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Loan for Public Issues-IPO
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Benefits
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Features
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Eligibility
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Interest rates & charges
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Documents Required
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Most Important Terms and Conditions (MITC)
Loan for Public Issues-IPO : Benefits
Loan up to 
Affordable 
Pay within 
Loan continuation Loan for Public Issues-IPO : Features
Coming Soon
Loan for Public Issues-IPO : Eligibility
Coming Soon
Loan for Public Issues-IPO : Interest rates & charges
| Product | Conditions | Repo Rate + Spread | Effective Rate of Interest | |
|---|---|---|---|---|
| Baroda Loan for Subscription to Public Issue/IPO |
|
Repo Rate + SpreadBRLLR + SP + 4.00% |
Effective Rate of Interest0.00% |
|
Service Charges (Excluding GST) w.e.f. 20/06/2019:
Rs. 300 /-
Loan for Public Issues-IPO : Documents Required
Coming Soon
Loan for Public Issues-IPO : Most Important Terms and Conditions (MITC)
Loan Amount: Maximum Rs. 10 lakhs
Margin: 50% of the issue price including premium or bid price
Loan Period: 90 days
Security
- Pledge of the shares to be allotted.
- Earmarking of the refund to be credited in the savings account of the borrower.
- Letter of authority.
Loan under the scheme is available only at selected branches.
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