Bank of Baroda Personal Loan — current rate (2026-05-04)
| Parameter | Value |
|---|---|
| Rate band | 10% – 16.5% p.a. |
| Processing fee | 2% + 18% GST |
| Bank type | Public-sector |
Rates sourced from public bank disclosures and last verified 2026-05-04. Use the calculator above with your specific principal, tenure, and the rate Bank of Baroda quotes for your credit profile.
How does the Bank of Baroda rate compare?
The all-India personal loan rate band is roughly 10.50%–24%. Bank of Baroda’s 10%–16.5% sits at the competitive low end. Always compare against 2–3 other lenders before committing — even small rate-gap differences compound substantially over long tenures.
Eligibility for Bank of Baroda personal loan
Standard Indian retail-loan checklist:
- Salaried with 2+ years of work history, or self-employed with 2+ years of ITR
- Net monthly income that puts your FOIR under 55%–60% after the new EMI
- CIBIL score 750+ for the best rate (650–749 may qualify with rate premium)
- KYC: PAN + Aadhaar + address proof
- Income proof: 3 months’ payslips + 6 months’ bank statements (or 2 years’ ITR for self-employed)