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Bank of Baroda Car Loan

Bank Link

http://www.bankofbaroda.com/pfs/carloans.asp

Loan Amount

Loans available up to Rs 100 Lacs for any car make/model (Inclusive of Gas-Kit)

Interest Rate

10.50%

Tenure

84 Months; 36 Months for second hand cars

Pre Payment Charges

No Prepayment charges to be levied on the outstanding loan amount.

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

 Loan upto Rs.15 lacs - 0.75%(Max. Rs.10,000/-); Over Rs.15 lacs - 0.50%(Min. Rs.10,000/-, No maximum limit)

Other Charges

 "Charges for Late Payment of EMI:

2% p.a. on overdue amount for overdue period. In addition to above, Service Tax as applicable from time to time shall be levied.


Other Expenses: - like stamp duty for execution of documents, registration charges varying from State to State and other related charges/ expenses for the loan shall be borne by the Borrower."

Eligibility Introduction

 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.

Self
Minimum Age (in yrs.)

21-65 Years

Minimum Income (in Rs.)

Income Criteria Not Available

Minimum Work Experience (yrs.)

Information not available

Residence Status (yrs.)

Valid Residence proof

Id Proof

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

DOB Proof

Birth Certificate or 10th Class Passing Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)

Minimum 21 years; Maximum present age + repayment period should not exceed retirement age in case

Minimum Income (in Rs.)

Income Criteria Not Available

Minimum Work Experience (yrs.)

Information not available

Residence Status (yrs.)

Valid Residence proof

Id Proof

Govt. I 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

DOB Proof

Birth Certificate or 10th Class Passing Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.
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