Bank of Baroda Slashes Car Loan Rates to 7.60%, Boosts Affordability

• Bank of Baroda reduced car loan interest rates by 30 basis points.
• Floating rate now starts at 7.60% p.a., down from 7.90%.
• Fixed-rate car loans start at 8.50% p.a.
• No prepayment or part-payment fees on floating-rate car loans for individual borrowers.
• Repayment tenures available for up to 84 months.