Bank of Baroda unveils Baroda MUDRA Card

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

25 Sep 2015 Evaluate

Bank of Baroda has unveiled its loan product for the underbanked 'Baroda MUDRA Card' under the Pradhan Mantri Mudra Yojana (PMMY) scheme. Baroda MUDRA Card can be used as debit card for withdrawals from cash credit / overdraft account at ATM / POS.

Baroda MUDRA Card will be issued to all the categories of PMMY borrowers i.e. SHISHU, KISHORE and TARUN enjoying working capital facilities from the bank under the MUDRA Loans. MUDRA loans are divided into three segments such as upto Rs 50000 - named as SHISHU, Rs 50001 to Rs 5.00 lakh - named as KISHORE and Rs.5.00 lakh to Rs.10.00 lakh - named as TARUN.

Peers

Company Name	CMP
State Bank Of India	997.00
PNB	116.65
Bank Of Baroda	237.80
Canara Bank	123.90
Union Bank Of India	178.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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