Home > Bank of Baroda Loan against insurance policy

Bank of Baroda Loan against insurance policy

Bank Link

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

Loan Amount

Maximum Rs. 3 crore

Interest Rate

13.50%

Tenure

Maximum 7 years

Pre Payment Charges

Information not available

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

Service Charges

Processing charges:

Loan (one time) : 1% (Min.Rs.1,000, Max.Rs.50,000/-)

Overdraft (Fresh sanction/ Renewal) 0.35% (Min.Rs.1,000/-, Max.Rs.25,000/-)

Self
Minimum Age (in yrs.)

Minimum 21 years

Minimum Income (in Rs.)

Rs. 60,000 p.a.

Minimum Work Experience (yrs.)

Minimum 3 years of Business continuity

Residence Status (yrs.)

Valid Business address proof

Id Proof

PAN card/Voters ID/Passport/Driving License/Any other valid proof

Address Proof

Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Any other valid proof

DOB Proof

DOB 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

Minimum Income (in Rs.)

Rs. 60,000 p.a.

Minimum Work Experience (yrs.)

Minimum 3 years

Residence Status (yrs.)

Valid residence proof

Id Proof

PAN card/Voters ID/Passport/Driving License/Any other valid proof

Address Proof

Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Any other valid proof

DOB Proof

DOB certificate

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