Bank of Baroda engages in the provision of commercial banking services. It operates through the following segments: Treasury; Corporate and Wholesale Banking; Retail Banking; and Other Banking Operations. The company was founded by Sayajirao Gaekwad III on July 20, 1908 and is headquartered in Vadodara, India.
A personal loan is a good way to address short term loan requirements. Whether you want to match a medical emergency, wedding expenses, travel expenses or home makeover, you can get an instant cash loan for any sort of need. Besides being cost-effective, they give an additional advantage as to secure them, you don't need to pledge any kind of your valuables. This is the reason that most of the borrowers admit personal loans as the best way to get an instant loan in India.
Any individual who is an Indian citizen or national and has residual income qualifies for the personal loan. By design Personal Loans are unsecured loans and therefore an applicant does not have to worry about furnishing paperwork related to collateral. For getting a personal loan, you need to fulfill certain parameters as a part of the eligibility criteria.
|Bank of Baroda||ROI||Max Loan Amount||Tenure||Processing Fee||Late Payment||Foreclosure Charges||Partpayment Charges|
|Personal Loan||11.35% - 16.35%||10 lakh||4 years||2%||Allowed after 1 EMI's, Nil prepayment charges||N/A||Allowed after 1 EMI's,|
|Car Loan||9.15 %||upto 90 %||1 to 7 years||Nil||NIL||2% over the regular rate of interest||N/A|
|Home Loan||8.75%||10 cr||30 years||0.50% of loan amount upto Rs. 50 lakhs, above Rs. 50 Lakhs is 0.25% of loan amount + GST||Nil||2% additional interest per month on overdue EMI amount||No extra charge|
|Education Loan||10.50% - 11.55%||upto 10 lakh||upto 15 years||Nil||Nil||N/A||N/A|
|Personal Loan||ROI||Max Loan Amount||Tenure||Processing Fee||Late Payment||Foreclosure Charges||Partpayment Charges|
|IndusInd Bank||11.25%||25 lakh||60 months||2.5% + GST||Allowed after 12 EMI's, 4%||Rs 150/- plus taxes, Per EMI delay beyond 5 days||Not allowed|
|RBL Bank||13.99%||20 lakh||60 months||2.5% + GST||13-18 Months: 5%, >18 Months: 3% foreclosure charges||24 % p.a on amount outstanding from date of default||Not allowed|
|Tata Capital||11.75%||20 lakh||60 months||2.5% + GST||No foreclosure in first 6 months, 4.5% + GST||3% on Overdue Amount per month + GST||Allowed after 6 EMIs, Nil prepayment charges|
|IIFL||13%||25 lakh||12 months to 60 months||2% + GST||upto 6%||2% compounded annually||Not allowed|
|HDFC Bank||11.25 % - 18 %||50 lakh||60 months||upto 2.5 %||Allowed after 12 EMI's, 2 - 4%||2% per month on EMI/Principal Overdue||Allowed after 12 EMI's, 2-4%|
|Bank of Baroda||11.35% - 16.35%||10 lakh||4 years||2%||Allowed after 1 EMI's, Nil prepayment charges||N/A||Allowed after 1 EMI's,|
|Kotak Mahindra Bank||10.99% - 18%||15 lakh||60 months||2.5 % + GST||After 12 months, 5% foreclosure charges + GST||3% p.m compounded monthly on the Amount due||Not allowed|
|ICICI Bank||11.25%||30 lakh||60 months||2.25 % + GST||5% per annum of principal outstanding plus GST||24 % p.a on amount outstanding from date of default||Not allowed|
|Bajaj||11.99%||25 lakh||60 months||2%||4% foreclosure charge plus applicable taxes on principal outstanding||N/A||2% part-prepayment charge plus applicable taxes|