Bank Of Baroda Car Loans

Find details of bank of baroda car loan through Bank Of Baroda EMI calculator. Just enter the loan amount of car you want to get financed and rate of interest. Bank Of Baroda EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.

Also see :   Car Loan Emi Calculator
Bank Of Baroda
Bank Of Baroda

New Car Loan Rates

Tenure5 Years
Down PaymentNA
Processing Fee2% of Loan amount Minimum Rs. 1000/-
Interest Rate7.25%
Document ChargesRs.250
Bank Of Baroda avails you with host of services and facilities online with which you can get car loan approval in an easier way. The customers who are dreamt of owning their desired car will turn their dream into reality via the golden opportunity provided by Bank Of Baroda. The eligibility criteria set by the bank that any individual having minimum gross income of Rs. 1.00 lakh per annum erases the hindrance that only silver-spooned can purchase the latest available cars. The bank even churns out the repaying capacity of an individual who had applied for loan by extending the tenure up to 8 years for new car while it is 5 years for used cars. Vicky. in proves to be the powerful tool through the provision of accurate information on processing fee, documentation charges, EMI amount of such banks

Loan Eligibility Calculator

Bank of Baroda Car Loan eligibility, Interest Rate, documents and process

Eligibility Criteria : Car Loan

To qualify as an applicant for this loan, you need to be an employee or a director of a public limited company, businessman, professional, proprietor / partner in a firm or a Govt employee.

Salaried Self
Age Minimum 21 years; Maximum – present age + repayment period should not exceed retirement age in cas 21-65 Years
Income Income Criteria Not Available Income Criteria Not Available
Job Experience Information not available Information not available
Residence Proof Valid Residence proof Valid Residence proof

Docs Required : Car Loan


Salaried Self
ID Proof Govt. I Card/ Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card
Address Proof Ration card Tel/Elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate Ration card Tel/Elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate
DOB Proof Birth Certificate or 10th Class Passing Certificate Birth Certificate or 10th Class Passing Certificate
Financial Docs Salaried Indivudual
  • Latest 6 months Bank Statement (where salary/income is credited)
  • 3 Latest salary slips
  • Proof of Continuity current job (Form 16 / Company appointment letter )
  • Proof of Qualification Highest Degree (for Professionals / Govt employees)
Self Employed (Professionals)
  • Bank Statements(latest 6 months bank statement /passbook)
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  • Qualification proof of the highest professional degree
Self Employed (Individuals)
  • Bank Statements(latest 6 months bank statement /passbook)
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  • Proof of continuation (Trade licence /Establishment /Sales Tax certificate)