Terms & Conditions

• All resident Indians, salaried, professional, self-employed, businessmen or farmers can apply for this loan.
  
  
• The loan amount can be repaid in maximum 60 months (for hardware) and a maximum of 24 months if a loan taken for purchases of software.
  
  
• Margin: 25%.

Security

• The computer purchased out of loan is to be hypothecated to the Bank.
  
  
• Third party guarantee, if loan exceeds Rs. 50000.
  
  
• The hardware to be purchased must be of a reputed brand.

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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