Bank of India provides a Personal Loan in three Types:-
1. Star Mitra Personal Loan
2. Star Pensioner Loan Scheme
3. Star Personal Loans:-
* Star Personal Loan Scheme provides loan to meet various Personal requirements of customers and their family.
* Bank offers loans for marriage expenses, medical expenses, educational expenses, purchase of consumer durables etc. Maximum quantum of advance is Rs.10.00 lakhs, depending upon the income, with very attractive interest rate and easy repayment plan.
The loans are both for salaried and self employed.
The loan tenure is 1 yr- 5yrs
Loan amount = Rs20000-Rs 1000000.
Personal loan Interest rate -12.25%
For Senior Citizens – 10.75%
Financing secured under tie-up arrangement – 11.50%
Processing Fee are 1.10% of loan amount Min. Rs.1000/- and Max. Rs.5000/-
Processing fee for senior citizens are .10% of loan amount, min. Rs. 500/- and max. Rs. 1,100/-
No processing charges for Senior Citizens (60 years & above)
Apply personal loan here
To avail Bank of India Personal loans
Call- 1800 22 0088
91-22-40919191
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