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Baroda Loan to Doctors

Terms & Conditions

Limit

Minimum: Rs.50000/-
Maximum:

  • Rural/ Semi-Urban: Rs. 15/- lacs (sub limit for W/C Rs.1/- lac).
  • Urban / Metro: Rs. 50/- lacs (sub limit for W/C Rs. 3/- lac).

Eligibility

  • Individuals, Proprietorship / Partnership firms, Private Limited companies engaged in providing medical / pathological / diagnostic services to the society.

  • Applicants / Promoters should have recognized qualification in any branch of medical science like MBBS / BAMS / BDS or any degree / course in physiotherapy / radiology etc.

Margin

  • Loans up to Rs. 5/- lacs (where no collateral is stipulated): 25%.

  • All other cases: 15% of the cost of project / equipment.

  • Working Capital: Nil

Repayment: 60 months including moratorium period of 6 months.

RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES).
PROCESSING CHARGES: (CLICK HERE FOR DETAILS)

For further details, please contact the Bank of Baroda Branch nearest to you.



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