If you want to need a Bank of India Home Loan Application Form PDF, you can download the Bank of India Home Loan Application Form through the download link given inside this article.
The Bank of India offers home loans to purchase a plot for construction of a house, to purchase/construct house/flat, as well as other general banking services. The Bank of India also provides housing loan against property or land on which the borrower has constructed or intends to construct his own dwelling and is not constructing any other dwelling on that property or land.
The maximum loan amount is Rs.500 lacs and repayment ranges up to 30 years, with reasonable interest rates. With the housing market in India booming, more people are looking for home loans to buy a house or apartment. However, there are many restrictions on the type of property you can purchase as well as your income level.
Required Details for Bank of India Home Loan Application Form
- Applicant Name
- Permanent Address of Applicants
- Personal Details of the Applicants
- Mobile Number and Email ID
- Individual Customer ID
- Annual Income
- Proposed Loan Details
- GSTIN Details
- Sourcing Details
- Work Related Information
- Other Information
Required Documents Needed for Bank of India Home Loan Application Form
- Application Form
- KYC Documents
- Proof of Identity
- Proof of Address
- Bank Statement for last 3 months
- 4 Security PDF Cheque
- Last 3 Years ITR or Form 16
- Latest 2 Salary Slip in case of Salaried Person or In case of Businessman Income Documents
Bank of India Offering the Home Loan Schemes
BOI home loans are also known for simplified application process, excellent customer service, and fast approvals.
BOI Star Home Loan
Purpose: Regular home loan scheme for plot purchase, for home construction, purchase/construction of house/flat, renovation/repair/alteration/addition to flat/house. This home loan scheme can also be used for home loan transfer of existing home loans from other banks and HFCs to Bank of India at lower interest rates
Loan Amount: For purchase/construction of house/flat- Up to Rs. 3 crore (up to Rs 5 crore in metro cities like Mumbai, Delhi, Kolkata, Chennai)
For repair/renovation/extension- Up to Rs 50 lakh
Star Diamond Home Loan
Purpose: For individuals with high net worth, firms and corporates for residential accommodation for their directors, partners with minimum average gross income of Rs 1 crore and above as per ITR and audited balance sheets for last 3 years
Loan Amount: Over Rs. 5 crore
BOI Star Top Up Loan
Purpose: Home loan top-up scheme for existing Bank of India home loan borrowers for financing their personal requirements, other than speculative purposes
Loan Amount: Rs 2 lakh onwards
LTV Ratio: Up to 75% of property value
Tenure: Up to 12 years.
BOI Star Pravasi Home Loan Scheme
Purpose: NRI Home Loans offered to NRIs and Person of Indian Origin for purchase/construction of house/flat, repair/renovation/extension of existing house/flat, plot purchase and balance transfer
Loan Amount: For construction/purchase of house/flat: Up to Rs. 5 crore, For repair/renovation/extension: Up to Rs 50 lakh
Plot purchase: Up to Rs 1 crore
Tenure: Up to 30 years
Bank of India Home Loan Interest Rate in 2022
| Bank of India Home Loan Highlights 2022 | |
|---|---|
| Interest Rate | 8.30%-10.25% p.a. |
| Loan Amount | Up to 85% of the property value |
| Loan Tenure | Up to 30 years |
| Processing Charges | NIL |
Download PDF for Bank of India Home Loan Application Form
Bank of India (BOI) Customer Care Helpline Number
Contact Numbers
Toll Free Number: 1800 103 1906
RTGS : (022) 67447092 / 93
NEFT : (022) 61312984/61312992/61312997
IMPS : (022) 61312994/61312995
UPI : (022) 67447025
E-mail Id: Rtgs.boi@bankofindia.co.in
E-mail Id: Boi.neft@bankofindia.co.in
E-mail Id: Boi.imps@bankofindia.co.in
Bank of India Head Office Address:-
C – 5, “G” Block,
Bandra Kurla Complex,
Bandra (East), Mumbai 400 051.
Conclusion
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