Baroda Digital Personal Loan

Loan amount above Rs.50,000/-

• Min: BRLLR+SP+3.00
• Max: BRLLR+SP+8.35

12.40% to 17.75%

Unified Processing Charges

• Processing charge @2% of loan amount + Applicable GST
• Min- Rs.1,000/- + GST
• Max- Rs,10,000/- + GST

Stamp duty

As per state stamp act

Loan Limit

Minimum: Above Rs. 50,000

Maximum:

Rs. 10 Lakhs (Existing To Bank customers-ETB)

Rs. 5 Lakhs (New To Bank customers-NTB)

Rs. 5 lakhs (New to Credit customers-NTC)

Repayment Period

Digital Personal Loan: 12-60 months

Age

Minimum - 21 Years

Maximum age at the end of tenor:

For salaried -58 years

For self-employed - 65 years

Pre Closure Charges

NIL

Penal interest

Penal Interest @ 2% shall be levied on overdue amount.

FOIR

For Salaried

*Net Monthly Income: Average of last -6- Months' Net Monthly salary credited in the Bank Account.

** Deductions: Monthly EMI obligations (Declared by applicant or fetched from Bureau reports whichever is higher).

For Self Employed

*Gross Monthly Income: Gross Monthly Income will be worked out as - Average of Last -2- years' Gross Annual Income as per ITR divided by 12 months.

** Deductions: Monthly EMI obligations (Declared by applicant or fetched from Bureau reports whichever is higher), Proportionate monthly income tax liability (Last year's income tax paid /12).