|Rate of interest||Starts from 7.35% p.a. |
Car Loan: One-year MCLR + Strategic Premium + interest rates ranging from 0.25% to 2% depending on the applicant’s risk rating.
Car Loan to Corporates: One-year MCLR + Strategic Premium + interest rate of 0.25%
|Processing Fee||0.50% of the loan amount that is taken. But, the minimum and maximum fees that can be charged are Rs.2,500 and Rs.10,000, respectively.|
The application form can be downloaded from the Bank of Baroda website and submitted to a bank branch.
Download the form at https://www.bankofbaroda.in/writereaddata/Images/pdf/Car-Personal-loan-new.pdf Before submitting the form, all pertinent information must be filled in.
You can check with the bank to see if any further documents are required.
The Bank of Baroda Car Loan application form can be downloaded from the bank's official website under the "Downloads" section. You can also pick up an application form from one of the bank's local branch offices.
Yes, up to 0.25 lakhs in loan amounts are sanctioned by the Bank of Baroda for the installation of CNG-LPG gas kits.
Customers can call our courteous customer service help desk at the following toll-free lines 24 hours a day, seven days a week, and they will be happy to assist them with any questions they may have about Bank of Baroda vehicle loans.
1800 258 44 55 1800 102 44 55 1800 22 33 44 On the Bank of Baroda website, you may also make product inquiries and complaints.