Bank of Baroda Home Loan in Kochi

About Bank of Baroda Home Loan Kochi

Kochi, one of the most important cities of Kerala, is calling the new entrepreneurs to start doing the business here. Plus, there is also a salaried class that feeds on the month-on-month remuneration to take their ship along in this coastal city. Having an own home could well sit on top of the mind of the people down here. They can fulfill that temptation with a pocket-friendly home loan from Bank of Baroda. So, why not take the opportunity to know more about the bank’s home loan offer?

Bank of Baroda Home Loan Kochi at a Glance

ParticularsDetails
Interest Rate8.50% - 9.50%
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

You must have heard the term ‘Conditions Apply’ at the end of an attractive offer. Here also, you need to meet few eligibility criteria before getting the receipt of the loan in Kochi.

  • 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. This is an important job on your part as any negligence could make it tough for the bank to sanction you a home loan in Kochi. So, here check out the documents as stated below to avoid the unfortunate incident of application rejection by BoB.

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 Kochi

Bank of Baroda Home Loan Kochi Branches

Get ready to run all the way to file your home loan application at your nearest BoB branch in Jammu by following the list below. It shows the information regarding the address, IFSC Code, MICR Code, as well as the contact details to let you visit the branch without any problem. Take a look below and find the nearest one to submit your application.

Branch NameComplete AddressIFSCMICRContact Detail
CochinCochin Branch, PB 222 Palace Road, Mattanchery (Ernakulam Dt.)- 682002BARB0COCHIN6820120030484-2224822
ErnakulamErnakulam Branch, Pallimukku, M G Road, Ernakulam-682016BARB0ERNAKU6820120020484-2351205
Ernakulam- NorthErnakulam-North Branch, 36/637 - A Bannerji Road. Ernakulam North Cochin, Ernakulam, Ernakulam- 682018BARB0ERNPOR6820120070484-2366264, 2360553
KochiKochi Branch, 28/94, Panampilly Avenue, Panampilly Nagar, Kochi- 682036 BARB0KOCHBS6820120080484-2310166
VytillaNear Welcare Hospital, S A Road ,Vytilla, Ernakulam, Kerala-682019BARB0VYTILA6820120100484-2389135
W. IslandW. Island Branch, Willington Island; Cochin 3. Ernakulam.Kerala, Cochin-682003BARB0WILLIN6820120040484-2666660
PalarivattomFirst Floor, 34/1860 A, Alwaye Ernakulam Main Road, Mamangalam, Palarivattom Po, Ernakulam-682 025BARB0PALARI682012012

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