50 Lakh Home Loan Bank of Baroda

Bank of Baroda 50 Lakh home loan offers a great opportunity to make your dream home a reality. With low interest rates, low processing charges, and options of top-up loans, you can avail of an easy loan of50 lakhs for purchasing a house or flat, buying a plot, or renovating your current home. Enjoy longer tenures of up to 30 years and no hidden charges or pre-payment penalty. Apply now to get a free credit card and make your home-buying journey seamless and hassle-free with Bank of Baroda.

50 Lakh Home Loan Bank of Baroda – Highlights 

50 Lakh home loan emi for 10 years Bank of Baroda

Here are some general projections of EMI for a 50 Lakh home loan from the Bank of Baroda.

50 Lakh home loan emi for 10 years Bank of Baroda at a floating rate of 8.40%.

50 Lakh home loan emi for 10 years Bank of Baroda at a fixed rate of 10.15%.

For a Home Loan availed at a different interest rate, you can calculate the exact EMI using the  50 Lakh loan emi calculator of Bank of Baroda.

50 Lakh home loan emi for 20 years Bank of Baroda

50 Lakh home loan emi for 20 years Bank of Baroda at a floating rate of 8.40%.

50 Lakh home loan emi for 20 years Bank of Baroda at a fixed rate of 10.15%.

50 Lakh Bank of Baroda home loan – Fees and Charges 

50 Lakh Bank of Baroda home loan – Documents Required 

PAN Card (mandatory for loans above Rs. 10 Lakhs)

Proof of Identity

Proof of Residence

Proof of assets for secured loans

Concerned Property Documents

Additional Documents for Salaried

• Latest 3 months’ Salary Slips & latest 1-month salary slip for Guarantors.
• Form 16 & ITR – last 1year of Applicants & Guarantors (if applicable).
• Copy of Employee identity Card issued by Employer.
• Appointment/Promotion/Increment letter confirming duration of employment.
• 6 months Bank A/c statement

Additional Documents for Self-employed

• Balance Sheet & Profit & Loss A/c, Computation of Income – Last 2 years
• Last 2 years’ IT Returns
• Business proof, such as a registration certificate or service tax registration.
• IT Assessment / Clearance Certificate, Income Tax Challans / Form 16A / Form 26 AS for income declared in ITR.
• Firm’s PAN card, Address Proof of Firm / Company (for partnership business)

Additional Documents for NRI

• Passport with Visa stamped (mandatory)
• Proof of Indian and Abroad address
• NRE Savings Bank statement of account for the last 6 months

50 Lakh Bank of Baroda home loan – Eligibility Criteria 

The criteria set for 50 Lakh home loan eligibility in Bank of Baroda is strict, with less scope of flexibility, except for some special cases.

Resident Type:

• Resident Indians
• NRIs holding Indian passports
• PIOs holding foreign passports
• Overseas Citizens of India

Age:

• Minimum Applicant Age: 21 Years
• Minimum Co-applicant Age: 18 Years
• Maximum Age at Loan Maturity:70 years

Maximum Loan Amount Eligibility:

• Mumbai: Rs. 25 Crores
• Hyderabad, New Delhi (including National Capital Region) and Bengaluru: Rs.7.50 Crore
• Other Metros: Rs. 5.00 Crores
• Urban Areas: Rs. 3.00 Crores
• Semi-urban and Rural: Rs. 1.00 Crores
• Chandigarh, Panchkula & Mohali: Rs. 5 Crores