How to Know the Balance of My Loan in BoB

Documenting every transaction you do to pay back your debt is crucial. As a result, the bank gives you a personal statement containing information on the loan you have requested and the transactions you have performed.

Your loan statement reveals information such as the details of the personal loan scheme you availed of, your loan amount, the repayment period, and if your interest is fixed or variable. It also has details of the due date, the cost of the subsequent EMI, and the deadline for payment.

Bank of Baroda is one of the well-known banks in India. It provides a wide range of financial services, including personal loans. If you have applied for a loan from the Bank of Baroda, you can monitor your loan application status online or offline through their online loan app.

My Loan

How To View the Statement for Your Personal Loan

There are many ways to see your loan statement online. Some of them are:

1. Through net banking

Today, many lenders offer financial products and services through the Internet. You can easily view your loan statement online by logging into your net banking account on the lender’s official website.

You can get your loan details by visiting the “loan” section of the lender’s website. You may read your loan statement online or download and save it on your computer for future reference.

2. Through the login portal

If you go to a bank’s official website, you can view “loan” under the “products” section. Select “personal loan” from the loans section, and you will be directed to another webpage. You can view your loan statement by selecting “Login” and entering your login information.

3. Through the mobile app

You can easily download the bank’s online loan app on your smartphone. Enter your login information and select “loan.” You can view the details of your loan along with your loan statement.

4. Through Email ID

You can email the bank requesting them to share your loan e-statement on your email address. Also, you can opt for periodical e-statements. Using online banking features, you can enter your email address to get e-statements.

5. Customer Care

You can also contact the bank‘s customer service department, where a bank employee will assist you in accessing your loan statement online.

What Do You Need to Verify Your Loan Balance with Bank of Baroda

You need three things to find out the status of your loan:

  • ID for the proposal acknowledgment (reference number)
  • Unique Tracking Number
  • Your mobile phone number

Using reference numbers: When you apply for a loan, the bank will send you a reference number on the mobile phone number you provided during the application process. Please keep this number confidential; it’s crucial. You will need this reference number to check your loan details. The unique tracking number can be used to verify the information.

How to Access the Balance of Your BoB Loan

You can use the Bank of Baroda’s online loan tracking system to view the loan balance of a loan. To view your loan balance, log into your account and select that option. You will see all the information about your loan, such as the total amount owed, due date, interest rate, etc. Other services available include payment tracking and loan payback plans.

If you have any loan questions, their helpful team will assist you. If you have questions or need explanations, contact the Bank of Baroda customer service department and speak to a representative. The bank provides customer support around-the-clock and can help you with any problem relating to your loan.

For this reason, if you have to check a BoB loan balance, use their online resources and get assistance from the customer service staff. They will ensure everything is in order and assist you in obtaining the most recent information about your loan.

Conclusion

One of the simplest ways to verify your loan status is online. Log into your Bank of Baroda account to view the specifics of your loan. If you already have an account with the bank, you can use the Internet banking feature to check your details. You may also check your loan information via their online app, Baroda M-Connect Plus.

If you are not tech-savvy or find it cumbersome to use the Internet for banking-related purposes, you can follow the offline method for accessing your loan details. Physically visit the bank and ask an executive to help you access your loan details. You must provide them with your loan’s reference number to obtain this information. Also, carry an ID proof as they may ask you for one for verification purposes.