Building your dream is now easier.

Explore Bank of Baroda’s Mortgage Loans.

  • Purpose
  • Amount
  • Eligibility
  • Margin
  • Repayment
  • Rate of Interest
  • Security
  • Processing Fees
  • Document Required
  • Sanction Authority
  • For all legitimate purposes except for speculation
  • Maximum – Rs 5 million 
  • 36 time of gross monthly income for salaried
  • 3 times of average annual income of last two years
  • For businessmen, loan shall be lower than the maximum ceiling and calculated based on income
  • Salaried persons, professionals, self-employed and others who are gainfully employed for the last two years
  • 50% of value of the property offered as security (Security should be 200% of the credit facility)
  • In 120 monthly installments for loans or EMIs
  • 10% annual reduction for OD facility
  • 2.00% over PLR
  • 1st rank fixed charge on flat/house purchase constructed out of bank finance
  • 1% of loan amount - Minimum Rs. 1,000; maximum Rs. 25,000
  • Copy of national ID card
  • Copy of driving license for vehicle for which loan is applied
  • Salary slips for last 3 months for salaried, and MRA return for businessman

Time frame for taking credit decision/disposal of proposal from the date of submission of data/information is within 10 working days for all credit facilities up to Rs. 3,00,000.

X
We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, please click here. By continuing to browse this website, you consent to our use of cookies. Manage Cookie
X

Are you Bank of Baroda Customer?

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.


The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.


Proceed to the website


Thank you for visiting www.bankofbaroda.in

Manage Cookie