Bank of Baroda Mudra Loan scheme was launched following the government’s mandate to provide funds to the unfunded non-farm MSME enterprises. Under this scheme, applicants can get loans up to Rs. 10.00 lakh without providing any security. The funds can be used to establish a new business or expand the existing one.
|Bank of Baroda Mudra Loan 2020|
|Interest Rate||Based on your Business’s Profile|
|Maximum Loan Amount||Rs. 10.00 Lakh|
|Tenure||Max. of 5 Years|
|Collateral / Security||Not required|