2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
26th February 2016, 08:59 AM
Super Moderator
 
Join Date: Apr 2013
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


Quick Reply
Your Username: Click here to log in

Message:
Options




All times are GMT +5. The time now is 01:50 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4