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Bank of India Car Loan in Ahmedabad
Last Updated : Sept. 5, 2017, 12:12 p.m.
About Bank of India Car Loan Ahmedabad
Ahmedabad, the city of management graduates and a home to a large number of business enterprises, also has a segment that dreams of buying a car of their choice. Specifically, to tap this massive requirement, Bank of India (BOI) is placed in large numbers through its extensive branch network in the city. Based on the type of car you wish to buy, the bank would provide you a loan that could also fit into your pocket.
Bank of India Car Loan Ahmedabad at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | 6.85% onwards |
| Loan Amount | Maximum Loan Amount : ₹ 50,00,000 for Resident Indian(individuals) & ₹ 100,000 for corporates for Resident Indian; ₹ 50,00,000 for Non-Resident Indians |
| Loan Tenure | Upto 7 Years for New Cars & upto 3 years for pre-owned cars |
| Processing Fee | NIL |
| Prepayment Charges | New Cars: ₹ 500 per application irrespective of the limit Pre-owned cars: 1% of loan amount minimum ₹500/- and Max ₹10,000/ |
Eligibility Criteria
- Salaried employees working in both public and private firms are a welcome at Bank of India for Car Loan. Also eligible are Non-resident Indians (NRIs), self-employed and professionals.
- Companies, Partnership Firms, Sole Proprietorship Firms and Hindu Undivided Families are prohibited from applying for a car loan at BOI.
Documentation
A list of documents is needed to avail BOI Car Loan in Ahmedabad. Interested to know which are the documents being asked to submit?
- Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card
- Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card
- Signature Verification Proof-PAN Card/Passport/Driving License
- Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement (For Salaried), ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years (Self-Employed)
- RTO Copy
- Processing Fee Cheque
- A Duly Filled Application Form
For more information, visit Car Loan Ahmedabad
Bank of India Car Loan Ahmedabad Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Ahmedabad Main | Navrangpura, Swastik Society, Charrasta, Ahmedabad, Gujarat, Pin-380009 | BKID0002000 | 380013003 | 079-25352281 |
| Panchavati | Panchavati, Ambavadi, Ellisbridge, Ahmedabad, Gujarat, Pin-380006 | BKID0002001 | 380013040 | 26406978 |
| Ashram Road | Ashram Road, Opp Hr Arts College, Ashram Road, Ahmedabad, Gujarat, Pin-380009 | BKID0002002 | 380013006 | 26582395, 26589706 |
| Delhi Chakla | Delhi Chakla, Ahmedabad, Gujarat, Pin-380001 | BKID0002003 | 380013007 | 079-25622734, 25620955 |
| Ellis Bridge | Ellis Bridge, Ahmedabad, Gujarat, Pin-380006 | BKID0002004 | 380013008 | 079-26576152, 26577158 |
| Manek Chowk | Manek Chowk, Sankadi - Sheri Naka, Manek Chowk, Ahmedabad, Gujarat, Pin-380001 | BKID0002007 | 380013017 | 22140754, 22144706 |
| Maninagar | Maninagar, Station Road, Maninagar, Ahmedabad, Gujarat, Pin-380008 | BKID0002008 | 380013018 | 25462137, 25462770 |
| New Cloth Market | New Cloth Market, Purshottam Mill Compd, Outside Rajpur Gate, Ahmedabad, Gujarat, Pin-380002 | BKID0002010 | 380013023 | 079-22160258, 22161241 |
| Paldi | Paldi, Vidyalaya Chambers, Opp Paldi Bus Stand, Ahmedabad, Gujarat, Pin-380006 | BKID0002011 | 380013024 | 079-26578226, 26579707 |