Bank of Baroda Home Loan EMI Calculator 2026 — Current Rates & Monthly Payment
Bank of Baroda offers home loans starting at 8.4% p.a. (floating rate, May 2026). For a ₹50 Lakh home loan over 20 years, the monthly EMI is approximately ₹43,075 with a total interest outgo of ₹53.38 L. Bank of Baroda offers maximum tenure up to 30 years. Use the calculator below to check EMI for your specific loan amount and tenure.
Last updated: 22 May 2026, 3:15 PM IST
Monthly EMI
₹43,075/month
at 8.4% for 20 years from Bank of Baroda
Bank of Baroda — Home Loan Details
Interest Rate
From 8.4% p.a. (floating)
Processing Fee
0.25% of loan amount (min ₹1,500, max ₹20,000) — among the lowest
Prepayment / Foreclosure
No foreclosure charges on floating rate home loans. Part prepayment allowed without penalty from own sources.
Eligibility
Salaried: min age 21, max 60 at maturity. Self-employed: min 5 years in business with ITR for last 2 years.
Bank of Baroda Home Loan — Rates, Fees & Eligibility
A first-time home buyer in a metro city takes a ₹50 Lakh home loan from Bank of Baroda at their current rate of 8.4% for 20 years. The monthly EMI is ₹43,075, and the total interest over the full tenure is ₹53.38 L. Bank of Baroda charges a processing fee of 0.25% of loan amount (min ₹1,500, max ₹20,000) — among the lowest. On prepayment, no foreclosure charges on floating rate home loans. Part prepayment allowed without penalty from own sources. For eligibility, salaried: min age 21, max 60 at maturity. Self-employed: min 5 years in business with ITR for last 2 years. Comparing rates: if the borrower gets a 0.25% discount (to 8.15%), the EMI drops to ₹42,290, saving ₹1.88 L over the loan tenure. Always negotiate — banks offer rate concessions for high CIBIL scores (750+), women borrowers, and balance transfer cases.
Data Sources
- RBI — Key Policy Rates (2026) — www.rbi.org.in
- Bank Websites — Latest Interest Rates (May 2026) — www.rbi.org.in
- NHB — Home Loan Guidelines (2025) — nhb.org.in
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
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Frequently Asked Questions
What is Bank of Baroda home loan interest rate 2026?
Bank of Baroda home loan interest rates start from 8.4% p.a. (floating rate) as of May 2026. Rates vary based on loan amount, CIBIL score, and employment type.
What is the processing fee for Bank of Baroda home loan?
The processing fee is 0.25% of loan amount (min ₹1,500, max ₹20,000) — among the lowest. This is a one-time upfront charge deducted from the loan disbursement.
Can I prepay my Bank of Baroda home loan?
No foreclosure charges on floating rate home loans. Part prepayment allowed without penalty from own sources.
What is the eligibility for Bank of Baroda home loan?
Salaried: min age 21, max 60 at maturity. Self-employed: min 5 years in business with ITR for last 2 years.
What is the maximum home loan tenure at Bank of Baroda?
Bank of Baroda offers home loans with maximum tenure of 30 years. The optimal tenure depends on your age, income, and repayment capacity.
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Disclaimer
This calculator provides estimates based on the interest rates and tenure shown. Actual EMI may vary based on the bank's lending terms, processing fees, and any floating-rate revisions. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before applying. This is not financial advice. RupayWise is not a loan broker or financial advisor.