BOB Loan Calculator

Bank of Baroda (BOB) is one of India's leading public sector banks, offering comprehensive loan solutions across India, Bhutan, and the UAE. With over a century of banking excellence, BOB provides competitive interest rates, flexible repayment options, and personalized service to meet diverse financial needs.

Personal Loans: BOB personal loans are designed for various personal expenses including medical emergencies, wedding expenses, home renovation, travel, or debt consolidation. The loan amount ranges from ₹50,000 to ₹10 lakhs with flexible repayment tenures up to 7 years. Interest rates are competitive, starting from 10.75% per annum, making personal loans accessible for salaried individuals and self-employed professionals.

Home Loans: BOB home loans help you realize your dream of owning a home. With competitive interest rates starting from 8.50% per annum, you can finance up to 90% of the property value. The loan tenure can extend up to 30 years, making monthly EMIs affordable. BOB offers special schemes for government employees, women borrowers, and first-time homebuyers. The bank also provides top-up loans, balance transfer facilities, and prepayment options to help you manage your home loan effectively.

Gold Loans: BOB gold loans allow you to leverage your gold assets without selling them. You can get a loan of up to 75% of the gold's market value at competitive interest rates starting from 9.25% per annum. The loan is processed quickly with minimal documentation, making it perfect for urgent financial needs. Gold loans are available for tenures up to 3 years, and you can make prepayments to reduce interest costs.

Car Loans: BOB car loans make vehicle ownership accessible with attractive interest rates starting from 8.75% per annum and flexible repayment options. Whether you're buying a new car or a used car, BOB offers financing solutions tailored to your needs. The loan amount can cover up to 90% of the car's value for new vehicles and up to 85% for used vehicles. Repayment tenures range from 1 to 7 years, allowing you to choose an EMI that fits your budget.

Education Loans: BOB education loans support your educational aspirations by covering tuition fees, accommodation, books, and other related expenses. Interest rates start from 8.25% per annum, and the loan can be repaid after course completion with a moratorium period available. BOB offers education loans for studies in India and abroad, with loan amounts up to ₹1.5 crores for international studies. The repayment tenure can extend up to 15 years, giving you flexibility in managing your finances after completing your education.

Eligibility Based on Salary: BOB offers special benefits for salary account holders, including preferential interest rates, higher loan eligibility, faster processing, and reduced processing fees. The eligibility is calculated based on your monthly salary, with banks typically allowing up to 60% of net salary for EMI payments. This calculator helps you determine your maximum loan eligibility based on your salary and existing EMIs, ensuring you can plan your finances effectively.

Regional Presence: Bank of Baroda has a strong presence in India, Bhutan, and the UAE, offering localized loan products and services. Interest rates and terms may vary slightly by region, and this calculator accounts for these differences. Whether you're in India, Bhutan, or the UAE, BOB provides reliable banking services and loan solutions to help you achieve your financial goals.

Use this BOB loan calculator to plan your loan repayment, understand your EMI obligations, check eligibility based on your salary, and explore prepayment options to save on interest. The calculator provides detailed amortization schedules and allows you to export the payment schedule for your records. Whether you're planning a home purchase, vehicle financing, education expenses, or need a personal loan, this calculator helps you make informed financial decisions.