Bank of Baroda Patna
Last Updated : May 9, 2018, 12:39 p.m.
About Bank of Baroda
It is always interesting to check the history of a bank, isn’t it. And when you are about to study a bank as big as Bank of Baroda (BoB), the interest level is on the higher side. The bank was founded by Maharaja of Baroda and Maharaja Sayajirao Gaekwad III in June 1908 in a small building in Baroda. It would leave you by a surprise to know that the royals laid the bricks of BoB. Normally, it’s the big businessmen who do such stuff. But such was the time that led these fine emperors to establish Bank of Baroda.
Post-establishment, the bank was doing reasonably well until 1969 when the Government of India woke up and nationalized it as well as 13 other banks. As soon as that incident took place, the fate of the bank turned as it started becoming the favourite of the masses. The reason being its a wide and unique product offering that delivers on the promise. It dominates literally every vertical of banking. Not only retail clients and small entrepreneurs, even the top corporates can find suitable products to achieve their financial goals.
Also what Bank of Baroda has done well is to draw the game in its favour by understanding the nerves of the people. It is this trait that has helped the PSU bank to deliver products that are fine tuned to meet the requirements of the masses. You would very well that the bank has recently cut its home loan rates to the lowest of 8.35% per annum in the industry. The move assumes enormous significance at a time when the heavyweights of the game were constantly cutting rates to lure the customers. Also, by making switchover fee for customers shifting the home loan balance from base rate to MCLR redundant, the bank has played its cards well in a space wherein the fight for the rate cut is ever so intense thanks to demonetization.
The bank has also made sure its reach is far and wide with time. And as a result, it now has over 6,000 branches as many as 1,000 ATMs in India. Bank of Baroda is now a global banker with well over 100 branches that spread across 25 countries, which include the biggies the US and Australia. Also, it covers important regions like Dubai and Hong Kong to expand its operations.
Come to Patna and you will find a good number of Bank of Baroda branches. From Bailly Road to Digha, it has branches placed at all important locations of Patna, the capital city of Bihar. So, if you are a resident of Patna and want to bank with BoB, you can take a help from the table to find out the branches of the bank.
Bank of Baroda Patna Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Bailly Road | Bailly Road, Ashiana More, Patna, Bihar- 800014 | BARB0ASHPAT | 800012008 | 0612-2596015 |
| Gulzar Baug | Gulzar Baug Branch, At. P.O. -Gulzarbag, Patna City, Patna, 800008 | BARB0GULZAR | 800012004 | 0612-2637530 |
| Patna City | Patna City Branch, At. Po. Patna City , District Patna, Bihar, Patna, 800008 | BARB0PATNAB | 800012003 | 0612-2645084 |
| PBB-Kankarbagh | A/10, Patrakarnagar, Kankarbagh, Patna-800020 | BARB0PBBPAT | 800012007 | 0612-2361394 |
| SRI Krishnap Branch | Sri Krishnap Branch, Naval Arcade, Boring Road, Patna-800001 | BARB0SRIKRI | 800012005 | 0612-2541528 |
| Walmiki Complex | Walmiki Complex, Phulwari Sharif, Patna- 801505 | BARB0WALMEC | 800012006 | 0612-2452336 |
| Danapur | B M Complex, Saguna More, Danapur, Patna, Bihar- 846004 | BARB0DANAPU | 0612-2557159 | |
| Ashjagat | Ashjagat Complex, Rajendra Path, Kadamkuan, Patna, Bihar- 800003 | BARB0RAJEND | 800012009 | |
| Lanka Kachura | Khemni Chakm Main Road, Po- New Jaganpura, Ps- Ram Krishna Nagar, District- Patna, Bihar- 800027 | BARB0LANKAC | 800012503 | 0612-2273635 |
| Lohiya Nagar | Lohiya Nagar, Pc Colony, Near Shalimar Sweets, Kankarbagh, District Patna, Bihar-800020 | BARB0LOHIYA | 0612-2272333 | |
| Kurjimore | Near Loyala High School, Opposite Nalanda Colony, Patna, Bihar-800010 | BARB0KURJIM | 0612-2272333 | |
| Gaighat | Gaighat, Near Pani Tanki, Ashok Rajpath, Patna Dt, Bihar- 800007 | BARB0GAIGHA | 800012016 | |
| A G Colony | Main Road, A G Colony, Patna, Bihar-800023 | BARB0AGCPAT | 800012018 | |
| Buddha Colony | Main Road, Buddha Colony, Patna, Bihar-800001 | BARB0BUDDHA | ||
| Danapur Nizmat | In Front Of Tribhuwan Park, Danapur, Dist Patna, Bihar-800012 | BARB0DANPAT | ||
| Digha | Near Polson, Digha, Dist-Patna, Bihar- 800011 | BARB0DIGHAX | ||
| Chiraura | Chiraura, Village, Po Chiraura, Dist Patna, Bihar-801109 | BARB0CHIRAU | ||
| Jakkanpur | Near Gaudia Math Mandir, Gandhi Path, Jakkanpur, Patna Bihar 800001 | BARB0JAKKAN | ||
| Patel Nagar | Sahdeopath B Bhattacharya Road, West Patel Nagar, Po Shastri Nagar, Tehsil Sadar, Patna, Bihar-800023 | BARB0PATELN | ||
| Bazar Samiti | Kalpana Arcade Bazar Samiti Road Near Moinui Haq Stadium Patna Bihar-800006 | BARB0BAZPAT |
Products Offered by Bank of Baroda in Patna
The branches of Bank of Baroda at Patna are ready with an exclusive line of products designed for different customer segments. Someone looking to buy a home can apply for a home loan , while a car loan is riding at these branches. All that depends on your wants. Of course, you would want to know details of the products before applying for those, right! Below is a table that you can glance at to know the same.
Basic Details of Bank of Baroda Loans in Patna
| Products | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | Minimum 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 value | 8.50% - 10.60% | 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 Cr | 7% onwards | 0.75% of the loan amount to a maximum of Rs 10,000 | Upto 7 Years |
| Personal Loan | Minimum 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 | 10.90% - 18.25% | Upto ₹ 10,000 | Upto 4 Years |
| Loan Against Future Rent Receivables | Owners who have rented their premises or are looking 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 the 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 Loan | Individuals, proprietors, partnership firms & co-operative societies seeking working capital are eligible | ₹ 2 lakh-10 Cr | 10.35%-11.35% p.a. | 0.35% of the loan amount subject to a minimum of ₹ 7,500 | Upto 5 years |
Documents Required to Avail Loans from BoB in Patna
| Products | Salaried | Self-employed |
|---|---|---|
| Home Loan | Identity 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 Loan | Identity 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 Loan | Identity 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 |
