Bank announces Financial Results for quarter ended, 30th June 2024.
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.
Lowest interest rates & EMI
Loan Amount:
Tenure (months):
Interest Rate:
Equated Monthly Installment (EMI) will be
Under this credit risk guarantee scheme, the trust will provide a credit risk guarantee fund to the lending institutions against their housing loans up to Rs. 5 lakhs granted to the borrowers in the Economically Weaker Section (EWS)/Lower Income Group (LIG) categories in urban area without requiring any collateral security and/or third-party guarantee.
The Ministry of Housing and Urban Poverty Alleviation, Government of India, has established a Credit Risk Guarantee Fund Trust for providing guarantees in respect of low-income housing loans. A Credit Risk Guarantee Fund Scheme for Low Income Housing (CRGFS) has been launched by the Government of India on 31st October 2012, which will be managed by the National Housing Bank.
New individual borrowers in the EWS/LIG category of the population who are seeking individual housing loans not exceeding a sum of Rs. 8 lakhs or such amount as may be decided by the Trust from time to time and a housing unit size up to 430 sq.ft. (40 sq.m) carpet area and to which housing loan has been provided without any collateral security and/or third-party guarantee. Eligible borrowers, as defined above, forming a group or housing society of at least 20 members, shall also be eligible under the scheme.
The eligible borrower shall be required to submit an undertaking to the lending institution to the effect that she/he has not availed any other housing loan covered under this scheme nor any additional risk cover has been granted to the housing loan availed by her/him by Government or by any general insurer or any institution or any other person or association of persons carrying on the business of insurance, guarantee or indemnity.
Eligible Activity
Activities that are eligible for Guarantee Cover are home improvement, construction, acquisition and purchase of new or second-hand dwelling units involving a housing loan amount not exceeding Rs. 8 lakhs per person. Loans given fully/partly for renovation/repairs are not eligible for the Guarantee Cover under the scheme.
For interest rates - click here.
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement
NIL, subject to recovery of out of pocket expenses of Rs.3,500.00 + GST (Per Property).
NIL, subject to recovery of out of pocket expenses of Rs.5,000.00+ GST to Rs. 8,500.00 + GST (conditions apply)
NIL, subject to recovery of out of pocket expenses of Rs.10,000.00 + GST (Per Property)
To check out the documents required for Baroda Home Loan,click here.
The following housing loans shall not be eligible for being guaranteed under the scheme:
Economically Weaker Section (EWS) means households with household income up to Rs. 1 lakh per annum or as revised by the Ministry of Housing & Urban Poverty Allevation, Government of India, from time to time.
Lower Income Group (LIG) means households with household income between Rs. 1 lakh to Rs.2 lakhs per annum or as fixed by the Ministry of Housing & Urban Poverty Alleviation, Government of India, from time to time.
A housing unit for economically weaker and low-income individuals of size up to 430 sq.ft. (40 sq.m) carpet area.
Guarantee cover shall commence from the guarantee start date and shall run through the agreed tenure of the housing loan and for a maximum period of 25 years or loan termination date, whichever is earlier.
Frequently Asked Questions (FAQs)
To find out how much interest on home loan is applicable please visit Interest Rate page
Various documents pertaining to KYC, personal identification, property related documents, income proofs etc. are required for availing home loan. Please see the details here.
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.
CIBIL score is not to be calculated by Bank or Individual. Scoring is provided by the CIBIL. You can check your CIBIL Score with CIBIL / bob World.
You can switch your Home Loan to Bank of Baroda to get benefit of lower interest rate if interest rate with existing lender is higher. Rate of interest in Home Loan depends on the CIBIL score. Therefore, please adhere to the financial discipline and improve your CIBIL score.
Maximum moratorium shall be -36- months as under: -18- months moratorium period for Houses and Building under construction, up to 7th floor, thereafter -6- months additional moratorium per floor subject to maximum of -36- months. Or One month after completion of House / taking possession of House / Flat, whichever is earlier.
Home loan helps the borrower in saving tax. The EMI of housing loan has two components-
It is a rate of interest at which the bank lends funds to the borrower for buying / constructing a house / buying flat.
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