Bank of Baroda Home Loan in Indore

Last Updated : May 5, 2018, 11:21 a.m.

About Bank of Baroda Home Loan Indore

It’s a time when everyone is eyeing on to buy a home as the interest rates across the lenders have fallen significantly. Post-demonetization, there has been a reduction to the tune of 1%, enhancing the affordability of the home loan. In the rate cut war, Bank of Baroda seems to have raced ahead of its competitors by offering the home loan at 8.35% per annum. The offer is available to everyone including the ones staying in Indore, Madhya Pradesh.

Bank of Baroda Home Loan Indore at a Glance

Eligibility Criteria

What about the eligibility criteria for a BoB Home Loan in Indore? This is the question you may be asking, right! So below are the points that you can look to know the same.

• 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

The bank would ask you to submit few documents pertaining to identity, address, residence and the property in question. This is an important job on your part as any negligence could make it tough for you buy a home in Indore. So, here are the documents that you should submit to avoid the unfortunate incident of home loan application rejection by Bank of Baroda.

Seeking more information? Visit Home Loan Indore

Bank of Baroda Home Loan Indore Branches

Get your feet ready to run all the way to file your home loan application at your nearest BoB branch in Indore by following the list below. It contains information regarding the address, IFSC Code, MICR Code, as well as the contact details to let you visit the branch comfortably. So, look below and submit your application.