IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Home Loan scheme for , & Individuals - Urban Areas

BoB Housing Loans for , & with government subsidy benefits. Get affordable urban housing finance, quick approvals, low interest rates, flexible repayment, and CLSS eligibility. Apply now!

TenureThe page's home-loan FAQ states a maximum home-loan term of 30 years, ending no later than retirement or age 65, whichever is earlier; it does not publish a separate EWS/LIG/MIG-specific term.FeesProcessing charge is stated as nil; legal and valuation out-of-pocket expenses are recovered at actual cost capped at ₹5,000 plus GST.Loan typeHome loan
Official product page ↗Compare category

Quick eligibility check

Home Loan scheme for , & Individuals - Urban Areas

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your age meet this requirement: Minimum age 21 and maximum age 60?

Published source: Age and housing eligibility

2Do you meet this requirement: applicant may own no home or one home, must self-declare it, and the house carpet area is up to 60 sq m in an urban or metro centre?

Published source: Age and housing eligibility

3Does your annual income meet this requirement: Applicant annual income up to ₹9 lakh?

Published source: Maximum annual income

4Do you have a regular source of income?

Published source: Maximum annual income

5Does your annual income meet this requirement: Applicant annual income must be up to ₹9 lakh?

6Document checkDo you have this required document or proof: Home-loan checklist documents, KYC, property papers and evidence of the 12-month account/UPI history?

Published source: Age and housing eligibility

7Document checkDo you have at least one of these required documents: Self-declaration of owning no home or one home and income/digital-footprint evidence as assessed by the Bank?

Published source: Age and housing eligibility

8Document checkDo you have this required document or proof: Salary slips, Form 16, ITR acknowledgements, advance-tax challans and certified balance sheets/P&L are expressly not required under this scheme?

Published source: Age and housing eligibility
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Age and housing eligibilityMinimum age 21 and maximum age 60; applicant may own no home or one home, must self-declare it, and the house carpet area is up to 60 sq m in an urban or metro centre.View source
The official features section publishes age, home-ownership and carpet-area criteria.
Source
Home Loan Scheme for , & Individuals — Urban Areas
Page / section
Product Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
PurposePurchase or construction of a new home, purchase of a built home, additions, repairs, or renovation; standalone plot purchase is not allowed, although land plus construction may be financed within the project-cost limit.View source
The official purpose section lists permitted uses and excludes standalone plot purchase.
Source
Home Loan Scheme for , & Individuals — Urban Areas
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum home financeMetro centres: ₹35 lakh with maximum project cost ₹45 lakh. Other centres: ₹25 lakh with maximum project cost ₹30 lakh. Home improvement: ₹10 lakh metro and ₹6 lakh other centres.View source
The official maximum-loan table publishes separate metro, other-centre and improvement limits.
Source
Home Loan Scheme for , & Individuals — Urban Areas
Page / section
Maximum Loan Amount
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
FeesProcessing charge is stated as nil; legal and valuation out-of-pocket expenses are recovered at actual cost capped at ₹5,000 plus GST.View source
The official fee section publishes nil processing charge and the ₹5,000 plus legal/valuation cap.
Source
Home Loan Scheme for , & Individuals — Urban Areas
Page / section
Interest rates & charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Security / routeApplications originate through the Jan Samarth portal and are governed by applicable RBI, LTV, credit-appraisal and Bank of Baroda home-loan rules. Security is the equitable mortgage of the financed property.View source
The official terms and publish the Jan Samarth route and equitable-mortgage security.
Source
Home Loan scheme for , & Individuals — Urban Areas
Page / section
Terms & Conditions /
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Loan typeHome loanView source
The official product name identifies this as “Home Loan scheme for , & Individuals - Urban Areas”.
Source
Home Loan scheme for , & Individuals - Urban Areas — official product page
Page / section
Official product name and loan classification
Accessed
15 Aug 2026
Confidence
high
Open official source ↗
Maximum annual incomeApplicant annual income up to ₹9 lakh; a regular income source and at least 12 months of Bank-account or UPI transaction history are required.View source
The official page publishes the ₹9 lakh income ceiling and 12-month account/ history requirement.
Source
Home Loan Scheme for , & Individuals — Urban Areas
Page / section
Eligible Customer / Product Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkBank of Baroda says BRLLR applies to all retail lending products. The current page lists BRLLR at 7.90% (repo 5.25% + markup/base spread 2.65%) effective 6 December 2025 and 1-year MCLR at 8.75% effective 12 August 2026. Product-specific spreads, CIBIL pricing and scheme conditions determine the applicable rate.Effective 12 Aug 2026View source
The page states that was introduced for all retail lending products and gives the current , repo-plus-spread composition and reference. It does not state that one single spread applies to every product.
Source
Bank of Baroda Retail Loans Interest Rates
Page / section
benchmark; benchmark; retail loan rate tables
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
TenureThe page's home-loan FAQ states a maximum home-loan term of 30 years, ending no later than retirement or age 65, whichever is earlier; it does not publish a separate EWS/LIG/MIG-specific term.View source
The product page's gives the bank's standard home-loan term rule; the scheme sections do not provide a different term.
Source
Home Loan Scheme for , and Individuals — official product page
Page / section
— average tenure of a home loan
Accessed
29 Aug 2026
Confidence
medium
Open official source ↗
PrepaymentPart or full prepayment from the borrower’s own sources is permitted. The reviewed EWS/LIG/MIG page does not state a percentage or rupee prepayment charge for this scheme; applicable Bank of Baroda home-loan rules and the sanction terms govern any charge.View source
The says the borrower may prepay the loan in part or in full from own sources. No charge amount is printed for this scheme on the page.
Source
Home Loan scheme for , & Individuals — Bank of Baroda official product page
Page / section
— ‘But can I prepay the loan ahead of schedule?’; Terms & Conditions
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsMinimum age 21 and maximum age 60; applicant may own no home or one home, must self-declare it, and the house carpet area is up to 60 sq m in an urban or metro centre.View source
The manually reviewed product record states: “Minimum age 21 and maximum age 60; applicant may own no home or one home, must self-declare it, and the house carpet area is up to 60 sq m in an urban or metro centre.”.
Source
Home Loan scheme for , & Individuals - Urban Areas — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Urban/metro home finance for // applicants with regular income and digital banking/economic footprints, including unorganised-sector workers and 2.0 beneficiary groups.
  • Home-loan limits are ₹35 lakh in metro centres (project cost up to ₹45 lakh) and ₹25 lakh elsewhere (project cost up to ₹30 lakh).
  • Home-improvement limits are ₹10 lakh in metro centres and ₹6 lakh elsewhere; salary slips, Form 16 and several /balance-sheet documents are not required.

Eligibility

  • Applicant annual income must be up to ₹9 lakh; minimum age is 21 and maximum age is 60.
  • A satisfactorily maintained Bank account or transaction history for at least 12 months is required, and primary banking must move to Bank of Baroda before disbursement.
  • Applicant may own no home or one home and must provide a self-declaration; residential carpet area is capped at 60 sq m.
  • Purpose includes purchase/construction, purchase of a built home, additions, repairs and renovation; standalone plot purchase is not allowed.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Home-loan checklist documents, , property papers and evidence of the 12-month account/ history.
  • Self-declaration of owning no home or one home and income/digital-footprint evidence as assessed by the Bank.
  • Salary slips, Form 16, acknowledgements, advance-tax challans and certified balance sheets/P&L are expressly not required under this scheme.

Related official documents

Bank of Baroda Retail Loans Interest Rates — current BRLLR and MCLR referencesofficial-interest-rate-page · current · accessed 29 Aug 2026
↗
Home Loan scheme for EWS, LIG & MIG Individuals — Bank of Baroda official product pageofficial-product-page · current · accessed 29 Aug 2026
↗
Home Loan Scheme for EWS, LIG and MIG Individuals — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

· Published value7.90% = repo 5.25% + markup/base spread 2.65%

This value is copied from Bank of Baroda retail-lending benchmark reference. Check the table notes before relying on it.

Source: Bank of Baroda Retail Loans Interest Rates · benchmark; benchmark Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 3 rows · 4 columnsBank of Baroda retail-lending benchmark referenceCurrent benchmark values and effective dates from the official retail-loans rate page.View tableHide table

Scroll sideways to view every column

Bank of Baroda retail-lending benchmark reference
ReferencePublished valueEffective dateUse
7.90% = repo 5.25% + markup/base spread 2.65%6 December 2025Benchmark for retail lending; product-specific spread and risk pricing still apply.
1-year 8.75%12 August 2026Reference used by products or fixed/legacy pricing that expressly links to .
Base rate9.45%12 May 2025Reference where a product's published terms expressly use Base Rate.
  • The page says covers retail lending products but also shows product-specific spread tables; the benchmark is not itself the final customer rate.
Bank of Baroda Retail Loans Interest Rates · benchmark; benchmark · effective 12 Aug 2026 · accessed 29 Aug 2026Open official source ↗
Table 2 · 13 rows · 2 columnsEWS/LIG/MIG urban home-loan published termsScheme limits, eligibility and charges transcribed from the complete official page and FAQ.View tableHide table

Scroll sideways to view every column

EWS/LIG/MIG urban home-loan published terms
TopicPublished value
Customer group// urban and metro applicants, including small traders, unorganised workers, members and named government-scheme beneficiaries.
Annual incomeUp to ₹9 lakh.
Account historyRunning bank account or transaction history for at least 12 months; primary banking must shift to Bank of Baroda before disbursement.
AgeMinimum 21 and maximum 60 years.
Carpet areaUp to 60 sq. m.
PurposePurchase/construction of a new or built house/flat, additions, repairs, renovation or alteration; standalone plot purchase excluded.
Maximum home loanMetro: ₹35 lakh with project cost up to ₹45 lakh; other centres: ₹25 lakh with project cost up to ₹30 lakh.
Home improvementMetro: ₹10 lakh; other centres: ₹6 lakh.
Processing / legal feesProcessing fee nil; legal and valuation expenses at actuals capped at ₹5,000 + .
Tenure Standard home-loan gives up to 30 years, not beyond retirement or age 65, whichever is earlier; no separate scheme term.
Prepayment Part/full prepayment from own sources is allowed; no scheme-specific charge is stated.
Rate / No scheme-specific interest rate or is published on this page.
SecurityEquitable mortgage of the financed property under applicable home-loan rules.
  • The standard home-loan values are labelled as such and are not presented as a separate // rate schedule.
Home Loan Scheme for , and Individuals — official product page · Eligible Customer; Product Features; Maximum Loan Amount; Documents Required; Interest rates & charges; Terms & Conditions; · accessed 29 Aug 2026Open official source ↗
Table 3 · 8 rows · 2 columnsEWS/LIG/MIG urban home loan — repayment termsPublished scheme limits and repayment conditions from the official product page.View tableHide table

Scroll sideways to view every column

EWS/LIG/MIG urban home loan — repayment terms
TopicPublished detail
Annual-income bandApplicant annual income up to ₹9 lakh
Home-loan amountMetro centres up to ₹35 lakh (project cost up to ₹45 lakh); other centres up to ₹25 lakh (project cost up to ₹30 lakh)
Home-improvement amount₹10 lakh in metro centres; ₹6 lakh in other centres
AgeMinimum 21 years; maximum 60 years
Banking historyRunning Bank account/ transaction history for at least 12 months
TenureUp to 30 years, but not beyond retirement or age 65, whichever is earlier ()
PrepaymentPart or full prepayment from own sources permitted; page does not publish a charge amount
Processing/legal/valuationProcessing fee nil; legal and valuation expenses at actuals capped at ₹5,000 plus
  • The scheme is originated through Jan Samarth and remains subject to applicable / norms, credit appraisal and Bank of Baroda home-loan rules.
Home Loan scheme for , & Individuals — Bank of Baroda official product page · Product Features, Maximum Loan Amount, Interest rates & charges, Terms & Conditions and · accessed 29 Aug 2026Open official source ↗
Table 4 · 8 rows · 2 columnsEWS/LIG/MIG urban home loan — limits and feesPublished income, age, transaction, loan and fee rows.View tableHide table

Scroll sideways to view every column

EWS/LIG/MIG urban home loan — limits and fees
TermPublished detail
IncomeAnnual income up to ₹9 lakh
Age21 to 60 years
HistoryBank account/ transaction history for at least 12 months
Home loan — metro₹35 lakh; project cost up to ₹45 lakh
Home loan — other centres₹25 lakh; project cost up to ₹30 lakh
Improvement₹10 lakh metro; ₹6 lakh other centres
AreaCarpet area up to 60 sq m
FeesProcessing nil; legal/valuation actuals capped at ₹5,000 +
  • Salary slips, Form 16, acknowledgements, advance-tax challans and certified balance sheets/P&L are not required under this scheme.
Home Loan Scheme for , & Individuals — Urban Areas · Product Features; Maximum Loan Amount; Documents Required; Interest rates & charges · accessed 30 Aug 2026Open official source ↗

More from Bank of Baroda

Related products

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP)

A demand loan, term loan or overdraft against eligible Kisan Vikas Patra (/e-). The bank states there is no maximum loan ceiling, while its says lending may be up to 80–85% of the certificate face value. Apply at a branch.

View product

Baroda Advance Against Securities( Life Insurance Policies)

A term/demand loan or overdraft against an eligible assigned life-insurance policy. Minimums are ₹3,000 for term/demand and ₹20,000 for overdraft; the bank states no maximum ceiling and an advance of up to 80%–85% of surrender value.

View product

Baroda Advance Against Securities (National Savings Certificate)

A Bank of Baroda term loan, demand loan or overdraft secured by National Savings Certificates. Public borrowers have no stated maximum ceiling; minimums are ₹3,000 for term/demand and ₹20,000 for overdraft. A lien must be recorded with the issuing post office before disbursement.

View product

Baroda Advance against the securities (Relief Bonds /Government Bonds)

Bank of Baroda offers demand loans, term loans and overdrafts secured by eligible Relief or Government bonds. Published minimums are ₹3,000 for demand/term loans and ₹20,000 for overdrafts; the bank states no maximum ceiling. Its says government savings-bond advances may reach 80%–85% of face value.

View product