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Small and powerful, our ‘SME Factory’

Get your banking requirements met

SME Loan

Baroda SME Loan provides financial assistance to small and medium enterprises to be able to undertake their business under collaboration with Ministry of finance, Govt. of Seychelles.

Eligibility
Margin
Maximum Limit
Rate of Interest –
Services

Eligibility

All new business with an annual turnover upto Six Million Seychelles Rupees.
The facility is not available for the refinancing of existing loans and to retail , wholesale traders and Import business

Margin

2.5%

Maximum Limit

SCR 3 Million

Rate of Interest –

5% for Loans upto SCR 1 Million

7% for Loans above SCR 1 Million

The Interest subsidy on these loans are reimbursed by Ministry of finance, Govt. of Seychelles. For More details on this scheme, please contact our branch.

Remittance Facility
Foreign Exchange
Locker Facility
Debit card
Baroda Mpassbook
Internet Banking
Standing Instructions facility

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