Bank
Bank of Baroda Personal Loan 2026
Interest rate, eligibility, documents & fees
- Interest Rate
- 10.9%–18.25%
- Loan Amount
- Up to ₹10 lakh
- Tenure
- 12–84 mo
Bank of Baroda Personal Loan — Key Details
Last reviewed August 2026
- Interest rate
- 10.9% – 18.25% p.a.
- Loan amount
- ₹1 lakh – ₹10 lakh
- Tenure
- 12 – 84 months
- Processing fee
- 2%
- Minimum CIBIL score
- 650+
- Minimum monthly income
- ₹15,000
- Age
- 21 – 60 years
- Employment type
- Salaried, Self-Employed, Government Employees
Bank of Baroda Personal Loan EMI
Monthly EMI at the starting rate of 10.9% p.a. Your rate may be higher.
| Loan amount | 12 months | 24 months | 36 months | 60 months |
|---|---|---|---|---|
| ₹1,00,000 | ₹8,834 | ₹4,656 | ₹3,269 | ₹2,169 |
| ₹3,00,000 | ₹26,501 | ₹13,968 | ₹9,807 | ₹6,508 |
| ₹5,00,000 | ₹44,168 | ₹23,281 | ₹16,346 | ₹10,846 |
| ₹10,00,000 | ₹88,335 | ₹46,561 | ₹32,691 | ₹21,693 |
Bank of Baroda Personal Loan Eligibility
- Age 21–60 years
- Monthly income ≥ ₹15,000
- CIBIL ≥ 650
- Minimum 1 year employment
Documents Required for Bank of Baroda Personal Loan
Salaried
- PAN Card
- Aadhaar Card
- Salary slips (3 months)
- Bank statements
- Form 16
Self-Employed
- PAN Card
- Aadhaar Card
- ITR (2 years)
- Bank statements (6 months)
- Business proof
Pros & Cons
Advantages
- Long tenure up to 84 months
- Accepts self-employed
- Large PSU bank network
- Lower CIBIL bar at 650
Watch out for
- Fixed 2% processing fee
- Slow processing timeline
- Lower max loan amount (₹10L)
How to Apply for a Bank of Baroda Personal Loan
Bank of Baroda's own application process
- 1Apply online via Bank of Baroda website
- 2Submit income and KYC at nearest BOB branch
- 3Credit team review in 5–7 working days
- 4Receive sanction letter
- 5Sign agreement and receive disbursement
Not sure Bank of Baroda is right for you? Compare offers from RateCut's lending partners first.
Compare OffersBank of Baroda Personal Loan — FAQs
What is the Bank of Baroda personal loan interest rate?
Bank of Baroda personal loan interest rates range from 10.9% to 18.25% p.a. (last reviewed August 2026). The rate you get depends on your credit score, income, employer and loan amount.
What is the minimum salary for a Bank of Baroda personal loan?
Bank of Baroda requires a minimum monthly income of about ₹15,000. It lends to: Salaried, Self-Employed, Government Employees.
What is the processing fee for a Bank of Baroda personal loan?
Bank of Baroda charges a processing fee of 2%, plus 18% GST. It is usually deducted from the loan amount at disbursal.
What CIBIL score is needed for a Bank of Baroda personal loan?
Bank of Baroda generally looks for a CIBIL score of 650 or more. A score of 750+ improves your chances of getting a lower rate.
How long does Bank of Baroda take to disburse a personal loan?
As per Bank of Baroda's stated process: Sign agreement and receive disbursement. Existing customers with pre-approved offers are usually faster.
Is Bank of Baroda regulated by the RBI?
Yes. Bank of Baroda is a public sector bank regulated by the Reserve Bank of India.
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Figures last reviewed August 2026 and shown for information only. Interest rates, fees and eligibility are set by each lender and depend on your credit profile — confirm the final terms in the lender's Key Fact Statement before you sign. RateCut is a loan marketplace, not a lender.