Bank of India Car Loan in Bhubaneswar
Last Updated : April 7, 2017, 11:03 a.m.
About Bank of India Car Loan Bhubaneswar
Bhubaneswar, the capital of Odisha is a city of devotees running around the temples to worship their respective gods. But these gentlemen do want to lead a luxurious life with a car at their disposal. Looking at the cost of your favourite possession, you would need an affordable car loan to ensure the fulfillment of your dream while keeping the pocket well protected. How can you do that? Simple, buddy. Just apply for a car loan at Bank of India, which has a reasonably good base in Bhubaneswar. Founded in 1906, the bank is a trustworthy partner in providing various types of loans, including a car loan.
Bank of India Car Loan Bhubaneswar 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 Bhubaneswar. 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
Bank of India Car Loan Bhubaneswar Branches
You can find a decent number of branches of Bank of India in Bhubaneswar. If you are not aware of their locations in the city, the table below will do the needful. The table also contains key information such as IFSC Code, MICR Code, etc.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Kharvel Nagar | Kharvel Nagar, 98, Kharavela Nagar, Keshari Jalkies Complex, Bhubaneswar, Odisha, Pin-751001 | BKID0005112 | 751013006 | 0674-2536670, 2391898 |
| Sailshree Vihar | Sailshree Vihar, 39, HIG Duplex, Bhubaneswar, Odisha, Pin-751010 | BKID0005113 | 751013008 | 0674-2741922 |
| Ashok Nagar | Bhubaneswar, 129, Ashok Nagar, Unit-II, Janpath, Bhubaneshwar, Odisha, Pin-751009 | BKID0005550 | 751013002 | 0674-2532188, 2535192 |
| Shahid Nagar | Shahid Nagar, A/123, Bhubaneshwar. Odisha, Pin-751007 | BKID0005551 | 751013005 | 0674-2545386 |
| Chandaka Industrial Complex | Chandaka Industrial Complex, Plot No.68(P), Annapurna House, , Bhubaneswar, Odisha, Pin-751010 | BKID0005553 | 751013003 | 0674-2580040, 2586256 |
| Kapila Prasad Market Complex | Kapila Prasad Market Complex, At Kapila Prasad, P.O.Sunderpada, Bhubaneswar, Odisha, Pin- 751002 | BKID0005559 | 751013004 | 0674-2591023 |
| Bhubaneshwar SSI | Bhubaneshwar SSI Branch, 102, Cuttack Road, , Bhubaneshwar,Odisha, Pin-751006 | BKID0005561 | 751013007 | 0674-2570796 |
| Bhubaneshwar Service Branch | Bhubaneshwar Service Branch, Keshari Talkies Complex , 98 Kharwel Nagar, Bhubaneshwar, Odisha, Pin-751001 | BKID0005563 | 751013001 | 0674-2390754 |
| Jayadev Vihar | Jayadev Vihar, Star House, 1/1 D, Jayadev Vihar, , Bhubaneshwar, Odisha, Pin-751001 | BKID0005564 | 751013009 | 0674-2551124 |
| Kanan Vihar | Plot No. 203, Mig-Ii, Kanan Vihar, Phase-Ii, Bhubaneswar, Odisha, Pin-751031 | BKID0005567 | 751013011 |