Bank of Baroda Home Loan in Purnea, Bihar

If you are dreaming of buying your own house, Avyud Finance helps you to get a home loan from Bank of Baroda. Our Home Loan Services are packed with many specific features and benefits for homeowners. Home Loan can be used for various purposes. For example, you can buy a plot, buy a flat, build your own house and even expand your existing residence with a home loan.

Bank of Baroda Home Loan Important Information

• Home Loan products to suit every customers need


• The approved home loan amount varies according to location and income of the applicants.


• Low Interest Rates


• Low Processing Fee


• No Hidden Charges


• No Pre Payment Penalty


• The interest rate is linked to Baroda Repo Linked Lending Rate (BRLLR) of the bank and is reset monthly.


• Interest charges on Daily Reducing Balance
• Repayment up to 30 years


• Moratorium period up to 36 months after the loan amount is disbursed.


• Generally, we accept mortgages of the constructed or purchased property as collateral. In some cases, collateral for home loans can be accepted in the form of insurance policies, government promissory notes, shares and debentures, gold ornaments and other property etc.

Eligibility Criteria for Bank of Baroda Home Loan

• Resident Indians


• Non-Resident Indians (NRIs) holding Indian passport or Persons of Indian origin (PIOs) holding foreign passport or Overseas Citizens of India (OCI)

• Applicant:- 21 Years


• Co-applicant:- 18 Years


• Maximum Age: 70 years


• Loan Tenure: up to 30 years.

• Mumbai : Rs. 20 Crores


• Other Metros : Rs. 7.50 Crores


• Urban Areas : Rs. 3.00 Crores


• Semi-urban and Rural : Rs. 1.00 Crores


• Chandigarh, Panchkula & Mohali:- Rs. 5 Crores

Documents Required for Bank of Baroda Home Loan

• Duly Filled and Signed Application form along with three Photographs


• Proof of Identity - PAN CARD (mandatory for loan application above Rs.10.00lacs


• Driver’s License / Voter ID / Passport / Aadhar Card


• Proof of Residence(Driver’s License / Ration Card/ Voter ID / Passport / Aadhar Card / Registered Rent Agreement)


• If any previous loan then loan a/c statement for last 1 year along with sanction letter. ( If loan from BoB, Account No / Cust Id required)


• Proof of assets held like LIC/NSC/KVP/MF/PROPERTY


• Assets and Liabilities statement


• ITR Verification report

Fees & Charges for Bank of India Home Loan

• Processing Charge of 0.25% of the loan amount


• Ordinary Post – Actual, subject to Min. Rs 15/-


• Registered / Speed Post/courier – Actual, subject to Min. Rs 75/-


• Fax - Actual, subject to Min Rs 60/-


• Courier Charges: Rs 75- per instrument per occasion, unless otherwise specified to the contrary.


• For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates, across the board plus Taxes


• Floor rates shall mean rates of service charges fixed by our bank as detailed in this circular.