Looking for the latest Bank of Baroda (BOB) home loan interest rates in 2025? This comprehensive guide covers everything you need to know—current rates, eligibility, types of loans, EMI calculations, and tips to get the lowest interest rate.
Bank of Baroda Home Loan Interest Rates 2025 – Key Highlights
| Parameter | Details |
|---|---|
| Current BOB BRLLR (Floating Rate Benchmark) | 8.65% (Repo Rate 6.00% + 2.65% Spread) |
| Floating Interest Rate Range | 8.00% – 10.10% p.a. (varies by loan type & borrower profile) |
| Fixed Interest Rate Range | 9.65% – 11.10% p.a. |
| Loan Tenure | Up to 30 years |
| Max Loan Amount | Up to ₹10 Crores (depends on property value & income) |
| Processing Fee | 0.25% – 0.50% of loan amount + GST |
🔹 Best for: Salaried professionals, self-employed individuals, and NRIs
🔹 Special Offers: Lower rates for women borrowers, high CIBIL scores (750+), and loans ≤ ₹75 lakhs
Latest BOB Home Loan Interest Rates (April 2025)
BOB offers floating and fixed-rate home loans, linked to BRLLR (Baroda Repo Linked Lending Rate) or MCLR (Marginal Cost of Funds Lending Rate).
1. Floating Interest Rates (BRLLR-Linked)
| Loan Type | Salaried Rates (p.a.) | Non-Salaried Rates (p.a.) |
|---|---|---|
| Standard Home Loan (≤ ₹75L) | 8.00% – 9.50% | 8.00% – 9.60% |
| Standard Home Loan (> ₹75L) | 8.25% – 9.75% | 8.25% – 9.85% |
| Home Improvement Loan | 8.00% – 9.50% | 8.00% – 9.60% |
| Top-Up Loan | Linked Home Loan Rate + 0.85% | Same as salaried |
2. Fixed Interest Rates
| Loan Type | Salaried Rates (p.a.) | Non-Salaried Rates (p.a.) |
|---|---|---|
| Standard Home Loan (≤ ₹75L) | 9.65% – 10.50% | 9.75% – 10.60% |
| Standard Home Loan (> ₹75L) | 9.90% – 10.75% | 10.00% – 10.85% |
💡 Pro Tip: Floating rates are cheaper now, but fixed rates provide stability if RBI hikes rates.
Factors Affecting BOB Home Loan Interest Rates
Your final interest rate depends on:
✔ Credit Score (CIBIL) – 750+ gets the lowest rates
✔ Loan Amount – Higher loan (>₹75L) = Slightly higher rate
✔ Income & Employment Type – Salaried borrowers get better rates
✔ Property Type – Ready-to-move properties have lower risk & rates
✔ Customer Profile – Women borrowers often get 0.05% – 0.10% discount
How to Get the Lowest BOB Home Loan Interest Rate?
- Improve CIBIL Score (750+ for best rates)
- Opt for BRLLR-linked loans (better than MCLR for transparency)
- Compare floating vs fixed rates before applying
- Negotiate with BOB (existing customers get better deals)
- Apply jointly (if co-applicant has high income & good credit)
BOB Home Loan EMI Calculator
Example:
- Loan Amount: ₹50 Lakhs
- Interest Rate: 8.50% (floating)
- Tenure: 20 years
- EMI: ₹43,391 per month
BOB Home Loan Eligibility & Documents
Eligibility Criteria
- Age: 23 – 70 years (salaried) / 25 – 70 years (self-employed)
- Income: ₹25,000+ per month (salaried) / ₹3 Lakhs+ per annum (self-employed)
- Work Experience: 2+ years (salaried) / 3+ years (self-employed)
Try Our Home Loan Eligibility Calculator
Documents Required
- KYC: Aadhaar, PAN, Passport
- Income Proof: Salary slips / ITR (last 2 years)
- Property Papers: Sale deed, NOC (if applicable)
BOB Home Loan Processing Fees & Charges
| Fee Type | Charges |
|---|---|
| Processing Fee | 0.25% – 0.50% of loan amount + GST |
| Prepayment Charges | 0% for floating rates (as per RBI norms) |
| Late Payment Penalty | 2% per month on overdue EMI |
BOB vs Other Banks – Home Loan Interest Rate Comparison
| Bank | Floating Rate Range (2025) | Max Tenure |
|---|---|---|
| Bank of Baroda (BOB) | 8.00% – 10.10% | 30 years |
| SBI | 8.05% – 9.65% | 30 years |
| HDFC | 8.10% – 9.80% | 30 years |
| LIC Housing Finance | 8.15% – 9.90% | 30 years |
💡 Verdict: BOB offers competitive rates, especially for loans below ₹75 lakhs.
FAQs on BOB Home Loan Interest Rates
Final Verdict: Should You Choose BOB Home Loan?
✔ Lowest starting rate (8.00%) for eligible borrowers
✔ No prepayment penalty on floating-rate loans
✔ Long repayment tenure (up to 30 years)
✔ Good for salaried & self-employed applicants
⚠️ Drawback: Fixed rates are higher than competitors (9.65%+).
🔗 Apply Now: BOB Home Loan Application