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Bank of Baroda Home Loan EMI for ₹15 Lakh

Monthly EMI: ₹12,923 at 8.4% for 20 years. Total interest: ₹16,01,520.

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Bank of Baroda Home Loan for ₹15 Lakh — Key Details

Interest Rate
8.40 - 10.65% p.a.
Max Tenure
30 Years
Processing Fee
0.25% of loan amount + GST (max ₹25,000)
Prepayment Charges
Nil for floating rate

With a ₹15 Lakh home loan from Bank of Baroda at 8.4% for 20 years, you will pay a monthly EMI of ₹12,923. The total amount payable is ₹31,01,520, of which ₹16,01,520 is interest.

Frequently Asked Questions

What is Bank of Baroda Home Loan EMI for ₹15 Lakh?

At 8.4% interest rate for 20 years, the EMI for ₹15 Lakh Home Loan from Bank of Baroda is ₹12,923 per month. Total interest payable: ₹16,01,520.

What is Bank of Baroda Home Loan interest rate for ₹15 Lakh?

Bank of Baroda offers Home Loan at 8.40 - 10.65% p.a. The actual rate may vary based on your credit score, income, and the loan amount.

How much total interest on ₹15 Lakh Home Loan from Bank of Baroda?

For ₹15 Lakh at 8.4% for 20 years, you would pay approximately ₹16,01,520 as total interest, making the total repayment ₹31,01,520.

Can I prepay my Bank of Baroda Home Loan of ₹15 Lakh?

Bank of Baroda's prepayment policy for Home Loan: Nil for floating rate. Making prepayments can significantly reduce your total interest outgo.

Is ₹15 Lakh Home Loan from Bank of Baroda a good option?

Bank of Baroda offers competitive rates starting from 8.40 - 10.65% with tenure up to 30 years. Compare with other banks on this page to find the best option for your ₹15 Lakh home loan.