Bank of Baroda is offering personal loan of up to Rs 5 lakh to its existing retail borrowers to meet their liquidity demand amid the COVID-19 crisis. The lender is offering this loan to its existing borrowers who have taken home loan, loan against property or auto loan, and have a credit score of 650 and above.
The objective of Baroda Personal Loan COVID19 is to provide ease to tide over the liquidity mismatch to existing customers. The customer may approach their existing branches to avail this personal loan up to a maximum limit Rs 5 lakh in a hassle free manner. The loan is being offered for a period of five years and at an interest rate starting from 10.25 per cent.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
