Bank of Baroda Chandigarh

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About Bank of Baroda

Bank of Baroda (BoB) and you would think of taking a home loan. Yes, it has now become the most preferred home loan lender ever since the Mumbai-headquartered bank slashed the interest rates on the same to an industry low of 8.35% p.a. What BoB has done outstanding is the fact that it has waived off the switchover fees for customers willing to transfer from base rate to MCLR. Usually, the fees are between ₹ 5,000-10,000. 

Talking about the bank in general, it is running its operations from around 6,000 branches and over 1,000 ATMs across the country. The foundation of the bank dates back to over a century from now when Maharaja of Baroda and Maharaja Saijirao started the operation in a small building in 1908. Years down the line, the bank got nationalized in 1969. Since then, it has been topping charts all over with products across many banking verticals. Be it corporate banking, personal banking, MSME banking, NRI banking or other verticals, the bank has strengthened its presence across everywhere. With customized deposits and loan offers, BoB endeavours to serve the customers wherever they are. And if you are staying in Chandigarh, you can avail the services from as many as 10-20 branches of BoB that are there in the city. Want to know the details of those branches? Glance at the table below and also keep an eye on the information that will follow. 

Bank of Baroda Branches in Chandigarh

Branch NameComplete AddressIFSCMICRContact Detail
Agriculture Hi TechAgriculture Hi Tech Branch,
Sco 91, Sector 44 C, Chandigarh- 160047
BARB0AGRCHA1600120050172-2645147/5017428
DHS Extension CounterDHS Extension Counter, Chandigarh- 160022BARB0EXTSEC1600120120172-2667450
Raipur KhurdRaipur Khurd Chandigarh- 160003BARB0KHURDX1600120040172-2652745
Sector 17-BBank Square, Sector 17-B, Chandigarh- 160017BARB0SECTOB1600120010172-2704583
Grain MarketSco 72 A & 73 A Sector 26 Grain Market Chandigarh- 160019BARB0GRAINMN.A.0172-2701617, 5076839
ARMBSco 62/63 Third Floor, Sector 17B, Bank Square, Chandigarh- 160017BARB0ARMCHDN.A.0172-5076839
Phase II Industrial AreaShop No-92, Industrial Area, Phase-2, Chandigarh- 160002BARB0INDCHDN.A.1800223344
Sector 40DSector 40D, Sco 212, Chandigarh- 160036BARB0SECTODN.A.1800223344
LahoraSco 55 Main Market Khuda Lahora Chandigarh 160014BARB0LAHORAN.A.1800223344
Sector DAt Bay Shop No 400 Sector 37D Chandigarh 160036BARB0SECDCHN.A.1800223344

Products Offered by Bank of Baroda in Chandigarh

Depending on your needs, you can choose from a myriad of loans and deposits of Bank of Baroda in Chandigarh. Either you can open a savings or fixed deposit account or take a loan to meet your emergency needs, buying a home, vehicle or a consumer durable and others. For your understanding, there is a table below that will guide you properly towards your wishes via various financial products of BoB in Chandigarh. 

Basic Details of Bank of Baroda Loans in Chandigarh

ProductEligibilityLoan amount
Interest Rate
Processing FeeTenure
Home LoanMinimum age for application-21 years for salaried and self-employed applicants

Maximum age permitted at the time of loan maturity-60 years for salaried and self-employed applicants
About 75%-90% of the property value8.30% - 9.30%0.25%-0.50% of the loan amount
Minimum- ₹7,500
Maximum- ₹20,000
Upto 30 Years
Car Loan
Minimum age for application-21 years for both salaried and self-employed applicants

Maximum age allowed at the time of loan maturity-65 years
Upto ₹ 1 Cr8.80% - 10.55%0.75% of the loan amount to a maximum of Rs 10,000Upto 7 Years
Personal LoanMinimum age for application-21 years

Maximum age permitted at the time of loan maturity-60 years for salaried & 65 years for self-employed
₹ 50,000-10,00,000

11.55% - 16.55%

Upto ₹ 10,000Upto 4 Years
Loan Against Future Rent ReceivablesOwners who have rented their premises or are lloking to rent to corporate houses/PSU units/banks/MNCs are eligible

Landlords of BoB Offices or Branches are eligible

Landlords or residential property given on a lease to the officers and executives of BoB are also eligible

Upto 55% of the rent due and receivable for both unexpired period of lease and uncertain period of lease. 12.10% p.a.1% of the loan amount subject to a maximum of ₹ 7.5 lakhs and ₹ 150 lakhs for loans upto 10 Cr and above 10 Cr, respectively. Upto 10 Years
Baroda Traders LoanIndividuals, proprietors, partnership firms & co-operative societies seeking working capital are eligible₹ 2 lakh-10 Cr10.35%-11.35% p.a.0.35% of the loan amount subject to a minimum of ₹ 7,500Upto 5 years

Documentation for Bank of Baroda Loans in Chandigarh

ProductsSalariedSelf-employed
Home LoanIdentity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried


Bank Account Statement for the Last 6 Months

Track of any other loans, if any

Property details such cost estimate of construction
Identity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

Bank Account Statement for the Last 6 Months

Track of any other loans, if any

Property details such cost estimate of construction
Car LoanIdentity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16



Bank Account Statement for the Last 6 Months

Track of any other loans, if any
Identity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

Bank Account Statement for the Last 6 Months

Track of any other loans, if any
Personal LoanIdentity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16
Identity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

 

 

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