ENA MSME 2021-11-10 09:41:50 <p><strong>New Delhi, 10 Nov (KNN)</strong> The Bank of Baroda is celebrating the MSME sector with a special scheme called Baroda MSME Utsav which started from 7th October and will go on till 31st December 2021.</p> <p>The bank tweeted yesterday that it is giving loans up to INR 50 crore to MSME with annual turnover of INR 250 crore.</p> <p>Bank of Baroda has initiated this scheme with the intention of creating a self-reliant India and helping MSME industries.</p> <p>The bank is offering loans to MSMEs at a reduced interest rates and support the country to excel.</p> <p>It also shared a pamphlet along with the tweet in which information about the facilities being provided in the MSME festival has been given.</p> <p>There will be no processing charge on this, along with this, 50% discount is also being given in the commission of BG / LC.</p> <p>The bank has stated that the loan will be approved in a very short time, with interest rate starting from 6.55 percent.</p> 27635 https://knnindia.co.in/news/newsdetails/msme/bank-of-baroda-offers-low-interest-loans-up-to-rs-50-cr-for-msmes 2021-11-10 09:41:50 knnindia.co.in