+91-9743444449

Public Sector Bank

Bank of Baroda Home Loan

India's Most Trusted Partner via Cred Source

4.8 / 5.0
7.20% p.a.
INTEREST RATE
₹10.0 Cr
MAX LOAN
90%
MAX LTV
3-5 Working Days
PROCESSING

About Bank of Baroda

Bank of Baroda (BOB) is a leading Indian state-owned banking and financial services organization. Established in 1908 by Maharaja Sayajirao Gaekwad III, Bank of Baroda is India's second-largest public sector bank following its historic amalgamation with Dena Bank and Vijaya Bank in 2019.

Bank of Baroda serves over 150 million customers across extensive nationwide and 100+ overseas offices in 17 countries. Baroda Home Loans offer highly competitive floating rates starting at 7.20% p.a. with repo-rate linkage, free credit card benefits, and concessions for women borrowers.

BOB provides a wide array of housing finance products including Baroda Home Loan, Baroda Top Up Loan, Baroda Pre-Approved Home Loan, and Home Loan Balance Transfer with zero prepayment penalties.

Key Highlights

Why choose Bank of Baroda through Cred Source:

Lowest Interest Rate from 7.20% p.a.
0.05% Interest Concession for Women
Top-Up Loan Facility Available
Up to 90% LTV Loan Funding
Free Credit Card & Top-Up Facility

Loan Eligibility Criteria

Who can apply for Bank of Baroda home loan:

Eligible Applicants

Salaried Employees, Self-Employed Professionals, Business Owners & NRIs.

Age Bracket

Minimum 18 years to maximum 75 years at maturity.

Minimum Income

₹20,000/month for salaried; ₹3.0 Lakh/year net profit for self-employed.

Credit Score (CIBIL)

750+ score recommended for lowest interest rate tier.

EMI Calculator & Sample Breakdown

Estimated EMI for Bank of Baroda Home Loan at 7.20% p.a. interest rate:

LOAN AMOUNT TENURE (YEARS) INTEREST RATE ESTIMATED MONTHLY EMI
₹30 Lakh 20 Years 7.20% p.a. ₹25,845 / month
₹50 Lakh 20 Years 7.20% p.a. ₹43,075 / month
₹1.0 Crore 20 Years 7.20% p.a. ₹86,150 / month

Frequently Asked Questions

About Bank of Baroda home loans via Cred Source:

Bank of Baroda requires a minimum net monthly income of ₹25,000 for salaried employees and ₹3 Lakh per annum for self-employed applicants.

Bank of Baroda provides home loans up to ₹10 Crore for residential property purchase, plot construction, or home expansion.

BOB home loan interest rates start from 7.20% p.a. linked to BRLLR, with special discounts for borrowers with CIBIL score above 750.

Bank of Baroda home loans are typically sanctioned within 3 to 5 working days upon verified document submission.

Yes, Cred Source provides doorstep service and end-to-end guidance for Bank of Baroda home loan application.