Car Loan

About Bank of Baroda

In 1908, in a small building in Baroda, Bank of Baroda was set up. Today, with a completely furnished and a hi-tech Baroda Corporate Centre in Mumbai, Bank of Baroda is today, a symbol of dedicated hard work and the result of the vision of Maharaja Sayarijao Gaekwad.

The bank has their offices in more than 25 countries including India. It was awarded the best PSU Bank Award for the year 2011-2012.

About Bank of Baroda Car Loan

A car is no more a luxury as it has become the basic necessity of life. But there are not many people who have adequate funds in their bank account to finance a vehicle. Usually, people prefer taking an auto loan.

Bank of Baroda Auto Loan is the best financial option that offers money to people to buy an expensive and luxurious vehicle at low interest rates.

It offers finance to people and helps them in converting their dream of owning a vehicle into reality.

Features and Benefits of a Bank of Baroda Car Loan from Dialabank

  1. No upper limit to borrow money.
  2. Loans available for new and second-hand vehicles
  3. Repayment period as long as 7 years
  4. Attractive interest rates
  5. Affordable
  6. Simple and Hassle free
  7. Easy to pay back
  8. Flexibility of payment
  9. Speedy Approval in 4 hours
  10. Minimum Documentation
  11. Check your Credit Score

Eligibility

  1. Minimum age limit is 21 years and the maximum is 65 years
  2. Employment: For Salaried 1 year in current employment / For Self- Employed at least 2 years in business
  3. Annual Income: For Salaried Rs. 18000 per month/ For Self- Employed Rs. 18000 per month
  4. Telephone: Must at the residence.

Documentation

  1. Identity Proof- Aadhar card, PAN Card, Voters ID card, Driving License
  2. Income Proof- For Salaried Latest salary slip of 6 months/ For Self- Employed Latest 1 year ITR
  3. Address Proof- Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill etc.
  4. Bank Statement: Last 6 months

Bank of Baroda Car Loan Interest Rate and Charges

Bank of Baroda New Car Loan Interest Rates

Repayment period up to 5 years

Base Rate + 0.25% i.e. 10.50% p.a.

Repayment period > 5 years

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Canara Bank Car Loan
  3. IndusInd Bank Car Loan
  4. State Bank of Hyderabad Car Loan
  5. SBI Car Loan
  6. ICICI Bank Car Loan
  7. AXIS bank Car Loan
  8. IDBI Car Loan

Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Late Payment Penalty

2% per month

Processing fees

Up to 2.5 Lacs: Rs.2825

Over Rs. 2.51 Lakhs up to 4 Lakhs: Rs. 3850/-<

Maximum 5000

*SPECIAL OFFER from DialaBank: Rs.1750/-*

Cheque swapping charges

NIL

Loan cancellation / re-booking charges

In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer

Duplicate Repayment Schedule charges

NIL

Legal, Repossession & Incidental charges

At Actuals

Duplicate no due certificate / NOC

NIL

CIBIL Charges (only on request)

Rs. 50/-

Loan Reschedulement charges

Rs. 1000/-

Special NOC

NIL

 

How to Apply?

Apply online on www.dialabank.com and get your dream car

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Bank of Baroda Car Loans
  3. Canara Bank Car Loan
  4. IndusInd Bank Car Loan
  5. State Bank of Hyderabad Car Loan
  6. SBI Car Loan
  7. IDBI Car Loan

 

Used Car Loan EMI Calculator

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Call us on 600 11 600 (Single Number across 18 Cities)

Delhi | Mumbai | Kolkata | Bangalore | Hyderabad | Ahmedabad | Chandigarh | Jalandhar | Ludhiana | Chennai | Pune | Jaipur | Lucknow | Baroda | Surat | Indore | Coimbatore | Bhopal