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Bank of Baroda Car Loan EMI Calculator 2026

Calculate your Bank of Baroda car loan EMI instantly. Current rate starts from 8.65 - 10.90% p.a. with tenure up to 7 years.

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Bank of Baroda Car Loan Details 2026

Interest Rate
8.65 - 10.90% p.a.
Max Tenure
7 Years
Processing Fee
₹1,500 + GST
Prepayment Charges
Nil after 12 months for floating

Bank of Baroda offers car loan starting from 8.65 - 10.90% per annum with a maximum tenure of 7 years. The processing fee is ₹1,500 + GST. Prepayment policy: Nil after 12 months for floating.

EMI for Different Loan Amounts at 8.65% p.a.

Tenure: 5 years

Loan AmountMonthly EMITotal InterestTotal Payment
₹3 Lakh₹6,177₹70,620₹3,70,620
₹4 Lakh₹8,236₹94,160₹4,94,160
₹5 Lakh₹10,294₹1,17,640₹6,17,640
₹6 Lakh₹12,353₹1,41,180₹7,41,180
₹7 Lakh₹14,412₹1,64,720₹8,64,720
₹8 Lakh₹16,471₹1,88,260₹9,88,260
₹9 Lakh₹18,530₹2,11,800₹11,11,800
₹10 Lakh₹20,589₹2,35,340₹12,35,340
₹12 Lakh₹24,707₹2,82,420₹14,82,420
₹15 Lakh₹30,883₹3,52,980₹18,52,980
₹20 Lakh₹41,178₹4,70,680₹24,70,680

Frequently Asked Questions

What is the Bank of Baroda Car Loan interest rate in 2026?

Bank of Baroda offers Car Loan at interest rates starting from 8.65 - 10.90% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.

What is the EMI for ₹8 Lakh Car Loan from Bank of Baroda?

The EMI for a ₹8 Lakh Car Loan from Bank of Baroda at 8.65% for 5 years is approximately ₹16,471 per month. Use the calculator above to check EMI for different amounts.

What is the maximum Car Loan amount offered by Bank of Baroda?

Bank of Baroda offers Car Loan up to ₹1 Crore with a maximum tenure of 7 years, subject to eligibility criteria and income assessment.

What are Bank of Baroda Car Loan processing fees?

The processing fee for Bank of Baroda Car Loan is ₹1,500 + GST. Prepayment charges: Nil after 12 months for floating.

How to apply for Bank of Baroda Car Loan?

You can apply for Bank of Baroda Car Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.