Hi below I have given you the details for the personal loan from the Bank of Baroda so you can have a look

BOB Bank Personal Loan Eligibility

The Scheme is based on the concept of 'CHECK - OFF'.

'CHECK - OFF' by which the salary disbursing authority undertakes to deduct loan installments from the salary of the borrower and remits the same to the Bank for credit of the Loan account

You must be a permanent confirmed employees of Central/State Govt. /Autonomous Bodies /Public/

Employees of Proprietorship, Partnership firms and Pvt. Ltd. companies are not eligible

Employees maintaining any Salary linked Loan/ Overdraft accounts with any Bank are not eligible for this Scheme

Age Limit

Minimum Age
21 Years

Maximum Age
Age of Borrower plus repayment period should not exceed retirement age


Minimum Net Monthly Income (NMI)

Minimum Net Monthly Income (NMI) of the employee should be Rs.10,000/-


Loan Limit

: Rs. 10.00 Lacs or 24 times of Net Monthly Income (NMI) which ever is lower.

: Rs. 5.00 Lacs or 24 times of Net Monthly Income (NMI) which ever is lower.

Repayment

Maximum -84 months in Equated Monthly Installments