If you are planning to buy a house by taking a home loan from the bank, then today we will tell you about such a government bank, from which you will get a home loan at a very good interest rate. We are talking about the Bank of Baroda i.e. BOB.

Almost every person dreams of buying his own house, but nowadays the property rates are skyrocketing. In such a situation, buying his own house has become a very difficult task for the common people. Some people are also fulfilling their dream of buying a house by taking a home loan from the bank. In such a situation, if you are also planning to buy a house by taking a home loan from the bank, then today we will tell you about such a government bank, from which you will get a home loan at a very good interest rate. We are talking about Bank of Baroda i.e. BOB.

Bank of Baroda Home Loan

Bank of Baroda offers home loan to its customers at a very good interest rate. In such a situation, if your CIBIL score is good, then it can be a profitable deal for you. The initial interest rates of Bank of Baroda's home loan start from 7.50 percent.

EMI on a home loan of Rs 30 lakh from BOB

If you take a home loan from the Bank of Baroda and you get this loan at an interest rate of 7.50 percent as per your eligibility, then you will have to pay Rs 24,168 every month as EMI on a home loan of Rs 30 lakh. This loan is for a period of 20 years. In such a situation, you will repay a total of Rs 58,00,271 to the bank in 20 years. In this way, you will repay a total of Rs 28,00,271 to the bank only as interest.