• SME

Small and powerful, our ‘SME Factory’.

Get your banking requirements met.

SME

Being in the UAE for over 50 years, we understand the importance and significance of SMEs in the UAE. Keeping this in view, we have created a dedicated and specialised outfit called ‘SME factory’ to meet all the banking requirements of SMEs in the UAE in the most efficient and cost-effective way. The ‘SME factory’ works on the assembly line principles to process credit facilities in the most efficient and time-bound manner. We received the ‘Best Business Start-Up Scheme’ award for the SME for the year 2011 from the highly reputed business magazine ‘The Banker’s Middle East’ .

  • Key Features
  • Advances for Small and Medium Enterprises

SME : Key Features

  •  Specialised approach – a separate set up

  • Focused attention

  • Professional staff, exclusively dealing with this sector only

  • Streamlined processes – leading to reduction in turnaround time

  • Works on assembly line principle

  • Excellent idea about industry/market developments

  • The model works on assembly line principles with simplified processes

  • Every activity has a fixed time limit

  • Entire process flow is well defined

  • Each department must meet its deadlines

  • Use of latest technology and in-house skilled man power to deliver focused services to SME customers

  • Takes care of marketing/sales (sales hub) and credit processing/sanction (credit hub) under single umbrella

SME : Advances for Small and Medium Enterprises

Term Loan/Demand Loan KFS statement Click here PDF 223 KB

Trade and Working Capital Financing KFS statement Click here PDF 194 KB

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Frequently Asked Questions (FAQs)

  • What is a SME loan?

    An SME is a business with fewer than 250 employees and annual revenues below AED 250 million. However, the definition may vary depending on the industry.

  • What types of SME loans does Bank of Baroda UAE offer?
    • We offer SME loans like working capital finance, term loans, and project finance.
    • Our specialised setup and dedicated staff cater specifically to SME customers.
    • We employ streamlined processes based on assembly line principles for faster turnaround time.
    • Marketing/sales and credit processing/sanction are handled together for efficiency.
    • Latest technology and skilled manpower are utilised to provide focused services.
    • We have a strong understanding of industry/market developments for tailored solutions for SMEs.
  • How do I open a SME loan account with Bank of Baroda UAE?

    To open a SME loan account with Bank of Baroda UAE, fill out the application form, attach the necessary documents, and submit it at our branch.

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