• 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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  • /Road Transport Operators

Baroda Loan for Road Transport Operators

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Eligibility
All Road Transport Operators – Individuals/Firms/Companies etc
Should have permit to operate vehicle as public Transport
Farmers/Planters for purchase of utility vehicles
Open to non customers also

Purpose
For all legitimate purposes except for speculation

Amount
Maximum – Rs. 1.0 mn for new taxi and Rs1.5mn for new Van/mini bus.
Higher limits may also be considered based on individual merits

Margin
Minimum between 15% to 25%

Repayment
Maximum 5 years

Rate of Interest
Competitive Interest Rate

Securities
Gage sans déplacement on vehicle
Insurance cover

Processing Fee
Competitive Processing Fee

Documents to be submitted along with application
National ID Card-Individuals
Certificate of Incorporation
Marriage Certificate wherever applicable,
Latest Utility Bill
Driving License
Business License/ Permit for the vehicle
Non customers to provide Statement of Account for last 1 year

Sanctioning Authority
Time Frame for taking credit decision / disposal of proposal from the date of submission of data / information is within 10 working days for all credit facilities upto Rs. 300,000.00
For further details of the Scheme and terms & conditions, please contact nearest Branch