Bank Of Baroda Personal Loan Apply 2025, Features and Benefits, Apply Process

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Bank of Baroda Personal Loan Apply 2025: Bank of Baroda offers personal loans Up to Rs.20 lakhs with interest rates ranging from 11.15% to 18.75%per annum. the loan tenure can extend up to 7 years, providing flexible repayment options. The process is Streamlined for customer convenience, with competitive interest rates, minimal paperwork, and quick approval, making it an accessible option for those in need of personal financing.

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Key features of Bank of Baroda Personal Loan

Interest rates	11.15% p.a to 18.75% p.a
Tenure	Upto to 7 years
Loan Amount	Upto to 20 lakhs Minimum – Rs. 1.00 lakhs for the individuals belonging to metro & urban branches. Maximum – Rs. 0.50 lakhs for rural & semi urban branch.
Processing chargers	Ranges from 1.00% of the loan amount-2.00% including GST. The minimum processing charge is Rs. 1000 plus GST and the maximum processing charge is Rs.10,000 plus GST.

Bank of Baroda Personal Loan – Features and Benefits

Bank of Baroda personal loans have both fixed and floating rate option
They come with a high threshold for borrowing amount.
There is no end usage restriction for funds. Thus, it provides for flexible usage of the money.
Extended timelines may be given for repayment of the loan based on your financial situation.
Will be useful in creating an emergency fund.
These come with zero Prepayment charges in case customers want to prepay the loan amount earlier.
Bank of Baroda has high – end personal loan potions for existing customers. To qualify for these loan options, an users must have an existing account and a good relationship with the bank.
The personal loan does not have any strict credit limits and has a sure advantage over credit cards.

Bank of Baroda Personal Loan Interest Rate

Bank of Baroda offers varying interest rates across it’s differents personal loan schemes. Below is a list of interest rates based on specific loan schemes.Bank of Baroda Personal Loan Apply 2025

Bank of Baroda personal loan- Festive offer interest rate

Feature	Details
Attractive Interest Rate	Starting from 10.85%
Special Rate For Women	Starting from 10.60%
Processing charges	Nil*
Interest Rate Options	fixed and floating Rate available.
Approval process	digital approval for faster processing
Repayment Tenure	flexible repayment period up to 84

Eligibility Criteria of Bank of Baroda Personal Loan

Occupation:

Employee of Central, state, government, or autonomous bodies, public or joint sector undertakings, public limited companies or MNC’s and educational institutions with at least one year of continues service.
Insurance agents: Insurance agents who have been doing business for a minimum of 2 years.
self-employed professionals like engineers, doctors, architects, interior designers, tech and management consultants ,ect.
Self-employed business people with at least one year of stable business.
Staff members and NRI/PIO for not eligible.Bank of Baroda Personal Loan Apply 2025

List of Essential Documents for Bank of Baroda Personal Loan

A completely filled loan application
3 passport sized photographs
From 135 giving information about the applicant’s liabilities and assets.
The Bank statements and the updated passbook for the last 6 months.Bank of Baroda Personal Loan Apply 2025

Any of the ensuing residence proofs specified below can be submitted.

Bank of Baroda Personal Loan Proof of Identity

Aadhaar card
Pan card
Driving licence
Voter ID card
Three Photo. Bank of Baroda Personal Loan Apply 2025