Bank of Baroda launches new facility: If you are a customer of Bank of Baroda. So you can take a pre-approved micro personal loan for retail shopping too. This loan will be approved by Bank of Baroda’s app M-connect in just 60 seconds.
new Delhi. Bank of Baroda, the country’s third largest state-run bank, has started its own digital lending platform. Through this you can get a loan through online process according to your time and place in a few minutes. Bank of Baroda Executive Director Vikramaditya Singh Khini said that, considering the difficulties faced by customers for home loans, car loans and personal loans, Bank of Baroda has introduced this facility. According to him, with the help of this platform, home loan, car loan and personal loan applications of customers will be approved in 30 minutes. Let us know how you will get the benefit of this facility.
Retail shopping can also be made by EMI – if you are a customer of Bank of Baroda. So you can take a pre-approved micro personal loan for retail shopping too. This loan will be approved by Bank of Baroda’s app M-Connect in just 60 seconds. On the other hand, if you want, you can also ask for this amount in your savings account. With this, Bank of Baroda will also give an EMI option of 3 to 18 months to return this amount.
Loan approval will be done in half an hour – Home loan, car loan and personal loan will be approved in just half an hour through BoB’s new digital lending platform. Digital loan processes are met through various sources of the financial profile of the loan applicant. This new feature of BoB can be availed through website, mobile banking, internet banking.
Loan will be available immediately on the basis of FD- Against the Fixed Deposits (FD), the bank is also offering loans, ie the customers who have FD in the bank, they can take loans immediately through mobile banking or net banking.
