How To Get Bank of Baroda Personal Loan: How to Get Bank of Baroda Personal Loan | Pre approved Personal Loan – Bank of Baroda | Bank of Baroda (BOB) Personal Loan Eligibility 2023। Loans – Apply for Instant Bank Loan | Personal Loans – Bank of Baroda
Different loans are given by different banks in India. Currently SBI E-Mudra Loan Apply Online is very famous in the country. But today we have brought a big good news for you Bank of Baroda. All bank account holders can get an instant online loan of Rs 50000/-. So dear readers, How to Get Bank of Baroda Personal Loan will be discussed in detail in this article.
How To Get Bank of Baroda Personal Loan
Dear readers, you can apply Bank of Baroda Personal Loan Online. You must have a bank account with Bank of Baroda and your Aadhaar card and bank account must be linked to the mobile. So that you can easily get OTP and avail the loan.
Heartily welcome to all Bank of Baroda account holders in this article. If you want to get a loan of 50,000/- thousand rupees without going to a bank, then this article is only for you. In this article we will understand in detail how to get a loan from Bank of Baroda.
- In that Tab you will get the option of pre-Approved personal loan and you have to click on it.
- By clicking, a new page will open in front of you.
- On this page you will get an option called Apply Now after Pre-Approved Personal Loan. You have to click on it.
- By clicking a new page will open for you on this page you have to click on proceed option after clicking a new page will open in front of you.
- On this page you have to provide the mobile number after which you have to provide the OTP on your mobile.
- After providing the OTP, a new page will open in front of you.
Important Link
| Apply To Direct Link | Click Here |
| Official Website | Click Here |
How to calculate EMIs for Bank of Baroda Personal Loans
You can compute EMIs for your Bank of Baroda personal loan through any online EMI calculator. BankBazaar.com has a convenient personal loan calculator which can be used simply by dragging a slider. It makes your loan application easier. You can plan your loan expenses and manage your overall finances efficiently with the help of this calculator. To make use of it, you will need to input certain details regarding your loan. These details include loan amount, loan tenure, processing fee, prepayment fee, and interest rate.
You can pay your EMIs promptly to clear your loan on time. During the first few months of your loan tenure, you will be paying a higher interest. Towards the end of your loan tenure, you will be paying a higher principal compared to your interest.
To use the EMI calculator for your Bank of Baroda
Personal Loan, you will have to first go to the main menu of the website and
then go to ‘Finance Tools’. Here, you can choose EMI calculator.
- Once you click on the calculator, you will first have to select your loan amount by dragging the slider.
- Next, you need to choose your loan tenure with the help of the slider.
- You will now have to enter the interest rate charged by Bank of Baroda for your personal loan. This will need to be given in percentage.
- Further, you have to enter the processing fee which will be a percentage of your personal loan amount.
- You will now have to decide if you wish to go for a prepayment or not. You can do this by clicking the ‘Yes’ or ‘No’ option. Next, you can click ‘Calculate’.
- You may also view the pie chart below the result which will show your loan amount, interest due, and the total processing fee that you need to pay for your loan.
- You can also view your amortisation details by checking out the bar diagram which can be found below the pie chart. This will show the interest, unsettled loan amount, and principal.
Documents Required for Digital Personal Loan Journey
- Valid Mobile Number
- Aadhar number connected with mobile number
- Valid PAN number.
- Net Banking Credentials or Digital bank statement for last 6 months.
- Web – Camera for clicking picture and performing Video KYC
- ITR e – filing credentials or Digital ITR returns for last 2 years (for self – employed)
- GST portal credentials or Digital GST returns for last 1 year (for Self – employed)
