Bank of Baroda: The loan application process has now become entirely digitalized, eliminating the need to physically visit bank branches. If you are feeling overwhelmed by the process of applying for a loan and exhausted from visiting multiple bank branches, then you no longer have to worry.
Bank of Baroda has initiated the convenience of applying for personal loans online for its customers.
Documents required for loan To get a personal loan, you will need some basic documents. These include:
✔️ Aadhaar card
✔️ PAN card
✔️ Electricity bill (as residential proof)
✔️ Birth certificate
Apply for loan online
Navigate to Bank of Baroda’s official website and select the “Loan” option displayed on the home page. By clicking on this option, you can proceed to apply for a personal loan. Throughout this process, you will need to input your personal details, including your name, mobile number, Aadhaar number, bank account details, and so forth.
Verification and further processing
Following the submission of information, you will receive an OTP on your registered mobile number to verify the submission. After entering the OTP, you will advance to the subsequent phase. Here, you will need to provide details such as the name of your branch, district, and additional information pertinent to the loan application.
Application submission
After filling out all the information, you need to click on the submit button. However, before doing so, you should review the provided details once to ensure there are no errors. Once the application is submitted, the bank will contact you to proceed with the further process.
Simple and convenient process
Bank of Baroda has completely digitized and simplified the process of availing personal loans. Now, you can apply for a loan from the comfort of your home.
This not only saves time but also ensures hassle-free procedures. Begin your personal loan application process today by visiting the bank’s website.