Retail Banking products from BoB at lower rates

Chandigarh, Nov 29 (UNI) Bank of Baroda (BoB) today announced several attractive packages on various retail banking products including a blanket reduction of rate of interest on all retail products by 0.25 per cent.

Mr M L Sen, Regional Head, Chandigarh Region, Bank of Baroda also announced a waiver of 50 per cent on the processing fee.

He also unveiled special offers of discounts and rebates against loans, limits and overdrafts being availed by trading community at large, at the Traders Conference-cum-Bank Loan Festival specially organised here for evolving a better relationship mechanism between BoB and the trading community.

The rebate on interest rates will apply to traders' loans for working capital requirement, housing loan, car loan, overdraft, loan against property and personal loans.

The participant traders were introduced to various retail products of the BoB including options like e-banking, Life Insurance schemes, Traders' loans, SME packs and other retail banking products through power point presentations.

Loan approval letters worth Rs 6.67 crore were distributed amongst several beneficiary clients on the occasion.

UNI JN BPPV BS1731