Bank of India is one of the leading bankers in India. It offers attractive rates on its home loans along with various other benefits: 

BOI Star Home Loans

Details

Maximum Loan Amount

Up to Rs.3 crores

Eligibility

Salaried employees, Professionals, Self-employed persons. Requests are also considered from NRIs, PIOs, HUF, and Prop. Firm, Partnership firms and corporate

Margin

15-25%

Repayment Tenure

Maximum of 30 years

Interest Rate

Starts at 6.85% 

Processing Fees

Starts at 0.25% of Loan Amount

 

  • Depending on your preferences, you can get attractive interest rates in both floating and fixed rates
  • Processing fees are minimal compared to other home loans in the market
  • There is less paperwork and minimal documentation
  • There are no prepayment penalties if you want to pay off your loan faster
  • Balance transfer of a home loan at great rates
  • Application procedure that is clear and transparent
  • Options for flexible repayment available

Bank of India Home Loans are available for salaried employees, professionals and also self-employed persons. Even NRIs, PIOs, HUF, and Prop. Firm, Partnership firms and corporates can apply for this loan. 

With such a wide coverage and more than 5000 branches across India, Bank of India home loans are definitely worth going for. 

Check your Bank of India Home Loan Eligibility here!