🏦 Bank of Baroda’s New Home Loan Rate: Just 7.50% — What You Need to Know
bank of baroda latest home loan rate 2025 Thanks to the latest RBI repo rate cut, Bank of Baroda (BoB) has now made home loans more affordable than ever. As of June 2025, BoB’s interest rate for standard housing loans has dropped to 7.50% per annum, offering significant savings over the previous 8.15% rate seen earlier this year.
Let’s dig into why this matters for borrowers and how you can make the most of it.
📉 Rate Change Snapshot
| Period | Interest Rate (%) |
|---|---|
| Before June 2025 | 8.15% |
| June 2025 Onward | 7.50% |
Bank of baroda latest home loan rate 2025 That’s a 0.65% reduction, which means substantial savings. For example, a ₹40 lakh, 20-year loan now comes with a monthly EMI drop of around ₹1,633—or nearly ₹3.9 lakh in long-term interest savings.
👍 What’s Driving This Cut?
In June, RBI reduced the repo rate by 50 bps, bringing it to 5.50%
BoB immediately adjusted its Repo-Linked Lending Rate (RLLR), passing the benefit on to borrowers.
June 2025 updates also included reductions by Canara Bank, HDFC Bank, and other PSUs—a move aimed at reducing borrowing costs
✨ Bank of baroda latest home loan rate 2025 Feature
📉 New Interest Rate: 7.50% p.a (RLLR-based) for salaried and non-salaried borrowers
👩💼 Concessions:
0.05% rate cut for women borrowers
0.10% reduction for Gen Z/Millennials (under 40)
⏳ Tenure: Up to 30 years, with digital moratorium up to 36 months on under-construction loans
💸 No Prepayments: No penalty fees for pre-payment or foreclosure
✅ High LTV:
Up to 90% finance for loans ≤ ₹30 lakh
₹30–75 lakh: up to 80%
Above ₹75 lakh: up to 75% LTV
🆓 Processing Fee:
NIL for online apps; otherwise ~0.25–0.50% of loan
🧠 Bank of baroda latest home loan rate 2025 Who This Loan Benefits
👍 First-time and upgraders seeking lower EMIs and flexible options.
👩 Women applicants benefiting from the 0.05% special concession.
🧒 Young earners (<40 years) saving more via an extra 0.10% discount.
🔁 Homeowners looking to balance-transfer from higher-rate plans.
⏳ Borrowers wanting longer tenure or construction moratorium flexibility.
💡 Why Bank of baroda latest home loan rate 2025 Is Competitive Now
One of the lowest rates among PSU banks, rivaling Canara Bank’s 7.40%
Gender and youth concessions help lower EMIs further.
Transparent, repo-linked pricing gives borrowers confidence and clarity.
No hidden costs—a boon for budget-conscious families aiming for early pay-off or rescheduling.
📍 How to Apply in Hadapsar, Pune (via Mortbuzz)
🌐 Start with a quick online eligibility check
🏠 Document pickup right from your doorstep—no branch visits
📝 Experts help you apply digitally and track disbursal
🔄 Compare BoB rate vs other lenders like SBI, Canara, BoM
📈 Submit, sanction, and disbursement—all with Mortbuzz support
🧮Bank of baroda latest home loan rate 2025 Save More: EMI Comparison
For a ₹30 lakh loan over 20 years:
| Interest Rate | Monthly EMI | Total Interest Paid |
|---|---|---|
| 8.15% (old) | ₹25,562 | ₹71.50 Lakh |
| 7.50% (new) | ₹24,084 | ₹57.80 Lakh |
| You save | ₹1,478/month | ~₹13.7 Lakh total |
✅ Final Takeaway
With a reduced interest rate of 7.50%, options for women and youth, and no prepayment charges, Bank of Baroda home loans are now among India’s most borrower-friendly in June 2025. Combined with Mortbuzz’s service in Hadapsar—digital processing, doorstep service, and expert guidance—it’s a smart time to act.
📞 Ready to Apply?
Talk to Mortbuzz today:
📲 WhatsApp/Call: +91 9028XXXXXX
🌐 Visit: www.mortbuzz.in
📍 Office: Hadapsar, Pune
For more information Read latest loan rates in june 2025 :
