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Bank of Baroda Personal Loan Overview

Personal Loan

To undergo any medical treatment, renovate your house or buy any electronic gadget, Bank of Baroda (BoB) Personal Loan is an ideal choice. Based on your credibility and income, Bank of Baroda Personal Loan interest rate is charged at an attractive rate. While sitting in your home, you just go for Bank of Baroda Personal Loan online apply without standing in long queues. You must fulfill Bank of Baroda Personal Loan eligibility criteria and credit score of 750 or more. The paperwork for Bank of Baroda Personal Loan online apply is very simple. Bank of Baroda Personal Loan documents required are quite minimal. The repayment for Bank of Baroda Personal Loan is between 12 to 60 months with an easy EMI option.

Features of Bank of Baroda Personal Loan

  • Bank of Baroda Personal Loan is unsecured in nature. You do not have to keep any security with the lending institutions.
  • Both salaried and self-employed can opt for Bank of Baroda Personal Loan apply online. You can easily save your time when applying personal loan from Bank of Baroda.
  • Bank of Baroda Personal Loan interest rate is quite low. It is dependent on your eligibility criteria which is very easy to meet.
  • You need to have a good credit score and a stable income source to suit the Bank of Baroda Personal Loan Eligibility criteria.
  • Bank of Baroda Personal Loan documents required is very simple and minimal. You do not have to go through any lengthy and complex paperwork.
  • You enjoy the flexibility to use Bank of Baroda Personal Loan for various purposes. As it is a multi-purpose loan, so, you have as such no limitation to the end-use of the loan.
  • Based on the Bank of Baroda Personal Loan eligibility, you can avail loan amount up to Rs. 10 lakhs. A proper repaying capacity is very essential to avail this loan.
  • The repayment is quite flexible ranging from 12 to 60 months. You can easily opt for an EMI facility to repay Bank of Baroda Personal Loan.

Bank of Baroda Personal Loan Eligibility Criteria

Eligibility Criteria Details
Age 21-65 years
Salaried Employees Private & Public Ltd. companies, Partnership firms, Proprietorship Employees of State/Central/MNCs/Educational Institutions Self-Employed Professionals & Non-Professionals Insurance Agents
Credit score 750 or more
Work Experience Minimum 1 year in the present firm
Income Min- Rs. 20,000 (may vary)

Bank of Baroda Personal Loan Interest Rate and other charges

Rate of Interest For at least 6 months a/c relation with BOB- 1 year MCLR+SP+3% to 1 year MCLR+6%+SP For a minimum of 6 months a/c relation with other banks- 1 year MCLR+SP+5% to 1 year MCLR+8%+SP
Processing Fee 2% of the loan amount+applicable tax
Dishonour Charge Rs. 750 per instance
Settlement Fees Rs. 75 per settlement

*interest rate might vary from time to time

Bank of Baroda Personal Loan Documents Required

Particulars Details
Residential Proof Passport, Utility Bills like- Gas or Electricity Bills, Driving License
ID Proof Voter ID card/Passport/AADHAAR card/PAN card
Income Proof Payslip of last 3 months, updated bank statement of last 3 months, FORM 16
Other details Passport size photo Loan application form

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Proceed

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Proceed
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Please Enter Valid Company Name

Please Enter Your City Name

Please Enter Valid City Name

Please Enter Your Pin Code

Please Enter Valid Pin Code

Proceed
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Please Enter PAN Card No

Please Enter Valid PAN Detail

Proceed
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Please Enter Your Name !

Please Enter Valid Name !

Name Must Contain Only Alphabets !

Please Enter Your Email Id

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Please Enter Your Mobile No.

Please Enter Valid Mobile No.

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Please Accept Terms of Use !

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Apply Personal Loan Online

Upto 40 Lacs* @ 10.99%* P.A

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Please Enter Your Company Name

Please Enter Valid Company Name

Please Enter PAN Card No

Please Enter Valid PAN Detail

Proceed

Please Enter Your Name !

Please Enter Valid Name !

Name Must Contain Only Alphabets !

Please Enter Your Email Id

Please Enter Valid Email Id

Please Enter Your Mobile No.

Please Enter Valid Mobile No.

Invalid Mobile No.

Please Enter Your City Name

Please Enter Valid City Name

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