Bank of Baroda Home Loan

  • Loans starting at 6.85% interest
  • Tenure up to 30 years
  • Loan amount up to 10 crores
  • Processing charge is Rs.5,000 + GST
Get BoB Home Loan

Bank of Baroda Home Loans are available at just 6.85% – one of the most competitive rates in India. They can be used to buy or construct a house, home renovation or for plot purchase. These can be availed by salaried and self-employed individuals, and have low processing charges.

Bank of Baroda Home Loan Summary
Interest Rate 6.85% onwards
Loan Amount Up to Rs. 10 Crore
Loan Tenure Up to 30 years
Processing Charges Rs.5,000 + GST

Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

Bank of Baroda Home Loan Eligibility Criteria

A Primary Applicant must be:
  • A resident of India
  • Between 21 and 70 years of age
  • Salaried or self-employed

Wonder how much BoB Home Loan you’re eligible for?

Enter the loan-related details in the Fincity Eligibility Calculator and find out in seconds.

Bank of Baroda Home Loan Interest Rate on Various Schemes (2020)

Here is a list of popular Bank of Baroda Schemes and their interest rates.

Bank of Baroda Home Loan Schemes Interest Rate (p.a.)
Baroda Home Loan 6.85% to 7.85% p.a.
Baroda Home Improvement Loan 6.85% to 7.00% p.a.
Baroda Home Loan Advantage 6.85% to 7.00% p.a.
Baroda CRE Home Loan 7.00% p.a.
Baroda CRE Home Loan (Advantage) 7.00% p.a. to 7.25% p.a.
Baroda Top Up Loan 7.50% p.a.
Baroda Ashray (Reverse Mortgage Loan) 8.85% p.a. onwards

Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

Bank of Baroda Home Loan Processing Fee & Other Charges

Particulars Applicable charges
Processing Charges

Rs.5,000 + GST

Modification charges
  • Up to Rs. 1 Crore: Rs. 5,000
  • Above Rs. 1 Crore & up to Rs. 10
  • Crore: Rs. 15,000
  • Above Rs. 10 Crore: Rs. 25,000
Deviation charges

Rs. 1,500 per deviation (Max. Rs. 5,000)

Note : The above rates are subject to change at the discretion of the banks without prior notice.

Bank of Baroda Home Loan EMI Calculation

Your EMI amount depends on factors such as your Bob Home Loan interest rate, the loan amount and the tenure. Before you decide on the loan scheme, use the Fincity Home Loan EMI calculator to know the EMI in each case. Just fill in the basic required details; you can access the result in seconds and the breakdown is simple to understand.

Bank of Baroda Home Loans

Here is a list of popular Bank of Baroda Schemes and their interest rates.

  • Identity Proof (any one)
    • Valid Passport
    • PAN Card
    • Driving License
    • Voter ID
    • Aadhaar Card
  • Proof of Residence (any one)
    • Aadhaar Card
    • Voter ID
    • Driving License
    • Passport
    • Copy of Utility Bills
  • Age Proof (any one)
    • Birth Certificate
    • Voter ID
    • Valid Passport
    • Aadhaar Card
  • Proof of Income
    • Latest Form 16 or Income Tax (IT) Returns
    • Last 6 months’ bank account statements
  • Other Documents
    • Processing fee cheque favouring the bank
    • Duly filled and signed application form with passport size photographs of the applicant and co-applicants
  • Additional Documents for Self-Employed Professionals
    • Certificate of Highest Qualification for self-employed professionals such as Chartered Accountants, Lawyers, Architects and Doctors
    • GST certificate for self-employed individuals

Note : Note: Required documents must be self-attested and may slightly differ.

Axis Bank Home Loan caters to individuals buying a house/plot, constructing/renovating/extending a home and have a long loan tenure and no prepayment charges in case you want to repay it in advance.

Interest Rate 7.75% – 8.55%
Loan Amount Rs. 1 lakh – Rs. 5 crores
Loan Tenure Up to 30 years
Processing Charges Rs.5,000 + GST

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