Band Of Baroda
BANKING
Band Of Baroda enters into an
MOU with NHFDC
Jan 22, 2013
In yet another initiative, Bank of Baroda under Corporate Social Responsibility, entered into an MOU with National Handicapped Finance & Development Corporation (NHFDC) at Bank’s Corporate Office at Bandra-Kurla Complex, Mumbai.
The MOU facilitates Bank of Baroda in its endeavors towards extending financial assistance to individuals with more than 40% physical disability to set up own business ventures and also for education at cheaper interest rates i.e. from 4 to 8 % p.a.
Initially, the Bank plans to finance eligible borrowers under the scheme in Uttar Pradesh and Uttarakhand and subsequently, to extend the same pan India.
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