Baroda COVID Personal Loan 2.0

Low interest rate i.e. 2.00% over BRLLR +SP, irrespective of CIBIL Score. But not lower than the ROI of the linked loan.

Low Processing fee.

NIL prepayment charges

For meeting of expenses for COVID treatment or temporary liquidity mismatch due to COVID- 19, Other than speculations.

Minimum: Rs. 25,000/-

Maximum: Rs. 5.00 Lacs

Subject to Maximum

10% of original sanctioned limit of linked Home Loan.

10% of original sanctioned limit of linked LAP.

For Auto Loan linked accounts,

20% of Original sanctioned limit of linked Auto Loan; and

Total of Present outstanding in linked Auto loan account and proposed sanctioned limit under Baroda Personal Loan COVID 19 Scheme 2.0 should not exceed 85 % latest insured Value* of the underlying asset i.e., Vehicle (Lower of a & b above)

Existing Retail Assets Customers:

Home Loan (all variants) with minimum -6- month’s relationship

Loan against Property with minimum -6- month’s relationship.

Auto Loan with minimum 12 month’s relationship.

Subject to

• Loan is fully disbursed and moratorium period completed.
• Min. three instalments paid.
• Charge on the security is created and registered in CERSAI (Wherever applicable).
• Account should not be 30+ DPD (Note: Staff members, credit facility given to non-individuals and Borrowers enjoying Over Draft limit are not eligible)