Bank of India home loan offers its customer the lowest interest rate. Bank of India home loan interest rate is lower than other banks and NBFCs. You can easily avail Bank of India home loan online Apply and can opt for a housing loan easily. Once you meet the Bank of India home loan Eligibility, and if your all documents are fine your fund will be in your account within 2 or 3 days. Even Bank of India home loan documentation is so minimal. You can go for Bank of India home loan online apply for house renovation, purchasing a house, home extension and etc. The Bank of India home loan Interest Rate changes as per your Bank of India home loan Eligibility. Women can avail special Bank of India home loan Interest Rate and that rate is very low.
- If you have a good loan repayment history which means if you have high CIBIL score, you will get lower Bank of India home loan Interest Rate, as your Bank of India home loan Eligibility will be higher.
- You can borrow up to Rs. 2cr. from BOI Home Loan, your Bank of India home loan Interest Rate will also change with your BOI Loan amount.
- You can do Bank of India home loan online apply and can avail loan tenure up to 30 years.
- If you are availing Bank of India home loan you must know that you don’t need much Bank of India home loan Documents to avail this loan.
- If you meet the Bank of India home loan Eligibility and provides correct documents your BOI home loan will be approved very fast.
- Bank of India home loan is for everyone salaried, non-salaried, salaried professionals, NRIs, HUFs, PIOs, partnership firms, proprietorship firms, and companies but you must fulfill the Bank of India home loan Eligibility criteria.
- If you want to transfer your other home loan from another bank to BOI you can easily do that and you also can get the Bank of India home loan Interest Rate which is very low.
| interest Rate | 8.70% onwards |
| Processing Charges | @0.25% of loan amount Min.Rs.1,000/- and Max. Rs.20,000/-* |
| Loan Tenure | Up to 25 years |
| Lowest EMI | 783 per Lakh |
| Loan Amount | Rs. 10 crores |
| Cheque Bounce Charges | Rs.1000 per instance |
| Post Dated Cheque Swap Charges | NIL |
| Prepayment or Foreclosure Charges | Nil if floating, upto 2% for fixed rate |
| Salaried | Self-Employed | Senior Citizen |
| Loan form– Fill loan application form with affix passport size photo. | Loan form-Fill loan application form with affix passport size photo. | Loan form-Fill loan application form with affix passport size photo. |
| Address proof– Passport, Registered Agreement of Rent, Any kind of bill up to 3 months (electricity or gas), Leave and License. | Address proof– Any kind of utility bill (gas or electricity bill), License. | Address proof- Registered Agreement of Rent, Any kind of bill up to 3 months (electricity or gas), Leave and License. |
| Identity proof- AADHAR card, PAN card, Driving License, Passport. | Identity proof– AADHAR card, PAN card, Driving License, Passport. | Identity proof– AADHAR card, PAN card, Driving License, Passport. |
| Income proof-2 years FORM 16, 3 months’ salary slip, Income Tax Report. | Income proof– Balance Sheet, Profit & Loss A/C, Report Of Audit, Latest 3 year’s Income Tax return. | Income proof– Bank Statement or Pension record. |
| Bank Statement- for 6 months. | Bank Statement– for last 1 year. | Bank Statement– |
| | Office address and ownership proof– Maintenance bill, any kind of Utility Bill, Documents of Property | Age proof– AADHAR card, PAN card, Passport. |
| | Business Existence proof– License of the company registration, SARAL copy for last 3 years. | |
