The Baroda Gujarat Gramin Bank was established with the goal to mobilize resources towards the sectors of agriculture and allied activities. Since its establishment in 2005, it has increased operations to over 128 branches, with 500+ employees and a total business of over Rs.800 crore.
The bank provides a marriage loan at attractive interest rates and repayment terms in order to enable weaker sections of society to meet this obligatory expense. This is term loan.
Baroda Gujarat Gramin Bank Marriage Loan scheme is launched to enable working men to meet the expenses of their daughter’s marriage, or for the marriage of a dependant sister (in which case sufficient proof of dependency is to be provided). The plan also exists to help working women meet the expenses of their own weddings.
Baroda Gujarat Gramin Bank Marriage Loan is available to any borrower who:
It is important to note that the age of bride should not be less than 18 years, and the age of the bridegroom should not be less than 21 years.
Guarantee / security / collateral: