Head to head · verified 23 Aug 2026
SBI vs Bank of Baroda Home Loan: Rates, EMI & Fees
SBI's home loan starts at 7.25% and Bank of Baroda's at 7.20% p.a. (verified 23 Aug 2026). On ₹50 lakh over 20 years, Bank of Baroda's starting rate saves ₹152 a month and ₹36,322 in interest over the loan.
The two PSU banks with the lowest starting rates. The choice usually comes down to processing fee, branch access and how long you can wait for sanction.
SBI EMI · ₹50 lakh
₹39,519
At 7.25%, 20 years
Bank of Baroda EMI · ₹50 lakh
₹39,367
At 7.20%, 20 years
RBI raised the repo rate to 5.50% on 7 Oct 2026
Side by Side
All 9 terms we track, from each bank's own rate pages. ✓ marks the better term.
| SBI | Bank of Baroda | |
|---|---|---|
| Interest Rate Range | 7.25% p.a. onwards | 7.20% – 8.95% p.a. (better) |
| Rate Type & Benchmark | Floating / Repo-linked (EBR) | Floating / Repo-linked (EBR) |
| Processing Fee | 0.35% (min ₹2,000 · max ₹10,000) | 0.25% – 0.50% (min ₹8,500 · max ₹15,000) (better) |
| Prepayment / Foreclosure Charges | NIL (floating rate) | NIL (floating rate) |
| Typical Processing Time | 7 – 10 working days (better) | 10 – 15 working days |
| Maximum Tenure | 30 years | 30 years |
| Maximum Loan Amount | ₹10 Cr | ₹10 Cr |
| Insurance Bundling | Optional | Optional |
| Govt. Scheme Compatible | Yes (PMAY-U 2.0) | Yes (PMAY-U 2.0) |
Sources: sbi.bank.in, bankofbaroda.bank.in. Last verified 23 Aug 2026. We take no commission from either bank.
SBI vs Bank of Baroda: EMI Difference
Monthly EMI at each bank's starting rate over 20 years.
| Loan amount | SBI 7.25% | Bank of Baroda 7.20% | Difference / month | Over the loan |
|---|---|---|---|---|
| ₹25 lakh | ₹19,759 | ₹19,684 | ₹75 | ₹18,161 |
| ₹50 lakh | ₹39,519 | ₹39,367 | ₹152 | ₹36,322 |
| ₹75 lakh | ₹59,278 | ₹59,051 | ₹227 | ₹54,480 |
| ₹1 crore | ₹79,038 | ₹78,735 | ₹303 | ₹72,641 |
Starting rates go to the strongest credit profiles. Compare the rates you are actually offered: the gap can be wider or reverse.
Processing Fee with GST
What you pay upfront, including 18% GST.
| Loan amount | SBI | Bank of Baroda |
|---|---|---|
| ₹25 lakh | ₹10,325 | ₹10,030–₹14,750 |
| ₹50 lakh | ₹11,800 | ₹14,750–₹17,700 |
| ₹75 lakh | ₹11,800 | ₹17,700 |
| ₹1 crore | ₹11,800 | ₹17,700 |
SBI: 0.35% (min ₹2,000 · max ₹10,000). Bank of Baroda: 0.25% – 0.50% (min ₹8,500 · max ₹15,000).
Which Should You Choose?
Choose SBI if…
Best for government and salaried employees who want the lowest headline rate backed by a PSU bank with nationwide branches.
- you need the money sooner (7 – 10 working days)
Choose Bank of Baroda if…
Best for borrowers seeking a PSU bank with the lowest starting rate, though approval can take longer than private banks.
- you qualify for the lower starting rate (7.20% – 8.95% p.a.)
- you want the lower processing fee (0.25% – 0.50% (min ₹8,500 · max ₹15,000))
Frequently Asked Questions
Which is better, SBI or Bank of Baroda for a home loan?
Bank of Baroda has the lower starting rate (7.20% vs 7.25%). Across the 9 terms we compare, SBI is better on 1 and Bank of Baroda on 2. SBI suits government and salaried employees who want the lowest headline rate backed by a PSU bank with nationwide branches. Bank of Baroda suits borrowers seeking a PSU bank with the lowest starting rate, though approval can take longer than private banks.
What is the EMI difference between SBI and Bank of Baroda on ₹50 lakh?
Over 20 years, the EMI on ₹50 lakh is ₹39,519 at SBI's 7.25% and ₹39,367 at Bank of Baroda's 7.20%: a difference of ₹152 a month, or ₹36,322 in total interest.
Which charges less to prepay, SBI or Bank of Baroda?
SBI: NIL (floating rate). Bank of Baroda: NIL (floating rate). RBI bars prepayment charges on floating-rate loans to individuals for non-business use.
Which processes a home loan faster?
SBI typically takes 7 – 10 working days and Bank of Baroda 10 – 15 working days, from complete documents to sanction.
Go Further
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SBI home loan interest rate
EMI tables, fees with GST and how it prices against repo.
Bank of Baroda home loan interest rate
EMI tables, fees with GST and how it prices against repo.
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Educational information, not financial advice or a loan offer. Rates are as published by each bank on the verification date; your sanctioned rate depends on your credit profile. Confirm the final terms in the Key Facts Statement before you sign.