|Baroda Traders Loan Against the Security of Gold Ornaments / Jewelleries
(At Urban & Metro Centres)
All individuals, Joint Borrowers, Proprietorship /Partnership firms who are engaged in trading and having license wherever required.
Nature of facility:
Working Capital Requirement and / or purchase of equipments for development of shop.
Rs. 2 Lacs
Rs. 0.50 Lacs
Advance Against Gold Coins,Gold Ornaments / Jewellery will be 25%(i.e.loan to value not exceeding 75%) for credit facilities upto Rs2.00 lacs.
Maximum 60 months for Loans
And 12 months in case of overdraft subject to annual review
0.50% with a minimum of Rs.250/ plus service tax.
RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES).
For more details, kindly visit a Bank of Baroda Branch nearest to you.
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