About Bank of Baroda Car Loan Gurugram
The Cyber City Gurugram welcomes every individual looking to innovate and grow in their respective careers. Surrounded by a host of multinational companies, Gurugram also has a segment which you can call a die-hard fan of cars. With Maruti Suzuki already having its manufacturing facility in the city, the excitement among the car lovers there is palpable. If you are living in Gurugram, you can buy your dream via Bank of Baroda, a premier public sector bank with over 5,000 branches across the country.
Bank of Baroda Car Loan Gurugram 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
Get an idea of the eligibility test conducted by Bank of Baroda to approve you a car loan in Gurugram. A deviation in any of the below points can either compel the lender to delay or reject the application.
- 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
Being on top of the mark with documentation enables a fast approval and disbursal of the car loan. The insufficiency of documents can delay the approval process. And since many individuals are on the line to buy the car you want to, any foul play on documentation could disallow you from driving your dream 4-wheeler. A glance at the below points will make you aware of the documents you need to submit.
- 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
- Business Establishment Proof-Utility Bills of Shops & Establishments, Any of Service Tax/Sales Tax/VAT Registration for Self-employed
For more details, visit Car Loan Gurugram
Bank of Baroda Car Loan Gurugram Branches
You can grab a suitable car loan deal by visiting any of the BoB branches located in Gurugram. Being aware of the branch locator, IFSC Code, MICR Code and contact information of the branches would let you find the nearest one as well as facilitate other transactions like net banking. So, get a comprehensive information on the same in the table below.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Sector-10, Gurugram | Sector-10 A, Gurugram, Haryana-122011 | BARB0DAVGUR | 110012094 | 0124-2212287 |
| DLF Golf Course | Paras Down Town DLF Golf Course, Sec 53 Gurugram, Haryana-122011 | BARB0DLFGUR | 110012096 | 0124-2572211/2572210 |
| Extension Counter | Chiranjivi Bharti Public School Extension Counter, Palam Vihar, Gurugram, Haryana-122001 | BARB0EXTGUR | 110012111 | 011-2460597 |
| Alwar Road | Gurugram Branch, Delhi Alwar Road, Gurugram, Haryana- 122001 | BARB0GURGAO | 110012064 | 0124-2320325 |
| Manesar | IMT Manesar, F32/33 Raheja Square, Gurugram, Haryana- 122050 | BARB0MANESA | 110012098 | 0124-2291642/643 |
| Sushant Lok 1 | Shop No. 1 & 2 Ground Floor, Peach Tree C Block, Sushant Lok 1, Gurugram, Haryana- 122002 | BARB0SUSGUR | 110012093 | 0124-2570531/2572210 |
| Sector 7, Gurugram | SCO 20 Huda Commercial Complex Sector 7 Gurugram Haryana- 122001 | BARB0SECGUR | 110012171 | 011-23752274 |
| Sector 23, Gurugram | SCO 40, Sector 23, Gurugram, Haryana- 122001 | BARB0SCOGUR | 110012155 | 011-23725125 |
| Rajendra Park | House No 1632/31, Rajendra Park, Gurugram, Haryana-122001 | BARB0RAJGAO | 1800223344 | |
| Sector-31, Gurugram | SCO No 45, Sector 31, Gurugram, Haryana- 122001 | BARB0SECTOG | 1800223344 |
