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Q.

What is the Processing Fee in Bank of Baroda?

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0 2023-08-31T15:52:03+00:00

The processing fee at the Bank of Baroda is a charge for handling and evaluating loan or credit card applications. It covers administrative costs and is non-refundable. I applied for a home loan in Baroda and that is when I learned what is the processing fee in Bank of Baroda. The charge is different for different banks and different types of loans. Know what is the Bank of Baroda home loan processing fee here:

What is the processing fee for home loan in Bank of Baroda?

Here is the processing fee for home loan in BoB:

Aspect  Service Charge excluding GST

Baroda Home Loan & Baroda Home Improvement Loan

  • Slab-wise

  • Up to Rs 50 lakh 0.50% of the loan amount: Minimum: Rs 8,500 (Upfront) Maximum: Rs. 15,000

  • Above Rs 50 lakh, 0.25% of the loan amount (Minimum: Rs 8,500 upfront, maximum: Rs. 25,000)

  • The above charges are unified processing charges, which include inspection, valuation, and legal fees.

  • The above charges are for all categories of borrowers under Home Loans.

Baroda Home Loan Top-Up

0.35%

Minimum: Rs 5,000 (upfront)

Maximum: Rs 12,500

Takeover of Home Loan

(Resident /NRI/PIOs)

Flat: Rs 8,500 (upfront)

Pre-Approved Home Loan (In- Principle Sanction)

0.25% - 0.50%

Rs 8,500 (upfront). 

This is the latest BoB home loan processing fee or charge. You can get more details about it from the

Bank of Baroda’s official website

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