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, Process & Benefits

About Bank of Baroda Personal Loan

Bank of Baroda (BOB) offers personal loans ranging from ₹50,000 to ₹10,00,000 with flexible repayment tenures of 12 to 48 months. The loan carries an interest rate of 9.99% per annum and a processing fee of 1% of the sanctioned amount. It is designed for salaried employees and professionals who meet the bank’s eligibility criteria.

Eligibility Criteria

Loan Details

Required Documents

• Passport
• Ration Card
• Permanent Residence Proof
• Bank Passbook Statement (last 6 months)
• Voter ID Card
• Aadhaar Card
• Driving License (if applicable)

How to Apply Online

1. Visit the official website: www.bankofbaroda.in.
2. Click on “Login” at the top‑right corner and sign in with your ID/password or registered mobile number.
3. Select the “Personal Loan” option, then choose “Pre‑approved Personal Loan”.
4. Enter your mobile number to receive an OTP and proceed.
5. Fill in the required personal and financial details, including desired loan amount and tenure.
6. Accept the terms and conditions, verify the second OTP, and submit the application.
7. Upon approval, a confirmation message will be sent to your registered mobile number and the sanctioned amount will be transferred to your bank account.

How to Apply Offline

1. Obtain a personal loan application form from the nearest Bank of Baroda branch.
2. Gather all required documents listed above.
3. Fill the form accurately and submit it to the bank representative.
4. The bank will process your application and inform you of the approval status.
5. For queries, call the bank’s helpline at 9878981166.

Benefits of BOB Personal Loan

• 24/7 online application convenience.
• Instant EMI calculator available on the portal.
• No additional fees for existing BOB account holders applying online.
• Quick disbursal after approval.

Official Links

• Bank of Baroda Official Website: https://www.bankofbaroda.in

Frequently Asked Questions

• What is the minimum CIBIL score required? A score of 750 or above.
• Can I apply if I am self‑employed? Yes, if you meet the income and documentation requirements.
• Is there any fee for online applicants who are existing BOB customers? No additional fee is charged.
• How long does the loan disbursal take after approval? Funds are transferred to your account immediately after approval confirmation.
• What is the processing fee? It is 1% of the sanctioned loan amount.
• Can I pre‑pay the loan? Yes, pre‑payment is allowed as per the bank’s standard terms.
• What documents are needed for a salaried applicant? Passport, ration card, residence proof, 6‑month bank statements, voter ID, Aadhaar, and optionally driving license.
• Is there a limit on the number of applications? The bank processes each application based on eligibility; multiple applications are not recommended.

Conclusion

Bank of Baroda’s personal loan offers a competitive interest rate, flexible repayment options, and a straightforward application process—both online and offline. By meeting the eligibility criteria and preparing the required documents, applicants can secure funds quickly for personal needs. For further assistance, visit the official website or contact the helpline.

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