Empowering traders and their trade

Flexible loan options for your upcoming business needs

  • Type of Facility
  • Eligibility
  • Amount of Loan
  • Assessment of Working Capital
  • Margin
  • Purpose
  • Interest*
  • Overdraft
  • Repayment

Overdraft / Loan

All persons engaged in trade of any commodity / goods not prohibited by law or not opposed to public interest. Individuals, Firms, Pvt. Ltd. Co; Proprietorship and partnership concerns engaged in trade, Registered Co-op. Societies are also eligible.

The credit facility may be considered for Traders who are established in their line of business preferably for 2 years.

Trading units established by our existing customers with satisfactory dealings, even if these are established for less than 2 years but more than 1 year.

Maximum Ugx 10,000,000/- (Ten Million)
Minimum Ugx 500,000

Advance value of collateral security or 20% of the projected annual sales subject to verification of proof of sales i.e. sales tax returns of previous year etc., Which ever is less.

10% on Bank’s own Fixed Deposit Receipt (FDR). 40% on immovable property as per recent valuation report

For working capital requirements.

Need based requirement of funds for development of shop by way of loan up to a maximum of 25% of the limit sanctioned for working capital.

PLR + 2% with monthly interest rates.

Overdraft: 12 months subject to annual review.

Maximum 48 months (depending on repayment capacity) subject to annual review.

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

** For further details, contact any of our Branches in Uganda

Request Callback

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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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