I chose to go with a home loan from Bank of Baroda for buying my dream home. I am glad my colleague told me about the Bank of Baroda home loan interest rate.
The interest rate ranges between 8.40% to 11.69 % for salaried and non-salaried employees.The rates piqued my interest along with the various special features and advantages of the BoB Home Loans.
Bank of Baroda Housing Loan Interest Rate
Floating Rate:| Product | Conditions | Effective Rate of Interest |
Baroda Home Loan to Non-Staff members |
For Salaried |
From 8.40% to 10.60% |
For Non-Salaried |
From 8.40% to 10.60% |
You should note that:
The loan limit and the applicant(s)' CIBIL score determine the interest rate.
A 0.05% risk premium will be charged to clients who do not get credit insurance coverage.
| Product | Conditions | Effective Rate of Interest |
Baroda Home Loan to Non-Staff members |
For Salaried |
From 10.15% to 11.50% |
For Non-Salaried |
From 10.25% to 11.60% |
Apart from BoB home loan interest rate, I will also tell you the Baroda Home Loan benefits,
Low rates of interest
Minimal processing fees
Higher loan amount
No-cost credit card
Increased tenure
Simple loans for top-ups
These are BoB housing loan interest rates. You can get a better idea of the rates if you visit the Bank of Baroda branch.
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What is BoB Home Loan Interest Rate?
Bimal Jha
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7 months
2024-02-12T12:21:50+00:00 2024-02-13T08:45:12+00:00Comment
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