Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Interest benchmarkLinked to Bank of Baroda's BRLLR and reset monthly; interest is charged on a daily reducing balance
Source 1Maximum repayment tenureUp to 30 years
Source 2Maximum moratoriumUp to 36 months after disbursement
Source 3Prepayment penalty₹0
Source 4Applicant ageApplicant minimum 21 years; co-applicant minimum 18 years; maximum age 70 years
Source 5Maximum loan amount by locationMumbai ₹20 crore; Hyderabad, Delhi NCR and Bengaluru ₹7.5 crore; other metros and Chandigarh–Panchkula–Mohali ₹5 crore; urban ₹3 crore; semi-urban/
Source 6Benefits and features
- Up to 30-year repayment
- Up to 36 months' moratorium after disbursement
- No published prepayment penalty
- Daily reducing-balance interest calculation
Eligibility
- Available to resident Indians and eligible NRI, PIO and OCI applicants.
- The approved amount depends on property location, income and credit eligibility.
- Security is generally a mortgage of the constructed or purchased property; the bank lists other acceptable collateral in some cases.
- Confirm the current effective interest rate and charges directly with the bank before applying.
Passing a listed condition does not mean the bank will approve an application.