Bank announces Financial Results for quarter/year ended, 31st March 2023.
As per revised RBI directives all our Locker-holders are requested to visit Bank of Baroda, Base Branch.
With Bank Of Baroda personal loan, you get lowest interest rates, instant approval with minimal documentation. Checkout Bank of Baroda personal loan interest rates & eligibility. Apply now!
Apply for Bank of Baroda Home Loan online at the lowest interest rates. Checkout our home loan eligibility, interest rates, documentation. Get instant home loan approval. Apply now!
Car Loan: Apply for auto loan online by Bank of Baroda at an attractive interest rates & easy EMI option. Upto 90% financing on on-road price. Buy your dream car today!
Why should finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.
The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!
Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
Opt for the best suited Loan.
In terms of RBI guidelines, home loan for third dwelling units onwards to an individual is treated as CRE (commercial real estate) exposure.
If an individual owns two or more houses, singly or jointly, then the exposure for the third house onwards/purchase of plot is to be considered under Baroda CRE Home Loan to NRI/PIOs Scheme. The rate of interest for Baroda CRE Home Loan for NRI/PIOs will be 0.25% over applicable rate on normal home loans to NRI/PIOs.
Non-Resident Indians (NRIs) holding Indian passport or persons of Indian origin (PIOs) holding foreign passport or overseas citizens of India (OCI).
Individuals singly or jointly.
HUFs are not eligible.
A citizen of any country other than Bangladesh, Pakistan, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan if
The close relatives of the applicant can be added as a co-applicant for higher eligibility.
If the applicant wants to add any person who is not a close relative as a co-applicant, same can be considered only if he/she are the joint owner of property.
Spouse, father, mother (including step mother), son (including step son), son’s wife, daughter (including step daughter), daughter’s husband, brother/ sister (including step brother/sister), brother’s wife, sister (including step sister) of spouse, sister’s husband, brother (including step brother) of spouse.
Mumbai: Rs. 10 crores
Other Metros*: Rs. 5 crores
Urban Areas: Rs. 3 crores
Subject to income criteria and repayment capacity of the applicant/co-applicant(s) and LTV/Margin norms.
Total deductions including proposed EMI should not exceed as follows:
GMI less than Rs. 20,000: 50%
GMI Rs. 20,000 and above but less than Rs. 50,000: 60%
GMI Rs. 50,000 and above but less than Rs. 2 lakhs: 65%
GMI Rs. 2 lakhs and above but less than Rs. 5 lakhs: 70%
GMI Rs. 5 lakhs and above: 75%
Average Gross Annual Income (for last 2 years) up to Rs. 6 lakhs: 70%
Average Gross Annual Income (for last 2 years) more than Rs. 6 lakhs: 80%
Minimum: Borrower - 21 years, Co-applicant - 18 years
Maximum: Maximum age can be considered up to 70 years*
Fixed Rate Option: Stands withdrawn w.e.f. 01/07/2010
Floating Rate: Interest on the loan will be charged at prevailing floating rate on a daily reducing balance at monthly rests. The rate of interest is linked to one year MCLR of the Bank, shall be reset on annual basis. Rate of interest will be decided with reference to CIBIL bureau score* of the applicant/co-applicants (ranging from minimum of I year MCLR to maximum of 1 year MCLR +1%) subject to revision by the Bank from time to time.
To know the latest rate of interest Click here
The unified processing charges include
To know the processing charges, click here
Bank of Baroda is having tie-up arrangements with M/s. India First Life Insurance Co. for providing life insurance cover to our home loan borrowers.
This is an optional scheme of life insurance and is at the cost of borrower which may be funded by the Bank at the time of sanction and is recoverable with the EMIs of the loan.
BRLLR - 0.30% to BRLLR + 1.60%
BRLLR - 0.20% to BRLLR + 1.70%
BRLLR - 0.05% to BRLLR + 1.85%
BRLLR + 0.05% to BRLLR + 1.95%
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹8,500.00 + GST (Per Property)
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹10,000.00 + GST (Per Property)
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹3,500.00 + GST (Per Property)
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.
This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.
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