Bank of Baroda brings to you an innovative combination of a loan and over draft facility with flexible repayment options against the security of your immovable property.
Key Benefits
Ideal use of idle property - Generate additional income from an otherwise idle property.
Withdraw money as per your need and save on interest cost.
Deposit surplus money / regular income / salary and save interest.
Flexibility to withdraw money deposited earlier.
Can be availed either as overdraft or demand loan as per your need
Documents Required:
Salaried
Income proof (Form 16 along with salary certificate from the employer)
Professional / Self-employed
I.T. returns for past 3 years
Latest income tax assessment order (for overdraft amount of over Rs. 5 Lacs)
Income certificate from appropriate revenue authority like Tehsilldar/BDO/SDO (for agriculturist)
Original title deeds of the property offered for mortgage
Paid receipt of latest maintenance, water tax, municipal tax and any such taxes.
Non encumbrance letter from co-op society
Permission to create Equitable Mortgage from society
Last 6 months bank statements of main bank account
Click to Apply for Bank of Baroda Products:
Bank of Baroda Home Loan
Bank of Baroda Personal Loan
Bank of Baroda Car Loan
Bank of Baroda Credit Card
Bank of Baroda Education Loan