Bank of Baroda home loan interest rate starts from 6.85% p.a. onwards, with tenures up to 30 years with easy repayment options. The bank offers loan amount of up to Rs.10 crore and the processing fees on Bank of Baroda housing loans ranges from as low as 0.25% of the loan amount. The bank charges zero prepayment charges for a floating rate of home loans. One of the key features of the Bank of Baroda home loan is that you can opt for a top-up loan for up to five times during the loan period.
Bank of Baroda Home Loan Details
Apply for Bank of Baroda home loans at floating rates linked to MCLR. Here is a quick snapshot of the BoB home loan plans you can choose from:
Bank of Baroda Home Loan Details
Apply for Bank of Baroda home loans at floating rates linked to MCLR. Here is a quick snapshot of the BoB home loan plans you can choose from:
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Bank of Baroda home loans Details :
BRLLR 6.85% p.a.
Loan Amount Minimum: NA, Maximum: Rs.10 crore
Processing Fees Up to 0.50% (Min. Rs.8,500; Max. Rs.25,000)
Penal Interest Rate Not available
Prepayment/Foreclosure Charges Nil
Max Tenure 30 Years
Rate Packages Available Floating only
BRLLR 6.85% p.a.
Loan Amount Minimum: NA, Maximum: Rs.10 crore
Processing Fees Up to 0.50% (Min. Rs.8,500; Max. Rs.25,000)
Penal Interest Rate Not available
Prepayment/Foreclosure Charges Nil
Max Tenure 30 Years
Rate Packages Available Floating only
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बैंक ऑफ बड़ौदा होम लोन विवरण:
बीआरएलएलआर 6.85% प्रति वर्ष
ऋण राशि न्यूनतम: NA, अधिकतम: रु.10 करोड़
प्रोसेसिंग शुल्क 0.50% तक (न्यूनतम रु. 8,500; अधिकतम रु. 25,000)
दंडात्मक ब्याज दर उपलब्ध नहीं है
पूर्व भुगतान / फोरक्लोज़र शुल्क शून्य
अधिकतम कार्यकाल 30 वर्ष
रेट पैकेज उपलब्ध केवल फ्लोटिंग
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Bank of Baroda Home Loan Interest Rates 2021
BoB housing loan offers interest rates linked to BLLR (Baroda Repo Linked Lending Rate). The current BLLR rate is 6.85% p.a.
Here are the BLLR home loan rates for various schemes:
Bank of Baroda Home Loan Schemes Interest Rate (p.a.)
Baroda Home Loan 6.85% to 8.20%
Baroda Home Improvement Loan 6.85% to 8.20%
Baroda Home Loan Advantage 6.85% to 8.45%
Baroda CRE Home Loan 7.10% to 8.45%
Baroda CRE Home Loan (Advantage) 7.10% to 8.70%
Baroda Top Up Loan (Resident/NRIs/PIOs) 7.70%
Baroda Ashray (Reverse Mortgage Loan) 9.20% onwards
Bank of Baroda Home Loan Schemes
Bank of Baroda offers housing finance up to Rs.10 crore to eligible customers looking to purchase/construct their dream home or improve/extend an already existing property. The home loans attract an interest rate starting from 6.85% p.a. and a processing fee up to 0.50% of the loan amount.
Extended loan tenures up to 30 years and zero charges on pre-payments and foreclosure ensure a comfortable loan repayment period. The Bank of Baroda also offers free accident insurance on all their loans.
Baroda Home Loan
Interest rates: 6.85% to 8.20% p.a.
Processing Fee: Up to 0.50% of the loan amount (Min. Rs.7,500; Max. Rs.20,000)
Repayment tenures up to 30 years
Free accident cover on your housing loan
Baroda Home Loan Advantage
Interest Rate: 6.85% to 8.45% p.a.
Processing Fees: Up to 0.35% of the loan amount
Borrowers can choose to deposit his/her savings to the savings bank account to avail interest benefits in the loan account.
Sanctioned loan linked to the savings bank account.
Interest calculated on the daily outstanding credit balance in the savings bank account.
EMIs auto-recovered from the loan-linked savings bank account.
Baroda Top Up Loan (Resident/NRO/PIOs)
Interest Rate: 7.70% p.a.
Processing Fee: Up to 0.35% of the loan amount
Minimum loan amount is Rs.1 lakh and maximum loan amount is Rs.2 crore
Repayment tenure is the balance period of the existing home loan
Unified processing charges
Baroda Ashray Reverse Mortgage Loan
Interest Rate: 9.20% p.a. onwards
Processing Fee: Up to 0.20% of the loan amount
Provides an additional income source to senior citizens
Processing charges are waived 100% on all Bank of Baroda’s home loans and top-up loans
Bank of Baroda Home Improvement Loan
Interest Rate: 6.85% to 8.20% p.a.
Processing Fee: Up to 0.50% of the loan amount (Min. Rs.7,500; Max. Rs.20,000)
Attractive floating interest rates linked to one-year MCLR
Maximum moratorium period of 36 months
Maximum loan amount of Rs.1 crore in semi-urban and rural areas; Rs.5 crore in metro cities and Rs.10 crore in Mumbai
Group credit life insurance cover for the borrower and his/her family.
Bank of Baroda Pre-Approved Home Loan
In-principle approval of loan before property is identified
Assured eligible loan amount
Approval is valid for 4 months from date of issue
Greater flexibility for negotiations with sellers or builders
Baroda Home Loan Advantage for NRI/PIOs
Sanctioned loan linked to the savings bank account
Borrowers can deposit their savings to the linked account to enjoy better interest benefits in the loan account
Interest charged on daily outstanding credit balance in the linked savings bank account
EMIs recovered only from the linked savings account
Baroda Home Improvement Loan for NRI/PIOs
Can be availed for the purpose of improvement/repair/renovation of an existing property.
Loan tenures up to 30 years with maximum moratorium period of 3 years
Zero charges on prepayment of loan
Interest charged on daily reducing balance at monthly rests
Baroda CRE Home Loan to NRI/PIOs
Suitable for NRI/PIO borrowers looking to avail housing finance for his/her third house onwards
Applicable rate of interest is set 0.25% higher than the regular Baroda Home loan for NRI/PIOs
No prepayment and foreclosure charges
Baroda Home Loan for NRI
Competitive rates of interest
Free accidental insurance offered on the loan
Extended loan repayment tenures up to 30 years
Interest Subsidy Scheme for Housing the Urban Poor (ISHUP)
Addresses the housing needs of the Low Income Group (LIG) and the Economically Weaker Section (EWS)
For LIG, the average monthly income is up to Rs.10,000 to be eligible For EWS, the average monthly income is up to Rs.5,000 to be eligible : Pradhan Mantri Awas Yojana (PMAY)
Affordable housing benefits offered by Bank of Baroda under PMAY Interest subsidies or credit is offered on home loans
Interest subsidy is based on the annual income category of the family
Bank of Baroda Home Loan Interest Rates 2021
BoB housing loan offers interest rates linked to BLLR (Baroda Repo Linked Lending Rate). The current BLLR rate is 6.85% p.a.
Here are the BLLR home loan rates for various schemes:
Bank of Baroda Home Loan Schemes Interest Rate (p.a.)
Baroda Home Loan 6.85% to 8.20%
Baroda Home Improvement Loan 6.85% to 8.20%
Baroda Home Loan Advantage 6.85% to 8.45%
Baroda CRE Home Loan 7.10% to 8.45%
Baroda CRE Home Loan (Advantage) 7.10% to 8.70%
Baroda Top Up Loan (Resident/NRIs/PIOs) 7.70%
Baroda Ashray (Reverse Mortgage Loan) 9.20% onwards
Bank of Baroda Home Loan Schemes
Bank of Baroda offers housing finance up to Rs.10 crore to eligible customers looking to purchase/construct their dream home or improve/extend an already existing property. The home loans attract an interest rate starting from 6.85% p.a. and a processing fee up to 0.50% of the loan amount.
Extended loan tenures up to 30 years and zero charges on pre-payments and foreclosure ensure a comfortable loan repayment period. The Bank of Baroda also offers free accident insurance on all their loans.
Baroda Home Loan
Interest rates: 6.85% to 8.20% p.a.
Processing Fee: Up to 0.50% of the loan amount (Min. Rs.7,500; Max. Rs.20,000)
Repayment tenures up to 30 years
Free accident cover on your housing loan
Baroda Home Loan Advantage
Interest Rate: 6.85% to 8.45% p.a.
Processing Fees: Up to 0.35% of the loan amount
Borrowers can choose to deposit his/her savings to the savings bank account to avail interest benefits in the loan account.
Sanctioned loan linked to the savings bank account.
Interest calculated on the daily outstanding credit balance in the savings bank account.
EMIs auto-recovered from the loan-linked savings bank account.
Baroda Top Up Loan (Resident/NRO/PIOs)
Interest Rate: 7.70% p.a.
Processing Fee: Up to 0.35% of the loan amount
Minimum loan amount is Rs.1 lakh and maximum loan amount is Rs.2 crore
Repayment tenure is the balance period of the existing home loan
Unified processing charges
Baroda Ashray Reverse Mortgage Loan
Interest Rate: 9.20% p.a. onwards
Processing Fee: Up to 0.20% of the loan amount
Provides an additional income source to senior citizens
Processing charges are waived 100% on all Bank of Baroda’s home loans and top-up loans
Bank of Baroda Home Improvement Loan
Interest Rate: 6.85% to 8.20% p.a.
Processing Fee: Up to 0.50% of the loan amount (Min. Rs.7,500; Max. Rs.20,000)
Attractive floating interest rates linked to one-year MCLR
Maximum moratorium period of 36 months
Maximum loan amount of Rs.1 crore in semi-urban and rural areas; Rs.5 crore in metro cities and Rs.10 crore in Mumbai
Group credit life insurance cover for the borrower and his/her family.
Bank of Baroda Pre-Approved Home Loan
In-principle approval of loan before property is identified
Assured eligible loan amount
Approval is valid for 4 months from date of issue
Greater flexibility for negotiations with sellers or builders
Baroda Home Loan Advantage for NRI/PIOs
Sanctioned loan linked to the savings bank account
Borrowers can deposit their savings to the linked account to enjoy better interest benefits in the loan account
Interest charged on daily outstanding credit balance in the linked savings bank account
EMIs recovered only from the linked savings account
Baroda Home Improvement Loan for NRI/PIOs
Can be availed for the purpose of improvement/repair/renovation of an existing property.
Loan tenures up to 30 years with maximum moratorium period of 3 years
Zero charges on prepayment of loan
Interest charged on daily reducing balance at monthly rests
Baroda CRE Home Loan to NRI/PIOs
Suitable for NRI/PIO borrowers looking to avail housing finance for his/her third house onwards
Applicable rate of interest is set 0.25% higher than the regular Baroda Home loan for NRI/PIOs
No prepayment and foreclosure charges
Baroda Home Loan for NRI
Competitive rates of interest
Free accidental insurance offered on the loan
Extended loan repayment tenures up to 30 years
Interest Subsidy Scheme for Housing the Urban Poor (ISHUP)
Addresses the housing needs of the Low Income Group (LIG) and the Economically Weaker Section (EWS)
For LIG, the average monthly income is up to Rs.10,000 to be eligible For EWS, the average monthly income is up to Rs.5,000 to be eligible : Pradhan Mantri Awas Yojana (PMAY)
Affordable housing benefits offered by Bank of Baroda under PMAY Interest subsidies or credit is offered on home loans
Interest subsidy is based on the annual income category of the family