Here is all you need to know about home loans offered by Bank of Baroda
Own your dream home with the help of Bank of Baroda Home Loans. You can borrow up to ₹20 Crores and finance up to 90% of your property purchase. The interest rates starting from just 8.40% p.a. empowers you to take the loan without having to pay high repayment costs. Furthermore, you are offered a moratorium period of up to 3 years post-disbursal and the flexibility to repay the loan over tenures ranging up to 30 years.
The interest rates and charges applicable to home loans offered by Bank of Baroda are as follows:
Interest Rate |
8.40% to 11.60% p.a. |
Processing Fee |
0.35% onwards |
Prepayment Charges |
Nil |
*Disclaimer: The aforementioned details are subject to change at the lender’s discretion
Borrow amounts as high as ₹20 Crores and fund your house purchase
Enjoy interest rates starting from as low as 8.40% p.a.
Opting for this loan from the Bank of Baroda makes you eligible for a free credit card
Save on overall loan costs with a low processing fee starting from 0.35%
Repay the loan over long tenures ranging up to 30 years
Prepay and close the loan sooner without having to pay any additional charges
The Baroda Home Loan eligibility criteria are as listed below:
You should fall under the age bracket of 21 to 70 years
You should be either a salaried or a self-employed professional with a stable income
If salaried, you must have a work experience of at least 2 to 3 years
If self-employed, your business must have a minimum vintage of 2 to 3 years
Alongside fulfilling these requirements, you must also furnish the following documents:
Passport
PAN card
Driving licence
Voter ID
Aadhaar Card
Voter ID
Driving licence
Passport
Birth certificate
Voter ID
Passport
For salaried applicants:
Salary slips of the last 3 months for the main applicant and 1 month for guarantors
Form 16
ITR filings
Employee ID card
For self-employed applicants:
Balance sheet and Profit & Loss A/c
Income computation and ITR filings of the last 2 years
26 AS
Registration Certificate
Service Tax Registration, etc.
Note: Check the list of documents required for a home loan on Bank of Baroda’s official website or mobile app.
Here is how you can apply for a home loan offered by Bank of Baroda:
Visit the official website of the Bank of Baroda
Navigate to the ‘Loans’ option and select ‘Baroda Home Loan’
Click on ‘Apply Online’
Enter your full name and email ID to sign up
Select your preferred Bank of Baroda branch
Provide your phone number and enter the generated OTP to verify your identity
Agree to the terms and conditions, then click on proceed
Following this, a bank representative will contact you for further proceedings.
The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.
The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.
You can borrow amounts of up to ₹20 Crores with the help of this home loan.
If you have applied online, you can track your Bank of Baroda Home Loans application status by logging in to the bank's official website. If you have applied offline, you can track the status by contacting your relationship manager.
You can repay the loan over repayment tenures ranging up to 30 years.
Yes, you can get a top-up loan on your current Baroda Home Loan if your eligibility matches the bank’s predefined terms and conditions.