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Bank of Baroda Slashes Car Loan Rates Ahead of Festive Season
The Business Guardian
|September 01, 2025
Bank of Baroda cuts car and mortgage loan interest rates to boost festive season affordability.
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Bank of Baroda has this week announced a reduction in its car loan interest rates to mark the beginning of the festive season. According to Bank of Baroda, floating car loan interest rates now start from 8.15 per cent per annum (earlier 8.40 per cent per annum), with immediate effect. The rate cut is over and above the rate reduction by the Bank, post the 100 basis points cut in the policy repo rate by the Reserve Bank of India (RBI). The new rate beginning at 8.15 per cent per annum is applicable on loa
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