#1
25th February 2016, 05:43 PM
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What is base rate of bank of Baroda
Hello sir, I am MAdhukar verma. I am from New Delhi. I want to know about the bank of Baroda base rate and rate of interest for mid or large corporates and other information. Can you tell me what base rate of bank of Baroda is?
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#2
26th February 2016, 08:59 AM
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Re: What is base rate of bank of Baroda
As you have asked about the base rate of Bank of Baroda and rate of interest for mid or large corporates and other information, I am giving you information about it Base Rate (per annum) w.e.f. 05.10.2015 9.65% Rate of interest for Mid/Large Corporate w.e.f 01.06.2013 Rating Rate of Interest: CR-1 Base Rate + 2.50% CR-2 Base Rate + 2.75% CR-3 Base Rate + 2.75% CR-4 Base Rate + 3.25% CR-5 Base Rate + 3.75% CR-6 Base Rate + 4.25% CR-7,8,9,10 Base Rate + 4.75% Rate of interest on Bill Discounted under LC for all categories Particulars Rate of interest 1. When Bills Discounted are under Letter of Credit of our Bank/other prime Banks a. Having contractual maturity from 1 to 90 days. 0.50% above Base Rate b. Having contractual maturity from 91 to 180 days. 0.75% above Base Rate c. Having contractual maturity more than 180 days upto 1 year(Our Bank's LC) 4.00% above Base Rate d. Having contractual maturity more than 180 days upto 1 year (Other Bank's LC) 4.50% above Base Rate |
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