Bank of Baroda Home Loan in Chandigarh

Last Updated : May 5, 2018, 11:19 a.m.
About Bank of Baroda Home Loan Chandigarh
Chandigarh, the city of dynamism and vibrancy, is quite a place to live and make a livelihood. While staying in the city, you could think of buying the ‘Aashiana’, which we famously call in Hindi to address a home with pride. Don’t worry about the home loan. It will be taken care of by Bank of Baroda (BoB), one of the most trusted bank. When the home loan rates of the bank are slashed to 8.35%-9.35% per annum, you have all the reasons to join the bandwagon of BoB.
Bank of Baroda Home Loan Chandigarh 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
The following eligibility criteria, if met properly, would let a borrower gain the nod of Bank of Baroda. So, meet the criteria and get the keys to your dream home.
- 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
Be clear on the documents you require to obtain a home loan in Chandigarh. If you do not pay attention here, you could lose out on a great opportunity to buy your dream home within your budget. The documents, which are needed to be submitted, include proofs for identity, residence, income, as well as some property related documents.
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 |
Seeking more information? Visit Home Loan Chandigarh
Bank of Baroda Home Loan Chandigarh Branches
If you think Bank of Baroda is only for the big cities, you are in a myth. Your own city Chandigarh also has a fair amount of BoB branches that are more than happy to welcome you on your arrival there. You can check the nearest branches from the list below. The list entails information regarding IFSC Code, MICR Code, contact details, etc.
Branch Name | Complete Address | IFSC | MICR | Contact Detail |
---|---|---|---|---|
Agriculture Hi Tech | Agriculture Hi Tech Branch, Sco 91, Sector 44 C, Chandigarh- 160047 | BARB0AGRCHA | 160012005 | 0172-2645147/5017428 |
DHS Extension Counter | DHS Extension Counter, Chandigarh- 160022 | BARB0EXTSEC | 160012012 | 0172-2667450 |
Raipur Khurd | Raipur Khurd Chandigarh- 160003 | BARB0KHURDX | 160012004 | 0172-2652745 |
Sector 17-B | Bank Square, Sector 17-B, Chandigarh- 160017 | BARB0SECTOB | 160012001 | 0172-2704583 |
Grain Market | Sco 72 A & 73 A Sector 26 Grain Market Chandigarh- 160019 | BARB0GRAINM | N.A. | 0172-2701617, 5076839 |
ARMB | Sco 62/63 Third Floor, Sector 17B, Bank Square, Chandigarh- 160017 | BARB0ARMCHD | N.A. | 0172-5076839 |
Phase II Industrial Area | Shop No-92, Industrial Area, Phase-2, Chandigarh- 160002 | BARB0INDCHD | N.A. | 1800223344 |
Sector 40D | Sector 40D, Sco 212, Chandigarh- 160036 | BARB0SECTOD | N.A. | 1800223344 |
Lahora | Sco 55 Main Market Khuda Lahora Chandigarh 160014 | BARB0LAHORA | N.A. | 1800223344 |
Sector D | At Bay Shop No 400 Sector 37D Chandigarh 160036 | BARB0SECDCH | N.A. | 1800223344 |
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