Bank of Baroda Car Loan Details [Interest Rate, Processing Fees, Tenure, Prepayment Charges 2022]



Bank of Baroda Car Loan

About Bank of Baroda : Bank of Baroda is a corporate bank of India providing banking and financial services. It has over 153 million customers across 18 countries. Founded by Maharaja Sayajirao Gaekwad III in 1908, the bank takes pride in being a symbol of hope and energy. The bank is classified as a profit-making public sector undertaking (PSU). 

The bank has undertaken copious customer-centric initiatives with a novel approach. Specialized NRI branches, Gen-Next Branches, Retail Loan factories, SME loan factories are some of them. To expedite loan disbursement, the bank has adopted an assembly-line approach.

Bank of Baroda offers numerous products designed for the needs of its customers. Some of them include prepaid cards, reloadable virtual prepaid cards, credit and debit cards, health and life insurance, depository services, DigiNext cash management services, merchant payment solutions..

Headquarter: The registered head office of the bank is headquartered in Mandvi, Vadodara. The head office of the bank is in Dutt Road, Vadodara. The corporate office of the bank is located in Bandra, Mumbai.

Number of employees: Currently, 78,093 employees are working under the Bank of Baroda globally. Sanjiv Chadha is the Managing Director & CEO, and Dr. Hasmukh Adhia is the Non-Executive Chairman.

Number of Branches & ATM: Bank of Baroda has a total of 8185 branches in India and a combined 8537 global branches spread in 18 countries.

Rate of Interest : Starts From 7.25% Per Annum

Loan Amount : Up to 90% of On Road Price

Maximum Tenure : 7 Years

Processing Fee :  Rs. 1500/- + GST

Prepayment Charges : NA

Yearly Income : As Per Loan amount Requirements

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