Home Loan Eligibility Calculator
Home Loan EMI Calculator
  • Loan Amount:

    100000
    100000000
    5000000
  • Tenure (months):

    12
    360
    240
  • Interest Rate:

    5%
    15%
    6.75
  • Equated Monthly Installment (EMI) will be

    ₹49,209

Home Loans

Turn your dream of owning a home into reality with Bank of Baroda Home Loans. Whether you are buying an apartment, constructing a house or renovating your home, we have the right Home Loan for you. Apply online for your Bank of Baroda Home Loan today!


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    Ideal for
    • All
    • Defence
    • Farmers
    • Millennial
    • Professional
    • Senior Citizen
    • Women
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    Purpose
    • All
    • Home purchase
    • Loan takeover
    • Renovation
    • Pre-approved
    • Additional loan
    • Government Scheme
    • Interest subsidy
    • Low income housing

Filter by

Ideal for
  • All
  • Defence
  • Farmers
  • Millennial
  • Professional
  • Senior Citizen
  • Women
  • Others
Purpose
  • All
  • Home purchase
  • Loan takeover
  • Renovation
  • Pre-approved
  • Additional loan
  • Government Scheme
  • Interest subsidy
  • Low income housing

  • Baroda Home Loan

    • Aspiring home owners can use the Bank of Baroda home loan for a variety of purposes. You can buy a plot, purchase a flat, build your own home or even extend your existing residence.
    • Loan Amount: Rs. 5 crores to Rs. 10 crores.
    • Maximum Tenure: 30 years
  • Baroda Home Loan Advantage

    • Under the scheme, the borrower has the option to deposit all his savings in the linked SB account to avail maximum benefit of interest in the Home Loan account.
    • Loan Amount: Rs. 10 crores
    • Maximum Tenure: 30 years
  • Baroda Home Loan Takeover Scheme

    • Switch your existing home loans to Bank of Baroda. If you have a running home loan from another bank and request for takeover, we provide several exclusive benefits such as low interest rates and processing charges.
    • Loan Amount: Rs. 1 crores to Rs. 10 crores
    • Maximum Tenure: 30 years
  • Home Improvement Loan

    • Upgrade your residence with home renovation loans from Bank of Baroda. Renovating your home can be a costly affair, but our home improvement loan can turn your dream home into reality.
    • Loan Amount: Rs. 1 crores to Rs. 10 crores
    • Maximum Tenure: 30 years
  • Baroda Pre-Approved Home Loan

    • Baroda Pre-Approved Home Loan provides in-principle approval for home loan, prior to identification of a specific house/flat/plot, giving the customer greater flexibility in negotiations with builders/sellers.
    • Loan Amount: Maximum Rs. 10 crores
    • Maximum Tenure: 30 years
  • Baroda Top Up Loan (Resident/NRIs/PIOs)

    • Loan Amount: Rs. 1 lakh to Rs. 200 lakhs
    • Maximum Tenure: Age of the borrower + tenure should not exceed 65 years
  • Pradhan Mantri Awas Yojana

    • The PMAY is a central government scheme that aims to provide housing for ALL, in urban areas by 2022. Large number of families receive credit or interest subsidies on their home loan, based on the income category to which the family belongs.
    • Loan Amount: Rs. 1 crores to Rs. 10 crores
    • Maximum Tenure: 30 years
  • Baroda Home Suvidha Personal Loan

    • A scheme for financing miscellaneous costs related with the purchase of home such as the cost of insurances, registration costs, stamp duty, goods & service tax and club membership fee.
  • Interest Subsidy Scheme for Housing the Urban Poor (ISHUP)

    • The scheme envisages the provision of interest subsidy to EWS and LIG segments to enable them to buy or construct houses. This comes under “Affordable Housing for all" agenda of Govt. of India.
    • Loan Amount: Rs. 1 lakh
    • Maximum Tenure: 20 years
  • Credit Risk Guarantee Fund Scheme for Low Income Housing

    • Under the Scheme, trust will provide credit risk guarantee to the lending institutions against their housing loans to the Economically Weaker Section (EWS)/ Lower Income Group (LIG) categories in urban area.
    • Loan Amount: Rs. 5 lakhs
    • Maximum Tenure: 25 years

Frequently Asked Questions (FAQs) about

  • Can I avail a home loan from Bank of Baroda?
    • Yes, you can avail a home loan from Bank of Baroda, if you plan to construct or purchase a house/flat or extend your existing house/flat and, you are:
    • A minimum of 21 years
    • Employed or self-employed with a regular income.
  • What is the average tenure of a home loan?

    We grant term up to a maximum of 30 years. The term for the loan will under no circumstances exceed the age of retirement or completion of 65 years of age, whichever is earlier.

  • Who can be co-applicant?

    The proposed owners of the residential accommodation as per the agreement for sale, in respect of which financial assistance is sought, must be co-applicants. Usually, joint applications are from husband-wife, father-son or mother-son, etc.

  • How much does Bank of Baroda lend?
    • Loan amount is determined on the basis of the repaying capacity of the applicant/s. Repaying capacity takes into consideration factors such as age, income, dependents, assets, liabilities, stability of occupation and continuity of income, savings, etc.
    • The maximum loan would be Rs.10 crores per unit to any individual applicant based on the area where the property is proposed to be constructed/purchased. We will extend a loan of up to 90% (for newly constructed houses/flat) of the cost of property under our Housing Loan Scheme.
  • For how long a period can I get the loan?

    We grant a term up to a maximum of 30 years. The term for the loan will under no circumstances exceed the age of retirement or completion of 65 years of age, whichever is earlier.

  • But can I prepay the loan ahead of schedule?

    Yes, you have the option to prepay the loan ahead of schedule either in parts or in full from your own sources.

  • What is the mode of repayment?
    • Equated Monthly Instalment (EMI): It means a uniform lumpsum amount, which includes repayment of a part of the principal amount and payment of interest, calculated on daily product basis.

    or

    • Fixing the monthly/quarterly instalments on the graduated basis is permitted of EMI as requested by customers.
  • What is the security for the loan?

    The security for the loan is an equitable mortgage of the property to be financed. The security for the loan is equitable mortgage of the property to be financed.

  • Do you insist on LIC policy as additional collateral security?

    No, it is not mandatory.

  • What are the supporting documents required while applying for the loan?

    Common requirements for all applicants.

    • Application form duly filled in (with a photograph of all the applicant).
    • Residence and age verification, which may be established from the PAN Card, Election ID, Passport, Drivers Licence and Ration Card, etc.
    • Copy of approved plan and sanction letter from local civic authority.
    • Copy of NA permission.
    • One/two guarantor/s form/s and salary certificates: If a guarantor is in business, copies of I.T. returns or assessment orders for the last three years are required.
    • Bank passbook of statements for the last two years.
    • Latest salary slip/statement showing all deductions in case of employed applicants.
    • Certified copies of Balance Sheets and Profit and Loss accounts, IT acknowledgments, advance tax challans (for both company/firm and personal account) for the last three years in case of self-employed applicants.
    • Memorandum/articles of association for companies, partnership deeds for firms and a brief profile of your company/firm in case of self-employed applicants.

    Additional requirement.

    • In case of purchase from builder
    • Copy of agreement for sale.
    • Copy of registration receipt.
    • Copy of sanctioned plan & sanction letter of the competent authorities.
    • Copy of NA permission/ULC order.
    • Copies of receipts of payments already made.
    • NOC from builders in our format.
    • In case of direct allotment in a Co-operative Housing Society
    • Allotment letter.
    • Share certificate. Society registration certificate.
    • Copy of sale/lease deed in favour of the society.
    • NOC from society in our format.
    • Possession letter in original.
    • In case of resale:
    • Copy of all the previous vendors’ agreements duly stamped and registered and the registration receipts. (original to be given before disbursement).
    • NOC from society/builder in our format.
    • Original share certificate.
  • Whether you have any housing loan products for NRIs?

    Yes. We have housing loan products for NRIs/PIOs. For details, please visit our website at Housing Loans to NRIs /PIOs

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