Bank of India Home Loan

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All About Bank of India Home Loan

Bank of India provides Home Loans to the purchase of vacant land for the construction of new home on that land, for doing renovation, repair of your existing loan. This loan is available for longer tenure periods and with flexible repayment charges.


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Why Bank of India Home Loan?

  • Maximum Loan Tenure: 30 years.
  • Maximum Loan Amount: Rs 500 lakhs
  • Life Insurance Cover is available in Bank of India Home Loan.
  • Prepayment of loan is allowed in Bank of India Home Loan.
  • Nominal Processing charges.

Loan Quantum Available:

Bank of India Home Loan

Salaried Employees72 times of the Gross Monthly Salary
Self Employed Peoplesix times the Gross Annual Income based in It returns.
Partnership Firmssix times of the cash accruals as per PL & BL sheet
*Above rates are subject to change without notice.

*Special Note: Bank of India does not provide Home Loan or Loan against Property to B Khata Property.

Leading Home Loan Providers (Click to Apply)
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