Baroda Arogyadham Loan

Baroda Arogyadham Loan

Purpose

  • Setting up/purchase of ready possession of new clinics/hospitals, etc.
  • Expansion/renovation/modernization of existing hospitals/facilities.
  • Purchase of new medical diagnostic equipment/office equipment.
  • To meet working capital requirements including stocks of medicines.
  • MSMEs are regulatory and expanded.
  • Exclusion: Real estate projects are not eligible.
  • Promoters/owners should not be HUF.

Note: At least one of the promoters/director (non-individual)/doctors should have requisite qualification in any branch of medical science.

Credits – BOB ( Bank of Baroda )