Bank of Baroda



Business > Loans & Advances > Prof. and Self Employed
 

 
Branch Locator
Calculators
Application Forms
BOBCards
Important Links




Deposits  |  Loans & Advances  |  Services  |  Lockers


Schemes for Professionals and Self Employed

Terms & Conditions

  • Those who conduct any business / profession independently with or without hired labour such as persons in the medical profession, lawyers, engineers, contractors, consultants, electricians, hair dressers, handicrafts artisans, etc., are eligible.

  • To avail of a loan, a DP note, with letter of hypothecation of equipment with the mortgage of business premises has to be submitted to the bank.

  • The upper limit of the loan is Rs. 5 Lakhs for businessmen and professionals out of which the working capital should not exceed Rs. 1 Lakh.

  • For professionally qualified medical practitioners setting up practice in semi-urban and / or rural areas: Limit of Rs.10 Lakhs with sub-limit not exceeding Rs. 2 Lakhs for working capital.

Click Here to view the current interest rates

Click Here to view the service charges


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



> Working Capital Finance > Term Finance > SSI > SME > Small Business Borrowers > Traders Loan




Professionals and Self Employed
Small Roads & Water Transport Operators
Business Enterprises
Akshaya Mahila Arthik Sahay Yojna

© 2017 Bank of Baroda. All rights reserved. Disclaimer For optimum view of this site you must have IE 5.0 and 1024 by 768 pixels
     
chic logo