RETAIL LOANS INTEREST RATES UPDATED w.e.f.15.05.2024 to 30.06.

2024

RATE OF INTEREST ON VARIOUS RETAIL LOANS (BASED ON CREDIT VISION SCORE) LINKED WITH BRLLR
BRLLR (w.e.f. 09.02.2023) : 9.15 % Strategic premium (SP) : 0.25%
(Current RBI Repo Rate : 6.50% + Mark Up 2.65%) Restructure Spread : 0.35%
BARODA HOME LOAN & RELATED PRODUCTS
For Salaried & Non-Salaried
CIBIL CUT OFF SCORE (loan amount : 15 lakhs & above)
ROI*
800 and above 8.40%
771 to 799 8.60%
751 to 770 8.60%
726 to 750 8.85%
701 to 725 9.50%
Less than 701 10.60%
-1 9.05%
Baroda Top Up Loan/Overdraft Applicable ROI on linked home loan (based on BRLLR on
the date of availment of top up loan) + SP + 0.60%.
BARODA HOME LOAN ADVANTAGE PRODUCT (For further benefit of interest amount reduction in the Home Loan
account to the extent of daily outstanding credit balance in saving account.)
Upto 75 lakhs ROI As applicable to Baroda Home Loan
Above 75 lakhs ROI As applicable to Baroda Home Loan + 0.25%
BARODA YODDHA HOME LOAN – (For Indian Armed Forces and Indian Central Forces)
CIBIL CUT OFF SCORE For Salaried & Non-Salaried
(loan amount : 15 lakhs & above)
800 and above 8.40%
771 to 799 8.60%
751 to 770 8.60%
726 to 750 8.85%
701 to 725 9.50%
Less than 701 10.50%
-1 9.05%
Baroda Yoddha Top Up Loan Applicable ROI on linked home loan + SP + 0.60%
Baroda Yoddha Home Loan Advantage Upto 75 Lakh – ROI as applicable to Baroda Yoddha HL
Above 75 Lakh – ROI as applicable to Baroda Yoddha HL +
0.25%
BARODA HOME LOAN SCHEME for Central/State Govt. /PSU employees
CIBIL cut off Score For Salaried & Non-Salaried
(loan amount : 15 lakhs & above)
800 and above 8.40%
771 to 799 8.60%
751 to 770 8.60%
726 to 750 8.85%
701 to 725 9.50%
Less than 701 10.50%
-1 9.05%
Baroda Top Up Loan to Govt. employees Applicable ROI on linked home loan (based on BRLLR on
the date of availment of top up loan) + SP + 0.60%.
Upto 75 lakhs ROI As applicable to Baroda HL to Govt. Employee
Above 75 lakhs ROI As applicable to Baroda HL to Govt. Employee+ 0.25%
The above mentioned concessional ROI under “Baroda Home Loan to government employees” will be available only if
Salary Account is with Bank of Baroda. In case salary accounts is with other bank, concession will be available from
the date of credit of salary in Saving Bank (Salary) A/c with Bank of Baroda. Further, if Salary Account is transferred to
other bank, then concession will be withdrawn from that date.
*Risk Premium @ 0.05% over above rates will be applicable as per extant guidelines for customers not obtaining
credit insurance cover.
**Applicable from 14.05.2024 for home loan accounts sanctioned upto 30.06.2024 and disbursed upto 10.07.2024