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BARODA I.P.O 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