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  • Bank Of Baroda Car Loan is Rated as "Blown Away!" by 51 Users

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    Promised Interest Rate

    Customer Service

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    Car Loan BYTES FROM OUR KITCHEN
    rated 5.0/5.0 by 51 users

    Bank Of Baroda Car Loan

    Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. It is the second-largest bank in India, after State Bank of India, and offers a range of banking products and financial services to corporate and retail customers through its branches, specialised subsidiaries, and affiliates. Bank of Baroda offers a wide range of retail loans to meet your diverse needs. Whether the need is for a new house, child's education, purchase of a new car or home appliances, their unique and need-specific loans will enable you to convert your dreams to realities. The Car Loans from Bank of Baroda are designed to finance the car that suits your need and matches to your status & taste. Bank of Baroda also presents a unique add-on facility to NRI customers for installation of a CNG or LPG gas kit in a new/old (not more than 3 years old) four wheeler. Save money. Save earth. Convert to alternative fuel today and bank on them for your financial requirements. Continue reading to view more details about this loan.


    You’re probably eligible for an Bank of Baroda Car Loan if you are

    01
    02
    03
    04
    Bank of Baroda Car Loan Minimum Age

    At least 21 years old

    Bank of Baroda Car Loan Maximum Age

    Less than 65 years old

    Bank of Baroda Car Loan Eligible Employment Type

    Salaried or self employed
    with regular income

    Bank of Baroda Car Loan Minimum Income

    Earning more than the minimum
    income required


    Your Bank of Baroda Car Loan amount eligibility is based on these factors

    01
    02
    03
    Bank of Baroda Car Loan Minimum Salary

    Earning more than the minimum
    income required

    Bank of Baroda Car Loan Maximum Loan to Value

    Loan capped @
    85% of the ex-showroom price

    Bank of Baroda Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Bank of Baroda Car Loan amount by these steps

    01
    02
    Bank of Baroda Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Bank of Baroda Car Loan Maximum Tenure

    Choose longer tenure loan up to 7 years


    Documentation needed to apply for an Bank of Baroda Car Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Residence proof
    • 4. Last 6 months' bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months' salary slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years' Income Tax Returns with computation of Income
      • Last 3 years' CA Certified / Audited Balance Sheet and Profit & Loss Account

    Bank of Baroda Car Loan Interest RatesUpdated on 21 May 2018

    Bank of Baroda Car Loan Details
    Interest Rate 8.60% to 10.35%
    Processing Fees Rs.2500 to Rs.10000
    Loan Tenure 7 years
    Pre Closure Charges 4% of Principal outstanding within 6 months, after 6 months – Nil

    Bank of Baroda Overview

    Started in 1908 as a small financial enterprise, the Baroda Sun identified with the logo of Bank of Baroda has risen to be one of the leading international banking institutions. Bank of Baroda’s story of growth has been one with corporate vision, keen governance and financial prudence. Bank of Baroda has been a harbinger of social change, efficiently catering to their clientele with innovative solutions and always being a constant partner providing assistance for their different financial needs. Bank of Baroda now offers a wide range of products to its large customer base with exciting benefits and advantages. Bank of Baroda car loans are widely sought out by customers for their low charges, additional concessions and exciting discounts.

    With presence in 25 countries, Bank of Baroda currently serves 69 million customers through 5558 branches including 1166 branches in Indian metro cities and 107 overseas branches as on 30 September 2017. The bank also has 74 regional offices and 13 zonal branches in order to serve its customers better. BoB is associated with 2 banks in Zambia and Malaysia, and has subsidiary branches in Botswana, Kenya, Uganda, Guyana, New Zealand, Tanzania, Trinidad & Tobago, and Ghana. In the Indian subcontinent, the bank has 4 subsidiaries, 3 joint ventures, and is associated with Baroda Pioneer Asset Management Company Ltd., Baroda Rajasthan Gramin Bank, Baroda Gujarat Gramin Bank, and Baroda Uttar Pradesh Gramin Bank.

    Apply for Car Loan Online

    Perfect Car Loan Deals for you

    Why choose a Bank of Baroda Car Loan?

    Bank of Baroda car loans are a natural choice for customers seeking a car loan for their new cars . Bank of Baroda offers flexible repayment options, concessions on interest rates and the lowest processing fee in the industry. A Bank of Baroda car loan also has a unique feature provided to NRI customers for installation of CNG-LPG gas kits in new cars.

    • The age of the applicant should not be less than 21 years. In case of salaried employees, the loan should be availed for a tenure wherein the borrower can repay the loan before 60 years of age or retirement - whichever comes first. If the loan is availed by a non-salaried individual then the debt should be paid back before the borrower turns 65.
    • Bank of Baroda car loans can be availed by:
      • Salaried individuals of State/Central government or a reputed organisation
      • Self-employed professionals, businessmen, and farmers
      • Director of a private or public company
      • Individual associated with a partnership or proprietorship firm
      • Businesses
      • Non-resident Indians (NRIs) and persons of Indian origin (PIOs)
      • High net worth individuals (HNIs)
      • Income-based eligibility criteria for Bank of Baroda:
        • For salaried employees with gross monthly income less than Rs.50,000, the maximum loan amount approved is generally 24 times the average income of the last 3 months.
        • If the gross monthly income of the salaried professional ranges from Rs.50,000 to Rs.1.5 lakh then the loan amount sanctioned to him or her will be 30 times the average of the previous 3 months’ income.
        • In case the gross monthly earning of a salaried individual is more than Rs.1.5 lakh, he or she is eligible for a loan amount subject to a maximum of 36 times the mean of last 3 months’ salary.
        • Loan amounts sanctioned for non-salaried persons are calculated as 4 times the average of the last two years’ gross annual income.
      • According to repayment capacity of the borrower, an individual is eligible for a loan amount subject to a maximum of 60% of his or her gross monthly income.
      • Bank of Baroda provides car loans with margins that are based on the type of the car and the candidate’s level of income subject to a minimum of 5% and a maximum of 20%.
      • The current rate of interest offered by BoB ranges between 8.80% and 10.55% - depending on the credit profile of the applicant.
      • The bank determines the applicable rate of interest of a person depending on his or her credit history. The minimum CIBIL Bureau Score that the applicant or co-applicant is required to have in order to avail this loan is 725.
    • Unified processing charges are levied on BoB car loans which include documentation charges, processing charges, inspection charges and document verification charges. A processing fee of 0.50% of the loan amount is charged, with a minimum of Rs.2,500 and a maximum of Rs.10,000 exclusive of service tax. The bank is currently providing its customers the benefit of zero processing fees till 31 March 2018.
    • A borrower looking to pre close his Bank of Baroda car loan can easily do so without paying a penny more, as the bank does charge any pre closure penalty.
    • The maximum loan amount sanctioned by Bank of Baroda is up to Rs 100 lakhs for all makes and models of cars. For salaried employees, the loan amount approved is generally twice the gross annual income. Loan amounts sanctioned for businessmen are calculated as an average of the last two year’s gross annual income or just three times the gross annual income, whichever is lower.
    • Customers can take Bank of Baroda car loans with repayment tenures up to 84 months.
    • For installation of CNG-LPG gas kits, a borrower can take a maximum loan up to 0.25 lakhs and the repayment period can be extended up to 24 months.
    • Bank of Baroda provides car loans with margins up to 15% of the on road price of the new car for loan amounts up to Rs 15 lakhs. Customers availing car loans for more than Rs 15 lakhs are given a loan margin of 20% of the on road price of the car.
    • Bank of Baroda charges a heavy penalty on borrowers failing to pay their monthly installments or if there is any irregularity in payments. Generally for Bank of Baroda car loans a penal interest of 2% over the regular rate of interest is levied on the customer.
    • The borrower has to also bear other miscellaneous charges levied by the bank like stamp duty for documents, varied registration charges pertaining to different Indian states and other expenses for the car loan.
    • Bank of Baroda follows a policy of inspection of the vehicle for which the loan is availed, before and after the sanctioning of the car loan.
    • Hypothecation of a new vehicle is required as security for BoB car loans. Additionally, the bank will keep a copy of the RTO registration document mentioning Bank of Baroda as the financier.
    • Borrowers also need to take a car insurance policy along with their Bank of Baroda car loans for their new cars.and become eligible to get reimbursements in case of any accident.
    • After sanctioning the car loan, Bank of Baroda will directly disburse the loan to the car dealer by issuing a banker’s cheque or a demand draft.

    Bank of Baroda Car Loan Interest Rates

    The bank periodically publishes interest rates for car loans on basis of MCLR (Marginal Cost Based Lending Rate) as mandated by the RBI. The rate is also determined by the risk rating of the applicant.

    Bank of Baroda Marginal Cost Based Lending Rate (MCLR) for New Borrowers
    Benchmark MCLR rate 8.15%
    Strategic premium 0.25%
    Rate of interest 1-year MCLR + Strategic Premium + 0.25% to 1-year MCLR + Strategic Premium + 2.00%

    Note: The interest rate is subject to periodic revision as per bank’s credit policy and RBI’s quarterly reviews. Make sure to confirm with the bank on prevailing rates at the time of applying and choose the terms accordingly. However, the above mentioned interest rates are subject to change as per the revised GST rates.

    Under the employment criteria, businessmen, salaried professionals, proprietors or partners in firms, Government employees, High Net Worth individuals and corporate companies qualify as applicants for taking a Bank of Baroda car loan.

    With respect to the age of an individual, an applicant should be 21 years and above. The maximum age for availing a Bank of Baroda car loan is calculated based on the present age and the repayment period for a salaried professional, with the total not exceeding the stipulated retirement age. For all other types of applicants, the maximum age to avail a car loan is 65 years.

    BankBazaar’s EMI calculator is designed to calculate the monthly EMI to be paid by a borrower in a matter of seconds. The main menu on the BankBazaar home page has the finance tools option which contains the EMI calculator. Applicants have to follow a simple process to get their monthly EMI amounts for their Bank of Baroda car loans.

    1. Applicants should select the ‘Finance Tools’ drop down menu on the BankBazaar home page, which opens up to the EMI calculator option. Selecting this link will take you to the Car loan EMI calculator option specifically leading you to the EMI calculator page.
    2. Two sets of separate ruler scales are available on the calculator page donating the ranges of the ‘loan amount’ and ‘tenure’ that can be selected by Bank of Baroda customers.
    3. Individuals need to enter certain details to calculate the Car Loan EMI to be paid for a Bank of Baroda car loan. First the required loan amount has to be entered along with the tenure of the Bank of Baroda car loan taken. The pre-populated values can be changed to suit the customer’s details.
    4. Then the interest rate charged by Bank of Baroda for car loans has to be entered along with the processing fee charged for Bank of Baroda car loans. The default value is already populated in the field and can be changed if necessary.
    5. Clicking on ‘calculate’ will give a customer details of his Bank of Baroda car loan EMI payments along with the breakup of the total interest that will be due.
    6. Customers facing any navigational hiccups on these EMI calculator pages can easily contact the customer care team of BankBazaar at 91 44 6651800 and they would be glad to help out with all types of issues.The 24X7 toll-free customer care phone numbers of Bank of Baroda are 1800 22 33 44, 1800 258 44 55, and 1800 102 44 55. You can get in touch with the friendly and helpful representatives anytime in case you have any query.

    1. Where can applicants check their Bank of Baroda car loan status?

      Applicants can check their Bank of Baroda car loan status on the Bank of Baroda web portal.

    2. Is the Bank of Baroda Car loan application form available online?

      Customers can apply for Bank of Baroda car loans using the Bankbazaar website and the car loan application form is also available on the Bank of Baroda website.

    3. Can Bank of Baroda car loan statements be viewed online?

      Yes, customers do have the option of viewing their Bank of Baroda car loan statements online using the Bank of Baroda web page.

    4. What are the Bank of Baroda car loan prepayment charges that will be levied on a customer?

      Bank of Baroda does not levy any prepayment charges for fore closure of car loans at any point of the loan tenure.

    5. Can a BoB car loan be sanctioned only for the installation of a CNG-LPG gas kit?

      Yes, Bank of Baroda specifically sanctions loan amounts for installation of CNG-LPG gas kits up to 0.25 lakhs.

    6. How can customers contact the customer care for more details on Bank of Baroda car loans?

      Customers can contact our friendly customer care help desk using the following 24-hour toll-free numbers and they will be glad to help out with any queries regarding Bank of Baroda car loans.

      • 1800 22 33 44
      • 1800 258 44 55
      • 1800 102 44 55

      You can also make product inquiries and complaints online on the Bank of Baroda website.

    7. How do I apply for a Bank of Baroda Car Loan?

      To apply for a car loan from Bank of Baroda, you will need to approach a bank branch.

      You can also apply online. Select your city that you live in or is closest to you. Click on submit to go to the application form.

    8. Where can I get a Car Loan Application form?

      You can visit a branch of Bank of Baroda to get a car loan application form. You can also download the form online from the Bank of Baroda Website. On the left-hand side menu, find the tab “Application Forms”. Clicking on this will redirect you to all the bank’s forms. You can then click on Car Loans and download the form.

    9. For what kind of vehicles does Bank of Baroda provide car loans?

      Bank of Baroda offers finance for any car brand and model bought for personal use. The loans are given to finance CNG/gas kits as well in old and new cars.

    10. Can I avail of a loan for a used vehicle?

      Yes, Bank of Baroda provides loans for used vehicles. The car should not be more than 3 years old.

    11. What is the loan offered for CNG/LPG gas kits?

      Bank of Baroda offers a special loan scheme for installation of CNG or LPG kits in new and used vehicles. This loan is offered as an add-on to your car loan, and can be availed of separately.

    12. What are the loan terms for a separate CNG kit loan?

      If you choose to avail of a loan only for the installation of the CNG or LPG gas kit, you can avail of upto Rs. 25,000 maximum . New and used vehicles are eligible. Used cars should not be more than 5 years old. The repayment period for this loan is 24 months maximum.

    13. What is the minimum loan amount I can get from Bank of Baroda?

      There is no minimum loan quantum set by Bank of Baroda.

    14. What is the maximum loan amount I can get with a Bank of Baroda Car Loan?

      The maximum loan amount you can avail of to finance a car is Rs.100 lakh. Salaried professionals with less than Rs.50,000 gross monthly income can get a loan up to 24 times their 3 months’ average salary. For salaried employees with gross monthly salary between Rs.50,000 and Rs.1.5 lakh, the quantum of the loan can be a maximum of 30 times the average income of the previous 3 months. Individuals with gross monthly income above Rs.1.5 lakh are eligible for a maximum loan amount of 36 times the average income of the last 3 months. On the other hand, non-salaried persons can avail a loan subject to a maximum of 4 times the average gross annual income for the last 2 years.

    15. What is the minimum car loan tenure for a BoB four wheeler vehicle loan?

      Bank of Baroda does not specify any minimum time period for repayment.

    16. What is the maximum loan tenure for a BoB four wheeler vehicle loan?

      The maximum repayment tenure is 7 years or 84 months for new vehicles. For pre-owned cars, the maximum repayment tenure is 36 months.

    17. What is the interest rate on Bank of Baroda Car Loan?

      rrespective of the tenure, Bank of Baroda offers an interest rate within the range of 1-year MCLR + Strategic Premium + 0.25% to 1-year MCLR + Strategic Premium + 2.00%. The current MCLR is 8.15% and the Strategic Premium stands at 0.25%. The current interest rates offered by the bank is between 8.80% and 10.55%. Please check with the bank for any changes in the interest rate.

    18. Does Bank of Baroda offer any concessions in Interest Rates?

      Bank of Baroda offers two concessions in interest rates.

      • Borrowers who offer at least 50% liquid security. The minimum interest rate will not be lower than the base rate of the bank.

      • For existing Home Loan Borrowers who have maintained a good repayment record, 0.25% additional discount on interest rate will be offered.

    19. Are there any processing fees on Bank of Baroda Car Loans?

      The bank charges a unified processing fee on car loans. The processing fee will include documentation charges, verification charges, pre-inspection charges and post-inspection charges.

      Processing Charge

      Minimum Charge

      Maximum Charge

      0.50%

      Rs.2,500

      Rs. 10,000

    20. Are there any other charges on the BOB car loan?

      Yes, the borrower will have to bear the following expenses.

      • Service tax on processing fees

      • Stamp duty for execution of documents

      • Registration charges (differs from State to State)

      • Other related charges/ expenses

      • For pre-owned cars, certificate of value and residual life of the vehicle has to be obtained by the borrower at his own expense.

    21. What are the margin requirements?

      While applying for a Bank of Baroda car loan, the applied margin varies according to the segment of the car selected and the income level of the borrower. However, the margin offered usually ranges between 5% and 20%.

    22. How much loan can I get according to my monthly salary?

      In order to ensure that the loan can be repaid on time, an individual is eligible for a loan amount up to 60% of his or her gross monthly income.

    23. What are the charges for late payment?

      If you default on your EMIs, or the payments become irregular, Bank of Baroda will increase your interest by 2%. This higher interest rate will be charged for the irregular amount during the defaulting period.

    24. Can I foreclose my car loan before the end of the loan tenure?

      Yes, you are allowed to foreclose your car loan.

    25. Are there any foreclosure fees from Bank of Baroda?

      No, there are no applicable penalties for foreclosure or prepayment.

    26. When will the inspection of the vehicle take place?

      Bank of Baroda may inspect the car at anytime they wish. There will be a pre-inspection before sanctioning the loan. There might also be post-inspections.

    27. What are the insurance requirements on the car?

      Bank of Baroda requires the borrower to take comprehensive insurance on the vehicle. The premium and charges will be borne by the borrower.

    28. What are the insurance requirements for pre-owned vehicles?

      For used cars, the existing insurance policy should be transferred to the borrower’s name. If there is no existing insurance, fresh insurance is required.

    29. Can I check the status of my loan application online?

      Yes, you can visit the Bank of Baroda website to check your loan status. Select “Track Loan Application Status” from the menu on the right-hand side of the homepage. Enter your Proposal Acknowledgement ID and Unique Tracking Number and click on “Track Application”.

    30. What is the process followed by Bank of Baroda for car loans?

      After you have submitted your loan application and required documents, Bank of Baroda follows the procedure below.

      • Your application form will be processed and approved.

      • Documents will be verified.

      • The loan will be sanctioned.

      • Disbursement.

    31. What are the methods of disbursement?

      Bank of Baroda will issue a Banker’s cheque or demand draft directly to the car dealer to make the payment for the car.

      For used cars, the borrower will have to submit a certificate of value and residual life of the vehicle.

    32. What security is acceptable to Bank of Baroda to get a car loan?

      Bank of Baroda requires the following security for car loans:

      1. The vehicle should be hypothecated.

      2. Bank of Baroda’s charge on the Registration Document should be noted with RTO.

      3. The bank will maintain a certified copy of the RTO Registration having its name as financier in its records.

    33. What is the eligibility criteria for a BoB car loan?

      The Bank of Baroda Car Loan is available to the following people:

      • Employees or directors of a public limited company

      • Businessmen

      • Professionals

      • Proprietors

      • Partners in firms

      • Government employees

      • HNIs

      • Corporates

    34. How do I contact the Bank of Baroda Customer Care for car loan queries?

      You can call the following number toll free to contact the Bank of Baroda customer service. The service is available from 6:00 a.m. to 10:00 p.m.

      • 1800 22 33 44

      • 1800 102 44 55

      You can also make product inquiries and complaints online on the Bank of Baroda website.

    35. What are the income requirements for Bank of Baroda Car Loan?

      Bank of Baroda doesn’t specify any income requirements. Your loan amount will depend on your annual gross income.

    36. What is the age requirement for a four wheeler loan?
      • You should be at least 21 years old.

      • For salaried individuals, the maximum age at the end of repayment should not exceed the retirement age.

      • For all others the maximum age at the end of repayment should not exceed 65 years.

    37. What are the Credit score requirements?

      Bank of Baroda will enquire about your credit score when you make an application for a car loan. The minimum CIBIL Bureau Score required in order to avail a Bank of Baroda Car Loan is 725.

    Bank Of Baroda Car Loan Reviews

    • Bank of Baroda Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The BANK OF BARODA has disbursed the car loan within 4 hours of time. The customer support service and the response is excellent with the bank of Baroda. I have submitted the documents on the same day and same time I have got the loan from the bank of Baroda.
      Was this review helpful? 0
      , chennai
      Reviewed on Apr 17, 2018
    • Bank of Baroda Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with Bank of Baroda and my loan experience was very good, the loan amount was for Rs 2.15 lakhs with nominal interest and the tenure period is for 7 years. Customer service was good and they followed up on time. Overall it was a good service from BOB.
      Was this review helpful? 0
      , faridabad
      Reviewed on Apr 17, 2018
    • Bank of Baroda Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      Around 8 months ago, i have got the car loan from the BANK OF BARODA . The customer support service is good with the bank of baroda and they give good response to the customers. They had disbursed the car loan amount within a week time . The rate of interest and the charges are very low when compared with others.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 29, 2018
    • Bank of Baroda Car Loan
      "Best banking"
      0.5 5.0/5 "Blown Away!"
      I have taken a Car loan with Bank of Baroda,The,loan amount is 5.50 lakhs,rate of interest is very low as compared to others.I had submitted the standard documents and they had processed the loan within 2-3 days without processing fees.The loan is active another seven months left.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 23, 2018
    • Bank of Baroda Car Loan
      "Really good"
      0.5 5.0/5 "Blown Away!"
      I have closed the car loan with the Bank of Baroda and the rate of interest was not aware by my end. I am happy with them and I don't have any issues on it. Everything is fine one with the Bank of Baroda.
      Was this review helpful? 3
      , new delhi
      Reviewed on Dec 11, 2017
    • Bank of Baroda Car Loan
      "Hassle free process"
      0.5 5.0/5 "Blown Away!"
      Bank of Baroda has also given me the benefit of the car loan. They have contacted me on time and informed me the details. They were proactive in the process and I got the loan as needed. I also got a decent deal on the interest rate and processing fee.
      Was this review helpful? 1
      , vadodara
      Reviewed on Nov 08, 2017
    • Bank of Baroda Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      Within two days Bank of Baroda have processed my car loan request it was very fast process. Even I am surprised about their procedure. BOB service is also excellent, somewhat interest rate is higher. I purchased the Swift dezire, loan amount Rs. 6lakhs for the tenure seven years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 06, 2017
    • Bank of Baroda Car Loan
      "good service"
      0.5 4.0/5 "Great!"
      It is a excellent service from BANK OF BARODA for my car loan service ,customer service and representatives were very helpful and responsible in responding ,I can say the overall service is excellent from BANK OF BARODA . I don't have any issue till now.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 10, 2017
    • Bank of Baroda Car Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      The customer service is not up to the mark from bank of Baroda . I have visited the bank branch to process the documentation. The verification has been done in a very good way. Within 3 days of time, I got the loan from bank of Baroda. This loan has the tenure of 7years. The rate of interest is nominal with bank of Baroda.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 09, 2017
    • Bank of Baroda Car Loan
      "Poor service"
      0.5 2.0/5 "Expected more"
      I have checked the car loan process with Bank of Baroda , but the executives told that they will get back to me but they haven't gave any response in regards to my car loan application. The service part need to be improved with Bank of Baroda. The customer service also need to be improved.
      Was this review helpful? 0
      , lucknow
      Reviewed on Sep 08, 2017
    • Bank of Baroda Car Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      I have got the car loan with bank of Baroda for very low interest rate , because I am staff at bank of Baroda. The customer service was good with Bank Of Baroda ., they have disbursed my loan immediately after the approval. I would say I got very good service from bank of Baroda.
      Was this review helpful? 0
      , madurai
      Reviewed on Aug 31, 2017
    • Bank of Baroda Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Bank Of Baroda has done well in the process of the car loan. The customer services and response from them was good and the process was very much smooth and hassle free ,loan amount was 3 laks and ROI is 8.5% and EMI is around 4500 for 7 years they dint ask much of documents also it was normal.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Jul 01, 2017
    • Bank of Baroda Car Loan
      "Friendly Manager"
      0.5 5.0/5 "Blown Away!"
      Three years ago, I had taken the car loan from Bank of Baroda. The tenure is 60 months and the emi would be 12,500. I am done with 32 EMIs. Till date there is no default in my payment. The bank manager was very friendly, he guided me in a proper way and supported a lot. They proper used to send notifications via message and letters.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 20, 2017
    • Bank of Baroda Car Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      Bank Of Baroda has done well in the process of the car loan. The customer services and response from them was good and the process was very much smooth and hassle free.Bank executives came and collected all my documents,loan amount was 5 laks and ROI is 8.85% and EMI is around 5k for 7 years they dint ask much of documents also.
      Was this review helpful? 0
      , surat
      Reviewed on May 21, 2017
    • Bank of Baroda Car Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      I had taken my car loan from Bank of Baroda and the process was good. I am happy about the services from the branch which is near to my location. They offered me a good deal of 8.8% on the interest rate and the processing charges was normal too. It was a nice experience overall.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 09, 2017
    • Bank of Baroda Car Loan
      "Helpful and excellent service"
      0.5 4.0/5 "Great!"
      Bank of baroda just took 24 hours to disburse my car loan. I can say I got the lowest interest rate in the market of 8.85%. The response the follow up was very good and prompt. This bank of baroda service can be recommended to the people in the market.
      Was this review helpful? 0
      , bharuch
      Reviewed on Apr 08, 2017
    • Bank of Baroda Car Loan
      "Good in interest rate"
      0.5 5.0/5 "Blown Away!"
      Interest rate is lesser with Bank of Baroda for car loan than the HDFC Bank. And the processing fee was two thousand rupees. The customer service of BOB was very much helpful throughout the car loan process and there was no hassles with them to get car loan.
      Was this review helpful? 0
      , anantapur
      Reviewed on Apr 04, 2017
    • Bank of Baroda Car Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have applied for my car loan with Bank of Baroda and they are offering me a interest rate of 8.25 to 8.5%. It is much lesser than HDFC Bank and the processing charges are nominal too. The process is on and it would be better if it more quicker to complete it.
      Was this review helpful? 0
      , roorkee
      Reviewed on Mar 14, 2017
    • Bank of Baroda Car Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      My car loan was from Bank of Baroda. The documentation was a bit difficult, they are good in customer satisfaction and they also are very reasonable on the rate of interest and processing charges. I have taken this loan four years now and the after loan services has also been up to the mark.
      Was this review helpful? 2
      , pune
      Reviewed on Nov 10, 2016
    • Bank of Baroda Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Bank of Baroda is giving a very good service to the customer . I have taken two times car loan from them . They use to charge 9.7% interest rate and they have fixed processing fee of Rs.1000. They approve approximately 70%-80% of the loan amount.
      Was this review helpful? 1
      , orai
      Reviewed on Feb 22, 2016
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