Bank of Baroda offers free credit card with home improvement loan of over Rs 2 lacs. This loan is meant for repairs, renovations, improvement or extension of home and also for procuring furniture, fittings and fixtures. A new customer as well as an existing one can apply for Bank of Baroda home improvement loan.
Maximum loan amount for salaied persons is kept at two times of gross annual income and for other applicants at three times of net annual income including depreciation. A maximum period of 10 years is provided for the repayment of BOB home improvement loan through Equated Monthly Installments. Applicants must be over 21 years of age and repayment period should not be beyond 65 years of age. | 
