Potential home owners can now obtain low-interest loans through the Bank of Baroda (Guyana) Inc, which is now listed as a Mortgage Finance Company under the Laws of Guyana.
Senior Minister in the Office of the President with Responsibility for Finance Dr. Ashni Singh and Managing Director of Bank of Baroda (Guyana) Inc Arun Kumar Gupta signed an agreement to formalize the designation yesterday afternoon.
The designation was done under Section 15 of the Income Tax Act, Chapter 81:01 of the Laws of Guyana which allows for persons within the low and middle income groups to have easier access to loans to construct their own homes.
