Baroda Regular Home Loan
Primary Lending Institution:Bank of Baroda (BOB)
Up to ₹20 Crore home loan at 8.40% – 9.20% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without formal conversion orders.
What is Baroda Regular Home Loan?
Standard floating rate home loan by Bank of Baroda linked to Baroda BRLLR, offering top loan-to-value limits and free accident insurance.
Key Benefits & Features
Free personal accident insurance up to loan amount; zero prepayment charges; up to 30 years repayment tenure; concessions for green buildings.
Property & Project Eligibility Requirements
RERA approved residential flat, independent villa, or approved residential layout.
Borrower Eligibility Criteria
Salaried, self-employed, professionals, and NRI applicants with proven regular income.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.bankofbaroda.in/personal-banking/loans/home-loan/baroda-home-loan with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for Baroda Regular Home Loan?
The maximum repayment tenure offered for Baroda Regular Home Loan is Up to 30 years, subject to borrower's age not exceeding 70 years at loan maturity.
What are the processing charges and prepayment rules for Baroda Regular Home Loan?
The processing fee is 0.25% (Min ₹7,500, Max ₹20,000) + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Baroda Regular Home Loan?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does Baroda Regular Home Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without formal conversion orders.