Bank of Baroda Home Loan in Mumbai

Last Updated : April 3, 2017, 10:53 a.m.

About Bank of Baroda Home Loan Mumbai

The word ‘Aamchi Mumbai’ and the breakfast ‘Wada Pav’ to a large extent sums up the spirit of Mumbai, the financial capital of India. It also is the capital of Maharashtra, one of India’s largest state. Mumbai calling…is what everyone wants to hear because of the massive opportunities that this dream city present to the youth. You could be tempted to buy a home and the fulfillment of your impending wish lies in the hand of Bank of Baroda (BoB), a premier public lender with more than 5,000 branches across the country, with the majority of them in Mumbai.

Bank of Baroda Home Loan Mumbai at a Glance

Eligibility Criteria

The bank wants you to stay in line with a few eligibility criteria for accessing the home loan in Mumbai. All that are shown below.

• 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, residence, income and the property. Don’t show any negligence as it could make the bank to reject or delay the sanctioning of the home loan in Mumbai. So, check out the documents as stated below for a smooth home loan approval by BoB.

Seeking more information? Visit Home Loan Mumbai

Bank of Baroda Home Loan Mumbai Branches

Get ready to file your home loan application at your nearest BoB branch in Mumbai by taking a look at 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.