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Bank of Baroda Car Loans

Bank
Interest Rate
Processing Fee
Loan Amount
Tenure
Bank of Baroda Car Loan
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0 Reviews

8.85% - 10.6%

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Description:

Do I have an option to pre-close my Car Loan? And, what are the prepayment charges?

Yes, you can pre-close your Bank of Baroda Car Loan. There is no fee applicable if you close your loan account after 6 months of the disbursal.

 

Are there any additional charges if I get a Car Loan?

Yes, when you borrow a Car loan, some of the charges are levied to the borrower in order to avail the finance for Car loan, such as –

 

  • Processing Charges

  • Documentation charges

  • Document Verification/ vetting charges

  • Pre- Inspection (Contact Point Verification-CPV) charges

  • One time post inspection charges

  • Advocate charges for legal opinion

  • Valuer charges for valuation (One time at the time of sanction)

  • Bureau report charges

  • CERSAI charges

  • ITR Verification charges