BOI | Bank of India

BOI Star Home Loan

Provides loans to purchase a Plot for construction of a House, to purchase/construct house/flat, as well as for renovation/ repair/alteration/addition to house/flat Maximum loan amount is Rs.500 lacs and repayment ranges up to 30 years, with reasonable margin and nominal processing charges. No commitment /administrative charges
The loan is available at very competitive rates of interest, currently available in the industry.
Option for different EMI amounts for different periods during tenure of loan to suit customer’s repayment capacity
Prepayment of Loan permitted. No prepayment charges under floating rate option
Interest is calculated on daily balance basis which is of great advantage to customer as it results in lower interest amount.
Loan to NRIs as well as Persons of Indian Origin.
Simplified application form/procedures for convenience of customers, and speedy approvals.
Free Personal Accident Insurance cover (Renewed at banks discretion)
Life Insurance Cover to borrowers for Loan Protection(optional)
Please visit our nearest Branch and avail loan to own your dream home