Bank of Baroda Car Loan in Indore

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

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

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.


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 NameComplete AddressIFSCMICRContact Detail
Annapurna RoadPrabhu Nagar, Annapurna Road, Indore - 452012, Madhya PradeshBARB0ANNAPU4520120130731-2483324
A B RoadA B Road Ind Branch, 13, Old Palasia A.B.Road, Indore-452001BARB0COLIND4520120070731-2542023
Ravi ShankarC-18, HIG Colony, R S S Nagar, Indore- 452008 , Madhya PradeshBARB0HIGMIG4520120090731-2544337
I.E.IndoreI.E.Indore Branch, 61/1, Snehlata Ganj, Indore-452003, Madhya PradeshBARB0INDIND4520120050731-2542720
R.N.T. MargR.N.T. Marg Branch, Dawa Bazar R.N.T.Marg, Indore-452001, Madhya PradeshBARB0INDORE4520120040731-2704894
Sangita Road19, Sapna Sangita Road, Snehnagar, Main Road, Indore-452001, Madhya PradeshBARB0NAVLAK4520120060731-2462842
NipanyaMain Road, Nipanya, Indore-452016, Madhya PradeshBARB0NIPANY452012014
SitlamataSitlamata Branch, 82/83 Sitalamata Bazar, Indore, 452002BARB0SITALA4520120020731-2454173
SiyaganjSiyaganj Branch, 15/16 Jawahar Marg Ida Building, Indore-452007BARB0SIYAGA4520120030731-2369247
Transport BranchTransport Branch, 2, Snehnagar, Sapna - Sangita Road, Tower Chauraha, , Indore, 452001BARB0TRANSP4520120080731-2462455
Vijay Nagar Vijay Nagar Branch, Aa 14 Sch No.54 Vijay Nagar A.B.Road Indore, Indore, 452010
Goyal Nagar373/374 Goyal Nagar, Madhya Pradesh, Indore-452018BARB0GOYALN4520120150731-2595066
Kalani Nagar8-A, Kalani Nagar, Aerodrome Road, Indore- 452009BARB0AERODR0731-4039723
Gumasta NagarPlot No.995, Sector-A, Sudama Nagar, Gumasta Nagar, Indore -452009BARB0GUMASH0731-6562404
BaroliNear Vaishnav College And University, Sanwer Road, Village Baroli, Tehsil Sanwer, Madhya Pradesh- 453111BARB0BAROLI
Manik Bagh Main RoadPrithvi Regency, 2 B Dubey Colony, Manik Bagh Main Road, Collectorate, Indore, Madhya Pradesh-452007BARB0MANBAG
Bijalpur969 A B Road Bijalpur Indore Dist Indore Madhya Pradesh 452012BARB0BIJALP
Krishna Tower589 Krishna Tower Piplyahana Scheme No 140 Indore Madhya Pradesh 452001BARB0PIPIND
Service Branch4 IDA Building Siyaganj IndoreBARB0SERIND

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