Home Loan
Bank of Baroda Home Loan Review 2026
Cost-conscious borrowers seeking the absolute lowest rates
★★★★★4.1
Last updated: 15 December 2025Key Highlights
✓One of the lowest home loan interest rates in India
✓Zero prepayment and foreclosure charges
✓Special reduced rates for women borrowers
✓Top-up loan available
✓Available for purchase, construction, and renovation
Interest Rates & Fees
Rates & Charges
| Interest Rate (Min) | 8.4% p.a. |
| Interest Rate (Max) | 10.65% p.a. |
| Interest Rate Type | Floating |
| Processing Fee | 0.25% to 0.50% of loan amount (min Rs 8,500) |
| Prepayment Charges | Nil for individual floating rate borrowers |
| Foreclosure Charges | Nil for floating rate |
Loan Details
Loan Parameters
| Minimum Loan Amount | ₹5 Lakh |
| Maximum Loan Amount | ₹10 Crore |
| Minimum Tenure | 5 years |
| Maximum Tenure | 30 years |
| EMI per Lakh | Rs 762 per lakh for 30 years at 8.40% |
| Disbursal Time | 10–15 working days |
Rating Breakdown
features
4/5
value
4.5/5
support
3.9/5
benefits
4.1/5
Pros & Cons
✓Pros
- ✔Among the lowest rates starting at 8.40%
- ✔No processing fee for select home loan schemes
- ✔No prepayment charges
- ✔Good for government employees
✗Cons
- ✘Slow processing — up to 2 weeks
- ✘Limited digital experience
- ✘Branch service quality varies
Eligibility Criteria
- ●Age: 21 to 65 years (at maturity)
- ●Minimum net monthly income: Rs 20,000
- ●Salaried or self-employed
- ●CIBIL score: 700+
Documents Required
- 📄PAN Card and Aadhaar Card
- 📄Salary slips (3 months)
- 📄Bank statements (6 months)
- 📄ITR (3 years for self-employed)
- 📄Property documents
- 📄NOC from builder/society
Frequently Asked Questions
Bank of Baroda Home Loan offers interest rates ranging from 8.4% to 10.65% per annum (floating rate). The actual rate depends on your credit profile, income, and existing relationship with Bank of Baroda.
The processing fee for Bank of Baroda Home Loan is 0.25% to 0.50% of loan amount (min Rs 8,500). This is a one-time fee charged at the time of loan disbursement.
You can borrow up to ₹10 Crore with Bank of Baroda Home Loan. The minimum loan amount is ₹5 Lakh.
Prepayment charges for Bank of Baroda Home Loan: Nil for individual floating rate borrowers. Foreclosure charges: Nil for floating rate. Check with Bank of Baroda for the latest terms.
Bank of Baroda Home Loan typically takes 10–15 working days for disbursal after application and document verification.
