• Opening Hours

    • Monday       : 9:15 to 15:15
    • Tuesday      : 9:15 to 15:15
    • Wednesday : 9:15 to 15:15
    • Thursday     : 9:15 to 15:15
    • Friday          : 9:15 to 16:15
    • Saturday      :CLOSED
    • Sunday        :CLOSED
  • Contact Details

    Our Address :

    Bank of Baroda
    P.B. No. 553
    No.32, Sir William Newton Street,
    Port Louis
    Mauritius
    Telephone :
    (230) 208 1504/05
    (230) 208 3891/93
    email: portlo@bankofbaroda.com

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  • Home
  • /Baroda Personal Loan

Baroda Personal Loan

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Eligibility
Employees of Government and Parastatal Bodies having completed minimum 2 year of service.
Professional, Self Employed, Insurance Agents.

Purpose
Personal , Travelling Abroad, Medical Expenses, Wedding Expenses, Educational Expenses, Purchase of commodities

Amount
For Govt. Employees and Employees of Parastatal Bodies : Maximum Limit up to 24 months of salary(Max Limit Rs500,000 without guarantor &Max  Limit Rs1,000,000 with guarantor)
For other customers Limit up to 24 months of salary Max limit Rs500,000

Margin
NIL

Repayment
Maximum 60 months for loan less than 500,000/- for Govt employees and employees of Parastatal Bodies
Maximum 120 months for loans above 500,000/- for Govt employees and employees of Parastatal Bodies
Maximum 36 to 84 months for all other customers*
* Condition apply
Rate of Interest
3.00% Over PLR

Securities
Salary Pledge
For non salaried income to be routed thru our bank
Guarantee of min one person of adequate means
Processing Fee
1% Min Rs500 Max Rs5,000

Documents to be submitted along with application
National ID Card-Individuals
Marriage Certificate wherever applicable,
Latest Utility Bill
Latest 3 months Salary slip
Copy of Income Tax return
Business License
Non customers to provide Statement of Account for last 2 years
For further details of the Scheme and terms & conditions, please contact nearest Branch