Bank Of India Personal Loan: Hello friends! If you are also thinking of taking a loan, then today we are going to give you information about BOI Bank loan Apply Online. Bank of India gives us the facility of taking online loan, through which we can get a loan of 10 thousand to 25 lakhs from home using mobile. Complete information related to online loan from BOI Bank is being given in the article.
bank of india loan
Bank of India is one of the public sector state banks of our country. This bank provides us the facility to take all types of loans for financial needs. From this you can get personal loan, home loan, car loan and commercial and business loan. Bank of India also provides us the facility of online loan application and instant loan disbursement.
- Bank Of India Personal Loan
- STAR PENSIONER LOAN
- Star Suvidha Express Personal Loan
- STAR ROOFTOP SOLAR PANEL FINANCE LOAN
- STAR MITRA PERSONAL LOAN
- STAR PERSONAL LOAN – DOCTOR PLUS
Bank of India personal loan starts at an interest rate of 10.83% per annum, which is to be repaid in a period of 12 months to 60 months. Let us tell you that the limit of Bank of India personal loan is up to Rs 1000000. That is, you can get a personal loan of up to Rs 1000000 from Bank of India.
Bank of India Personal Loan : Eligibility & Credit Card
- The person applying for personal online loan should be between 18 and 21 years of age.
- The person applying for the loan must be a resident of India.
- Only if the SIBIL score is good will the person be able to take a loan.
- The person applying for the loan must have his own source of income.
- A person with salary can also be eligible for a loan
Bank of India’s personal loan service is called Star Personal Loan. Through this service, you can get a personal loan from Bank of India from Rs 10,000/- to Rs 25 lakh. This is a great loan service for immediate financial needs, which you can get instantly by filling the loan application form from your mobile itself.
Bank Of India Personal Loan : Required Documents
- Identity card (Voter ID card, Driving license, Passport)
- Age proof
- Proof of income and occupation
- Current bank statement of 3 to 6 months
- Address proof (Electricity bill, rental agreement, copy of passport, ration card)
Features of Bank of India Personal Loan:-
- Easy and paperless documentation for loan application
- EMIs starting from as low as Rs. 1105/- per month
- Facility to avail loan amount up to 36 times your monthly salary
- Maximum repayment period for loan up to 84 months
- Special and attractive offers for loans to public sector employees, doctors, soldiers and salary account holders in Bank of India
- Loan services in collaboration with public welfare schemes approved by state and central governments
- No processing fee applicable for loans for differently abled customers
- Facility to avail more than one type of loan at the same time
- Special discount of 0.50% in loan interest to women loan applicants
Bank Of India Personal Loan Apply Online
It is very easy to apply for a personal loan online from Bank of India, if you follow its method sequentially, then you can easily get a loan.
- In this process, first of all you have to visit the official website of Bank of India www.bankofindia.in.
- Now its homepage will come in front of you where you have to click on the loan button.
- After clicking on the loan button, four types of loans will open in it, out of which you have to click on the personal loan option.
- After clicking on the personal loan option, a new page will open in front of you, in which you will get the option to apply online.
- Here you will get a reference number, using that number you can check the status of all the personal loans of Bank of India.
By following these steps, you can easily apply for a personal loan from Bank of India and if you face any problem in doing so, then you can also contact the customer care number of Bank of India.
Personal loan is a loan that you can take to fulfill any of your personal needs. The special thing is that for this loan you do not need to mortgage your property or any other thing. The bank gives this loan on the basis of your income and credit score. This loan is for those people who want a quick and simple solution to their financial problems.
The interest rate on this loan starts from 10.85% per annum. This means that this rate is quite reasonable compared to other banks. You can repay this loan in a period ranging from 12 months to 84 months (7 years).
You have to pay an EMI every month, which is decided on the basis of your income and the loan period. EMI means that you will pay back a fixed amount to the bank every month.
Applying for this loan is very easy. You can apply in two ways. Apply by visiting the Bank of India website. There you have to fill a form and upload your necessary documents. If you do not want to apply online, then you can go to the nearest branch of the bank and fill the form. Also, you have to submit identity proof (Aadhar card or PAN card), address proof (electricity bill), and income proof (salary slip or bank statement).
This loan helps you immediately in times of need. You do not need any guarantee or mortgage of property to avail this loan. Your EMI and repayment period are decided according to your income, which makes it easy to repay it. Paying EMI on time improves your credit score, which helps in taking other loans in future.
While taking a loan, keep in mind that you should take only as much loan as you need. Taking a large loan can increase your EMI, which can affect your monthly budget.
Also, always pay EMI on time. If you do not pay EMI on time, it will affect your credit score, and it may be difficult to take a loan in future.

Read Also – Bank Of India Personal Loan: 4 लाख का लोन केवल 36 मिनट में, आवेदन करें यहां से
Read Also – Canara Bank Personal Loan: Get loan of Rs. 300000 in just 30 minutes, apply here