About Bank of Baroda Home Loan Patna
Settled in Patna known as the capital of Bihar? All your wishes there are fulfilled except a home which is eluding you for years? Don’t go any further as Bank of Baroda (BoB) is here to let you get your feet into the dream home without having to pay huge. How? It’s the interest rate that has been reduced drastically in the recent times. For those with a CIBIL score of 760 and more can get the home loan at 8.35% per annum, the lowest in the industry so far.
Bank of Baroda Home Loan Patna 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 bank wants you to meet a few eligibility criteria for accessing the home loan in Patna. Want to get a sight of the same? Look at the below points.
- 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 related 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 Patna. So, check out the documents as stated below to avoid the unfortunate incident of application rejection by BoB.
| 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, property registration document, property allotment letter, valuation copy of the property | 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, property registration document, property allotment letter, valuation copy of the property |
Seeking more information? Visit Home Loan Patna
Bank of Baroda Home Loan Patna Branches
Your chance to file the home loan application at your nearest BoB branch in Patna heightens with a mere glance 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.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Bailly Road | Bailly Road, Ashiana More, Patna, Bihar- 800014 | BARB0ASHPAT | 800012008 | 0612-2596015 |
| Gulzar Baug | Gulzar Baug Branch, At. P.O. -Gulzarbag, Patna City, Patna, 800008 | BARB0GULZAR | 800012004 | 0612-2637530 |
| Patna City | Patna City Branch, At. Po. Patna City , District Patna, Bihar, Patna, 800008 | BARB0PATNAB | 800012003 | 0612-2645084 |
| PBB-Kankarbagh | A/10, Patrakarnagar, Kankarbagh, Patna-800020 | BARB0PBBPAT | 800012007 | 0612-2361394 |
| SRI Krishnap Branch | Sri Krishnap Branch, Naval Arcade, Boring Road, Patna-800001 | BARB0SRIKRI | 800012005 | 0612-2541528 |
| Walmiki Complex | Walmiki Complex, Phulwari Sharif, Patna- 801505 | BARB0WALMEC | 800012006 | 0612-2452336 |
| Danapur | B M Complex, Saguna More, Danapur, Patna, Bihar- 846004 | BARB0DANAPU | 0612-2557159 | |
| Ashjagat | Ashjagat Complex, Rajendra Path, Kadamkuan, Patna, Bihar- 800003 | BARB0RAJEND | 800012009 | |
| Lanka Kachura | Khemni Chakm Main Road, Po- New Jaganpura, Ps- Ram Krishna Nagar, District- Patna, Bihar- 800027 | BARB0LANKAC | 800012503 | 0612-2273635 |
| Lohiya Nagar | Lohiya Nagar, Pc Colony, Near Shalimar Sweets, Kankarbagh, District Patna, Bihar-800020 | BARB0LOHIYA | 0612-2272333 | |
| Kurjimore | Near Loyala High School, Opposite Nalanda Colony, Patna, Bihar-800010 | BARB0KURJIM | 0612-2272333 | |
| Gaighat | Gaighat, Near Pani Tanki, Ashok Rajpath, Patna Dt, Bihar- 800007 | BARB0GAIGHA | 800012016 | |
| A G Colony | Main Road, A G Colony, Patna, Bihar-800023 | BARB0AGCPAT | 800012018 | |
| Buddha Colony | Main Road, Buddha Colony, Patna, Bihar-800001 | BARB0BUDDHA | ||
| Danapur Nizmat | In Front Of Tribhuwan Park, Danapur, Dist Patna, Bihar-800012 | BARB0DANPAT | ||
| Digha | Near Polson, Digha, Dist-Patna, Bihar- 800011 | BARB0DIGHAX | ||
| Chiraura | Chiraura, Village, Po Chiraura, Dist Patna, Bihar-801109 | BARB0CHIRAU | ||
| Jakkanpur | Near Gaudia Math Mandir, Gandhi Path, Jakkanpur, Patna Bihar 800001 | BARB0JAKKAN | ||
| Patel Nagar | Sahdeopath B Bhattacharya Road, West Patel Nagar, Po Shastri Nagar, Tehsil Sadar, Patna, Bihar-800023 | BARB0PATELN | ||
| Bazar Samiti | Kalpana Arcade Bazar Samiti Road Near Moinui Haq Stadium Patna Bihar-800006 | BARB0BAZPAT |