About Bank of Baroda Home Loan Bengaluru
Settled in Bengaluru but could not buy a home there? Kick out your worries as Bank of Baroda (BoB) is here to let you encash your home wish with a suitable home loan. The time is also ripe to join BoB as it has slashed its home loan interest rates to 8.35% per annum to individuals with a credit score of above 760. So, why are you waiting, folks? Just pen down your application and submit it at Bengaluru branches.
Bank of Baroda Home Loan Bengaluru at a Glance
Particulars | Details | |||
---|---|---|---|---|
Interest Rate | 8.50% - 10.60% | |||
Loan Amount | About 75%-90% of the property value | |||
Processing Fee | 0.25%-0.50% of the loan amount Minimum Value- ₹7,500 Maximum Value- ₹20,000 | |||
Prepayment Charges | NIL |
Eligibility Criteria
Bank of Baroda has certain eligibility criteria for getting your home loan application approved in Bengaluru. The below points can let you understand what the bank seeks.
- Salaried and self-employed with a minimum age of 21 years are eligible to apply for a home loan. At the same time, both salaried and self-employed need to make sure they are not over 60 years at the time of loan maturity.
- A stable source of income is a prerequisite. While salaried needs to be working for a minimum of 2-3 years, self-employed must remain in the same line of business for atleast 2-3 years.
Documentation
Get ready with the document checklist containing the proofs of identity, income, and residence. But it is the matter of buying a property, right! So, the bank would seek some property documents before approving a home loan in Bengaluru.
Products | Salaried | Self-employed |
---|---|---|
Home Loan | Identity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Income Proof-Latest Salary Slips & Form 16 for Salaried Bank Account Statement for the Last 6 Months Track of any other loans, if any Property details such cost estimate of construction | Identity Proof- PAN Card/Passport/Voter ID/Driving License/Aadhaar Card Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years Bank Account Statement for the Last 6 Months Track of any other loans, if any Property details such cost estimate of construction |
For more information, visit Home Loan Bengaluru
Bank of Baroda Home Loan Bengaluru Branches
Not aware of the branches of BoB in your city Bengaluru? Know from the below table and visit the nearest one to submit your home loan application. So, don’t wait. Just go and apply for a home loan and enjoy a stay in Bengaluru.
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
K.G.RD.MAIN BRANCH | K.G.Road Main Branch, Prithvi Building Kempe Gowda Road, Bengaluru, Karnataka- 560009 | BARB0BANGAL | 560012012 | 080 22268106 |
APMC YARD | APMC Yard Branch, P.B.No.2222, Apmc Yard, Tumkur Road, Yeshwanthpur, Bengaluru, Karnataka- 560022 | BARB0APMCYA | 560012013 | 080-23375358 |
BANASHANKARI | Banashankari Branch, 266/293, Srinivasanagara, Banashankari 1St Stage, , 2Nd Phase, 80 Road, Bengaluru, Karnataka-560050 | BARB0BANASH | 560012017 | 080-26502320 |
INDIRA NAGAR | Indira Nagar Branch, #274, V.R.Manor, 100Feet Road 6Th Main Bus Stop, Bengaluru, Karnataka- 560038 | BARB0BANGBS | 560012018 | 080-25203919 |
BRIGADE ROAD | Brigade Road Branch, 66, M.G.Road, Bengaluru, Karnataka- 560001 | BARB0BRIGAD | 560012003 | 080-25587909 / 25586130 |
BTM LAYOUT | BTM Layout Branch, 66, 35Th Main, Bank Officers Colony Btm Ii Stage, Bengaluru, Karnataka- 560068 | BARB0BTMBAN | 560012022 | 080-26783144 |
BYRASANDRA | Byrasandra Branch, 1360/A, East End Main Road, Opp.Apostolic Carmel Con, Bengaluru, Karnataka- 560041 | BARB0BYRASA | 560012007 | 080-22444882 |
CBB Bengaluru | CBB Bengaluru Branch, 26, H.J.S.Chambers, 1St Floor, Richmond Road, Bengaluru, Karnataka- 560025 | BARB0CORBAN | 560012014 | 080-22240465-67 |
FRASER TOWN | Fraser Town Branch, 48, Haines Road, Frasertown, Bengaluru, Karnataka- 560005 | BARB0FRASER | 560012002 | 080-25558405 |
HSR LAYOUT | HSR Layout Branch, No 1029 11Th Cross 24Th Main Hsr Layout Sector I, Bengaluru Karnataka- 560034 | BARB0HSRBAN | 560012021 | 080-25726632 |
JAYANAGAR | Jayanagar Branch, 9Th Main Road 3Rd Block Jayanagar, Bengaluru Karnataka- 560011 | BARB0JAYANA | 560012010 | 080-26630533 |