Home Loan EMI Calculator

Bank of Baroda

1. HOME LOAN ELIGIBILITY

Resident Type:

• Resident Indians

• Non-Resident Indians (NRIs) holding Indian passport or Persons of Indian origin (PIOs) holding foreign passport or Overseas Citizens of India (OCI)

Minimum Age:

• Applicant:- 21 Years

• Co-applicant:- 18 Years

• Maximum Age: 70 years

• Loan Tenure: up to 30 years.

Maximum Loan Amount

1. Mumbai : Rs. 20 Crores

2. Hyderabad, New Delhi (including National Capital Region) and Bengaluru: Rs.7.50 Crore

3. Other Metros  : Rs. 5.00 Crores

4. Urban Areas : Rs. 3.00 Crores

5. Semi-urban and Rural : Rs. 1.00 Crores

6. Chandigarh, Panchkula & Mohali:- Rs. 5 Crores

2. HOME LOAN CHARGES

3. HOME LOAN INTEREST RATES

1. Floating Interest Rate:

2. Fixed Interest Rate:

To estimate your EMIs accurately, you can use the HouseGyan Home Loan Calculator for instant results.

4. DOCUMENTS REQUIRED FOR HOME LOAN

To ensure a smooth application process, the following documents are generally required:

1. Identity Proof: Aadhaar Card, PAN Card, Passport, or Voter ID.

2. Address Proof: Utility bills, Rent Agreement, or Passport.

3. Income Proof:

• Salaried: Latest salary slips, Form 16, and bank statements.

• Self-employed: Income Tax Returns, business proof, and financial statements.

4. Property Documents: Agreement to sell, property tax receipts, and NOC from the builder.

5. Other Documents: CIBIL score report and loan application form.

5. FEATURES & BENEFITS OF HOME LOAN

1. Low Interest Rates: Attractive rates for both salaried and self-employed individuals.

2. Minimal Charges: Low processing fees and no hidden charges.

3. Flexible Loan Options: A wide range of home loan products to meet customer needs.

4. Long Repayment Tenures: Loan repayment period up to 30 years.

5. Moratorium Period: Up to 36 months post-disbursement, offering a repayment cushion.

6. Transparent Terms: No prepayment penalties and clear loan conditions.

7. Daily Reducing Balance: Interest calculated on daily reducing balance for better savings.