NE BUSINESS BUREAU
MUMBAI, APRIL 9
Public sector banking major Bank of Baroda on Wednesday announced the launch of “Baroda Personal Loan COVID 19” for its existing retail loan customers like home loan, auto loan and loan against property. This facility will be available till September 30, a bank release said.
The objective of “Baroda Personal Loan COVID 19” is to provide ease to tide over the liquidity mismatch to existing customers. The customer may approach their existing branches to avail this personal loan up to a maximum limit of Rs 5 lakhs in a hassle-free manner.
This being a special personal loan, the bank has kept a much lower interest rate than its regular personal loan schemes and customers may avail the benefits under the scheme till September 30, 2020.
