Bank of Baroda Car Loan
Dream to own a car but do not have fund? Bank of Baroda offers various financing options to suit your need and match with your status and taste. The bank offers loans for any car model including Gas-Kit. The car loans by the bank also offer add-on facility for installation of CNG / LPG gas-kit.
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount The maximum loan amount is Rs. 100 Lakhs, or twice of your gross annual income if you are salaried, and thrice of it (average of last 2 years gross annual income) if you are a businessman, whichever is lower. Loans available up to Rs 100 Lacs for any car make/model (Inclusive of Gas-Kit)Maximum loans upto Rs 0.25 lac available for installation of CNG/LPG Gas-Kit in new/old (not more than 3 years) four-wheeler, if taken separately.
Tenure Min. - 12 months.
Max. - 84 months.
Min. - 12 months.
Max. - 36 months.
Interest Rate 10.5 % 10.5 %
Time to Process Loan 7 days 2 days
Preferred Manufacturers Maruti Chevorlet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota
 Fees & charges
 Special Offers
 Eligibility Criteria
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