Building your dream is now easier.
Explore Bank of Baroda’s home loans.
Home Loans
Baroda home Loans offer you the flexibility for acquiring ready to occupy house/flat from developers or by choosing re-sale properties and takeover of from other banks.
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Eligibility
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Key Features
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Charges
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Warning Box
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UAE Nationals / Expats / PIO / OCI residing in UAE for last 02 years
For constructing, purchasing or renovating a house for owner occupier or investment purpose
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Age
Maximum- For salaried Class - 65- years at loan maturity
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For Others – 70- years at loan maturity
Limit - Min. – AED 200000 Max -AED 30000000
Home Loan products to suit every customers need
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Low Interest Rates
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Low Processing Fee
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No Hidden Charges
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3rd year onwards interest rate is linked to Emirates Interbank Offered Rate (EIBOR) of the bank and is reset
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Quarterly.
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Interest charges on Daily Reducing Balance
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Longer tenor up to 20 years
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Moratorium period up to 06 months after the loan amount is disbursed.
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Easy Top Up facility available
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Interest Rate and Charges |
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Interest Rates
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First 2 Years – 3.50%p.a. fixed( reducing balance) 3rd Year onwards – 2.15% over 3 months EIBOR with minimum of 4.50% |
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Processing Fees |
New– 1.00% of loan amount or Max AED 25000/- Takeover – 0.50% of loan amount or Max. AED 25000/- |
Debt Management Tool/Guidelines as per Compliance of Consumer Protection Standards of CBUAE
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WARNING: |
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