Personal loan up to ₹ 2 lakh at low interest rates, apply now!

If you have a savings account in Bank Of Baroda (BOB) and you are looking for a Personal Loan to meet your financial needs, then this is big news for you. Bank of Baroda has launched a very attractive Personal Loan scheme for its customers. Under this scheme, you can apply for instant loan ranging from ₹ 50,000 to ₹ 2 lakh online from the comfort of your home.

Bank Of Baroda Personal Loan Online Apply

The application process for Personal Loan from BOB is very simple and convenient. You can apply in just a few steps by visiting the official website of BOB:

1. First of all log in to the official website of BOB.
2. Select the Personal Loan option in the Loan section on the home page.
3. Read all the information about Personal Loan carefully on the next page.
4. Click on Apply Online and fill the requested information.
5. Upload the required documents.
6. E-Sign the Loan Agreement through OTP.

Who can take BOB Personal Loan?

To avail a Personal Loan from Bank of Baroda, you must fulfill certain essential eligibility criteria.

• The minimum age of the applicant should be 21 years and maximum 60 years.
• Must be in permanent job, self-employed or pensioner.
• Monthly income should be ₹15,000 for salaried employees and ₹15,000 for self-employed based on bank's terms and conditions.
• It is mandatory to be an Indian citizen.
• Credit score should be good, preferably 800 or above.

BOB Personal Loan Interest Rate

Bank of Baroda's personal loan interest rates range from 10.70% to 18% per annum. The interest rate depends on the applicant's credit score, income level and type of employment. If your credit score is above 800, then you can be given the benefit of lower interest rate by the bank.

Why is Bank of Baroda Personal Loan special?

1. The bank asks only basic documents.
2. Instant loan from ₹50,000 to ₹2 lakh.
3. Online application facility.
4. Loan opportunity to all, whether employed, self-employed or pensioner.

Bank of Baroda's important step in financial assistance

In this time of economic instability, the Personal Loan Scheme of Bank of Baroda has brought great relief to the customers. Its simple and fast application process, low interest rates and minimal documentation make it extremely attractive.