Bank of Baroda Car Loan in Ahmedabad
Last Updated : Jan. 11, 2019, 5:59 p.m.
About Bank of Baroda Car Loan Ahmedabad
Driving a car on the glorious roads of Ahmedabad, the largest city in the state of Gujarat, could well be a dream for many living in the city. Just as everything involves a cost, a car loan also comes with a cost in the form of interest rate charged by the lenders. But due to the lower rate offered by Bank of Baroda, your pocket would be relieved if you choose it as your lending partner for your car loan.The details below would further encourage you to sit in the driver seat.
Bank of Baroda Car Loan Ahmedabad at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | 7% onwards |
| Loan Amount | Upto ₹ 1 Cr |
| Loan Tenure | Upto 7 Years for New Cars. No Finance for Used Cars |
| Processing Fee | 0.50% of Loan amount Minimum: ₹2,500/- Maximum ₹10,000/- + GST |
| Prepayment Charges | NIL |
Eligibility Criteria
In order to drive your dream car in Ahmedabad, you are required to pass the test of eligibility as taken by Bank of Baroda. You can get a clue of the eligibility parameters by glancing at the points below.
- Both salaried and self-employed should be a minimum of 21 years at the time of loan application. While both of them must ensure they are not more than 65 years by the time the proposed loan tenure expires.
- The bank seeks a stable source of earning before approving the loan.
Documentation
Inability to crack the documentation stage will undo all your hard work and could well deprive you the keys to your dream car. Therefore, you should give the due attention to the kind of documents that the bank require to give a nod to your car loan application submitted in Ahmedabad. Find out the documents in the points below.
- Documents for Identity-PAN Card/Aadhaar Card/Passport/Voter ID/Driving License
- Documents for Residence Proof-Aadhaar Card/Passport/Voter ID/Utility Bills
- Documents for Income Proof–Latest Salary Slips & Form 16 for Salaried, Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years
- Last 6-month Bank Statement
- Documents for Business Establishment Proof-Utility Bills of Shops & Establishments, Any of Service Tax/Sales Tax/VAT Registration for Self-employed
For more information, visit Car Loan Ahmedabad
Bank of Baroda Car Loan Ahmedabad Branches
The 1908-founded bank, which started with a small building in Baroda way back in 1908, now operates more than 5,000 branches offering a car loan to meet your taste. As branches are spread across the country, you can find some in Ahmedabad as well. Don’t know the location of the branches? Take a look at the table below and find them out.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Ambawadi | Ambawadi Branch, Panchvati, Ahmedabad, Gujarat-380006 | BARB0AMBAWA | 380012002 | 079-26409244 |
| Asarwa | Asarwa Branch, Asarwa Chakla Ahmedabad, Gujarat-380016 | BARB0ASARWA | 380012004 | 079-22136713 / 78341 |
| Ashram Road | Ashram Road Branch, Opp.Natraj Cinema, Ashram Road, Ahmedabad, Gujarat-380009 | BARB0ASHRAM | 380012003 | 079-26580173 |
| Astodia | Astodia Branch, Harder Chambers:Opp.Dhals Pole, Ahmedabad, 380001 | BARB0ASTODI | 380012005 | 079-25322878 |
| Bapunagar | Ground Floor, Sardar Patel Mall, Bapunagar Main Road, Ahmedabad, Gujarat-380024 | BARB0BAPUNA | 380012075 | 079-22700404/405 |
| Bhadra | Bhadra Branch, Opp Dinbhai Tower, Lal Darwaja, Ahmedabad, Gujarat-380001 | BARB0BHADRA | 380012006 | 079-25506043 |
| Bhairavnath | Bhairavnath Branch, Opp Karanavati Soc Kankaria, Ahmedabad, 380028 | BARB0BHAIRA | 380012007 | 079-25430794 |
| Bopal Road | Bopal Road Branch, 5, Vrajvihar Society, Opp.Stearling City, Bopal, Ahmedabad, 380058 | BARB0BOPALR | 380012064 | 02717-230605, 230531 |
| Chandkheda | Chandkheda Branch, Rudraksha Nr.S T Bus Stand, Ahmedabad, 382424 | BARB0CHANDK | 380012066 | 079-27504699 |
| CBB Ahmedabad | CBB Ahmedabad Branch, 57 Shrimali Society, Netaji Road, Mithakhali Six Road, Na, Ahmedabad, 380009 | BARB0CORAHM | 380012051 | 079-26473010 |
