Loan Against Property Bank Of Baroda

Bank of Baroda brings to you an innovative combination of a loan and over draft facility with flexible repayment options against the security of your immovable property.

Key Benefits
 

  • Ideal use of idle property - Generate additional income from an otherwise idle property.
     
  • Withdraw money as per your need and save on interest cost.
     
  • Deposit surplus money / regular income / salary and save interest.
     
  • Flexibility to withdraw money deposited earlier.
     
  • Can be availed either as overdraft or demand loan as per your need.

Apply for Best Loan Against Property in Bank Of Baroda

Professional Details
Loan Amount:
Occupation:
City:
Annual Income:
Banks up to 30 lacs 30-75 lacs 75 & above Processing fees
HDFC
9.75% - 10.50% 9.75% - 10.50% 9.75% - 10.50% Maximum of 1% of loan amount
SBI
9.45% - 11.00% 9.45% - 11.00% 9.45% - 11.00% 1.00% or Rs.50,000 Maximum
ICICI Bank
11.35% 11.35% 11.35% 0.25% of the loan amount or Rs.50000 +GST whichever is higher
Axis Bank
11.00% - 12.10% 11.00% - 12.10% 11.00% - 12.10% 1% or Rs 5000 (whichever is higher)
Indiabulls
10.60% - 14.50% 10.60% - 14.50% 10.60% - 14.50% 0.50% to 1.00%

Documents Required:

  • Salaried
    • Income proof (Form 16 along with salary certificate from the employer)
  • Professional / Self-employed
    • I.T. returns for past 3 years
    • Latest income tax assessment order (for overdraft amount of over Rs. 5 Lacs)
    • Income certificate from appropriate revenue authority like Tehsilldar/BDO/SDO (for agriculturist)
    • Original title deeds of the property offered for mortgage
    • Paid receipt of latest maintenance, water tax, municipal tax and any such taxes.
    • Non encumbrance letter from co-op society
    • Permission to create Equitable Mortgage from society
    • Last 6 months bank statements of main bank account

Source: Bank of Baroda Website