Baroda Military Personnel Yodha Home Loan
Primary Lending Institution:Bank of Baroda (BOB)
Up to ₹5 Crore home loan at 8.40% – 8.90% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.
What is Baroda Military Personnel Yodha Home Loan?
Specialized concessional home loan scheme for Indian Armed Forces personnel, CRPF, BSF, CISF, ITBP, and state police officers.
Key Benefits & Features
Zero processing and inspection charges; concession of 10 bps on applicable BRLLR spread; repayment tenure up to age 75; personalized desk service.
Property & Project Eligibility Requirements
Approved residential building, flat, or residential plot.
Borrower Eligibility Criteria
Active or retired personnel of Armed Forces and Central Armed Police Forces (CAPF).
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-yodha-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 Military Personnel Yodha Home Loan?
The maximum repayment tenure offered for Baroda Military Personnel Yodha Home Loan is Up to 30 years, subject to borrower's age not exceeding 75 years at loan maturity.
What are the processing charges and prepayment rules for Baroda Military Personnel Yodha Home Loan?
The processing fee is Nil processing fee. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Baroda Military Personnel Yodha 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 Military Personnel Yodha 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.