05/05/2025
16h08
Documents required to apply for BoB pre-approved loan
✅Valid mobile number (linked to Bank of Baroda account number)
✅Aadhaar number to get OTP for e-stamping and e-signature
Interest Rates:
✔️BRLLR + SP +3,50% to 7% per annum with monthly rest (ROI is irrespective of bureau score)
✔️Prepayment Fee: Nil
✔️Penal Interest: Penal interest @ 2% will be levied on overdue amount / non-compliance of terms and conditions
✔️Integrated Processing Fee: Rs.500 plus applicable GST
How to apply for the BoB pre-approved loan?
Step by step of how to apply for the BoB pre-approved loan!
✔️Access the official website of Bank of Baroda
✔️Click on the top tab “Loans”.
✔️Select loan type
✔️ Click on “Apply Now”
✔️Follow the next steps.