BOB Personal Loan of 25000

A Bank of Baroda Personal Loan of ₹25,000 is an attractive credit option. Eligible applicants can typically expect fund disbursement within 2 days, along with competitive interest rates and favourable terms. As it falls under collateral-free finance, the applicants are not required to pledge any of their assets as collateral or security. Moreover, the bank is ready to offer the necessary funds for any of your personal needs, including medical emergencies, debt consolidation, home repair, and even buying gadgets. For a complete overview of this borrower-friendly personal loan, continue scrolling down. 

25,000  Personal Loan Bank of Baroda – Highlights

The following are the key parameters of a Bank of Baroda personal loan for ₹25,000:

Loan Amount	Rs 25,000
Interest Rates	12.40% to 17.75% p.a.
Loan Tenure	Up to 5 years
Eligibility	Both salaried and self-employed individuals

25,000 Personal Loan EMI for 5 Years 

₹25,000 personal loan EMIs from the Bank of Baroda, spanning 1 to 5 years, with an interest rate of 12.40%, are as follows:

Loan Tenure	EMI Amount	Interest Payable	Total Amount Payable
1 year	₹2,226	₹1,711	₹26,711
2 years	₹1,182	₹3,356	₹28,356
3 years	₹835	₹5,065	₹30,065
4 years	₹663	₹6,837	₹31,837
5 years	₹561	₹8,671	₹33,671

Compare ₹25,000 Personal Loan From Other Banks & NBFCs

Here is the comparison of an instant ₹25,000 loan from Bank of Baroda with other leading banks and NBFCs across India:

Lender	Interest Rate (p.a.)	Processing Fee	Max. Loan Tenure
State Bank of India	10.55% onwards	Up to 0.75% of the loan amount	6 years
IDBI Bank	9.50% onwards	1 % of the loan amount	6 years
Kotak Mahindra Bank	10.99% onwards	Up to 3% of the loan amount	6 years
Tata Capital	10.99% onwards	3.5% of the loan amount	6 years

25,000 Bank of Baroda Home Loan – Fees and Charges

Following are the relevant fees and charges for a Bank of Baroda personal loan for ₹25,000:

Fee/Charge	Amount
Processing Fee	1% to 2% of the loan amount
Prepayment Charges	2% to 4% of the prepaid amount

25,000 Bank of Baroda Home Loan – Documents Required

To apply for a ₹25,000 personal loan from Bank of Baroda, you will need to provide several documents. For proof of identity, acceptable documents include Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License. Proof of address can be established through documents like Passport, Driving License, or a Registered Rent Agreement. Additionally, the bank requires proof of income, which can be demonstrated by submitting a bank statement covering the last 6 months. As part of employment verification, applicants are required to submit their salary slips. Ensuring the submission of these documents is crucial to the loan application process with Bank of Baroda.

25,000 Bank of Baroda Home Loan – Eligibility Criteria

To be eligible for a ₹25,000 personal loan from Bank of Baroda, applicants must meet certain criteria. Individuals must be aged between 21 and 60 years, possess a stable source of income sufficient to cover the loan EMIs, and have a minimum of one year of work experience. Additionally, a favourable credit score and a positive repayment history are essential for loan approval. Meeting these eligibility requirements ensures that applicants are financially stable and have a reliable background, contributing to the bank’s confidence in their ability to repay the loan.