Baroda Home Loan to Corporates / Non-Individuals
The Baroda Home Loan to Corporates is a new-age financing product for corporates, LLPs, and registered companies to purchase residential houses for their employees, directors, or partners. With competitive interest rates as low as 9.90%, flexible repayment periods of up to 15 years, and a high loan amount of ₹1 crore and above, this scheme allows corporations to effectively support the housing needs of their workforce. Use NoBroker to get a smooth, digital-first experience from application to disbursal with expert advice and no hidden charges.
Baroda Home Loan to Corporates / Non-Individuals
Owning a home is a dream for many employees, and progressive companies are stepping in to make that dream a reality. The Baroda Home Loan to Corporates is a dedicated financing solution by the Bank of Baroda that allows companies, partnership firms, and LLPs to purchase or construct residential property for their employees, directors, or partners.
If your organization is planning to offer residential benefits or housing support to key stakeholders, this corporate home loan plan provides the structure, affordability, and ease of execution you need.
What is Baroda Home Loan to Corporates / Non-Individuals?
The Baroda Home Loan to Corporates / Non-Individuals is a unique offering for:
- Public Limited Companies
- Private Limited Companies
- Registered Partnership Firms
- Limited Liability Partnerships (LLPs)
This loan helps corporations and firms acquire or construct residential properties within metro or urban municipal areas for their employees, directors, partners, or promoters.
Unlike traditional home loans that cater to individuals, this corporate scheme enables businesses to own property in their name while offering accommodation facilities as part of employee welfare or retention strategies.
Key Benefits of Baroda Home Loan to Corporates
| Benefit | Details |
| Attractive Interest Rates | Starting from 9.90%, depending on rating |
| Low Processing Charges | Capped between ₹8,500 to ₹1.5 lakhs |
| High Loan Limit | Minimum ₹1 crore, upper limit as per project and eligibility |
| Takeover Facility | Transfer existing home loans from other financial institutions |
| Top-Up Facility | Additional funds available after initial disbursement |
| Company-Owned Property | Property is registered in the name of the borrowing firm or company |
Features of Baroda Home Loan to Corporates
- Use of Loan: To purchase a ready-built house/flat or construct a residential property.
- Eligible Properties: Must be located in municipal areas of metro or urban centers.
- Loan Takeover: Companies can transfer existing employee housing loans from other banks.
- Ownership Clause: The purchased property must be in the name of the company/firm.
- Exclusion: Companies or LLPs involved in real estate business or NBFCs are not eligible.
Who Can Apply? – Eligibility Criteria
To qualify for the Baroda Home Loan to Corporates / Non-Individuals, the applicant must meet the following conditions:
| Eligibility Criteria | Requirements |
| Entity Type | Public Ltd, Private Ltd, Partnership Firm, or LLP |
| Incorporation Status | Must be incorporated in India for at least 5 years |
| Operational History | Actively engaged in business for the past 2 years |
| Existing Relationship | Should be an existing borrower of Bank of Baroda for a minimum of 6 months OR qualify as a debt-free company |
| Credit Score | Satisfactory CIBIL report of the entity required |
For firms without external or CMR ratings, a CIBIL score of 771+ for all promoter-directors is mandatory.
Interest Rates and Charges
The loan interest rates depend on the company’s credit profile and risk rating.
| Rating Basis | Effective Interest Rate |
| BRLLR + SP + 0.50% | ~9.90% |
| BRLLR + SP + 2.00% | ~11.40% |
Unified Processing Charges:
- 1% of the total sanctioned loan amount
- Minimum: ₹8,500
- Maximum: ₹1.5 lakhs
Prepayment Charges:
| When Prepaid | Charges |
| Within 3 years | 2% penalty on the prepaid amount |
| After 3 years | No charges |
Repayment Terms and Loan Limits
| Feature | Details |
| Loan Type | Term Loan or Demand Loan |
| Loan Amount | Minimum: ₹1 Crore; Maximum: Based on eligibility |
| Repayment for Fresh Loans | Up to 15 years, including the moratorium period |
| Repayment for Takeovers | Tenure same as with the current lender |
| Repayment Mode | Monthly EMIs after the moratorium period |
| Moratorium | Available as per construction and disbursement schedule |
| LTV Ratio (Margin) | Maximum 75% of property value |
Security & Guarantees
To ensure loan security and credibility, the Bank of Baroda requires:
| Type | Details |
| Security | Mortgage of residential property being purchased/constructed |
| Guarantee | Personal guarantees of all directors/promoters/partners of the borrowing entity |
Additionally, an undertaking must be submitted confirming that the property will not be let out. If found let out, 2% penal interest will be levied from the date of the tenancy.
Documents Required
In addition to regular home loan documents, the following are mandatory for corporate applicants:
- Incorporation Certificate / Partnership deed / LLP registration
- PAN & GST registration (if applicable)
- Company’s financials (last 2 years)
- Declaration on total borrowings (to be submitted annually)
- Undertaking property usage
- ID & address proof of directors/partners
- Bank account statements
- Property documents (agreement, title deed, sanction plan, etc.)
For a complete checklist, please refer to the Bank of Baroda’s official document list.
Why Apply Through NoBroker?
When you apply for a Baroda Home Loan to Corporates through NoBroker, you get:
- Dedicated loan experts who understand business finances
- Digital-first experience with real-time tracking
- Direct bank partnerships for faster approvals
- Customized loan structuring for your specific housing project
- Zero brokerage, no hidden costs
From the first consultation to disbursement, NoBroker ensures a smooth and compliant process tailored to your company’s goals.
How to Apply for Baroda Home Loan to Corporates via NoBroker
Step 1: Visit the NoBroker Home Loan page
Step 2: Choose “Baroda Home Loan to Corporates / Non-Individuals”
Step 3: Fill in business and financial details
Step 4: Upload your documents and initiate the application
Step 5: Get matched with a loan advisor and move toward approval
Summary: Baroda Home Loan to Corporates / Non-Individuals
| Parameter | Details |
| Who Can Apply | Registered Public/Private Ltd Companies, Partnership Firms, LLPs |
| Purpose | Purchase/construction of employee housing |
| Ownership | Property in the name of company/firm |
| Loan Amount | ₹1 crore and above |
| Repayment Period | Up to 15 years |
| Interest Rates | 9.90% – 11.40% (based on rating) |
| Processing Fee | 1% of loan amount (₹8,500 to ₹1.5 lakhs) |
| Security | Mortgage of the property being acquired |
| Guarantees | Personal guarantee from promoters/directors/partners |
| Exclusion | Not available to Real Estate firms or NBFCs |
Final Word
The Baroda Home Loan to Corporates / Non-Individuals is an excellent financing tool for organizations to undertake long-term employee welfare infrastructure or housing facilities. With property ownership in the name of the company, not only can organizations help their employees, but they can also make investments in high-value urban real estate.
If you are looking for a well-organized, low-interest, and scalable way of providing housing benefits to employees, applying through NoBroker makes it even more convenient.
