Bank Of India Home Loan
Features: The bank offers home loan known as 'Star home loan' for both, Indians and NRIs. The home loan is available for Indians and NRIs. Interest is calculated on daily balance basis. The bank offers fixed as well as floating interest rates. One can exercise the option of balance transfer.
Co-applicants allowed: Father,Mother,Brother,Sister,Son,Daughter,Spouse
Processing Fees: upto Rs 30 lakh- 0.55% of loan amount or min Rs 3000 and max Rs 10000, above Rs 30 lakh upto Rs 50 lakh- Rs 15000, above Rs 1 cr- Rs 25000, above Rs 3 cr- Rs 50000
Prepayment Charges: If paid from own source- Nil, in other cases- 0.65% on principal amount prepaid.
Min-Max Age: 18-60
Max Tenure: 15
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Home loan residential
Bank of India - Floating
9.5
9.5
20884
upto Rs 30 lakh- 0.55% of loan amount or min Rs 3000 and max Rs 10000, above Rs 30 lakh upto Rs 50 lakh- Rs 15000, above Rs 1 cr- Rs 25000, above Rs 3 cr- Rs 50000
| Bank of India - Floating | 9.5 | 9.5 | 20884 | upto Rs 30 lakh- 0.55% of loan amount or min Rs 3000 and max Rs 10000, above Rs 30 lakh upto Rs 50 lakh- Rs 15000, above Rs 1 cr- Rs 25000, above Rs 3 cr- Rs 50000 |
Bank of India - Floating
9.5
9.5
20884
0.55% of loan amount or min Rs 3000 and max Rs 10000.
| Bank of India - Floating | 9.5 | 9.5 | 20884 | 0.55% of loan amount or min Rs 3000 and max Rs 10000. |
Home loan Plot of Land
Bank of India - Floating
9.5
9.5
20884
0.55% of loan amount or min Rs 3000 and max Rs 10000
| Bank of India - Floating | 9.5 | 9.5 | 20884 | 0.55% of loan amount or min Rs 3000 and max Rs 10000 |
Bank Of India Other Plans
Bank of India - Floating
9.75
9.75
21187
upto Rs 30 lakh- 0.55% of loan amount or min Rs 3000 and max Rs 10000, above Rs 30 lakh upto Rs 50 lakh- Rs 15000, above Rs 1 cr- Rs 25000, above Rs 3 cr- Rs 50000
| Bank of India - Floating | 9.75 | 9.75 | 21187 | upto Rs 30 lakh- 0.55% of loan amount or min Rs 3000 and max Rs 10000, above Rs 30 lakh upto Rs 50 lakh- Rs 15000, above Rs 1 cr- Rs 25000, above Rs 3 cr- Rs 50000 |


