Bank of Baroda Personal Loan 2026: Rates, EMI & Eligibility

Baroda Personal Loan at a Glance

*Loan amount, interest rate, processing fee, tenure and other terms may vary by loan scheme, borrower category and applicant profile. Check the latest Bank of Baroda terms before applying.

Bank of Baroda Personal Loan - Key Features 2026

Bank of Baroda personal loans are designed to help eligible borrowers meet a range of personal financial requirements without pledging collateral in the case of applicable unsecured personal loan schemes. The key features can vary depending on the loan scheme, borrower category and applicant profile.

• Interest rates: Personal loan rates can start from 10.15% p.a., depending on the applicable scheme and borrower profile.
• Loan amount: Eligible borrowers can avail of personal loans of up to ₹20 lakh, subject to the applicable scheme and repayment capacity.
• Flexible tenure: Repayment can extend up to 84 months, allowing eligible borrowers to choose a tenure based on their repayment capacity.
• Digital application: Bank of Baroda provides digital personal loan options for eligible customers, allowing applications to be initiated online.
• Pension loan option: Eligible pensioners receiving their pension through Bank of Baroda may have access to pension loan facilities for personal financial requirements.
• Fixed and floating rates: Depending on the applicable loan product, borrowers may have fixed or floating interest rate options.
• Prepayment facility: Prepayment and foreclosure charges depend on the applicable loan type and interest-rate structure. Floating-rate loans may have different prepayment terms.

Bank of Baroda evaluates each application based on factors such as credit history, income, employment or business profile, existing obligations and other applicable eligibility criteria. The final interest rate, loan amount and approval decision are determined by the bank.

Bank of Baroda Personal Loan Interest Rate 2026

Bank of Baroda personal loan interest rates can range from around 10.15% to 18% p.a., depending on the applicable loan scheme and borrower profile. The bank may offer both fixed and floating interest rate options for eligible applicants. The rate offered to an individual borrower can depend on factors such as credit history, CIBIL score, employment category, monthly income, employer profile and the applicant's relationship with the bank.

The advertised starting rate should not be treated as a guaranteed rate for every applicant. Before accepting a loan, compare the applicable interest rate, processing fee, repayment tenure and other charges stated in the lender's offer and loan documents.

Bank of Baroda Personal Loan EMI Calculator

A Bank of Baroda personal loan EMI calculator can help you estimate your monthly repayment and understand the total interest payable over the selected loan tenure. You need to enter the loan amount, interest rate and repayment tenure to calculate an estimated EMI.

• Loan amount: Enter the amount you plan to borrow.
• Interest rate: Enter the applicable or expected annual interest rate.
• Loan tenure: Select the repayment period in months or years.
• Estimated EMI: The calculator shows the approximate monthly instalment.
• Total interest: You can estimate the interest payable over the selected tenure.
• Total repayment: The calculation helps you understand the overall principal and interest repayment.

Using an EMI calculator before applying can help you compare different loan amounts and tenures and assess whether the expected monthly repayment fits your budget. The actual EMI may differ if the final interest rate, loan amount, fees or other applicable charges differ from the figures used in the calculation.

Eligibility for Bank of Baroda Personal Loan

Bank of Baroda personal loan eligibility depends on the applicable loan scheme, applicant category, income, employment or business profile and other credit assessment factors. The following requirements provide a general guide for prospective borrowers.

• Age: Applicants generally need to be between 21 and 65 years, subject to the applicable scheme and repayment conditions.
• Salaried applicants: Eligible employees of Central or State Government departments, autonomous bodies, public limited companies and joint sector undertakings may qualify, subject to the required period of continuous service.
• Self-employed applicants: Eligible self-employed professionals and business personnel may apply if they meet the applicable experience, income and other requirements.
• Insurance agents: Insurance agents may be eligible subject to the applicable experience and other lending criteria.

Meeting the basic eligibility requirements does not guarantee loan approval. Bank of Baroda evaluates each application based on its internal credit assessment, repayment capacity, existing financial obligations and other applicable criteria.

Documents Required for Bank of Baroda Personal Loan

The documents required for a Bank of Baroda personal loan can vary depending on whether you are salaried, self-employed or applying under a specific loan scheme. Applicants may be asked to provide the following documents during the application and verification process.

• Completed personal loan application form with a recent passport-size photograph.
• Identity proof: Aadhaar card, passport, voter ID, driving licence or another acceptable identity document.
• Address proof: Passport, voter ID, driving licence, utility bill, bank statement, registered rent agreement or another acceptable document.
• Income documents: Recent salary slips and bank statements, where applicable.
• Bank statements: Recent bank account statements as requested by the lender.
• Self-employed applicants: Income tax returns, balance sheet, profit and loss statement, income computation and business proof, where applicable.
• Professional applicants: Relevant professional registration or practice documents, where applicable.
• Additional documents: Bank of Baroda may request further documents to verify identity, income, employment, business activity or repayment capacity.

The exact document requirements can differ by applicant category and loan scheme. Check the latest Bank of Baroda application requirements before submitting your documents.

Bank of Baroda Personal Loan Customer Care

If you have questions about a Bank of Baroda personal loan, eligibility, loan application, repayment or other banking services, you can contact the bank's customer care centre. Bank of Baroda provides 24x7 contact centre support for personal banking services.

• Domestic customers: 1800 5700 / 1800 5000
• Domestic customers calling from abroad: +91 79-66296009
• NRI customers calling from overseas: +91 79-66296629

Customer care numbers and service availability can change. Check the latest contact details on the official Bank of Baroda website before calling.

Bank of Baroda Personal Loan vs Other Public Sector Bank Personal Loans

Bank of Baroda is one of several public sector banks offering personal loans to eligible borrowers. Comparing the interest rate, maximum loan amount, repayment tenure and eligibility requirements can help you understand which loan may be more suitable for your financial profile. The following comparison uses lender-published information available in September 2026. Rates and loan terms can change and may vary by borrower category and loan scheme.

*Interest rates, loan amounts, tenure and eligibility are indicative and depend on the applicable lender scheme and applicant profile. Bank of Baroda's published rates vary by borrower category, while SBI and PNB also publish scheme-specific rates. Canara Bank and Union Bank of India offer multiple personal loan schemes with different pricing and eligibility conditions. Always verify the latest lender-published terms before applying.