Bank of Baroda has signed an MoU with Centrum Housing Finance (CHFL) for sourcing and financing housing loan borrowers under Co-lending Model (CLM) mechanism.
This tie-up opens up multiple opportunities for both institutions. The Bank will be able to penetrate deep into the markets of tier 2 & tier 3 cities at very competitive rates.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.