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Explore car loans from Bank of Baroda

  • Eligibility
  • Loan Amount
  • Repayment Period
  • Fees and Charges
  • Terms & Conditions
  • Individuals of Fiji citizenship who have attained the age of twenty one years. Total deduction should not exceed 60% of the salary net of statutory deduction and taxes.
  Maximum Amount Minimum Margin Contribution on value of vehicle Maximum Repayment Period
New Car $60000 15% 60 months
Re-conditioned car $35000 20% 48 months
Second hand car (Not more than 5 years old) $20000 30% 36 months
Maximum Amount Minimum Margin Contribution on value of vehicle Maximum Repayment Period
New Car $60000 15% 60 months
Re-conditioned car $35000 20% 48 months
Second hand car (Not more than 5 years old) $20000 30% 36 months
Credit Service Fee
0.10% per month of remaining balance (minimum $10.00 per month)

Establishment Fees
1.00% of Loan Amount

Inspection Fees
Upto $1,500.00 Free
From $1,501.00 To $10,000.00 $50.00 per visit
From $10,001 To $25,000.00 $75.00 per visit
From $25,001.00 To $50,000.00 $100.00 per visit
From $50,001.00 To $100,000.00 $150.00 per visit
Above $100,000 $200.00 per visit

Security Document Handling Fees
Upto $1,000.00 Free
Above $1,000.00
One Document $100.00
Additinal Document $40.00 per document
(Solicitor charges + out of pocket expenses to be recoverred seperately)

Loan Arrear Fees
Upto $500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $501.00 To $1,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $1,001.00 To $2,500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $2,501.00 To $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
Above $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month

Opinion Fees
Local $25.00 + Out of Pocket Expenses
Overseas $50.00 + Out of Poecket Expenses

Modification in Terms and Conditions
For each modification $100.00

Stamping/Unstamping Charges
$15.00 + out of pocket expenses

Document Discharge Fees
 $100.00 per document   

Settlement Fees
$150.00 per settlement

Search Fees
$30.00 subsequent $10.00 per hour

Data Bureau Charges
$17.00

Duplicate Statement Fees
$5.00 per page Computer Printout
$7.50 per page statement

Establishment Fees
1.00% of Loan Amount

Inspection Fees
Upto $1,500.00 Free
From $1,501.00 To $10,000.00 $50.00 per visit
From $10,001 To $25,000.00 $75.00 per visit
From $25,001.00 To $50,000.00 $100.00 per visit
From $50,001.00 To $100,000.00 $150.00 per visit
Above $100,000 $200.00 per visit

Security Document Handling Fees
Upto $1,000.00 Free
Above $1,000.00
One Document $100.00
Additinal Document $40.00 per document
(Solicitor charges + out of pocket expenses to be recoverred seperately)

Loan Arrear Fees
Upto $500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $501.00 To $1,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $1,001.00 To $2,500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $2,501.00 To $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
Above $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month

Opinion Fees
Local $25.00 + Out of Pocket Expenses
Overseas $50.00 + Out of Poecket Expenses

Modification in Terms and Conditions
For each modification $100.00

Stamping/Unstamping Charges
$15.00 + out of pocket expenses

Document Discharge Fees
 $100.00 per document   

Settlement Fees
$150.00 per settlement

Search Fees
$30.00 subsequent $10.00 per hour

Data Bureau Charges
$17.00

Duplicate Statement Fees
$5.00 per page Computer Printout
$7.50 per page statement
  • Bill of sale over vehicle as security to be created in bank’s favour.
  • Comprehensive Insurance policy with Bank's interest noted with insurance company to be obtained.
  • Bank’s charge is to be noted with Land Transport Authority (LTA).
  • In case of reconditioned / second hand car, its valuation report from reputed garage is to be obtained.
  • First installment shall fall due on the following month of disbursement and subsequent installment to be paid before the end of the month.
  • Terms and Conditions apply
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