05/05/2025
16h08
how to apply for the BoB pre-approved loan

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.

About the Author

Silvia Azevedo
Silvia Azevedo

Since 2022, has been part of the Utua content team, producing materials in various languages. With international experience in France and the United States, combines analytical vision and creativity to promote solutions that unite results and positive impact.