Get Up to ₹5 Lakhs Personal Loan Easily from Bank of Baroda

Bank of Baroda offers a convenient personal loan service, allowing individuals to apply for loans ranging from ₹50,000 to ₹5 lakhs from the comfort of their homes. With competitive interest rates and a straightforward application process, this service is ideal for those in need of quick financial support for emergencies, weddings, or education. The application can be completed online, ensuring a paperless experience. Learn more about eligibility criteria and the step-by-step application process in this detailed overview.

By Ambika Singh Jun 6, 2025, 23:57 IST

Bank of Baroda Personal Loan Overview

In today's world, the need for financial assistance can arise unexpectedly, often leading individuals to search extensively for suitable loans. This can sometimes result in financial setbacks due to the unavailability of appropriate loan options.

Through Bank of Baroda, you can conveniently secure a personal loan ranging from ₹50,000 to ₹5 lakhs. The interest rates for these loans vary between 10.26% and 17.60%.

Apply for a Loan from Home – Bank of Baroda

With Bank of Baroda, you can apply for a personal loan from the comfort of your home, with amounts available from ₹50,000 to ₹5 lakhs. Applications can be submitted via the official website or the mobile app. The interest rates are competitive, starting at 10.26% and going up to 17.60%.

This service is designed for those who require immediate funds for medical emergencies, weddings, education, travel, or other essential expenses.

What is This Service?

Bank of Baroda has streamlined the digital loan application process, making it quick and user-friendly. Customers can now apply for personal loans using their mobile devices or laptops from anywhere, at any time. This service is available 24/7 and is entirely paperless.

Eligibility Criteria for the Loan

To qualify for the loan, applicants must meet the following criteria:

1. Must be an Indian citizen
2. Age between 21 and 60 years
3. Minimum monthly income of ₹15,000
4. Both salaried and self-employed individuals are eligible.

Application Process

1. Visit the Bank of Baroda website or open the mobile app.
2. Select the 'Personal Loan Apply' option.
3. Enter your mobile number, Aadhaar, and PAN details.
4. Complete the eKYC and income verification process.
5. Choose the loan amount based on eligibility and submit your application.
6. Upon approval, the loan amount will be transferred directly to your account.

Disclaimer

Loan approval is subject to the bank's terms and eligibility criteria. Interest rates and processing fees may vary based on time and customer profiles. Please read all terms and conditions carefully before applying.