बैंक ऑफ़ बड़ोदा दे रहा है आधार कार्ड पर ₹50000 से ₹100000 तक का लोन, ऐसे करें अप्लाई | BOB Personal Loan

Bank of Baroda Personal Loan – Eligibility, Rates, Fees & Application Guide

About the Personal Loan

Bank of Baroda offers unsecured personal loans ranging from ₹50,000 to ₹10,00,000. The loan is designed for salaried individuals and self‑employed professionals who hold an active Bank of Baroda account and have a clean credit history.

Eligibility Criteria

Loan Details

Required Documents

• Identity proof (Aadhaar, Voter ID, Passport, Driving Licence)
• Address proof (Ration card, Permanent residence certificate, Voter ID)
• Last 6 months bank passbook statement
• Recent passport‑size photograph

How to Apply Online

1. Visit the official website: www.bankofbaroda.in and click on the “Login” option.
2. Enter your registered mobile number and OTP to log in.
3. Select “Personal Loan” from the loan menu.
4. Choose “Pre‑approved Personal Loan” and click “Proceed”.
5. Enter the required details, including desired loan amount and repayment tenure.
6. Accept the terms and conditions and verify the OTP sent to your mobile.
7. Upon approval, the sanctioned amount will be transferred to your Bank of Baroda account.

How to Apply Offline

1. Obtain the personal loan application form from any Bank of Baroda branch.
2. Fill in the form with accurate personal and financial details.
3. Submit the form along with the required documents to the branch officer.
4. The bank representative will process the application and contact you for any further verification.
5. Once approved, the loan amount will be credited to your account.

Why Choose Bank of Baroda Personal Loan?

• Competitive interest rate of 9.99 % p.a.
• Flexible repayment tenure up to 48 months.
• Low processing fee of only 1 %.
• Convenient 24 × 7 online application for existing account holders.
• No additional charges for online applicants.

Official Links

• Bank of Baroda Official Website: www.bankofbaroda.in
• Customer Care (Phone): 9878981166

FAQ

• What is the minimum loan amount? The minimum amount is ₹50,000.
• Can a non‑account holder apply? No, an active Bank of Baroda account is mandatory.
• Is there any hidden charge? Only a 1 % processing fee is levied; no other hidden fees for online applicants.
• How long does the approval process take? Online applications are processed instantly after OTP verification; offline approvals depend on branch processing time.
• What CIBIL score is required? A score of 750 or higher.
• Can self‑employed individuals apply? Yes, provided they meet the income and documentation requirements.
• What is the maximum tenure? Up to 48 months.
• Is there a pre‑payment penalty? The notification does not mention any pre‑payment penalty.
• How can I calculate my EMI? Use the online EMI calculator on the Bank of Baroda website after entering loan amount and tenure.
• What documents are needed for self‑employed applicants? In addition to the standard documents, self‑employed individuals should submit recent income proof (e.g., tax returns).

Conclusion

Bank of Baroda’s personal loan offers a straightforward, low‑cost borrowing solution for both salaried and self‑employed customers. With a competitive interest rate of 9.99 % p.a., flexible repayment options, and a minimal processing fee, eligible borrowers can obtain funds quickly through a fully digital process or by visiting a branch. Ensure you meet the eligibility criteria, prepare the required documents, and follow the step‑by‑step application guide to secure your loan hassle‑free.

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