| Bank of Baroda Home Loan Balance Transfer Highlights | |
| Interest Rate | 8.40%-10.90% p.a. |
| Loan Amount | Up to Rs 20 crore |
| Tenure | Up to 30 years |
| Processing Fees | Flat Rs 8,500 (upfront) |
Rates as of 7th November 2024
Table of Contents
Bank of Baroda Home Loan Balance Transfer Interest Rates
Baroda Housing Loan
| For Salaried | 8.40%-10.60% p.a. |
| For Non-Salaried | 8.40%-10.60% p.a. |
Baroda Max Savings Home Loan
| Up to Rs 75 lakh | 8.40%-10.60% p.a. |
| Above Rs 75 lakh | 8.65%-10.85% |
Baroda Top Up Loan
| Top-up Home Loan | Applicable ROI on linked Home Loan (Based on BRLLR on the date of availing Top up Loan) + Strategic Premium (0.25%) + 0.60% |
Note:
- Interest rate is dependent on loan limit and CIBIL Score of the applicants.
- Risk Premium of 0.05% will remain applicable for customers not obtaining credit insurance cover
Compare Bank of Baroda Home Loan Balance Transfer Interest Rates with Other Lenders
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh | |
| SBI | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | Apply Now |
| HDFC Bank Limited | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| LIC Housing Finance | 8.50% - 10.35% p.a. | 8.50% - 10.55% p.a. | 8.50% - 10.75% p.a. | Apply Now |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Apply Now |
| Punjab National Bank | 8.45% - 10.25% p.a. | 8.40% - 10.15% p.a. | 8.40% - 10.15% p.a. | Apply Now |
| Bank of Baroda | 8.40% - 10.65% p.a. | 8.40% - 10.65% p.a. | 8.40% - 10.90% p.a. | Apply Now |
| IDFC First Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Apply Now |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Apply Now |
| Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Apply Now |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. | Apply Now |
| Godrej Housing Finance | 8.55% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Apply Now |
Reduce your Home Loan EMI with BOB Balance Transfer Click Here
Eligibility Criteria for Availing Bank of Baroda Home Loan Balance Transfer
- Resident Indians, NRIs and PIOs can avail Bank of Baroda Home Loan Balance Transfer facility.
- Minimum age of the applicant should be 21 years and that of the co-applicant should be 18 years at the time of loan application.
- Maximum age at the time of loan maturity should be 70 years.
- Individuals can apply for Home Loan Balance Transfer singly or jointly.
- Non-individuals can apply as applicant/co-applicant/guarantor along with the individuals.
- Applicants having a minimum CIBIL score of 710 have higher chances of getting their home loan applications approved.
- Individuals should have paid at least 12 EMIs of their existing home loan.
Transfer your home loan @ 8.35% p.a. onwards Click Here
Documents Required for Loan Application
- Duly filled application form with signatures and photographs
- ID Proof- PAN Card (mandatory), Driving License, Passport, Aadhar Card, Voter ID
- Address Proof- Ration card, Voter ID, Passport, Aadhar Card, Registered Rent Agreement
- Proof of assets like LIC/NSC/MF/KVP/Property
- ITR verification report
- Assets and Liabilities statement
- In case of a previous loan, loan account statement for last 1 year along with sanction letter (if loan is from Bank of Baroda, account no. or Customer ID is required)
- Foreclosure letter
- Document list in respect of property submitted to bank, duly acknowledged by the bank.