Bank of Baroda Home Loan

Get your home loan approved with exclusive offers from Bank of Baroda. Enjoy flexible EMI options. Apply online today.


  • Rate of interest
    6.5% - 7.5% p.a.
  • Tenure
    Upto 30 years
  • Processing fee
  • Loan amount
    Upto Rs.10 crore
  • Prepayment Charges
  • Foreclosure Charges

Are you eligible?

You should meet the following criteria to apply for this loan:
  • Resident type: Indians and Non-Resident Indians (NRIs)
  • Applicant's age: 21 - 70 years

Key features of Bank of Baroda Home Loan

  • Processing fee waived off till 31 Dec 2020
  • Save more on interest payments with savings account linked home loan
  • Pre-approved loan against property for existing Bank of Baroda Liability Customers.
  • Interest calculation on daily outstanding balance
  • Facility of home loan on reimbursement basis is available, subject to construction/purchase of property within 2 years

Tentative list of documents required for Home Loan

Mandatory documents(To be submitted by all applicants)
  • Completed loan application
  • Three passport size photographs
  • Identity proof: Driving License/ Passport/ Voter ID/ Aadhar Card and PAN Card (if loan size is more than Rs 10 Lakhs)
  • Address proof: Driving License/ Aadhar Card/ Voter ID/ Passport/ Registered Rent Agreement
For salaried individuals
  • Applicant's salary slips for the last 3 months
  • Guarantor's salary slip for the last 1 month
  • Applicant and guarantor's Form-16 and ITR for the last 1 year
  • Copy of employee ID card
  • Proof of employment duration: Appointment letter/ Confirmation letter/ Promotion letter
  • Bank account statement for the last 6 months
For self-employed individuals
  • Balance sheet and P&L statement, computation of income for the last 2 years
  • IT Returns for the last 2 years for applicants, 26 AS, Traces
  • Business proof: Gumasta Certificate, Business Registration Certificate, and GST Registration
  • IT Assessment / Clearance Certificate, Income Tax Challans / TDS Certificate (Form 16A) / Form 26 AS for income declared in ITR
  • PAN Card and Address proof (in case the applicant's business is registered as Partnership Firm/Private Ltd. Company)
  • Memorandum of the company
  • Current account statement for the last one year
  • Firm's IT Returns and Audit results for the last 2 years
For non-resident Indians (NRIs)
  • Completed application form
  • Stamp-size photograph
  • Copy of valid Passport and Visa
  • Proof of employment overseas
  • Residence proof (both India and overseas): Driving License/ Voter ID/ Passport/ Aadhar/ Registered Rent Agreement
  • Details of any local contact: Name, Relation & Address
  • NRE Savings Bank statement for last 6 months
  • Overseas Bank Account Statement for the last 6 months (including for Salary Account)
  • Statement of existing loan accounts for the last 1 year (if the applicant is not a Bank of Baroda account holder)
  • Credit check report from overseas credit bureau

Home Loan Calculator*

All you need to know about your home loan

  • EMI Calculator
  • Loan Eligibility Calculator
  • Balance Transfer
  • Prepayment
  • Rate Change
  • Monthly Loan Repayment
How much will I have to pay every month?
Loan Amount
Rate of Interest
Your EMI Per Month will be

Disclaimer: The information available on this site has been gathered from publicly available sources and is accurate to the best of our knowledge. However, please be aware that the rates and other offers may vary based on your profile and may be subject to change without notice. Therefore, we advise you to verify the information before applying for any loan through this website. Magicbricks accepts no liability for any loss arising from the use of the information on this website. Refer T&C for the detail.
(T&C link:

**This service is available in select cities only.

*These calculators are only for illustrative purposes. These figures may or may not be applicable to your particular situation. Magicbricks will not be responsible for any loss or liability arising from the use of these calculators.