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Home loan rates for Vadodara buyers start at 7.40% p.a. (Bank of Baroda, Canara Bank, Union Bank of India), per the banks' official rate cards in October 2026. SBI starts at 7.50%, HDFC Bank and Axis Bank at 8.00%. The RBI repo rate is 5.50% after the 25 bps hike on 7 October 2026, and banks have passed it through to new floating-rate loans.
Banks price home loans nationally, so these rates apply in Vadodara as elsewhere. The rate you are offered depends on CIBIL score, income type (salaried or self-employed) and loan amount.
| Lender | Interest rate (p.a.) | EMI per ₹1 lakh, 20 years, at starting rate | Effective |
|---|---|---|---|
| Bank of Baroda | 7.40% – 9.15% | ₹799 | 8 Oct 2026 |
| Canara Bank | 7.40% – 10.25% | ₹799 | 9 Oct 2026 |
| Union Bank of India | 7.40% – 9.60% | ₹799 | 8 Oct 2026 |
| Central Bank of India | 7.45% – 9.00% | ₹803 | 8 Oct 2026 |
| Punjab National Bank | 7.45% – 9.35% | ₹803 | 8 Oct 2026 (festive rate till 31 Dec 2026) |
| State Bank of India | from 7.50% | ₹806 | 15 Oct 2026 |
| Kotak Mahindra Bank | from 7.60% | ₹812 | — |
| Axis Bank | 8.00% – 9.10% | ₹836 | — |
| HDFC Bank | 8.00% – 13.45% | ₹836 | — |
| ICICI Bank | 8.75% – 9.90% | ₹884 | 8 Oct 2026, valid till 31 Oct 2026 |
Source: each bank's official rate page, checked 26 Oct 2026. Most banks revised rates after the 7 October repo hike.
| Loan amount | 20 years at 7.40% | 30 years at 7.40% | 20 years at 8.50% |
|---|---|---|---|
| ₹30 lakh | ₹23,985 | ₹20,771 | ₹26,035 |
| ₹50 lakh | ₹39,974 | ₹34,619 | ₹43,391 |
| ₹75 lakh | ₹59,962 | ₹51,928 | ₹65,087 |
| ₹1 crore | ₹79,949 | ₹69,238 | ₹86,782 |
| ₹1.5 crore | ₹1,19,923 | ₹1,03,857 | ₹1,30,173 |
7.40% is the lowest official starting rate among large banks; 8.50% shows a typical rate for a lower CIBIL score or self-employed income.
| Item | Rate |
|---|---|
| Stamp duty, all buyers (3.5% + 1.4% surcharge) | 4.9% |
| Registration fee | 1%; waived for a woman who is the sole owner |
Charged on the higher of the sale price and the jantri rate. Gujarat has no stamp duty concession for women; confirm on garvi.gujarat.gov.in. Lenders do not fund stamp duty or registration; pay these from your own funds.
| Condition | Limit |
|---|---|
| Household income | Up to ₹9 lakh a year (EWS up to ₹3 lakh, LIG ₹3–6 lakh, MIG ₹6–9 lakh) |
| Property value | Up to ₹35 lakh |
| Loan amount | Up to ₹25 lakh |
| Subsidy | 4% on the first ₹8 lakh of the loan, for up to 12 years |
| Maximum subsidy | ₹1.80 lakh, paid in 5 yearly instalments to the loan account |
Source: PMAY-U 2.0 Interest Subsidy Scheme, Government of India. First-time buyers only; the household must not own a pucca house anywhere in India.
| Lender | Branch | Address |
|---|---|---|
| State Bank of India | SBI RACPC Baroda | Narmada Guest House, Ellorapark Kalpatru Building, opp. :, Vadodara, Gujarat 390023 |
| HDFC Bank | HDFC Bank Home Loan Branch - Vadodara (Race Course) | Ground Floor, Trident Shopping Complex, Race Course, Gautam Nagar, Vadiwadi, Vadodara, Gujarat 390023 |
| ICICI Home Finance | ICICI Home Finance Company - Home Loan - Vadodara | 4th Floor, Office No 436-443, Emerald One Winward Buisness Park, Jetalpur Rd, Anand Nagar, Haripura, Vadodara, Gujarat 390007 |
| Axis Bank | Axis Bank Loan Centre | 2nd Floor, Vicenza House, 21, Friends Society, opposite CH Jewellers, Alkapuri, Vadodara, Gujarat 390007 |
| Bank of Baroda | Bank of Baroda IBB Baroda Branch | Ground Floor, Baroda Bhavan, Orient Business Centre, Opp.HDFC Bank, Sarod, Alkapuri, Vadodara, Gujarat 390007 |
| Punjab National Bank | Punjab National Bank | Ground Floor, Fortune Tower, opposite MS University, Opposite M.S. University, Sarod, Sayajiganj, Vadodara, Gujarat 390007 |
| Kotak Mahindra Bank | Kotak Mahindra Bank | Vicenza House, Friends Co-operative housing society, Alkapuri, Vadodara, Gujarat 390007 |
| PNB Housing Finance | PNB Housing Finance Limited | Third Floor, Trivia Complex, No. 331, Race Course Rd, near Natubhai Circle, Race Course, Vadiwadi, Vadodara, Gujarat 390007 |
Addresses from the lenders' Google Business listings, checked 26 Oct 2026.
flexible repayment schedules
Low processing fees
online application and EMI calculation
quick approval and disbursement
women borrower concession of 0.05%
zero hidden charges
Typically 7 to 10 working days for loan processing and approval
Balance Transfer
Home Construction Loan
Home Extension Loan
Pre-Approved Home Loan
Regular Home Loan
Top-up Loan
SBI Vadodara Main Branch
SBI Alkapuri Branch
SBI Karelibaug Branch
SBI Akota Branch
Attractive interest rates starting from 7.90% p.a.
customized solutions for salaried and self-employed individuals
dedicated support at every stage
hassle-free online application
minimal documentation
Trufixed loans with fixed rate period
Typically quick approval with minimal documentation; online application process enables faster processing (exact days not specified)
Balance Transfer Loan
Home Construction Loan
Home Extension Loan
NRI Home Loan
Regular Home Loan
Top-up Loan
Vadodara Makarpura Branch
Vadodara Race Course Branch
Vadodara Alkapuri Branch
Vadodara Gotri Branch
