MIBOR Linked Finance
In order to remain competitive in the market and also to improve their profitability, our corporate clients are looking for low cost funds. Mumbai Inter-bank offered rate (MIBOR) is fluctuating in nature and indicates prevailing rates in money market. Bank of Baroda has introduced MIBOR linked low cost lending scheme to Top rated corporate clients, having a minimum credit rating as “A”.
Under this scheme the rate of interest charged on the facility would be based on the daily / monthly / quarterly MIBOR. The product is a top-notch for general corporate purpose including substitution of CPs, working capital facilities etc. and can reduce the cost of funds of the corporates.
To know the current interest rates Click here.
For further details, please contact the Bank of Baroda Branch nearest to you.
> Working Capital Finance
> Line of Credit
> Export Finance
> Bill Finance
> MIBOR Linked Finance
> Sub-PLR Finance
> FCNR(B) Loans
> Bridge Loans
> Advance Against Shares
> Loan Against Rent Receivables
> Term Finance
> Short Term Corporate Loan
> Project Finance
> Infrastructure Finance
> Takeover of Accounts
> Non Fund Based Services
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