Bank of Baroda Home Loan
Bank of Baroda home loans come with floating rates from 7.20% p.a. and fixed rates from 8.90% p.a., loan amounts up to Rs.20 crore and tenures up to 30 years. The bank charges zero prepayment or foreclosure fees on floating-rate loans and allows up to five top-up loans during the tenure.
Bank of Baroda Home Loan Details
Apply for Bank of Baroda home loans at floating rates linked to BRLLR (Baroda Repo Linked Lending Rate). Here is a quick snapshot of the BoB home loan plans you can choose from:
BRLLR | 7.20% |
Interest Rate Range(Floating & Fixed Rate) | 7.20% p.a. onwards (floating) 8.90% p.a. onwards (fixed) |
Loan Amount | Minimum: NA, Maximum: Rs.20 crore |
Processing Fees | Up to 0.50% (Min. Rs.8,500; Max. Rs.25,000) |
Penal Interest Rate | Not available |
Prepayment/Foreclosure Charges | Nil |
Max Tenure | 30 Years |
Rate Packages Available | Floating only |
Bank of Baroda's unified processing fee includes documentation charges, inspection and valuation charges, legal fees, and CERSAI fees, among other things. Visit our home loan processing charges page to know more.
Note: The interest rates are effective from September 2026.
Bank of Baroda also finances a share of the property's value based on the loan amount: up to 90% for loans up to Rs.30 lakh, up to 80% for loans between Rs.30 lakh and Rs.75 lakh, and up to 75% for loans above Rs.75 lakh, with the borrower funding the remaining margin.
Major Banks Offering Home loan In India
Bank of Baroda Home Loan Interest Rates
BoB housing loan offers interest rates linked to BLLR (Baroda Repo Linked Lending Rate). The current BLLR (Baroda Repo Linked Lending Rate) is 7.20% p.a. (as of June 2026. Please verify the latest rate at bankofbaroda.bank.in as it changes with RBI repo rate revisions.
The floating home loan interest rates are mentioned in the table below:
Product | Conditions | Rate of Interest |
Baroda Home Loan to Non-staff members | For Salaried | 7.20% p.a. to 8.95% p.a. |
For Non-salaried | 7.20% p.a. to 8.95% p.a. | |
Baroda Home Improvement Loan to Non-staff members | For Salaried | 7.20% p.a. to 8.95% p.a.. |
For Non-salaried | 7.20% p.a. to 8.95% p.a. | |
Baroda Max Savings Home Loan – Up to Rs. 75 lakh | For Salaried | 7.20% p.a. to 8.95% p.a. |
For Non-salaried | 7.20% p.a. to 8.95% p.a. | |
Baroda Max Savings Home Loan – Above Rs. 75 lakh | For Salaried | 7.45% p.a. to 9.20% p.a. |
For Non-salaried | 7.45% p.a. to 9.20% p.a. | |
Baroda CRE Home Loan | For Salaried | 7.45% p.a. to 9.20% p.a. |
For Non-salaried | 7.45% p.a. to 9.20% p.a. | |
Baroda CRE Home Loan (Max Savings) - Up to Rs. 75 lakh | For Salaried | 7.45% p.a. to 9.20% p.a. |
For Non-salaried | 7.45% p.a. to 9.20% p.a.. | |
Baroda CRE Home Loan (Max Savings) - Above Rs. 75 lakh | For Salaried | 7.70% p.a. to 9.45% p.a. |
For Non-salaried | 7.70% p.a. to 9.45% p.a. | |
Baroda Top Up Loan | For Salaried & Non-salaried | Applicable ROI on linked Home Loan (Based on BRLLR on the date ofavailmentof Top up Loan) + Strategic Premium (0.25%) + 0.60% |
Note: The rates of interest listed above are as of August 2025 and are subject to change at the discretion of the bank
The home loan fixed interest rates are mentioned in the table below:
Product | Conditions | Rate of Interest |
Baroda Home Loan to Non-staff members | For Salaried | 8.90% p.a. to 9.95% p.a. |
| For Non-salaried | 9.00% p.a. to 9.95% p.a. |
Baroda Home Improvement Loan to Non-staff members | For Salaried | 8.90% p.a. to 9.95% p.a. |
| For Non-salaried | 9.00% p.a. to 9.95% p.a. |
Baroda Max Savings Home Loan – Up to Rs.75 lakh | For Salaried | 8.90% p.a. to 9.95% p.a. |
| For Non-salaried | 9.00% p.a. to 9.95% p.a. |
Baroda Max Savings Home Loan – Above Rs.75 lakh | For Salaried | 9.15% p.a. to 10.20% p.a. |
| For Non-salaried | 9.25% p.a. to 10.20% p.a. |
Baroda CRE Home Loan | For Salaried | 9.15% p.a. to 10.20% p.a. |
| For Non-salaried | 9.25% p.a. to 10.20% p.a. |
Baroda CRE Home Loan (Max Savings) - Up to Rs.75 lakh | For Salaried | 9.15% p.a. to 10.20% p.a. |
| For Non-salaried | 9.25% p.a. to 10.20% p.a. |
Baroda CRE Home Loan (Max Savings) - Above Rs.75 lakh | For Salaried | 9.40% p.a. to 10.45% p.a. |
| For Non-salaried | 9.50% p.a. to 10.45% p.a. |
Baroda Top Up Loan | For Salaried & Non-salaried | Applicable Fixed ROI on Linked Home Loan + Strategic Premium (0.25%) + 0.60% |
Compare: Home Loan Interest Rate all Banks
Note: The rate of interest listed above are as of September 2026 and are subject to change at the discretion of the bank.
Bank of Baroda Home Loan Calculator
You can calculate your EMI in under a minute using the Bank of Baroda Home Loan EMI Calculator. Simply enter the loan amount, interest rate, term, and processing fee, then click "Calculate." Using the Home Loan EMI Calculator, you can figure out how much your EMI will be for your Bank of Baroda housing loan. Simply enter a few details such as the loan amount, appropriate interest rate, tenure, and processing fee. The automated tool calculates your EMI based on the supplied inputs and displays a breakdown of the total amount due over the life of the loan.
A complete amortisation plan is also provided, including all of your debt instalments for the principle and interest component of your house loan.
Bank of Baroda Home Loan EMI Calculation
Amount | 10 years | 20 years | 30 years |
Rs.10 lakh | Rs.11,870 | Rs.8,065 | Rs.6,992 |
Rs.20 lakh | Rs.23,740 | Rs.16,112 | Rs.13,984 |
Rs.30 lakh | Rs.35,611 | Rs.24,168 | Rs.20,976 |
Rs.50 lakh | Rs.59,351 | Rs.40,280 | Rs.34,961 |
*The interest rate of 7.45% p.a. has been taken into consideration for this loan EMI illustration. Your final EMI amount can vary based on the rate offered to you by the bank.
Calculate the EMI payable towards your Bank of Baroda housing loan using Home Loan EMI Calculator. All you have to do is key in a few parameters such as loan amount, applicable interest rate, tenure and the processing fee. The automized tool calculates your EMI on the basis on the entered values and provides the break-up of the total amount payable during the entire loan tenure.
A detailed amortization schedule indicating all your debt repayments towards the principal and interest component of your home loan is also provided.
Bank of Baroda Home Loan Schemes
Bank of Baroda offers housing finance up to Rs.20 crore to eligible customers looking to purchase/construct their dream home or improve/extend an already existing property. The home loans attract an interest rate starting from 7.20% p.a. and a processing fee up to 0.50% of the loan amount.
Extended loan tenures up to 30 years and zero charges on pre-payments and foreclosure ensure a comfortable loan repayment period. The Bank of Baroda also offers free accident insurance on all their loans.
Bank of Baroda also has a tie-up with IndiaFirst Life Insurance Co. to offer an optional credit life insurance cover on home loan accounts, at the borrower's cost, which can help protect the family from the loan liability in the borrower's absence.
- Baroda Home Loan
- Processing Fee: Up to 0.50% of the loan amount (Min. Rs.8,500; Max. Rs.25,000)
- Repayment tenures up to 30 years
- Free accident cover on your housing loan
- Baroda Top Up Loan (Resident/NRO/PIOs)
- Processing Fee: Up to 0.35% of the loan amount
- Minimum loan amount is Rs.1 lakh and maximum loan amount is Rs.2 crore
- Repayment tenure is the balance period of the existing home loan
- Unified processing charges
- Bank of Baroda Home Improvement Loan
- Processing Fee: Up to 0.50% of the loan amount (Min. Rs.8,500; Max. Rs.15,000)
- Floating interest rates linked to BRLLR (Baroda Repo Linked Lending Rate)
- Maximum moratorium period of 6 months
- Maximum loan amount of up to Rs.50 lakh, subject to eligibility
- Group credit life insurance cover for the borrower and his/her family.
Home loan borrowers can also claim income tax benefits: interest paid on a Bank of Baroda home loan qualifies for a deduction of up to Rs.2 lakh a year under Section 24, while principal repayment qualifies for a deduction of up to Rs.1.5 lakh a year under Section 80C
- Bank of Baroda Pre-Approved Home Loan
- In-principle approval of loan before property is identified
- Assured eligible loan amount
- Approval is valid for 4 months from date of issue
- Greater flexibility for negotiations with sellers or builders
- Baroda Home Improvement Loan for NRI/PIOs
- Can be availed for the purpose of improvement/repair/renovation of an existing property.
- Loan tenures up to 30 years with maximum moratorium period of 3 years
- Zero charges on prepayment of loan
- Interest charged on daily reducing balance at monthly rests
- Baroda CRE Home Loan to NRI/PIOs
- Suitable for NRI/PIO borrowers looking to avail housing finance for his/her third house onwards
- Applicable rate of interest is set 0.25% higher than the regular Baroda Home loan for NRI/PIOs
- No prepayment and foreclosure charges
- Baroda Home Loan for NRI
- Competitive rates of interest
- Free accidental insurance offered on the loan
- Extended loan repayment tenures up to 30 years
- Pradhan Mantri Awas Yojana (PMAY)
- Affordable housing benefits offered by Bank of Baroda under PMAY
- Interest subsidies or credit is offered on home loans
- Interest subsidy is based on the annual income category of the family
Bank of Baroda Pradhan Mantri Awas Yojana
Bank of Baroda previously offered housing finance under the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana Scheme (PMAY). Please note that the PMAY-CLSS scheme ended on 31 March 2022 and is no longer available. PMAY 2.0 (launched August 2024) focuses on direct benefit transfers without the CLSS component. Contact the bank or visit bankofbaroda.bank.in for current affordable housing schemes. The categories eligible under PMAY are:
- Economically Weaker Section (EWS)
- Low Income Group (LIG)
- Middle Income Group (MIG -I & MIG - II)
Category | Annual Household Income | Interest Subsidy |
EWS | Up to Rs.3 lakh | 6.50% |
LIG | Rs.3 lakh to Rs.6 lakh | 6.50% |
MIG - I | Rs.6 lakh to Rs.12 lakh | 4.00% |
MIG - II | Rs.12 lakh to Rs.18 lakh | 3.00% |
Learn More: Pradhan Mantri Awas Yojana
Bank of Baroda Home Loan Eligibility Criteria
Eligibility Criteria | Requirement |
Age |
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Residency Status |
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Type of Employment |
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Document Required to Apply for Bank of Baroda Home Loan
Identity Proof (any one) |
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Proof of Residence (any one) |
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Age Proof (any one) |
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Proof of Income |
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Other Documents |
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FAQs on Bank of Baroda Home Loan
1.What is a Bank of Baroda home loan?
A Bank of Baroda home loan is a secured loan that helps you buy, construct, extend or improve a residential property, backed by a mortgage on the property. Bank of Baroda offers this home loan to salaried and self-employed resident Indians, as well as NRIs and PIOs. Both floating and fixed interest rate options are available.
2.What is the maximum amount I can borrow under a Bank of Baroda home loan?
The maximum loan amount under a Bank of Baroda home loan depends on the location of the property and your repaying capacity. The bank assesses factors such as income, age, existing liabilities and continuity of employment before deciding your eligible amount. Exact eligibility is confirmed at the time of application.
3.What is the maximum repayment tenure on a Bank of Baroda home loan?
A Bank of Baroda home loan can be repaid over a tenure of up to 30 years, subject to your age at maturity. Longer tenures generally lower the EMI but increase the total interest paid. You can choose a shorter tenure if you want to close the loan faster.
4.Is the Bank of Baroda home loan interest rate fixed or floating?
Bank of Baroda offers both floating and fixed interest rate options on its home loan. Floating rates move with the bank's benchmark lending rate, while fixed rates stay constant for the agreed period. You can choose the option that suits your risk appetite at the time of application.
5. What benchmark is the Bank of Baroda home loan floating rate linked to?
The floating rate on a Bank of Baroda home loan is linked to the Baroda Repo Linked Lending Rate (BRLLR), which moves in line with the Reserve Bank of India's repo rate. Since BRLLR is revised periodically, your EMI or tenure can change when the benchmark changes. The current BRLLR is listed in the interest rate table above.
6.Does Bank of Baroda charge prepayment or foreclosure charges on a home loan?
Bank of Baroda does not charge prepayment or foreclosure fees on a floating-rate home loan. This lets you repay part or all of the outstanding amount from your own funds without penalty. Terms for fixed-rate loans can differ, so check with the bank before prepaying.
7. Who is eligible for a Bank of Baroda home loan?
Resident Indians, non-resident Indians and Persons of Indian Origin who are salaried or self-employed can apply for a Bank of Baroda home loan. Eligibility depends on age, income, employment stability and credit history. The bank evaluates each application individually against these criteria.
8. What documents are required to apply for a Bank of Baroda home loan?
A Bank of Baroda home loan application needs identity proof, address proof, age proof and income proof, along with a duly filled application form. Salaried applicants typically submit Form 16 or income tax returns and recent bank statements. The exact document list can vary slightly by applicant profile.
News about Bank of Baroda Home Loan
BRLLR Lowered for Home Loans in Bank of Baroda
Following the Reserve Bank of India lowering the repo rate by 50 basis points on 6 June 2025, four major public sector banks have announced low RLLR (Repo Linked Lending Rates) for their home loans. The Bank of Baroda has reduced its BRLLR (Baroda Repo Based Lending Rate) from 8.65% to 8.15% for their home loan interest rate. This change will take effect on 7 June 2025.
Bank of Baroda offers lower interest rate on home loan for limited period
On 19 March 2024, Bank of Baroda announced a reduction in its home loan interest rate from 8.45% to 8.3%. Furthermore, the bank has waived the processing fee as part of a limited-time deal expiring in March. According to the bank, the offer will remain valid till 31 March 2024.
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