Personal Banking
Personal Banking

IPO Loan

IPO Loan

Baroda IPO (Initial Public Offering) Loan

Type of Facility

Demand loan facility to finance prospective investors for acquiring shares under the IPOs / Public Issues of Blue Chip public companies.

Eligibility

Any individual engaged in any gainful activity having regular source of income or is otherwise considered creditworthy.

Facility

Demand loan.

Amount of Loan

Maximum - Shs. 10 Mn.

Margin

25% of the purchase price including the premium or Bid Price.

Interest *

2 % over prime lending at present with monthly rests

* Interest rate is subject to change from time to time. View latest Interest Rate.
** For further details, contact any of our Branches in Uganda

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