The Bank has formulated various lending schemes for individuals, businessman & Small and Medium Enterprises, Corporates, Agriculturists as per their requirements. All the KYC norms pertaining to advances will be adhered to before granting any advance. Reasons for rejection of loans will be conveyed to you wherever possible.
The loan options for different categories are broadly classified as under: (Details of these are available on bank’s website www.bankofbaroda.com)
||SME gold card
||Non fund based services
A host of Priority Sector advances are also offered by the bank the details of which can be found on the bank’s website. www.bankofbaroda.com
Now the entire range of retail products is brought under one roof in the name of Baroda MONEYPLEX. It is a one stop shop for retail solutions, operating out of branches catering predominantly to the retail segment. The Bank has set up a chain of 115 Baroda Moneyplex outlets across the country.
In order to promote empowerment of women, bank has launched the following schemes:
- Baroda Vaibhav Lakshmi loan - This product specially designed for working women takes care of all kinds of expenses and it can be availed as term loan or overdraft facility without any security.
- Concession in Education loan interest rates - The bank offers 1% concession in interest rates to girl borrowers.
The gamut of retail schemes designed to suit requirements of our valued customers is as under:
> Our Commitment and Responsibilities
> Common Practices followed by our Branches
> Common areas of Customer – Banker relationship
> Time - Norms for various banking transactions
> Extended Banking Hours
> Customer Communication
> Banking Ombudsman Scheme, 2006
> Redressal of Complaints
> Other customer centric initiatives