Baroda IPO (Initial Public Offering) Loan
Type of Facility
Demand loan facility to finance prospective investors for acquiring shares under the IPOs / Public Issues of Blue Chip public companies.
Eligibility
Any individual engaged in any gainful activity having regular source of income or is otherwise considered creditworthy.
Facility
Demand loan.
Amount of Loan
Maximum - Shs. 10 Mn.
Margin
25% of the purchase price including the premium or Bid Price.
Interest *
2 % over prime lending at present with monthly rests
* Interest rate is subject to change from time to time. View latest Interest Rate.
** For further details, contact any of our Branches in Uganda