Apply for best Car Loan at Bank of Baroda in Kochi-Wishfin

Bank of Baroda Car Loan in Kochi

About Bank of Baroda Car Loan Kochi

Awestruck with a beautiful and sleek car passed you by on the streets of Kochi? Well, that very car can be yours with Bank of Baroda Car Loan offer. Bank of Baroda (BoB) is a major public sector bank that provides a loan to buy all types of cars be it the passenger cars, sports utility vehicles (SUVs) or even the multi-utility vehicles (MUVs). So, what are you waiting for? Just look at the salient features and details of Bank of Baroda Car Loan in Kochi.

Bank of Baroda Car Loan Kochi at a Glance

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 ChargesNIL

Eligibility Criteria

In order to drive the car in Kochi, you would need to stand up to the test of eligibility as conducted by Bank of Baroda. There are a few eligibility criteria you as a borrower needs to meet for getting the disbursal of the car loan in Kochi. Follow 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.


Do keep in mind the documents that Bank of Baroda requires to process your car loan application in Kochi. The documents are easy to arrange. All you need is to submit proofs of your identity, income, and residence in Kochi. The bank could ask for additional details. So all that are shown 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
  • 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 Kochi

Bank of Baroda Car Loan Kochi Branches

You can find some branches of BoB in Kochi to apply for a car loan. Want to know branches there? See the table below.

Branch NameComplete AddressIFSCMICRContact Detail
CochinCochin Branch, PB 222 Palace Road, Mattanchery (Ernakulam Dt.)- 682002BARB0COCHIN6820120030484-2224822
ErnakulamErnakulam Branch, Pallimukku, M G Road, Ernakulam-682016BARB0ERNAKU6820120020484-2351205
Ernakulam- NorthErnakulam-North Branch, 36/637 - A Bannerji Road. Ernakulam North Cochin, Ernakulam, Ernakulam- 682018BARB0ERNPOR6820120070484-2366264, 2360553
KochiKochi Branch, 28/94, Panampilly Avenue, Panampilly Nagar, Kochi- 682036 BARB0KOCHBS6820120080484-2310166
VytillaNear Welcare Hospital, S A Road ,Vytilla, Ernakulam, Kerala-682019BARB0VYTILA6820120100484-2389135
W. IslandW. Island Branch, Willington Island; Cochin 3. Ernakulam.Kerala, Cochin-682003BARB0WILLIN6820120040484-2666660
PalarivattomFirst Floor, 34/1860 A, Alwaye Ernakulam Main Road, Mamangalam, Palarivattom Po, Ernakulam-682 025BARB0PALARI682012012

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%