Posted by: Pradeep Repiles0 Posted:2021-08-30 10:56:49 ISTUpdated:2021-08-30 10:56:49 ISTWritten by - CreditMantriarticle
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!