Product details
What you need to know
What to check
Understand Home Loan
Home Loan is a home finance product from Bank of Baroda. Check the down payment, rate type, monthly payment, valuation, insurance, processing fees and total cost over the full term.
Published details
- Minimum Age: 21 years
- Maximum Age At Maturity Salaried: 65 years
- Maximum Age At Maturity Non Salaried: 70 years
- Minimum Loan Amount: AED 200,000
- Fixed Rate Without Salary Transfer: 4.49% p.a. reducing for first 3 years
- Subsequent Rate Without Salary Transfer: 3-month EIBOR + 2%, minimum 4.50% p.a.
- Variable Rate Without Salary Transfer: 3-month EIBOR + 2%, minimum 3.50% p.a.
- Residence Requirement: Resident in the UAE for the last 2 years
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |