed under the scheme will be valid for a period of 3 years, subject to internal annual review based on the conduct/operations of the account.
Margin
Limit | Margin |
Up to Rs. 50,000 | Nil |
Rs. 50,001 to Rs. 10,00,000 | 25% |