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Old 11th November 2016, 08:55 AM
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Default Bank Of India Housing Loan

I am planning to take home loan from Bank of India and searching for the details about this loan so I plan to take. Can you please provide me Bank of India Star Home Loan Eligibility and also provide me list of documentation needed to apply for this Bank of India Home Loan?
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Old 11th November 2016, 10:01 AM
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Default Re: Bank Of India Housing Loan

Bank of India is commercial bank with headquarters in Mumbai, Maharashtra, India and it was founded in 1906.

Bank Of India Housing Loan details:

Interest Rate 9.40%
Processing Fees Nil
Loan Tenure 30 years
Pre-closure Charges Nil

Bank of India Star Home Loan Eligibility:

This loan is offered for salaried employees, self-employed customers and professionals. Also, NRIs, HUF, PIOs, partnership firms, proprietorship firms and corporate can avail this loan on request.

Bank of India Star Diamond Home Loan Eligibility:

This BOI home loan variant is specially offered for individuals, corporate and firms with high net worth, for residential accommodation of directors and partners who have an average gross income of at least Rs.1 crore during the past 3 years according to the audited Income Tax Returns or balance sheet.

Documentation needed to apply for an Bank of India Home Loan

1. Signed application form with photograph
2. ID and residence proof
3. Processing fee cheque
4. Last 6 months bank statements
5. Documentation for salaried applicants:
Last 3 months salary-slips
Form 16 or Income Tax Returns
6. Documentation for self-employed applicants:
Education qualification certificate & proof of business existence
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Contact:

BANK OF INDIA
STAR HOUSE
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Ph: 022-66684444
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