Bank of Baroda (BOB) has increased its Benchmark Prime Lending Rate by 0.10%, or 10 basis points with effect from Tuesday, January 01, 2019. This interest rate hike will raise the cost for those people who have taken their loans on floating rate of interest.
New Delhi (Delhi, India), February 05, 2020
The Bank of Baroda (BOB) has increased its Benchmark Prime Lending Rate (BPLR) by 0.10 percent, or 10 basis points with effect from Tuesday, January 01, 2019.
Bank of Baroda has revised its Benchmark Prime Lending Rate for home loans, personal loans, and consumer loans from 13.60 percent to 13.70 percent per annum.
Bank of Baroda uses Benchmark Prime Lending Rate for determining the interest rates on home loans and advances sanctioned up to June 30, 2010.
Bank of Baroda has reduced its Base Rate or the minimum lending rate from 9.20 percent to 9.00 percent per annum with effect from Wednesday, January 01, 2020.
Bank of Baroda determines its interest rates on all loans and advances, including consumer loans, lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
Bank of Baroda’s current interest rate hike will raise the cost of funds for those people who have taken their home loan advances on floating rate of interest. However, this interest rates revision will not affect the Bank of Baroda’s fixed rate customers, as their contracted rates will remain unchanged.
January 01, 2019 BPLR: 13.70%
October 01, 2018 BPLR: 13.60%
July 01, 2018 BPLR: 13.55%
October 01, 2017 BPLR: 13.45%
July 01, 2017 BPLR: 13.80%
October 05, 2015 BPLR: 13.90%
July 13, 2015 BPLR: 14.15%
May 06, 2015 BPLR: 14.25%
February 09, 2013 BPLR: 14.50%
May 01, 2012 BPLR: 14.75%
August 01, 2011 BPLR: 15.00%
July 12, 2011 BPLR: 14.50%
May 06, 2011 BPLR: 14.25%
February 04, 2011 BPLR: 13.75%
December 13, 2010 BPLR: 13.25%
October 05, 2010 BPLR: 12.75%
July 01, 2010 BPLR: 12.25%
August 11, 2008 BPLR: 14.00%
January 01, 2020 Base Rate: 9.00%
October 01, 2019 Base Rate: 9.20%
January 01, 2019 Base Rate: 9.40%
October 01, 2018 Base Rate: 9.30%
July 01, 2018 Base Rate: 9.25%
October 01, 2017 Base Rate: 9.15%
July 01, 2017 Base Rate: 9.50%
July 01, 2016 Base Rate: 9.60%
October 05, 2015 Base Rate: 9.65%
July 13, 2015 Base Rate: 9.90%
May 06, 2015 Base Rate: 10.00%
February 09, 2013 Base Rate: 10.25%
May 01, 2012 Base Rate: 10.50%
August 01, 2011 Base Rate: 10.75%
July 12, 2011 Base Rate: 10.25%
May 06, 2011 Base Rate: 10.00%
February 04, 2011 Base Rate: 9.50%
December 13, 2010 Base Rate: 9.00%
October 05, 2010 Base Rate: 8.50%
July 01, 2010 Base Rate: 8.00%