Bank of Baroda (BOB) invites you to be the proud owner of your own property or home and offers you easy home loans with a host of features and low interest rates to suit your budget. The home loan sanctioned under Baroda Home Loan Advantage can be linked to the savings bank account.
| Bank of Baroda Advantage Home Loan Bank of Baroda Advantage Home Loan |
| Loan Details | required documents ,Required Documents, |
| 1. Loan Type – BOB Home Loan 2. Loan Amount (loan amount) – ₹ 1-5 crore, Mumbai ₹ 10 crore 3. Loan Tenure (loan period) – up to 30 years 4. Interest Rate – (a) Baroda Home Loan Advantage up to ₹ 75 lakh – 8.60 to 10.30% (b) Baroda Home Loan Advantage above ₹75 lakh – 8.85 to 10.55% 5. Processing Fees – Nil (Nil) |
1. PAN Card 2. Aadhaar Card 3. Your Photo 4. Address Proof 5. Bank Statement 6. Statement of Assets and Liabilities 7. Proof of your assets 8. ITR Verification Report |
| Loan Eligibility | Loan Application |
| 1. Citizenship and passport holders of India 2. Any man or woman 3. Age above 21 years 4. Original property documents 5. Any fixed source of income 6. Good Credit Score |
1. BOB website or branch application 2. Login with your name and mobile number 3. Fill in your required information 4. Upload the required documents 5. Submit loan application 6. Wait for loan approval |
Any citizen of India or NRI holding an Indian passport can apply for Baroda Home Loan Advantage. The borrower can deposit all his savings in a linked savings bank account to get the maximum benefit of interest in the home loan account. The borrower can remit the Equated Monthly Installment (EMI) to the linked savings bank account.
The maximum repayment tenure of the home loan loan will be up to 30 years, including a maximum moratorium period of 36 months. There will be a moratorium period of 18 months for buildings up to the seventh floor and under-construction residences. Thereafter, each additional floor will get an additional moratorium of 6 months up to a maximum of 36 months. for more information Bank of Baroda website Can visit.