Bank of Baroda reduced interest rates on home loans, check latest BOB Home Loan interest rates EMI here.
Bank of Baroda (BoB) has reduced the interest rate on home loans from 6.75 per cent to 6.50 per cent per annum.
Bank of Baroda, in a release dated April 22, 2022, said that the new rate of interest on home loans will be applicable till June 30, 2022.
Keeping in view the spurt in housing sales in the last few months, Bank of Baroda has offered a special interest rate of 6.50 per cent for a limited period.
Along with this, customers taking Bank of Baroda home loan will also not have to pay any processing fee.
This interest rate will be applicable to the customers taking new home loan as well as those who transfer the loans taken from other banks to BOB.
Bank of Baroda said that the new home loan interest rate will be available on all home loan amount loans.
Let us tell you that BOB home loan will be available only to the customers having 771 or more CIBIL score.
If you also want to buy your dream home and your CIBIL score is 771 or above then you can apply for Bank of Baroda Home Loan.
If you are planning to buy a house then this is really a great opportunity for you. SBI has given a big gift to the home buyers.