Bank of Baroda advertises a home loan from 7.20% p.a. onwards. The bank can charge up to 8.95% for this product, so the advertised figure is a starting rate, not an offer. Where you land between the two is set by your credit profile, the size of your down payment and the property, not by negotiation.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 7.20% | 8.95% | Repo-linked (EBLR) | 0.50% (min ₹8,500, max ₹15,000) up to ₹50 lakh; 0.25% (min ₹8,500, max ₹25,000) above ₹50 lakh |
Updated 17 Sep 2026 · Lender rate pages, checked individually
What that costs in rupees
On a loan of ₹50,00,000 over 20 years, at the advertised rate and at the bank’s own ceiling:
| EMI at 7.20% | ₹39,367/month |
|---|---|
| Total interest | ₹44,48,192 |
| EMI at the 8.95% maximum | ₹44,826/month |
| Extra interest at the maximum rate | ₹13,09,962 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
Those figures assume one loan size and one tenure. Change either and the answer moves a long way, so it is worth putting your own numbers through the EMI calculator before you treat any of this as a budget. If you are still working out how much the bank will actually sanction, the two ceilings that decide it — your income and the property’s loan-to-value cap — are set out on home loan eligibility.
How it compares
Bank of Baroda has the 4th lowest advertised rate of the 12 providers we track for this product, 0.05 percentage points above Canara Bank, LIC Housing Finance and Union Bank of India at 7.15%. That position is against the advertised floor only; it says nothing about the rate any individual applicant is offered. The full ranking, including the private banks and the housing finance companies, is in our table of home loan interest rates.
Other PSU banks
| Bank | Advertised home loan rate |
|---|---|
| Canara Bank | 7.15% |
| Union Bank of India | 7.15% |
| Bank of Baroda | 7.20% |
| Punjab National Bank | 7.25% |
| State Bank of India | 7.25% |
Updated 17 Sep 2026 · Lender rate pages, checked individually
What moves this rate
Public sector bank. Floating retail loans are priced off an external benchmark, so RBI rate cuts pass through within a reset cycle.
The advertised rate is a starting point, not an offer. It goes to the strongest applicants: a high credit score, a big down payment and usually a salaried job at an approved employer. The maximum in the table above is the bank’s own upper limit. Where you land between the two is set by your credit score, not by bargaining.
Read the fee together with the rate, not separately. Where a fee is quoted without tax, add 18% GST to get what you actually pay. On a big, long loan the rate matters most. On a smaller or shorter one, a low rate with a high fee is often the costlier deal. Bank of Baroda’s own home loan fees and charges page lists the processing fee as published, alongside the charges that sit outside it.
Bank of Baroda home loan in detail
- Bank of Baroda home loan interest rate — what the bank advertises, the most it can charge, and what decides where you land in between.
- Bank of Baroda home loan EMI — what your loan costs each month, and what the same loan costs at the highest rate.
- Bank of Baroda home loan fees and charges — the processing fee the bank publishes, plus the charges that sit outside it.
Other Bank of Baroda products
- Fixed deposit — from 6.75%.
Terms change without notice. Confirm the current figures with Bank of Baroda before you act.
Related reading
Bank of Baroda Fixed Deposit
What Bank of Baroda pays on a fixed deposit, what it is worth in rupees after tax, and how it compares with every other provider we track.
2 Oct 2026 · 2 min