Product details
What you need to know
What to check
Understand Bank of Baroda UAE Car Loan
Bank of Baroda UAE Car Loan is a auto loans product from Bank of Baroda. Check the down payment, rate, term, processing fee, insurance and early settlement conditions.
Published details
- Minimum Salary: AED 4,000
- Maximum Loan Amount New Car: AED 1,250,000
- Maximum Loan Amount Used Car: AED 125,000
- Maximum Finance New Car: 80%
- Maximum Finance Used Car: 70%
- Maximum Tenor New Car: 48 months
- Maximum Tenor Used Car: 36 months
- Reducing Interest Rate: 5.50% to 7.50% p.a., depending on monthly income
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓Your salary is at least AED 4,000
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You do not meet the listed salary requirement
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Minimum salary | AED 4,000 | Official page | High |
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |