Check your Bank of Baroda car loan eligibility. Rate: 8.65 - 10.90% p.a. Max amount: ₹1 Cr.
Bank of Baroda offers car loan at an interest rate of 8.65 - 10.90% p.a. with a maximum tenure of 7 years. The maximum loan amount is ₹1 Cr with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹3 Lakh | ₹6,177 | ₹70,620 | ₹10,837/mo |
| ₹4 Lakh | ₹8,236 | ₹94,160 | ₹14,450/mo |
| ₹5 Lakh | ₹10,294 | ₹1,17,640 | ₹18,060/mo |
| ₹6 Lakh | ₹12,353 | ₹1,41,180 | ₹21,672/mo |
| ₹7 Lakh | ₹14,412 | ₹1,64,720 | ₹25,285/mo |
| ₹8 Lakh | ₹16,471 | ₹1,88,260 | ₹28,897/mo |
| ₹9 Lakh | ₹18,530 | ₹2,11,800 | ₹32,509/mo |
| ₹10 Lakh | ₹20,589 | ₹2,35,340 | ₹36,122/mo |
Bank of Baroda Car Loan interest rate ranges from 8.65 - 10.90% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Bank of Baroda offers a maximum car loan of ₹1 Cr with a tenure of up to 7 years.
The processing fee for Bank of Baroda Car Loan is ₹1,500 + GST.
Bank of Baroda Car Loan prepayment policy: Nil after 12 months for floating.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.