Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Interest rate1-year MCLR + 2.00% to 3.50%, stated on the page as 10.75%–12.25%. Women borrowers and EV buyers receive a 0.50% concession over the applicable rate; concessions cannot be clubbed and are capped at 0.50%.View source
The page states 1 year + 2.00% to 3.50%, i.e. 10.75% to 12.25%, plus the 0.50% women/EV concession rule.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Interest rates & charges — Rate of Interest and Concession
- Accessed
- 15 Sept 2026
- Confidence
- high
Loan amount₹50,000 to ₹3 lakh. The Benefits section separately advertises up to 93% finance; MITC states a 7% margin on ex-showroom price plus RTO charges.View source
Features publish ₹50,000–₹3 lakh; Benefits say up to 93% finance; publishes a 7% margin on ex-showroom price plus RTO charges.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Benefits — Up to 93% finance; Features — Loan Amount; — Loan Limit and Margin
- Accessed
- 15 Sept 2026
- Confidence
- high
Maximum tenure12 to 60 months.View source
The lists a minimum 12-month and maximum 60-month repayment period.
- Source
- Digital Two-Wheeler Loan
- Page / section
- — Repayment Period
- Accessed
- 21 Aug 2026
- Confidence
- high
Processing fee2% of the loan amount, subject to a minimum of ₹1,000 plus GST. Processing charges, GST and stamp duty must be paid upfront before e-stamping/
The page states 2% of loan amount, minimum ₹1,000 plus , and explains when the applicant must pay processing charges, and stamp duty.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Interest rates & charges — Unified Processing Charges; — payment of charges
- Accessed
- 15 Sept 2026
- Confidence
- high
EligibilitySalaried employees of Central/
The page lists salaried and self-employed groups, six completed months of savings-account relationship and the salary-credit/account-conduct conditions.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Eligibility; — Account Relationship
- Accessed
- 15 Sept 2026
- Confidence
- high
Loan typeEnd-to-end digital two-wheeler loan for purchase of a new two-wheeler.View source
The page states the purpose is purchase of a new two-wheeler and advertises an end-to-end digital journey.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Features — Purpose of Loan; Benefits — End-to-end digital journey
- Accessed
- 15 Sept 2026
- Confidence
- high
Loan amount₹50,000 to ₹3 lakh.View source
The page publishes minimum ₹50,000 and maximum ₹3 lakh.
- Source
- Digital Two-Wheeler Loan
- Page / section
- Features / — Loan Limit
- Accessed
- 21 Aug 2026
- Confidence
- high
Repayment tenureThe Features section says 12–84 months; the MITC repayment-period row says 12–60 months. The two published ranges are retained as a page conflict and should be confirmed for the selected digital journey.View source
Features publish 12 to 84 months, while the row publishes minimum 12 and maximum 60 months.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Features — Repayment Period; — Repayment Period
- Accessed
- 15 Sept 2026
- Confidence
- high
Minimum incomeSalaried applicants: average net salary of at least ₹20,000 for the last three months; new-to-credit salaried customers: at least ₹25,000. Self-employed individuals: minimum gross annual income ₹2,40,000.View source
The eligibility section publishes ₹20,000 average net salary over the last 3 months, ₹25,000 for new-to-credit salaried customers and ₹2,40,000 gross annual income for self-employed individuals.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Eligibility — Salaried; Self-employed Individual
- Accessed
- 15 Sept 2026
- Confidence
- high
Prepayment / part-payment2% plus GST on the amount prepaid when the prepaid amount is above ₹10,000 during the first one year of the loan period. The product page's one-year rule is retained instead of the older generic two-wheeler two-year note.View source
The product-specific page states 2% + above ₹10,000 during the first 1 year of the loan period.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Interest rates & charges — Prepayment Charges; — Pre-payment/Part payment charges
- Accessed
- 15 Sept 2026
- Confidence
- high
AgeMinimum age 21 years. At the end of tenor, maximum age is 58 years for salaried applicants and 65 years for self-employed applicants.View source
The page publishes minimum age 21 and maximum age at end of tenor of 58 salaried /65 self-employed.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Features — Age criteria; — Age
- Accessed
- 15 Sept 2026
- Confidence
- high
Credit-score ruleThe MITC requires a CIBIL CV score of 726; new-to-credit salaried customers are also identified as eligible in the bureau-score validation row.View source
The Bureau Score validation row states CV Score (CV) of 726 and New to Credit salaried customers.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- — Bureau Score validation
- Accessed
- 15 Sept 2026
- Confidence
- high
Stamp dutyAs per the applicable state stamp act; the applicant pays it upfront with processing charges and GST before digital execution.View source
The page says stamp duty is as per state stamp act and must be paid before e-stamping/e-signing.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Interest rates & charges — Stamp duty; — payment of charges
- Accessed
- 15 Sept 2026
- Confidence
- high
Penal charges2% p.a. on overdue amounts for delayed payment of instalments, interest, service charges or bills, calculated for the actual default days and debited monthly. A separate 2% p.a. applies to outstanding credit facilities during the default period for non-submission of sanction documents, failure to perfect security or another material sanction breach.View source
The page publishes two 2% p.a. penal-charge cases and specifies actual-days calculation and monthly debit for overdue payments.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Interest rates & charges — Penal Charges
- Accessed
- 15 Sept 2026
- Confidence
- high
SecurityHypothecation of the financed vehicle.View source
The Security row says hypothecation of vehicle financed.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- — Security
- Accessed
- 15 Sept 2026
- Confidence
- high
Vehicle insuranceComprehensive vehicle insurance with Bank of Baroda's clause is required.View source
The Insurance row requires comprehensive insurance of the vehicle with the Bank's clause.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- — Insurance
- Accessed
- 15 Sept 2026
- Confidence
- high
Required documentsValid mobile number linked with Aadhaar; PAN; Aadhaar; digitally generated bank-account statement for the last six months; web camera for photographs and video KYC. Self-employed applicants additionally need ITR e-filing credentials or digitally generated ITR-3/
The Documents Required section lists Aadhaar-linked mobile, , Aadhaar, six-month digital statement, video- camera and self-employed two-year -3/-4; the note defines the accepted digital formats.
- Source
- Digital Two-Wheeler Loan — current official page review
- Page / section
- Documents Required
- Accessed
- 15 Sept 2026
- Confidence
- high
Geographic limitsSalaried employees of Central/
The manually reviewed product record states: “Salaried employees of Central/State Government, , autonomous bodies, listed public limited or private limited companies, trusts or ; or self-employed professionals (including doctors, engineers, architects, interior designers, technology-management consultants and practising company secretaries), insurance agents and self-employed businesspersons. A six-month savings-account relationship with any bank is required; salary must be credited for salaried applicants and account conduct satisfactory for self-employed applicants.”.
- Source
- Digital Two-Wheeler Loan — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
BenchmarkMCLR + 2View source
The manually reviewed product record states: “1-year + 2.00% to 3.50%, stated on the page as 10.75%–12.25%. Women borrowers and EV buyers receive a 0.50% concession over the applicable rate; concessions cannot be clubbed and are capped at 0.50%.”.
- Source
- Digital Two-Wheeler Loan — official product page
- Page / section
- Published product metadata
- Accessed
- 15 Aug 2026
- Confidence
- high
Benefits and features
- End-to-end digital journey.
- Concessional interest rates and processing fees.
- Up to 93% finance.
- Existing-to-bank and new-to-bank customers are eligible.
Eligibility
- Salaried applicants must work for an eligible government, , autonomous body, listed or private limited company, trust or ; average net salary for the last three months must be at least ₹20,000, or ₹25,000 for new-to-credit customers.
- Self-employed professionals and businesspersons can apply; minimum gross annual income is ₹2,40,000.
- The loan is for a new two-wheeler; the published loan amount is ₹50,000 to ₹3 lakh and the repayment period is 12 to 84 months.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Valid mobile number linked with Aadhaar.
- number and Aadhaar number.
- Digitally generated bank-account statement for the last six months.
- Self-employed applicants: e-filing credentials or digitally generated -3/
-4 for the last two years. - Web camera for photographs and video .
Related official documents
Digital Two-Wheeler Loan — current official page reviewofficial-product-page · current · accessed 15 Sept 2026
↗Bank of Baroda service charges — fixed-rate retail prepayment and two-wheeler rulesofficial-service-charge-page · current · accessed 29 Aug 2026
↗Bank of Baroda loan APR auditofficial-product-pages-and-rate-table · current-at-review · accessed 29 Sept 2026
↗Retail Loans Interest Rates — current BRLLR/MCLR benchmarks and pre-owned auto rate rowsofficial-rate-page · Current official schedule manually rechecked 2026-09-27; dedicated product-page range and GCLI wording conflict with this schedule · accessed 27 Sept 2026
↗Service Charges — retail loan rate-conversion and auto-loan prepayment scheduleofficial-service-charge-page · Current official service-charge page manually rechecked 2026-09-27; schedule itself identifies effective date 2025-04-01 · accessed 27 Sept 2026
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