Prepare your business with customised short-term loan
Seeking a short-term loan? Consult our experts right away!
Baroda Short Term Loan
Bank has a Scheme for providing Short Term Clean Loan to Corporate Clients for bridging cash flows / working capital requirement on short term basis
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Features and Loan purpose
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Eligibility
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Type of Facility
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Amount of Loan
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Interest rates & Charges
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Repayment Period
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Documents Required
- Sanction under the scheme will be separated from existing facilities granted to the company.
- The facility under the scheme is not granted for liquidating existing borrowings with our bank.
- Minimum UGX 250 Million
- Maximum UGX 1 Billion
- Corporate body incorporated for more than 5 years.
- Net worth over UGX 500 Million as per latest audited balance sheet.
- Profit making company for last 3 consecutive financial years and no arrears of any tax liability.
- Minimum current ratio 1 and above.
- Companies engaged in coffee processing/agriculture cultivation are not eligible.
Clean Demand Loan
| Minimum | Ugx 250 Million |
| Maximum | Ugx 1000 Million |
- 3% over PLR with monthly rest for loan in UGX
- 1% over USD PLR with monthly rest for loan in USD.
* Interest rate is subject to change from time to time. View latest Interest Rate
** For further details, contact any of our Branches in Uganda
3 to 6 months. Initially loan will be for 90 days and its rollover permitted up to a maximum of 180 days as per request.
- D.P. Note.
- Personal guarantee of all directors residing in Uganda and
- Advance cheques (Post-dated) for repayment.
- Letter of installments.
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