The government sector Bank of Baroda has made a big cut in the home loan interest rate.

Home Loan Interest Rate:

Bank of Baroda has reduced the interest rate of its home loan by 25 basis points i.e. 0.25 percent to 8.25 percent.

Bank of Baroda has also waived off the home loan application processing fee for a limited period.

Let us tell you that this rate of home loan offered by the Bank of Baroda is lower than that of SBI and HDFC.

The new home loan interest rates of the State Bank of India (SBI) and HDFC (HDFC) are 8.40 percent.

This new rate will be applicable from Monday i.e. 14 November 2022 and will be effective till 31 December 2022.

An official of the Bank of Baroda told that their home loan rate is among the lowest and most competitive rates.

You can visit any BoB Bank branch in India to apply for a Bank of Baroda Home Loan.

Customers can apply online by visiting the official website of the Bank of Baroda and get approval within seconds.