Bank of Baroda Home loans

To suit the Buyers budget, Bank of Baroda offers easy Housing loans with numerous conveniences. The Home Loans offering from Bank of Baroda essentially provides for finance in relation to the purchase of a new house, financing of an old house, purchase of a plot and repayment of loans from other housing finance companies.

There are many key benefits one can enjoy by availing the home loans from the Bank of Baroda such as:

Under-construction property
Ready-for-occupation property.
Repaying a loan already taken from other Housing Finance Company.
Availing loan up to Rs.100 lacs, for owning their dream house.

Flexible 25 years loan repayment period.

Apart from the normal Home loans the other home related loans are also available with the Bank of Baroda in different shapes which includes:

Housing Loans to NRIs / PIOs
Home Improvement Loan
Loan Against Future Rent Receivables

Advance Against Property

Housing Loans to NRIs / PIOs

For the benefits of NRIs (Non Resident Indians)/ PIOs (Person of Indian Origin), Bank of Baroda offers a unique housing loan facility. The Home Loans offering from Bank of Baroda basically provides NRIs and PIOs for finance in relation to the purchase of a new house, construction of a new dwelling unit, financing of an old dwelling unit, for repair / renovation / extension of your existing house, purchase of a plot and repayment of loans from other housing finance companies. This is a home loan, which is offered by the Bank of Baroda which is tailor-made for NRI / PIO requirements.

Home Improvement Loan

For Every house loan seeker, there may be different reasons for getting the loan. The reason may be for doing a repair of home or renovations or any other improvement of their house. For all these kind of purposes Bank of Baroda offers Home loans for the prospective loan seekers. The loan for such purposes can be any one from the following:
Loan available for repairs / renovation / improvement / extension of the existing house / purchase of furniture / fixtures / furnishing / other gadgets such as fans, geysers, air conditioners etc. required, to:

The already existing housing loan borrowers
New borrowers

Borrowers who have availed housing loans from other bank/HFC.

Loan against Future Rent Receivables

Considering the growth potential in the real estate in various metros and urban centers, Loan against Future Rent Receivables has been developed by the bank of Baroda, where many commercial properties/shopping malls are being developed and the owners approach banks for loans against securitization of future rent receivables from such properties.

Advance Against Property

Bank of Baroda also you Baroda Advance against Property. The significant features of this loan scheme of Bank of Baroda are:

Maximum loan limit - Rural: Rs.5 Lacs

Other: Rs.100 Lacs

Rate of Interest - 1% over BPLR p.a. with monthly rest.

For further details please click on the link: Bank Of Baroda Home Loans