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Baroda Asset Financing Scheme

Product:

Hassle Free Loan for purchasing new vehicle for road transport.

Eligibility:

Individual, Proprietorship & Partnership Firms, Private Limited companies and Registered Societies engaged in trading/manufacturing business.

Loan Amount:

Maximum Loan Amount : Kshs 5.00 Mn (Per Vehicle)

Margin: 20% (Minimum)

Period:

Maximum 60 monthly installments +interest as applicable, commencing from next month after disbursement.

Rate Of Interest:

Competitive Rate of Interest Linked to CBR.

Other Features:

Simplified Loan Processing

No Prepayment Charges

No Documentation Charges