35 Lakh Home Loan Bank of Baroda

Bank of Baroda's 35 lakh home loan enables you to purchase or construct a new home. You can also use the loan amount to extend or renovate the existing home, making it a more versatile financing option. To avail of this loan, you must submit a form of security/collateral to the bank, including the property or house intended to be acquired using the loan amount. However, eligible candidates can benefit from competitive interest rates, flexible repayment terms, a seamless application process, quick fund disbursal, and more.

Thus, Urban Money provides a concise overview of this borrower-friendly financing solution. We primarily aim to provide details such as the Bank of Baroda home loan interest rate of 35 lakhs, its eligibility criteria, necessary documents, and associated fees. Furthermore, we will illustrate the 35 lakh home loan EMI in Bank of Baroda for various tenures, such as 10 and 20 years. This way, you can ultimately determine whether this loan is best suited for you. Let’s scroll down.

35 Lakh Home Loan Bank of Baroda – Highlights

Here is a list of key parameters regards the Bank of Baroda’s 35 lakh home loan:

35 Lakh Home Loan EMI for 10 Years Bank of Baroda

Here are the 35 lakh home loan EMI in Bank of Baroda for a 10-year loan tenure:

35 Lakh Home Loan EMI for 20 Years Bank of Baroda

Here are the estimated 35 lakh home loan EMI for 20 years Bank of Baroda:

35 Lakh Bank of Baroda Home Loan – Fees and Charges

Following are the applicable fees and charges for the Bank of Baroda’s 35 lakh home loan:

35 Lakh Bank of Baroda Home Loan – Documents Required

Following are the required documents you may submit for Bank of Baroda’s 35 lakh home loan:

• Proof of Identity: PAN card, Aadhaar card, passport, voter ID, or driving licence.
• Proof of Address: Aadhaar card, passport, bank passbook, or utility bills
• Proof of Income: Form 16, salary slips, IT returns, balance sheet, profit and loss statements, business license, or registration certificate, depending on whether you are salaried or self-employed.
• Proof of Property: No objection certificate, sale deed, allotment letter, or agreement to sell, depending on the type and status of the property you intend to buy.

35 Lakh Bank of Baroda Home Loan – Eligibility Criteria

Here are the 35 lakh home loan eligibility in Bank of Baroda:

• You should be an Indian national with a minimum age of 21 years and a maximum age of 70 years at the time of loan maturity.
• You should possess a strong credit score and maintain a positive credit history. A CIBIL Score of 701 or above is generally considered ideal.
• You should have a stable source of income, either as a salaried employee or a self-employed professional or businessperson.
• You should have a loan-to-value (LTV) ratio of 75% to 90%, depending on the type and value of the property you want to buy.