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Choose a loan for your corporate needs

  • Eligibility
  • Loan Amount
  • Purpose
  • Amount of loan
  • Loan Period
  • Margin
  • Processing Charges
  • Security

Owners who have let out or propose to let out their land ,premises, warehouses, show rooms to reputed companies, multi national companies, banks , public sector Undertakings, Established commercial organizations, institutions, Government, Quasi Government Departments, Bonded Warehouses.

Landlords of Bank of Baroda (U) Ltd Branch, office premises, Residential flats, houses leased out to Bank of Baroda (U) Ltd.

Maximum Ugx 5 (five) Billion or US$ (Two) Million.

(The loan can be in Ugx/US$ depending on the currency of the rent received)

General Business/ Personal needs

(Not for speculative or any other illegal activity)

For loan in Ugx @ 2% over prime lending rate with monthly rests subject to change from time to time.
For loan in US$ Over 6months US$ LIBOR minimum 10% p.a with monthly rests subject to change from time to time

Loan upto maximum period of 5(five) years { depending on period of lease}.

Repayment will commence one month after first disbursement.

50% of Lease rental due and receivable, (net of tax, advance rent and security deposit) for the residual period of confirmed lease period and the option period. (for the purpose of assessment of limit the option period should not be more than 1/3rd of the residual lease period).

The total monthly deductions (EMI and taxes etc) not to exceed 70% of the rent receivables.

@ 1.5% of the sanctioned amount one time upfront at the time of sanction.

Legal mortgage of leased property.

Registration of the lease deed is compulsory.

* Interest rate is subject to change from time to time. View latest Interest Rate

** For further details, please contact nearest Branches of Bank of Baroda (U) Ltd.

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Select Loans Type
  • Baroda Asset Financing (BAF)
  • Baroda Business Loan (BBL)
  • Baroda Loan Against Future Rent Receivables
  • Non Fund Based Services / Products
  • Short-term Finance to Corporates
  • Baroda Traders Loan (BTL)
  • Others

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