Public sector bank
Bank of Baroda
A large public sector bank with competitive retail rates and a deep MSME franchise.
Best for: Salaried home and car buyers and MSMEs seeking bank pricing.
Apply with pre-screening
We check your profile against BoB's policy and others on the panel before any application.
Typical strengths
- Competitive home and car loan rates
- Strong MSME lending
- Wide branch presence in western and northern India
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by Bank of Baroda under its credit policy.
Products
What we arrange with BoB
- Personal Loan
- Home Loan
- Car Loan
- Education Loan
- Gold Loan
- Business Loan
- Loan Against Property
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Car Loan
New car loans covering up to 100% of on-road price at rates from about 8.5% p.a., with tenures up to 7 years, across banks and captive finance companies.
- Rate from
- 8.50% p.a.
- Up to
- ₹2 Cr
Education Loan
Education loans for studies in India and abroad, from ₹2 lakh to ₹1.5 crore, at rates from about 8.5% p.a., with moratorium during the course and tenures up to 15 years.
- Rate from
- 8.50% p.a.
- Up to
- ₹1.5 Cr
Our read
Where BoB fits
Bank of Baroda is a practical alternative when you want public sector pricing without defaulting automatically to the largest lender. Retail rates on home and car loans are competitive, and the MSME franchise is deeper than most borrowers expect, particularly across western and northern India where the branch network is densest.
For a salaried borrower with documented income and a standard property, the outcome here is often close to the best public sector quote available, with a process that can be marginally more responsive at a well-run branch. We place files here when the profile is straightforward and the borrower values rate over speed.
Worth knowing
- As with any branch-led public sector lender, the experience depends heavily on the branch handling your file.
- Appetite for non-standard property or informal income is limited; those files belong with a housing finance company.
Our assessment, not a statement of Bank of Baroda’s policy. Terms are set by the lender and can change.
Questions
BoB: common questions
How does this compare with the largest public sector bank?
Pricing is usually in the same territory, so the decision often comes down to branch responsiveness and which scheme you qualify for. We quote both rather than assuming the biggest name wins.
Is it a good option for an MSME?
The MSME franchise is genuinely deep, particularly in western and northern India. A firm with clean books and consistent banking is a reasonable fit, and we assess that before applying.
Can I transfer an existing home loan here?
A balance transfer is possible where the rate gap justifies the switching cost. We calculate whether it actually saves you money, including fees, before recommending it.
Compare
Other public sector banks on the panel
The best lender for you depends on your profile. We compare before you apply.
State Bank of India
Public sector bankGovernment employees, home buyers seeking the lowest published rates, and education loan applicants.
Punjab National Bank
Public sector bankGovernment and PSU employees in North India.
Union Bank of India
Public sector bankHome buyers seeking public sector bank pricing.
Is BoB the right lender for you?
Share your requirement and we will compare it against the whole panel, at no cost and with no bureau enquiry.