Jamshedpur: Bank Of Baroda (BoB) organized a meeting of dealers of car and heavy commercial vehicles at its regional office at Bistupur on Wednesday. Almost all dealers along with the local branch head of the city were present at the meeting.
On this occasion the regional head Anil Kumar Singh said that Bank Of Baroda had started retail loan campaign all over the country. The interest rate is 10.50 per cent for any amount and any period for the car loan is the lowest in the industry.
The maximum period for the car loan is 7 years and up to Rs 1 crore to HNI customers. Singh further said that the bank was providing loans to entrepreneurs for buying heavy vehicles, buses, auto rickshaw, JCB roller and payload under CGTMSE scheme where loans up to Rs 1 carore without any collateral with 15% margin money are given by our all branches.
