Home Loan At Bank Of Baroda

Hii sir, I wants to Apply for the Home Loan of the bank of Baroda Will you Please provide me the Information About the Home Loan of the bank of Baroda ?

[Rajkumar Agarwal]

As you Asking for the Information About the Home Loan of the bank of Bartoda the Information is given below

Bank of Baroda invites you to be a proud owner of your own home and offers easy Home Loan with a number of conveniences to suit your budget.

Home Loan is given for

Purchase of new / old dwelling unit.

Construction of house.

Purchase of plot of land for construction of a house.

Repaying a loan already taken from other Housing Finance Company / Bank.

Repayment period up to 30 years (floating rate option).


Terms And Condition

In case of Salaried:

 Monthly Income Modified Criteria
Up to Rs. 20,000/- 36 times of monthly income
More than Rs.20,000/- & up to Rs. 1 lac 48 times of monthly income
More than Rs. 1 lac 54 times of monthly income

Margin:

Category of Home Loan LTV (%) Margin (%)
Upto Rs.30 lakh 90% 10%
Above Rs. 30 lakh and upto Rs. 75 lakh 80% 20%
Above Rs. 75 lakh 75% 25%

Interest Rates

Interest Rate 9.65% to 10.65%
Processing Fees 0.5% - 0.25% of the Loan Amount (Min of Rs.7500 to Max of Rs.20,000)


For more information you may Visit the Nearest branch of the bank of Baroda