BOB Housing Finance Limited was set up in December, 1990 by Bank of Baroda in association with National Housing Bank. The company became a wholly owned subsidiary of Bank of Baroda since March 31, 2006.

BOB Housing provides loan for purchase of residential plots/site by individuals from Govt./statutory bodies such as housing boards, Development Authorities/CIDCO etc. The maximum loan amount can be up to Rs. 10000000 and the loan finances 85% of the cost/purchase price of the land.

BOB offers loans for purchase/construction/extension of non-residential property by professionals / businessmen. The loan amount can be up to Rs. 20 Lacs or 85% of purchase price / cost of construction. All professionals/businessmen in operation with minimum of 3 yrs. experience are eligible for the loan.

BOB provides loans for purchase or construction of new/old houses by individuals. The maximum loan amount can be 85% of cost of construction, Rs. 1crore or 42 times of gross salary for salaried employees, whichever is least. The age of applicant's can't be more than 65 years.

BOB Home Improvement Loans are meant for repairs and renovation of existing house. The maximum loan amount can be 85% of cost of repairs / renovation or Rs.5,00,000, whichever is less. The upper age limit for applicants is 70 years.