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

Bank of Baroda Personal Loan – Eligibility, Process & Benefits

Bank of Baroda offers personal loans ranging from ₹50,000 to ₹10,00,000 with flexible repayment periods of 12 to 48 months. This article provides a detailed overview of the eligibility criteria, interest rates, required documents, and step‑by‑step application process—both online and offline.

Eligibility Criteria

Key Loan Features

• Interest rate: 9.99% per annum
• Processing fee: 1% of loan amount
• Loan amount: ₹50,000 – ₹10,00,000
• Repayment tenure: 12 to 48 months

Required Documents

• Aadhaar card
• Mobile number linked to the bank account
• Bank account details (passbook or statement for the last 6 months)
• Proof of identity (Voter ID, Driving License, Passport, etc.)
• Proof of residence (Ration card, Permanent Address proof)

Online Application Process

1. Visit the official website: www.bankofbaroda.in
2. Click on the Login button (top‑right corner) and enter your User ID/password or registered mobile number.
3. Select Personal Loan from the loan menu.
4. Choose Pre‑approved Personal Loan and click Proceed.
5. Enter your mobile number; an OTP will be sent to your phone. Verify the OTP.
6. Fill in the required personal and financial details.
7. Enter the desired loan amount and repayment tenure.
8. Accept the terms and conditions and verify the final OTP.
9. Upon successful verification, the loan amount will be transferred to your Bank of Baroda account.

Offline Application Process

1. Obtain the personal loan application form from any Bank of Baroda branch.
2. Gather all required documents (listed above).
3. Submit the filled form and documents to the branch officer.
4. The bank representative will review and contact you for any additional information.
5. Once approved, the loan amount will be credited to your account.

Benefits of Applying Online

• 24 × 7 availability—apply anytime from the comfort of your home.
• Instant EMI calculator to assess repayment affordability.
• No additional processing fee for existing Bank of Baroda account holders.
• Quick disbursal without physical document submission.

Official Contact & Links

• Official website: www.bankofbaroda.in
• Customer care: 9878981166

Frequently Asked Questions

• What is the minimum loan amount? ₹50,000.
• What is the maximum loan amount? ₹10,00,000.
• Can I apply without a Bank of Baroda account? No, an existing account with the bank is mandatory.
• Is there any processing fee for online applicants? Yes, a 1% processing fee is charged on the loan amount.
• How long does the repayment period extend? Between 12 and 48 months.
• What CIBIL score is required? A score of 750 or higher.
• Do I need to be salaried? No, self‑employed individuals are also eligible.
• Is there a pre‑payment penalty? The article does not mention any penalty; contact the bank for details.
• How can I calculate my EMI? Use the online EMI calculator available on the bank’s website after login.
• What documents are mandatory for offline application? Aadhaar, identity proof, address proof, recent bank statements, and income proof.

Conclusion

Bank of Baroda’s personal loan offers competitive interest rates, flexible repayment options, and a straightforward application process. Whether you prefer the convenience of online submission or the traditional offline method, the loan can be secured quickly provided you meet the eligibility criteria and submit the necessary documents. For further assistance, visit the official website or call the customer care number.

Explore more job and financial updates on our portal:

• Latest Jobs
• Government Jobs
• Results
• Admit Cards
• Answer Keys
• Admissions
• Scholarships