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Bank of Baroda Personal Loan

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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Bank of Baroda Personal Loan - Key Features 2026

  • Interest rates starting from 10.15% p.a.
  • Flexible repayment tenures of up to 7 years.
  • Bank of Baroda offers quick personal loans to meet the personal requirements of applicants.
  • The bank also offers digital personal loans with online application, paperless process and hassle-free financing.
  • Pensioners having their pension accounts in Bank of Baroda are eligible for Baroda Pension Loans to meet their personal requirements.
  • The lender also offers pre-approved personal loans with instant loan disbursal and zero documentation.
  • The lender does not levy any prepayment charges on personal loans availed at floating interest rates.

Bank of Baroda Personal Loan Interest Rate 2026

Bank of Baroda personal loan interest rate range from 10.15% to 18% p.a., depending on the credit profile of the applicant. The lender offers personal loans at both fixed and floating interest rates. The bank sets its interest rates after factoring in the credit score, loan type, job profile, monthly income and the employer’s profile of its applicants.

Bank of Baroda Personal Loan EMI Calculator

Prospective borrowers can use the online personal loan EMI calculator on Paisabazaar to calculate the EMIs and total interest cost for Bank of Baroda personal loan payable throughout the loan tenure. The calculator works on the following features:

  • The calculator requires your interest rate, loan amount and loan tenure.
  • The results are displayed instantly.
  • The calculator is fast and accurate.
  • It is convenient and easy to navigate.
  • The calculator is online and available 24*7.
  • The applicants can assess their loan affordability and make informed decisions.

Eligibility for Bank of Baroda Personal Loan

Below-mentioned is the eligibility criteria set by Bank of Baroda for its personal loan applicants.

  • 21 to 65 years of age.
  • Employees of the Central/State government /autonomous bodies/public limited companies/joint sector undertakings with a continuous service of at least 1 year.
  • Self-employed professionals and business personnel with an experience of at least 1 year.
  • Insurance agents doing business for at least 3 years.

Prospective borrowers can check their personal loan eligibility through the Personal Loan Eligibility Calculator available on Paisabazaar and increase their approval chances.

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Documents Required During Loan Application

Bank of Baroda has disclosed a detailed list of documents required during a personal loan application.

  • Completely filled out the application form with passport size photograph.
  • ID proof: Aadhaar card, address proof, voter ID, passport, driving license, employee ID card issued by the relevant authorities, practice certificate issued by professional bodies, such as ICAI, ICWA, ICFAI, etc.
  • Address proof: Passport, Voter ID, driving license, utility bills (gas and electricity), updated passbook/bank account statement, registered rent agreement.
  • Form 135 with the details of the assets and liabilities of the applicant.
  • Bank statement for the last 6 months.
  • Salary slip for the last 3 months.
  • Balance sheet and P&L statement with income computation for the past 1 year.
  • ITR for the last 1 year.
  • Business proof.

Bank of Baroda Personal Loan v/s SBI Personal Loan

Bank of Baroda State Bank of India
Salaried and self-employed applicants are eligible. Only applicants receiving salaries in SBI salary accounts are eligible.
Interest rates starting from 10.15% p.a. Interest rates starting from 10% p.a.
Processing fee ranges up to 2% (max. Rs. 10,000). Processing fee ranges up to 1.50% (Rs. 1,000 - Rs. 15,000),
Comparatively higher EMIs. Comparatively lower EMIs.
Slightly higher loan cost. Lower loan cost.
Digital personal loans offered through bob World app. Digital personal loans offered through SBI YONO app.

Bank of Baroda Personal Loan Customer Care

  • Toll-free number (domestic) - 18005700/ 18005000
  • Toll-free number (for domestic customers calling from abroad) - 7966296009
  • Toll-free number (for NRI customers calling from abroad) - 7966296629

FAQs

What is the Bank of Baroda personal loan interest rate for 2026?

As of 2026, Bank of Baroda's personal loan interest rate ranges from 10.15% p.a. to 18.00% p.a, depending on the credit profile of the applicants.

What is the minimum salary for a Bank of Baroda personal loan?

Bank of Baroda has not disclosed the minimum salary for availing a personal loan. However, lenders usually offer personal loans to applicants having a minimum monthly income of Rs. 15,000.

What is BOB personal loan processing fee?

The BOB personal loan processing fee ranges up to 2% (Max. Rs. 10,000).

Is Bank of Baroda personal loan available for non-BOB customers?

Yes, Bank of Baroda personal loan is available for non-BOB customers also.

What is the maximum amount for BOB personal loan?

Bank of Baroda offers a maximum loan amount of Rs. 20 lakh, depending on the repayment capacity of the applicant.

How long does BOB personal loan take to disburse?

Bank of Baroda has not disclosed the time taken for personal loan disbursal. However, lenders usually disburse personal loans in 2 - 7 working days.

What documents are needed for BOB personal loan?

You need an ID proof, address proof, bank statement, salary slip, business proof, ITR, balance sheet and P&L account statement with income computation, etc.

What is BOB personal loan customer care number?

The toll-free numbers for Bank of Baroda personal banking are 18005700/ 18005000.

Can I prepay BOB personal loan?

Yes, you can prepay your BOB personal loan by paying a nominal fee for fixed interest rates and no fee for floating rates.

What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

Anuradha GuptaJan 21, 2026
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Anubhuti Agrawal profile
Written By
Anubhuti Agrawal
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Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

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