Check your Bank of Baroda bike loan eligibility. Rate: 11.70 - 14.30% p.a. Max amount: ₹3 L.
Bank of Baroda offers bike loan at an interest rate of 11.70 - 14.30% p.a. with a maximum tenure of 5 years. The maximum loan amount is ₹3 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹50K | ₹1,654 | ₹9,544 | ₹2,902/mo |
| ₹75K | ₹2,480 | ₹14,280 | ₹4,351/mo |
| ₹1 Lakh | ₹3,307 | ₹19,052 | ₹5,802/mo |
| ₹1.5 Lakh | ₹4,961 | ₹28,596 | ₹8,704/mo |
| ₹2 Lakh | ₹6,614 | ₹38,104 | ₹11,604/mo |
| ₹2.5 Lakh | ₹8,268 | ₹47,648 | ₹14,506/mo |
| ₹3 Lakh | ₹9,921 | ₹57,156 | ₹17,406/mo |
Bank of Baroda Bike Loan interest rate ranges from 11.70 - 14.30% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Bank of Baroda offers a maximum bike loan of ₹3 L with a tenure of up to 5 years.
The processing fee for Bank of Baroda Bike Loan is ₹1,000 + GST.
Bank of Baroda Bike Loan prepayment policy: Nil after 6 months.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.