Bank of Baroda Car Loan in Ahmedabad

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
8.80% - 10.55%
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 ChargesNIL

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 NameComplete AddressIFSC MICRContact Detail
AmbawadiAmbawadi Branch, Panchvati, Ahmedabad, Gujarat-380006BARB0AMBAWA380012002079-26409244
AsarwaAsarwa Branch, Asarwa Chakla Ahmedabad, Gujarat-380016BARB0ASARWA380012004079-22136713 / 78341
Ashram RoadAshram Road Branch, Opp.Natraj Cinema, Ashram Road, Ahmedabad, Gujarat-380009
BARB0ASHRAM380012003079-26580173
AstodiaAstodia Branch, Harder Chambers:Opp.Dhals Pole, Ahmedabad, 380001BARB0ASTODI380012005079-25322878
Bapunagar Ground Floor, Sardar Patel Mall, Bapunagar Main Road, Ahmedabad, Gujarat-380024BARB0BAPUNA380012075079-22700404/405
BhadraBhadra Branch, Opp Dinbhai Tower, Lal Darwaja, Ahmedabad, Gujarat-380001BARB0BHADRA380012006079-25506043
Bhairavnath Bhairavnath Branch, Opp Karanavati Soc Kankaria, Ahmedabad, 380028BARB0BHAIRA380012007079-25430794
Bopal RoadBopal Road Branch, 5, Vrajvihar Society, Opp.Stearling City, Bopal, Ahmedabad, 380058BARB0BOPALR38001206402717-230605, 230531
ChandkhedaChandkheda Branch, Rudraksha Nr.S T Bus Stand, Ahmedabad, 382424BARB0CHANDK380012066079-27504699
CBB AhmedabadCBB Ahmedabad Branch, 57 Shrimali Society, Netaji Road, Mithakhali Six Road, Na, Ahmedabad, 380009
BARB0CORAHM380012051079-26473010

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