Owning a home is a dream for many, and Bank of Baroda, one of India’s leading financial institutions, is committed to making that dream a reality by offering competitive home loan interest rates and flexible repayment options.
Whether you’re a first-time homebuyer or looking to upgrade your existing property, Bank of Baroda has a home loan solution that suits your needs and budget.
What is the Bank of Baroda Home Loan Interest Rate?
The Bank of Baroda Home Loan Interest Rate is currently between 8.60% and 10.60% per annum for loans up to ₹75 lakh and between 8.85% and 10.85% per annum for loans above ₹75 lakh.
These rates are subject to change based on various factors, including the borrower’s credit history, loan amount, and tenure.
| Product | Conditions | Rate of Interest |
| Baroda Home Loan for Non-staff Members | For Salaried | 8.60% p.a. to 10.50% p.a. |
| For Non-salaried | 8.70% p.a. to 10.60% p.a. | |
| Baroda Home Loan for Staff Members | 9.15% p.a. | |
| Baroda Home Improvement Loan for Non-staff Members | For Salaried | 8.60% p.a. to 10.50% p.a. |
| For Non-salaried | 8.70% p.a. to 10.60% p.a. | |
| Baroda Home Improvement Loan for Staff Members | 9.15% p.a. | |
| Baroda Home Loan Advantage – Up to Rs.75 lakh | For Salaried | 8.60% p.a. to 10.50% p.a. |
| For Non-salaried | 8.70% p.a. to 10.60% p.a. | |
| Baroda Home Loan Advantage – Above Rs.75 lakh | For Salaried | 8.85% p.a. to 10.75% p.a. |
| For Non-salaried | 8.95% p.a. to 10.85% p.a. | |
| Baroda CRE Home Loan | For Salaried | 8.85% p.a. to 10.75% p.a. |
| For Non-salaried | 8.95% p.a. to 10.85% p.a. | |
| Baroda CRE Home Loan (Advantage) – Up to Rs.75 lakh | For Salaried | 8.85% p.a. to 10.75% p.a. |
| For Non-salaried | 8.95% p.a. to 10.85% p.a. | |
| Baroda CRE Home Loan (Advantage) – Above Rs.75 lakh | For Salaried | 9.10% p.a. to 11% p.a. |
| For Non-salaried | 9.20% p.a. to 11.10% p.a. | |
| Baroda Top Up Loan | For Salaried & Non-salaried | Applicable ROI on linked Home Loan (Based on BRLLR on the date of availment of top-up loan) + Strategic premium (0.25%) + 0.60% |
Applying for a Bank of Baroda Home Loan
Applying for a Bank of Baroda home loan is a straightforward process. Borrowers can either apply online or visit their nearest bank branch. The following documents are typically required:
- Identity Proof: Aadhaar Card, PAN Card, or Voter’s ID.
- Address Proof: Utility bills, passport, or rent agreement.
- Income Proof: Salary slips, bank statements, or income tax returns.
- Property Documents: Property title papers, valuation report, and building plan.