Bank of Baroda, a popular lending agency, offers free property and personal accident insurance with home loans taken by borrowers under stipulated tenure. Free credit cards termed as "Paras" Cards are also supplied to new home loan borrowers crossing the limit of Rs 2 lakh. The upper ceiling of loan amount is limited by the income of an applicant. For a person earning upto Rs 20,000 per month, this limit can be 36 times the monthly income.
The bank offers home loans for the purchase of a new or an existing house. The loan can also be obtained for purchase of a plot and construction thereon. Bank of Baroda home loans can also be used to repay a loan already taken from other lending institution. As fas as repayment of loan is concerned, the bank offers a flexible time period upto 25 years for the purpose. You also have the option to obtain loan under floating interest rate or a fixed one. | 
