Last month, I took out a loan from the Bank of India. Before availing of the loan, I wasn’t aware of the BOI personal loan interest rate or the documents needed. Since I already had an account with the bank, I called them and asked about all the necessary details. This is what the executive told me.
What is the Bank of India Personal Loan Rate of Interest?
I have added all the information provided by the executive in the table below.
Particulars |
Rates/ Charges |
Interest Rate |
10.85 % onwards |
Processing Fee |
2% of the Loan Amount (Min. Rs. 1000/- to Max. Rs. 10000/-) |
CIBIL Score |
725 above |
Maximum Tenure |
30 years |
Maximum Age |
70 years |
And that’s all he told me about the Bank of India personal loan interest. Following that, he also told me about the documents that are necessary for a BOI personal loan. You can check the list below.
Proof of Identity: PAN, Passport, Driver's Licence, Voter ID (Any one)
Proof of Address: Passport, Driver’s Licence, Aadhar Card, Latest Electricity Bill, Latest Telephone Bill, Latest Piped gas bill (Any one)
Last 6 months's Salary Slip, Pay Slip, and One-year ITR. Form 16 for salaried individuals (Any one).
And that’s about it. I hope this information about the BOI personal loan interest rate will be of help to you.
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What is BOI Personal Loan Interest Rate?
Rupak98
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47 days
2024-07-31T15:32:43+00:00 2024-07-31T18:20:33+00:00Comment
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