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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