Bank of Baroda Personal Loan
Planning for a wedding in the family? Maybe it's high time you surprised your spouse with a priceless gift. Or you simply need to spend some quality time with your family on an extended vacation. These are the times when you may need a helping hand to arrange all of this. That's when you can think of personal finance. Bank of baroda personal loan offers financial help to meet your personal and specific requirements. Following are the features of this special personal loan scheme:
· Helps you take care of all kinds of expenses at a short notice
· The Loan may be availed to meet expenses related to marriage, travel, honeymoon, holiday and medical expenditure or for any other personal use
· The loan is also available to pensioners or defence pensioners
· Loan is also available for earnest money deposits for buyers of home or flat or plot
Under this personal loan scheme, minimum loan amount up to rs. 20,000 and maximum loan amount of rs. 2, 00,000 is offered subjected to the condition and terms of this financial solution. For civil pensioners, maximum loan limit is of rs. 1 lakh, for defence pensioners, maximum finance limit is rs. 2 lakhs and for earnest money deposit, maximum loan limit is of rs. 5 lakhs.
As far as repayment of the borrowed finance is concerned, this finance is to be repaid in 36 personal loan emi (equated monthly installments). There is no pre-payment charges are levied on the borrower, if he or she decided to prepay the outstanding loan amount. However, penalty of 2% will be charged on overdue amount. Apply for this personal loan online through online application form, which can be found on the official website of bank. With this approach, your loan application will be processed with speed and simple documents.
