Bank of Baroda Home Loan 2025 gives Indian borrowers access to flexible housing finance with attractive interest rates, PMAY subsidy support, and easy EMI options. Explore features, eligibility, and step-by-step application process.
If you’re planning to buy, build, or renovate your home in 2025, Bank of Baroda Home Loan 2025 can be your trusted financing solution. With its combination of competitive interest rates, long repayment tenure, and access to government subsidies like PMAY, BoB makes home ownership more attainable for salaried, self-employed, and NRI customers alike.
In this comprehensive guide, we’ll break down everything you need to know about applying for a Bank of Baroda Home Loan in 2025 : interest rates, eligibility, documents, EMI breakdowns, subsidy benefits, and expert tips to ensure smooth approval.
Overview – Bank of Baroda Home Loan 2025
Bank of Baroda offers a diverse range of housing finance products, catering to salaried professionals, self-employed individuals, NRIs, and existing BoB customers.
| Feature / Details | Information |
| Bank Name | Bank of Baroda (Public Sector) |
| Loan Category | Home Loan (PMAY Linked) |
| Target Year | 2025 |
| Interest Rate | Starting from 8.40% p.a. |
| Max Loan Amount | Up to ₹5 Crore |
| Max Tenure | Up to 30 Years |
| Subsidy (PMAY) | Up to ₹2.67 Lakh |
| Processing Fee | 0.25% – 0.50% (Waived in Offers) |
| Official Website | bankofbaroda.in |
Types of Bank of Baroda Home Loans Available in 2025
BoB provides multiple loan variants based on borrower profile and property purpose:
Baroda Home Loan – For purchase/construction of new property
Home Loan Advantage – Linked to savings account for interest savings
Home Loan for NRIs/PIOs – Specifically for Non-Resident Indians
Baroda Pre-Approved Home Loan – Based on income and credit score
Home Loan Takeover – Transfer existing loan from other banks to BoB
Baroda Top-Up Loan – Extra funds over existing home loan
Home Improvement Loan – For renovation, extension, and repairs
Bank of Baroda Home Loan 2025 Interest Rates
Interest rates depend on applicant category, credit score, and loan amount. Here’s a breakdown:
| Category | Interest Rate (Floating) |
|---|---|
| Salaried (CIBIL ≥ 750) | 8.40% – 9.50% |
| Salaried (CIBIL < 750) | 9.60% – 10.50% |
| Self-employed | 8.60% – 10.75% |
| NRI Applicants | 8.70% – 10.90% |
| Women Applicants | 0.05% interest concession |
| Top-up Loan | 9.15% – 11.25% |
Rates are linked to the Baroda Repo Linked Lending Rate (BRLLR) which is reviewed periodically.
Eligibility Criteria for Bank of Baroda Home Loan 2025
| Parameter | Criteria |
|---|---|
| Age | 21 – 70 years (at loan maturity) |
| Income | ₹25,000+ monthly (may vary by location) |
| Employment | Salaried or self-employed with stable income |
| Work Experience | Min. 1 year (salaried), 3 years (self-employed) |
| Credit Score | 700+ preferred, 750+ ideal |
| Residency | Indian residents and NRIs eligible |
BoB also considers joint applicants to boost loan eligibility (e.g., spouse or parents).
Documents Required for Bank of Baroda Home Loan 2025
KYC Documents (All Applicants):
PAN Card
Aadhaar / Passport / Voter ID / Driving License
Passport-size photographs
Income Documents:
Salaried:
Last 3 months salary slips
Last 6 months bank statement
Form 16 or ITR (latest)
Self-Employed:
2 years ITR
Audited P&L and balance sheet
Business registration/GST/UDYAM
NRI Applicants:
Valid passport and visa
Employment contract/appointment letter
NRE/NRO account statement
Property Documents:
Agreement to sale
Allotment letter (for builder property)
Title deeds, tax receipts
Approved building plan
PMAY Subsidy with Bank of Baroda Home Loan
Eligible first-time homebuyers can get interest subsidy up to ₹2.67 lakh under PMAY CLSS (Credit Linked Subsidy Scheme).
PMAY Subsidy Slabs:
| Income Group | Interest Subsidy | Max Loan Eligible | Max Subsidy |
|---|---|---|---|
| EWS (≤ ₹3 lakh) | 6.5% | ₹6 lakh | ₹2.67 lakh |
| LIG (₹3–6 lakh) | 6.5% | ₹6 lakh | ₹2.67 lakh |
| MIG-I (₹6–12 lakh) | 4.0% | ₹9 lakh | ₹2.35 lakh |
| MIG-II (₹12–18 lakh) | 3.0% | ₹12 lakh | ₹2.30 lakh |
Fill in CLSS declaration
Submit property & income documents
Bank sends request to NHB
Subsidy credited to loan account within 3–6 months
Sample EMI Calculation in Bank of Baroda Home Loan 2025
Let’s assume ₹25 lakh loan at 9% for 20 years:
| Loan Amount | Monthly EMI |
|---|---|
| ₹10 lakh | ₹8,991 |
| ₹20 lakh | ₹17,982 |
| ₹25 lakh | ₹22,478 |
| ₹30 lakh | ₹26,974 |
| ₹50 lakh | ₹44,955 |
Use BoB’s EMI Calculator to adjust tenure and amount.
How to Apply for Bank of Baroda Home Loan Online
Visit BoB Home Loan Page
Choose loan product
Click “Apply Now”
Fill application with PAN, income, employment details
Upload documents (KYC, income, property)
Get instant eligibility result
Proceed to loan sanction
Physical property verification & legal clearance
Final disbursement after agreement signing
Benefits of Choosing BoB Over Other Lenders
| Feature | Bank of Baroda | Private Banks |
|---|---|---|
| Interest Rate | Lower (8.40%–10.5%) | 9.50%+ |
| Processing Fees | Lower / Waived | 0.5%+ |
| Prepayment Charges | NIL | May apply |
| PMAY Support | Full integration | Varies |
| Customer Base | PAN-India, Govt linked | Mixed |
| Trust Score | High (Public Sector) | Moderate |
Pre-Approved & Balance Transfer Loans
Pre-approved offers for salary account holders
Transfer your existing loan to BoB at lower rate
Get additional top-up loan during balance transfer
Enjoy PMAY subsidy even during takeover (if eligible)
- Best Rates, Subsidy Schemes & EMI Options
Important Links For BoB Home Loan 2025
| Bank of Baroda officials website | click here |
| home page | click here |
| Join WhatsApp group | join here |
Authoritative External Links
FAQs – BoB Home Loan 2025
Q1: What is the maximum tenure for BoB home loans?
Up to 30 years for salaried individuals; 20–25 years for self-employed.
Q2: Can I get a BoB home loan without Form 16?
Yes, but you’ll need to provide alternate income proof like ITR or bank statements.
Q3: Does BoB support PMAY subsidy?
Yes, it is a registered lender under PMAY-CLSS.
Q4: Can I apply for a home loan with a co-applicant?
Yes. Co-applicants improve loan eligibility and can be family members.
Q5: How soon will I get the disbursal?
Typically within 7–10 working days after approval and document verification.
Q6: Can I apply if I’m self-employed?
Yes, if you have at least 3 years of business continuity and income proof.
Q7: Is there any special scheme for women?
Yes, 0.05% interest concession is given to women borrowers.
Q8: What if I want to repay early?
You can prepay in part or full anytime without penalty (floating rate loans).
Q9: Is there a processing fee waiver?
Yes, during festive or limited-time campaigns, BoB may waive fees.
Q10: Is NRI eligible for BoB housing loans?
Yes. NRI/PIO customers can apply with NRE/NRO accounts and valid documents.
Conclusion
Bank of Baroda Home Loan 2025 offers a reliable and affordable way to finance your dream home. With interest rates starting at 8.40%, zero prepayment charges, PMAY subsidy benefits, and easy online application, it’s a smart choice for salaried, self-employed, and NRI borrowers. Whether buying, building, or renovating, BoB makes homeownership simple and cost-effective.