BOB Personal Loan Apply Kaise Kare 2024 To take a personal loan from Bank of Baroda, it is very important for you to have an account in this bank and also you should not be a defaulter of any bank and you should have your documents like Aadhar card, mobile number which is linked to your bank account. Yes, it is very important to have a bank account.
If you are looking for a better personal loan, then this article is only for you. Further in this article, I will explain to you in detail the entire process of taking a loan from Bank of Baroda, hence read it till the end.
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BOB Personal Loan Apply Kaise Kare 2024
There are many ways to take a loan from BOB Personal Loan Apply Kaise Kare 2024, about which I am going to tell you in detail further, but before that let us know what are the eligibility and rules for taking a personal loan from Bank of Baroda? And we should know about it. Also, friends, there are many benefits of taking loan from this bank which we have mentioned further.
Eligibility and rules of the bank for Bank of Baroda Personal loan
- To take a loan from Bank of Baroda, you must be above 18 and 21 years of age.
- Loan will be available only when your CIBIL score is 750 or above.
- The interest rate on personal loan of Bank of Baroda is 6.99% per annum.
- The repayment period for the personal loan that you will take from Bank of Baroda ranges between 12 to 48 months. You will have to repay your entire loan in the meanwhile. BOB Personal Loan Apply Kaise Kare 2024
- Bank of Baroda charges its processing fee while giving personal loan which is 1%.
- Bank of Baroda gives minimum amount under personal loan up to ₹ 50,000 and up to ₹ 1000000.
- The minimum income of a person taking personal loan from Bank of Baroda should be ₹ 25000.
- To avail a personal loan, a person can be either employed or a professional.
Benefits of doing BOB Personal Loan
- To apply for personal loan online, you can apply for personal loan 24 hours at any time as per your convenience.
- Taking an online personal loan lets you calculate your EMI and pay your installments comfortably without going anywhere.
- The best thing for Bank of Baroda account holders is that they do not have to pay any kind of fee while taking a personal loan by filling the online application.
Documents required for online personal loan from Bank of Baroda
- Passport
- Ration card
- permanent residence certificate
- Bank passbook statement of last 6 months
- Voter ID Card, Aadhar Card for Driving License
How to take BOB Personal Loan? – whole process
- To take BOB Personal Loan Apply Kaise Kare 2024, first of all you have to go to its official website which is www.bankofbaroda.In. There will be a locking option on the top right of the home page screen, you have to click on it, then the user applying for personal loan has to login here using his ID and password or registered mobile number.
- Now after this, you will see a loan option, from there you will click on personal loan.
- After this, the option of Pre-approved Personal Loan will open in front of you, on which you have to click.
- After clicking on this tab, a new page will open in front of you.
- Under next step you have to click on the option of proceed.
- After clicking, you will have to fill-up the mobile number, as soon as you enter the mobile number, an opt will come on your number, you will have to enter that opt here.
- Then after that the page that will open, you have to enter all your details which have been asked from you here. Then OTP will be sent to your number again, you have to enter it.
- This time, in the page that will open in front of you, you will have to enter how much loan you want. Along with this, you will also enter here the period for which you will repay this loan.
- Next you have to click on the proceed option.
- Next, now you have to click on the accept button regarding the term and conditions related to the loan.
- After accepting, the opt will be sent to you again. You have to enter this OTP, after this your process will be almost complete.
- Now a message will come on your registered mobile number that the amount asked for the loan will be transferred to your bank account.
