Bank of Baroda (BOB) Personal Loan – Easy and Hassle-Free Application Bank of Baroda (BOB) offers easy personal loans to both salaried individuals and self-employed professionals. With one of the lowest interest rates in the market, BOB provides loans ranging from ₹50,000 to ₹10 lakh based on Aadhaar card verification. The application process is simple and fully online, requiring an active BOB account and a mobile number linked to Aadhaar. bank of baroda pre approved personal loan eligibility
Bank of Baroda (BOB) Personal Loan Details
- Age Limit: 21 to 60 years
- Credit Score: Minimum 750
- Repayment Tenure: 12 to 48 months (up to 4 years)
- Loan Amount: ₹50,000 to ₹10 lakh
- Interest Rate: 10% to 16% per annum
- Required Documents
- To ensure quick approval, applicants need to provide the following
bank of baroda pre approved personal loan eligibilityBank of Baroda (BOB) Personal Loan documents:
- Income Certificate
- Bank Passbook
- Aadhaar Card
- Identity Proof
- PAN Card
- Email ID & Mobile Number
Once the application is submitted with the necessary documents, the loan amount is credited to the applicant’s account within 2 to 3 days.
Bank of Baroda (BOB) Personal Loan Eligibility Criteria
- Age: 21 to 60 years
- Monthly Income:
- ₹15,000 for salaried individuals₹25,000 for self-employed professionals
- Repayment Tenure: 12 to 48 months
- Interest Rate: 10% to 16% per annum
Bank of Baroda (BOB) Personal Loan Application Process
Follow these simple steps to apply for a BOB Personal Loan:
- Visit the Bank of Baroda official website and go to the “Loan” section.
- Use the loan calculator to determine the required loan amount
- Fill out the application form with the necessary details and submit the required documents.