Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Bank of Baroda lowers its benchmark home loan rate by 25 basis points to 8.25%

14 Nov 2022 , 12:48 PM

On Friday, the government-owned Bank of Baroda dropped its house loan interest rates by 25 basis points to 8.25% and eliminated the processing fee as part of a limited-time promotion.

BoB’s rate, which is 8.25%, is lower than that of the segment leaders SBI and HDFC, whose new pricing is 8.40% and will be in effect till the end of December.

According to BoB, the new rate will be in effect beginning on Monday and last through the end of December.

Last month, SBI and HDFC announced lower interest rates starting at 8.40% as part of their holiday promotions, despite rising interest rates.

SBI is providing new home loan borrowers with a discounted interest of up to 25 basis points (bps), bringing the entry-level rate down to 8.40%. The deal is valid through the end of January 2023, while HDFC is providing new rates that are 20 bps cheaper at 8.40% and valid through the end of November.

For feedback and suggestions, write to us at


Related Tags

  • Bank of Baroda
  • Home Loans
  • PSU banks
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.