Tuesday, February 27, 2024

Ozonetel Customer Experience Platform Receives Top Honors At Aegis Graham Bell Awards


* Recognized for Advancing CX Innovation for Enterprises

Ozonetel, a market leader providing a unified customer experience (CX) platform, today announced that it has received top honors at the 14th Aegis Graham Bell Awards (AGBA) in the category of Innovation in Enterprise Solution. AGBA is one of the largest innovation award programs supported by the Ministry of Electronics and Information Technology (MeitY), Government of India.

Today’s enterprises face several core challenges in customer experience (CX). These include fragmented solutions that lead to disconnected customer journeys, complex license management, reliance on third-party data for AI implementation, system interoperability issues hindering automation, and isolated customer data resulting in a disconnected customer experience.

Addressing these challenges, Ozonetel envisioned a unified approach to customer experience across multiple touchpoints within an enterprise. Their AI-first, unified platform brings together capabilities of contact center, communication APIs, customer engagement, and workforce management. It leverages a strong, open API architecture to offer seamless connection with various enterprise applications and easy integration with voice, chat, and other digital channels to power customer interactions. 

Ozonetel’s platform is built on five key pillars: omnichannel capabilities, low-code tools, actionable insights and analytics, AI & National Language Processing (NLP) for enhanced automation, and secure access to customer data across departments within an enterprise. Enterprises benefit from business insights and real-time intelligence derived from millions of customer interactions and identifying opportunities for potential business growth.

Atul Sharma, Co-founder and CEO of Ozonetel said, “We are delighted and honored by this recognition, as it validates the value and business impact that we deliver to leading enterprises globally. It reinforces Ozonetel’s commitment to innovation and redefining the CX landscape for global enterprises — keeping enterprises at the forefront of technological innovation, helping them humanize customer experience, hyperscale customer engagement, and drive business growth.”

Today, with its unified approach to CX, Ozonetel has carved out a niche for itself within the enterprise space. Many of its enterprise customers have leveraged its platform to successfully transform their CX, leading them to win prestigious awards and industry recognition.  They have also been recognized by G2, the largest peer-to-peer software review site, as a global leader in multiple customer experience categories.

About Ozonetel

Ozonetel is an industry leader within the Customer Experience (CX) space, offering businesses a robust, omnichannel platform to manage end-to-end communication flows. Its AI-powered, full-stack platform has enabled over 3,500+ businesses to simplify, manage, and analyze interactions at every step of their customer communication and engagement journey. The platform helps enterprises to engage with customers at every touchpoint across voice, chat, SMS, WhatsApp, and other digital channels. It fully integrates with CRM and other business applications and offers a truly omnichannel experience for customers. For more information,  visit www.ozonetel.com

About Aegis Graham Bell Awards

Aegis Graham Bell Award is a tribute to the father of telephony and great innovator, Alexander Graham Bell. The Aegis School of Business, Data Science and Cyber Security has initiated this award to promote innovations and recognize the outstanding contributions of the innovators. This award is supported by the Ministry of Electronics and Information Technology, Government of India; NITI Aayog (National Institution for Transforming India is a policy think tank of the Government of India); Skill India (campaign launched by Prime Minister of India, Shri Narendra Modi, the campaign is under Ministry of Skill Development and Entrepreneurship); National Informatics Centre Services Incorporated (NICSI), a Government of India enterprise.

The Ultimate Riding Experience. BMW Motorrad India Kickstarts The 2024 Edition of BMW Motorrad Safari


BMW Motorrad commences its most awaited riding experience – BMW Motorrad Safari in India. Conceptualised exclusively for BMW riders, BMW Motorrad Safari offers the ultimate riding experiences across the world.

Mr. Vikram Pawah, President, BMW Group India, said, “Motorcycling transcends mere travel, offering a distinct pathway to explore personal passions, uncover untouched terrains, and embrace unparalleled freedom. BMW Motorrad unlocks an expansive universe of experiences, tailored to suit every rider’s needs. BMW Motorrad Safari aims to unveil novel adventures, empowering riders to fully leverage the capabilities of their BMW bikes. The joy of riding is magnified when shared; thus, BMW Motorrad Safari is designed to forge unforgettable moments, narratives, and voyages for all participants, enriching the motorcycling community with shared bonds and memories."

BMW Motorrad India is enhancing the BMW riding experience with over 72 expeditions in 2024 through BMW Motorrad Safaris and Weekend Escapes. These exclusive safaris and riding experiences will be organized through BMW's extensive dealer network spread across India, offering an unparalleled opportunity for riders of BMW Motorrad motorcycles to embark on adventurous journeys. The locations for these safaris have been carefully selected to include some of the most scenic destinations around the globe as well as within India, ensuring a visually stunning backdrop for every ride. Each safari promises to be a tailor-made riding experience, catering to the diverse preferences and riding styles of BMW riders, making each journey unique.

BMW Motorrad Safari embodies the essence of touring, spanning an immersive 5 to 7-day journey that begins and concludes at a singular locale. This meticulously curated expedition navigates through pre-selected scenic trails, offering participants a harmonious blend of accommodations, entertainment, and culinary delights. Detailed route maps are disseminated beforehand, ensuring riders are well-prepared for the adventure that lies ahead, with BMW Motorrad marshals leading the way, providing expert guidance at every turn. The event is designed with flexibility in mind, allowing riders to traverse at their leisure, encouraging them to fully embrace and absorb the stunning landscapes and vistas encountered en route. Beyond the ride, BMW Motorrad Safari fosters a vibrant community atmosphere, facilitating connections among participants who share a common passion, thereby creating lasting friendships and unforgettable memories.

The series will kick-start with the following Safaris.

BMW Motorrad Safari – South Africa, 17-26 March 2024

South Africa adventure begins in the dynamic city of Cape Town, sweeping you away to the majestic Cape Point, through the lush vineyards of the Cape Winelands, and into the heart of the enchanting forests of Knysna and Tsitsikamma. Witness the majestic beauty of the Addo Elephant Park, explore the unique allure of Oudtshoorn, and touch the southernmost tip of Africa at Cape Agulhas. The journey circles back along the picturesque coast of Hermanus, returning to Cape Town. This expedition offers a deep dive into the rich cultural and natural elements of South Africa, promising an unforgettable exploration of its diverse landscapes.

BMW Motorrad Safari - Bhutan, 19-25 April 2024

Embark on a captivating 7-day journey through the enchanting landscapes of Bhutan, beginning and concluding in Siliguri. The immersive tour takes you to the heart of the mystical kingdom, where the serene capital city of Thimpu, the picturesque town of Paro, and the historic valley of Punakha await your exploration. Highlighting the adventure is a visit to the iconic Tiger’s Nest, a sacred monastery perched of a cliff, promising breathtaking views.

BMW Motorrad Safari - Spain & France, 27 May to 03 June 2024

This safari unites the splendor of Spain and France, navigating through some of the most captivating landscapes the world has to offer. Covering an approximate distance of 1350 kilometers, this expedition begins in the vibrant city of Barcelona, takes you along the stunning Costa Brava, through the historic towns of La Seu D’Urgell and Cardona, ventures into the spiritual heart of Lourdes, explores the medieval charm of Ainsa, and finally circles back to Barcelona.

The following regulations apply-

·         Exclusive to riders who own a BMW Motorcycle.

·         Participants are required to hold a valid driver’s license (at the time of the event).

·         The bike must be in good technical condition.

·         The organizers are entitled to exclude vehicles that are not fit for the ride.

·         All riders must be equipped with suitable rider gear.

Odysse Electric Vehicle Announces Price Reduction Upto Rs.10,000 Across Entire Electric Two-Wheeler Range


Odysse Electric Vehicles, India’s fastest-growing premium electric vehicle manufacturer, announces a substantial price cut across its entire lineup of electric two-wheelers. Effective immediately, customers can enjoy savings on every model, with prices slashed by upto Rs 10,000*. This strategic move aims to democratize electric transportation and accelerate the adoption of sustainable mobility solutions making it even more attractive and affordable.

In alignment with its vision of making eco-friendly transportation accessible to all, Odysse Electric Vehicle has implemented a significant price reduction across its entire range of electric two-wheelers which shall be valid upto 31st March,2024.

Odysse attributes the price cut to the reduced battery cost, the benefit of which has been passed on to the consumer. With this price reduction, the company aims to empower more individuals to embrace electric mobility and contribute to building a greener future.

Speaking on the occasion, Mr. Nemin Vora, CEO, Odysse Electric Vehicles Pvt. Ltd., "We are excited to announce this comprehensive price reduction, which underscores our dedication to driving positive change in the mobility landscape. By offering this reduction we demonstrate our commitment to our vision of enhancing affordability along with sustainability to the prospective customers. By making our electric two-wheelers more affordable, we are not only enhancing accessibility but also catalyzing the transition towards cleaner and more sustainable transportation options."

This price reduction on the entire range of electric two-wheelers further solidifies Odysse Electric Vehicles' position in the electric mobility sector. The company remains committed to innovation, quality, and customer satisfaction, as it continues to spearhead the shift towards a cleaner and more sustainable future.

About Odysse Electric Vehicles Pvt. Ltd:

Electric Vehicle start-up, Odysse, is a part of Vora group of companies. An all-electric mobility platform that collaborates with the world's leading E.V. component manufacturers and mobility technology specialists to usher in a new era of intelligent urban electric mobility for customers. The company’s electric scooters and bikes are available for all riders, from the young to the old, from fashionable buyers and comfort seekers to busy business riders. Every product is subjected to rigorous durability and dependability tests. Odysse provides every customer with a comprehensive package of quality, comfort, and style at an affordable price. Presently, the brand product portfolio includes: -

Electric motorcycle VADER (with 7” Android display, IOT, four drive modes, 18-liters storage space, Google Map Navigation)

Electric bike EVOQIS (with four drive modes, keyless entry, anti-theft lock and motor cut-off switch)

Electric scooter HAWK (India’s first electric scooter with cruise control & Music system)

E2Go, E2go+, E2go PRO and E2GO Graphene (electric scooter with portable battery, USB charging, digital speedometer and keyless entry)

Electric scooter V2 and V2+ (waterproof motor, huge boot space, dual battery and led lights)

Electric scooter TROT for last-mile delivery (Loading capacity of 250 kgs and IoT).


Home Credit India Survey Reveals Rapid Adoption Of Technology Among Indian women For Credit Needs


For future credit needs, more women (59%) said they would prefer to complete their loan journey through online medium than men (49%)

Both women (77%) and men (79%) are almost at par when it comes to optimism about continued adoption of digital lending services due to internet & data revolution

73% women consider online loans to be more convenient compared to offline channels, almost same as Men (74%)

21% women said they understand about the usage of their personal data by loan companies

In celebration of International Women's Day, and in line with the UN's theme of 'Invest in women: Accelerate progress', Home Credit India, a local arm of the leading global consumer finance provider, reaffirmed its commitment to promoting financial inclusion and gender equality through responsible and digital-led financial services, ensuring access to affordable credit.

In India, women have traditionally faced barriers when accessing financial services, but this seems to be changing in the last few years. In its recent survey ‘How India Borrows 2023’, Home Credit India noticed that women in India are increasingly adopting technology and becoming active participants in the country’s financial ecosystem. The survey showed that women borrowers (31%) are on par with men (32%) when it comes to accessing credit through online mediums such as mobile apps. Additionally, 59% of women respondents in 2023 prefer to complete loan process through online platforms via mobile apps, highlighting a strong preference for convenience and accessibility. In 2022, the preference for digital loans among women was at 49%.

The survey also highlighted the growing acceptance of the digitalization of financial services. Women borrowers have today become much more comfortable with mobile banking, net banking, payment wallets and online shopping; and require limited guidance unlike in the past. According to the survey, women borrowers showed a preference for mobile banking (47%) over internet banking (38%) and 50% expressed that chatbot services were easy to use.

In line with the digital transition, 73% of women borrowers considered online loans to be more convenient compared to offline channels. WhatsApp emerged as the new digital channel for loans, with 45% of women borrowers having received loan messages on WhatsApp. However, only 23% women borrowers considered loan offers received on WhatsApp as trustworthy.

The survey showed that more than 50% of women were optimistic about the growth of fintech due to the rising number of digital lending companies in the ecosystem.

In terms of digital literacy, urban and rural women are looking for financial lessons and management guidance more than ever now. 32% of women borrowers said they would like a reputed organization to educate them about finance related tasks over the internet.

A major concern noticed among the women borrowers was the use of personal information by loan companies. When it came to data privacy-related matters, 44% women borrowers were more concerned about their personal data being collected by lending apps. The survey further indicated that only 21% women borrowers understand the data privacy rules and 46% felt the need of transparent communication by lending apps/companies on the usage of their personal data.

Speaking on the findings, Ashish Tiwari, Chief Marketing Officer, Home Credit India, said, "The narrowing of the gender gap in financial freedom and access to financial services for women is a positive trend that reflects progress towards gender equality. This trend also suggests that efforts to promote financial inclusion and gender equality in the financial sector are making a difference. Increased access to financial services can empower women economically, enabling them to save, invest, start their own business, and have greater control over their financial futures. Our commitment lies in prioritizing the fulfillment of unmet credit needs of our customers and contributing to a more inclusive financial ecosystem that empowers people and communities, promotes financial inclusion, provides financial stability, and supports the nation's socio-economic growth.”

In line with this commitment, we also have a project Saksham under which Home Credit India in collaboration with an NGO impart basic personal finance skills to thousands of marginalized women and girls across India. By reaching out to marginalized communities pan-India, Saksham exemplifies our dedication to fostering inclusive growth and empowerment, aligning with our broader mission of contributing to a more equitable and prosperous society."

The How India Borrows 2023 survey was conducted across 17 cities including Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad, Lucknow, Jaipur, Bhopal, Patna, Ranchi, Chandigarh, Ludhiana, Kochi, and Dehradun. The sample size was approx. 1842 borrowers in the age group of 18-55 years, with an average income of Rs. 31,000 per month.

About Home Credit India:

Home Credit India Finance Pvt. Ltd. is a local arm of the international consumer finance provider Home Credit International with operations spanning Europe and Asia. The company is committed to drive credit penetration and financial inclusion in India by offering wide financial solutions that are simple, transparent, and accessible to all. Home Credit India has an employee base of ~5000 and has been consistently expanding operations since its entry in 2012, with its operations spread over 625 cities across India. The company has a strong network of around 53,000 points-of-sale (PoS) and is growing with a customer base of more than 16 million customers, driven by Pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience.

As a responsible consumer lender, financial literacy is one of the main ESG pillars for Home Credit India and are working on it by promoting financial and digital literacy to drive a responsible borrowing culture in the wider society. As part of financial literacy initiatives, Home Credit India has engaged with over 3 million people through their Paise Ki Paathshala microsite, blogs and social media campaigns. Home Credit had also started a financial literacy CSR initiative – Saksham in 2022, to impart basic personal finance skills in partnership with a national NGO – Indian Development Foundation, targeting 30,000 marginalised women & girls pan-India.

For more information, visit www.homecredit.co.in

Nutanix Announces iValue Group As Its Value-added National Distributor In India, Reinforcing Its Commitment To Channel In The Country


– Strategic partnership introduces cutting-edge hybrid multicloud solutions to iValue's network of channel partners, accelerating digital transformation for enterprise clients –

Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the appointment of iValue Infosolutions Private Limited, a leading provider of integrated IT solutions and services across the Asia-Pacific region, as an official value-added distributor for the Indian market.

The partnership is a significant achievement for both entities as it combines Nutanix's leading hybrid multicloud solution with iValue's extensive range of enterprise applications and expertise in solution services delivery.  It will help enable enterprises to expedite their digital transformation journeys and achieve optimal outcomes in their cloud environments.

According to Mordor Intelligence, the hybrid cloud market size is estimated at $129.43 billion in 2023, and it is expected to reach $348.53 billion by 2028, growing at a CAGR of 21.91% during the forecast period. The fifth annual  Nutanix Enterprise Cloud Index report found that the hybrid multicloud usage in India stands at 12% presently and is expected to increase five-fold (to 63%) by 2026.

This increase in adoption is expected to be driven by increased infrastructure diversity, along with a heightened emphasis on data storage, management, security, and services, the report stated. This growth reflects the potential that hybrid cloud solutions offer to channel partners as they can help their enterprise customers to efficiently scale computing resources, helping avoid substantial capital investments for managing temporary demand surges while helping to safeguard sensitive data or applications by freeing up local resources.

Benefiting from the flexibility of hybrid cloud computing, organisations can also dynamically adjust on-premise infrastructure to the public cloud to manage fluctuations in computing demand, addressing initial concerns about data security and reassuring end-users.

"We are delighted to welcome iValue Infosolutions into our esteemed distribution ecosystem. The alignment of iValue's top-notch IT solutions and services perfectly complements Nutanix's mission to help organizations run their applications in the environment that makes the most sense. We have high expectations for this partnership and believe that iValue's expertise will be invaluable in expanding our footprint," said Harsh Vaishnav, head – Channels at Nutanix India and SAARC.

Shrikant Shitole, CEO of iValue Infosolutions, observed that the preferred strategy for modernizing IT infrastructure involves transitioning from legacy systems to cutting-edge cloud-based solutions. He highlighted increased adoption of AI technologies, containerized applications, edge computing, serverless computing, and Kubernetes technologies as part of this trend.

"Our partnership with Nutanix aligns with our commitment to deliver exceptional digital solutions to our associates, enabling them to offer unparalleled digital experiences to their clients. By integrating Nutanix's cloud solutions into our portfolio, our channel partners will be well-positioned to reshape the digital landscape in India, ensuring unmatched cost efficiency and performance for their customer base,” Shitole said.

Nutanix provides organizations with a unified platform for running applications and data on-premise, in public clouds and at the edge through its portfolio which includes Nutanix Cloud Infrastructure, Cloud Manager for hybrid cloud, database management services, unified storage for volumes, files, objects, and end user computing solutions for virtual applications and desktops.  Its cloud software solutions enable businesses to streamline operations, reduce complexity, and concentrate on achieving their desired outcomes.

About Nutanix:

Nutanix is a global leader in cloud software, offering organizations a single platform for running apps and data across clouds. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

About iValue Group:

iValue Group is the FASTEST growing, leading-edge technology enabler with purpose-built solution stacks & related services for securing & managing Digital Applications and Data for Enterprises, across hybrid multi-cloud. iValue’s offerings address every need in Application Lifecycle Digital transformation – from code to cloud, covering Performance, Availability, Security and Scalability.

iValue Group has significant presence across India, SAARC and Southeast Asia, with local teams covering business and technical needs of partners to address their customer needs across the regions. To know more, visit www.iValueGroup.com or follow iValue on LinkedIn?@ https://www.linkedin.com/company/ivalue-infosolutions-pvt-ltd

PhonePe SmartSpeakers Rope In Actor Kichcha Sudeep For Its Celebrity Voice Feature


PhonePe, today announced the launch of a first-of-its-kind celebrity voice feature on its SmartSpeakers in collaboration with the famous Indian actor, Kichcha Sudeep. This new feature will allow PhonePe SmartSpeakers to validate customer payments in Karnataka film industry’s iconic actor Kichcha Sudeep’s distinct voice, in both Kannada and English across India.

The PhonePe SmartSpeaker was launched a year ago, and since then, more than 4.8  million devices have been used by merchant partners across 90% of the postal codes in the country. On average, PhonePe SmartSpeakers validate 17 crore monthly transactions in Karnataka, demonstrating its widespread adoption in the state. Using famous celebrity voices from different regions will make the payment experience for customers as well as merchants even more interactive.

Speaking on this new and distinctive offering, Yuvraj Singh Shekhawat, Chief Business Officer - Merchant Business at PhonePe said, “Our extensive network of over 3.8+ crore merchants is spread across different regions in India, each with its unique linguistic needs for payment validation. Through partnerships with various renowned celebrities, we are adapting and tailoring our services to meet such distinct needs of our merchants in a creative way. This ensures the efficient use of our devices while also boosting the appeal of the PhonePe SmartSpeaker among both merchants and customers.”

Here’s a step-by-step guide on how merchants can enable this new feature from their PhonePe for Business app.

1) Open the PhonePe for Business App

2) Go to the SmartSpeaker section on the home screen

3) Under ‘My SmartSpeaker’, click on ‘SmartSpeaker Voice’

4) Choose the desired celebrity’s voice in the preferred language

5) Click on ‘Confirm’ to activate the voice

6) The device gets rebooted with the updated language in the chosen celebrity’s voice within a few hours

PhonePe also recently launched the celebrity voice feature on its SmartSpeakers in collaboration with the iconic Indian actor, Shri. Amitabh Bachchan in Hindi and English with plans to roll this out in more languages in the future. Some of the other features that make PhonePe SmartSpeakers stand out in the market include portability, a best-in-class battery, great audio clarity even in the noisiest of environments, and the compact and versatile form factor which allows merchants to use it even in the most congested counter spaces. Earlier merchants using feature phones relied heavily on SMS, but now with the PhonePe SmartSpeakers, their payment validation experience has been significantly eased. PhonePe SmartSpeakers provide voice payment notifications in multiple Indian languages, with up to 4 days of battery life, dedicated data connectivity, a dedicated battery level LED indicator for ease of use, audio alerts for low battery levels, and a dedicated replay button for the last transaction. By offering such convenience to merchants, PhonePe is seeing the successful adoption of PhonePe’s SmartSpeakers in the market, thus enabling an increase in digital payments.

About PhonePe Group:

PhonePe Group is India’s leading fintech company. Its flagship product, the PhonePe digital payments app, was launched in Aug 2016. In just 7 years, the company has scaled rapidly to become India’s leading consumer payments app with 515+ million registered users and a digital payments acceptance network of 38 million merchants. PhonePe also processes 215+ million daily transactions with an annualized Total Payment Value (TPV) of USD 1.4 Trillion.

On the back of its leadership in digital payments, PhonePe Group has expanded into financial services (Insurance, Lending, Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus App Store - India's first localized App Store). PhonePe Group is an India headquartered technology company with a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

For more details contact: media@phonepe.com

Bank of Baroda Reduces Car Loan Interest Rate To 8.75% For The Current Financial Year


Other Offer Highlights:

Concession in Processing Charges

Zero Prepayment Charges for Floating ROI

Interest calculated on the Daily Reducing Balance method

Longer Repayment Period up to 84 Months

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced a reduction in its Car Loan interest rates starting from 8.75%* p.a. (earlier 9.40%* p.a.).  This is a special limited period offer on Baroda Car Loans Floating rate of interest, starting from February 26, 2024 till March 31, 2024. The Bank also offers an attractive fixed rate of interest on Baroda Car Loans, starting at 8.85%* p.a.

The new rate beginning at 8.75% p.a. is applicable on the purchase of a new car and is linked to a borrower’s credit profile. Additionally, the Bank is offering borrowers zero prepayment charges on the Floating rate of interest option and a concession in processing charges on both Fixed and Floating interest rate options.

Further, the interest on Bank of Baroda car loans (both fixed and floating) is calculated on the Daily Reducing Balance method, making it even more affordable for borrowers. The Bank also offers an extended repayment period of up to 84 months, allowing borrowers the flexibility of lower Equated Monthly Instalments (EMI).

Shri Sanjay Mudaliar, Executive Director, Bank of Baroda said, "We are continuing to see strong demand for car ownership with passenger vehicle sales peaking in January 2024 on the back of a sustained improvement in the Indian economy, rising aspirations and consumer confidence. Bank of Baroda is one of the leading car financiers in the country and customers can make the most of our special year-end offer on Baroda Car Loans and own their dream car.”

Applicants can apply and avail a Bank of Baroda Car Loan digitally through the Bank’s Digital Lending Platform – Baroda Digital Car Loan on the Bank’s website or by visiting the nearest bank branch.

Key features of Bank of Baroda Car Loans

Baroda Car Loans starting at 8.75% p.a. Floating rate of interest for a limited period

Fixed rate of interest on Baroda Car Loans starts at 8.85% p.a.

Concessional processing charges on both Fixed and Floating interest rate options

No Pre-payment/Part-payment charges on Floating ROI

Interest calculated on the Daily Reducing Balance method - the most cost-effective for borrowers

Flexible tenure up to 84 months

Digital Car Loans with quick approval in just a few steps

0.05% additional ROI will be applicable for individual customers who do not opt for Group Credit Life Insurance Plan for their Car Loan

About Bank of Baroda

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of ~165 million through over 70,000 touch points spread across 17 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.

Visit us at www.bankofbaroda.in

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