65 Lakh Home Loan Bank of Baroda

When it comes to getting a home loan, Bank of Baroda's 65 lakh home loan stands out as a reliable choice, offering a spectrum of benefits and options. Eligible applicants typically enjoy advantages such as competitive interest rates, flexible repayment terms, streamlined documentation, and prompt fund disbursement. 

Additionally, with a digitised application process through the Urban Money website, candidates can check eligibility and apply for the loan swiftly, completing the entire application within 10 to 15 minutes without the necessity of visiting physical bank branches. For further insights into this borrower-friendly financing solution, please continue reading.

Bank of Baroda 65 lakh Home Loan – Highlights

Here is a quick snapshot of the highlights of the Bank of Baroda’s 65 lakh home loan:

Bank of Baroda 65 lakh Home Loan EMI for 10 Years

Following are the 65 lakh home loan EMI in Bank of Baroda for a 10-year loan tenure:

65 lakh Home Loan EMI for 20 Years Bank of Baroda

Following are the estimated 65 lakh home loan EMI for 20 years Bank of Baroda:

65 lakh Bank of Baroda Home Loan – Fees and Charges

Following are the fees and charges for the Bank of Baroda’s 65 lakh home loan:

65 lakh Bank of Baroda Home Loan – Documents Required

Following are the required documents you may submit for Bank of Baroda’s 65 lakh home loan:

• Proof of Identity: As a proof of identity, the applicant will need to submit a PAN card, Aadhaar card, passport, voter ID, or driving licence.
• Proof of Address: For address proof, the borrower will need to show their Aadhaar card, passport, bank passbook, or any of the utility bills like water or electricity bills.
• Proof of Income: One will need to submit Form 16, salary slips, IT returns, balance sheet, profit and loss statements, business licence, or registration certificate, depending on whether you are salaried or self-employed.
• Proof of Property: One will need to submit any of the following – No objection certificate, sale deed, allotment letter, or agreement to sell, depending on the type and status of the property you intend to buy.

65 lakh Bank of Baroda Home Loan – Eligibility Criteria

Following are the 65 lakh home loan eligibility in Bank of Baroda:

• Citizenship: Applicants should be Indian nationals.
• Age Requirement: The minimum age for eligibility is 21 years, and the maximum age at the time of loan maturity is 70 years.
• Creditworthiness: A robust credit profile is imperative, along with a favourable credit history. A CIBIL score of 701 or higher is generally deemed ideal.
• Income Stability: Applicants should demonstrate a stable source of income, whether as a salaried employee, self-employed professional, or businessperson.
• Loan-to-Value (LTV) Ratio: The loan-to-value ratio should fall within the range of 75% to 90%, contingent upon the type and value of the intended property purchase.