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Bank of Baroda Home Loan in Hyderabad

Bank of Baroda Home Loan in Hyderabad

Last Updated : May 5, 2018, 11:20 a.m.

About Bank of Baroda Home Loan Hyderabad

Having your own home gives you so much of joy and security that you want to experience it atleast once in your lifetime, isn’t it? Don’t worry if you were not able to achieve so as Bank of Baroda (BoB) is here to ensure you gain the home occupation without having to hurt your wallet. The latest offer of 8.35% per annum is a boon for all those wanting an affordable home acquisition.

Bank of Baroda Home Loan Hyderabad at a Glance

ParticularsDetails
Interest Rate8.50% - 10.60%
Loan AmountAbout 75%-90% of the property value
Processing Fee0.25%-0.50% of the loan amount
Minimum Value- ₹7,500
Maximum Value- ₹20,000
Prepayment ChargesNIL

Eligibility Criteria

Keep an eye on these eligibility criteria and put into the door of a home which you have looking to buy for years in Hyderabad.

  • 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

In order to pass the home loan approval test, it is indeed necessary to bring a list of documents that validate your identity, residence and income. The property documents are also sought by the bank to approve your application. Below is a table showing the list of documents.

ProductsSalariedSelf-employed
Home LoanIdentity 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 Hyderabad

Bank of Baroda Home Loan Hyderabad Branches

Since the city hosts a number of IT firms and other entities that have a large segment of the population seeking a home loan, Bank of Baroda has placed an impressive number of branches in Hyderabad. Also important is to know the IFSC Code, MICR Code and contact details of these branches.

Branch NameComplete AddressIFSCMICRContact Detail
A T RoadA T Road Gauh Branch, Paltan Bazar, Guwahati- 781001BARB0ATROAD7810120030361-2540477, 2633964
Beltola TinialiBeltola Tiniali, Beltola, GuwahatiBARB0BELTOL7810120050361-2234285
Dispur BranchDispur Branch, Indian Airlines Complex, Ganeshguri Chariali, Guwahati- 781005BARB0DISPUR7810120040361-2224623, 2220992
G S RoadG S Road, Taranis Bldg, Lachit Nagar, Chariali, Ulubari, Guwahati- 781007
BARB0GSROAD7810120060361-2466087
Cycle Factory ROADCycle Factory Road, Opposite Post Office, Fatasil Ambari, Guwahati, Assam 781025BARB0FATASI0361-2573511
BamunimaidanBeside East End, Nursing Home, Mrd Road, Bamunimaidan, Guwahati, Assam 781021BARB0BAMUNI781012010
Six MileSix Mile Vip Road Po Khanapara Ps Khanapara Dist Kamrup Metropolitan Guwahati, Assam- 781022BARB0SIXMIX
AmbariG N B Road, Near Agp Office, Guwahati Club, Ambari District Kamrup Metropolitan, Assam-781001BARB0AMBARI7810120080361-2461583
Zoo Road TinialiParnil Complex R G Baruah Road, GuwahatiBARB0ZOOTIN0361-2200032
GauhatiGauhati Branch, S.R.C.B.Road, Fancy Bazar, Guwahati, Assam-781001BARB0GAUHAT7810120020361-2540476

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