Bank of Baroda
Compare all 6 products from Bank of Baroda in Kenya. Rates from 0%. Borrow up to Ksh 50,000,000.
Fixed Deposits
1| Product | Rate | |
|---|---|---|
Bank of Baroda Fixed Deposit Account | 5.5% - 8% | Apply |
Bank of Baroda Pros & Cons
+Pros
- ✓Low 1.5% processing fee saves thousands
- ✓Extends to 72-month repayment tenure
- ✓Accepts pensioners up to age 65
- ✓High KES 8M ceiling for bigger needs
- ✓Indian banking heritage brings global standards
- ✓Lower 4% cash advance fee (vs 5% competitors)
-Cons
- ✗Limited branch network
- ✗Slower 3-5 day approval than digital lenders
- ✗Early repayment penalty in first year
- ✗Minimum income of KES 30,000 required
- ✗Small branch network (about 15 branches)
- ✗Slow 7-10 day approval
Eligibility Requirements
- ●National ID or passport
- ●KRA PIN
- ●Salary slips or income proof
- ●12 months bank statements
- ●Copy of ID/Passport
- ●KRA PIN Certificate
- ●3 months payslips
- ●Business registration
- ●Audited financials (2 years)
- ●KRA PIN and tax compliance
Frequently Asked Questions
What interest rates does Bank of Baroda offer?
Bank of Baroda offers interest rates ranging from 0% to 15% across their 6 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from Bank of Baroda?
Bank of Baroda offers loan amounts from Ksh 100,000 up to Ksh 50,000,000 depending on the product and your eligibility.
How fast does Bank of Baroda disburse loans?
The fastest disbursement time from Bank of Baroda is 3-5 working days. Actual processing time varies by product type and application completeness.
Does Bank of Baroda require CRB clearance?
Yes, Bank of Baroda requires CRB clearance for some or all of their products. A clean credit history improves your chances of approval and may qualify you for better rates.
How many products does Bank of Baroda offer on PesaMarket?
Bank of Baroda currently has 6 products listed on PesaMarket across 6 categories: Business Loans, Credit Cards, Current Accounts, Fixed Deposits, Personal Loans, Savings Accounts.
Products Available
Compare Bank of Baroda With
Best For
- ✓Indian diaspora and NRI customers
- ✓Kenya-India trade professionals
- ✓Pensioners needing personal loans
- ✓Long-tenure borrowers (6 years)
- ✓Pensioners needing credit cards
- ✓Kenya-India frequent travelers
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