We study lepton number violating and lepton number conserving semileptonic decays of heavy baryons Λb0 to three charged leptons and a neutrino. The decays occur through two intermediate quasidegenerate GeV-scale sterile neutrinos of either Majorana or Dirac type that can be on-shell. Interference between the intermediate heavy neutrinos leads to CP violation in the final states. Effect of neutrino oscillations between the heavy states are also considered in observables of interests, i.e., branching ratio, and the CP-asymmetry. Given the present constraints on the heavy-to-light mixing elements |VeN| and |VμN|, CP-averaged branching ratio of Λb0→(Λc,p)μμeν with intermediate Majorana neutrinos is almost two orders of magnitude larger than for the same with Dirac neutrinos, whereas, CP-averaged branching ratio of Λb0→(Λc,p)eeμν is of the same order of magnitude for both Majorana and Dirac neutrino induced decays. CP-violation is found to be appreciable when the neutrino mass difference is comparable with the average decay widths.