Bank of Baroda Car Loan in Indore
Last Updated : Jan. 11, 2019, 6:01 p.m.
About Bank of Baroda Car Loan Indore
While enjoying the lovely eateries like ‘Poha’ that Indore is famous of, you could wander into the thoughts of bringing home one of the new cars that may have hit the roads of the city. If it is so, then your ally Bank of Baroda (BoB) can help you buy the car of your choice with an attractive car loan featuring affordable interest rates, backed up by easy processing and simple documentation process. So, check out what you have in store for you with the bank’s car loan offer in Indore.
Bank of Baroda Car Loan Indore 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
The bank sees your eligibility for a car loan based on various factors. Want to see a smooth approval of your car loan application in Indore? Stay in line with the eligibility norms 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
There is a list of documents that Bank of Baroda asks before giving the approval to a car loan in Indore. These documents are basically for checking the identity, residence, income and other details. So folks, get ready with these documents for a hassle-free loan approval by BoB in Indore.
- 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 Indore
Bank of Baroda Car Loan Indore Branches
There are various ways by which you can apply for Bank of Baroda Car Loan in Indore. One such way is to visit the nearest branch of BoB in the city and apply for the loan. If you do not know the branch details, the below table will take you through to the nearest branch.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Annapurna Road | Prabhu Nagar, Annapurna Road, Indore - 452012, Madhya Pradesh | BARB0ANNAPU | 452012013 | 0731-2483324 |
| A B Road | A B Road Ind Branch, 13, Old Palasia A.B.Road, Indore-452001 | BARB0COLIND | 452012007 | 0731-2542023 |
| Ravi Shankar | C-18, HIG Colony, R S S Nagar, Indore- 452008 , Madhya Pradesh | BARB0HIGMIG | 452012009 | 0731-2544337 |
| I.E.Indore | I.E.Indore Branch, 61/1, Snehlata Ganj, Indore-452003, Madhya Pradesh | BARB0INDIND | 452012005 | 0731-2542720 |
| R.N.T. Marg | R.N.T. Marg Branch, Dawa Bazar R.N.T.Marg, Indore-452001, Madhya Pradesh | BARB0INDORE | 452012004 | 0731-2704894 |
| Sangita Road | 19, Sapna Sangita Road, Snehnagar, Main Road, Indore-452001, Madhya Pradesh | BARB0NAVLAK | 452012006 | 0731-2462842 |
| Nipanya | Main Road, Nipanya, Indore-452016, Madhya Pradesh | BARB0NIPANY | 452012014 | |
| Sitlamata | Sitlamata Branch, 82/83 Sitalamata Bazar, Indore, 452002 | BARB0SITALA | 452012002 | 0731-2454173 |
| Siyaganj | Siyaganj Branch, 15/16 Jawahar Marg Ida Building, Indore-452007 | BARB0SIYAGA | 452012003 | 0731-2369247 |
| Transport Branch | Transport Branch, 2, Snehnagar, Sapna - Sangita Road, Tower Chauraha, , Indore, 452001 | BARB0TRANSP | 452012008 | 0731-2462455 |
| Vijay Nagar | Vijay Nagar Branch, Aa 14 Sch No.54 Vijay Nagar A.B.Road Indore, Indore, 452010 | BARB0VIJIND | 452012012 | 0731-4005904 |
| Goyal Nagar | 373/374 Goyal Nagar, Madhya Pradesh, Indore-452018 | BARB0GOYALN | 452012015 | 0731-2595066 |
| Kalani Nagar | 8-A, Kalani Nagar, Aerodrome Road, Indore- 452009 | BARB0AERODR | 0731-4039723 | |
| Gumasta Nagar | Plot No.995, Sector-A, Sudama Nagar, Gumasta Nagar, Indore -452009 | BARB0GUMASH | 0731-6562404 | |
| Baroli | Near Vaishnav College And University, Sanwer Road, Village Baroli, Tehsil Sanwer, Madhya Pradesh- 453111 | BARB0BAROLI | ||
| Manik Bagh Main Road | Prithvi Regency, 2 B Dubey Colony, Manik Bagh Main Road, Collectorate, Indore, Madhya Pradesh-452007 | BARB0MANBAG | ||
| Bijalpur | 969 A B Road Bijalpur Indore Dist Indore Madhya Pradesh 452012 | BARB0BIJALP | ||
| Krishna Tower | 589 Krishna Tower Piplyahana Scheme No 140 Indore Madhya Pradesh 452001 | BARB0PIPIND | ||
| Service Branch | 4 IDA Building Siyaganj Indore | BARB0SERIND |