Bank of India Car loan in Hyderabad
Last Updated : April 7, 2017, 4:44 p.m.
About Bank of India Car Loan Hyderabad
Having a stylish car with lovely interiors and exteriors is the dream of many. But very few have got their dream come true. But now when Bank of India (BOI) is all set to make it happen for you with a car loan, your dream possession would be a reality soon. The bank has a PAN India presence with over 5,000 branches, of which some are also located in Hyderabad, the city which we love to be in and travel to.
Bank of India Car Loan Hyderabad 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 Hyderabad. Keen to know which are the documents you would need to submit? Here is the list below.
- 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 Hyderabad
Bank of India Car Loan Hyderabad Branches
You can find a good number of branches of Bank of India in Hyderabad. Don’t know the locations of the branches in the city? Take a glance at the table below and find the nearest branch. The table also contains key information such as IFSC Code, MICR Code, as well as contact details of the branches.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Nampally Stat | 5-8-659, Nampally Stat, P. B. No.134, Hyderabad, India, Andhra Pradesh, Pin-500001 | BKID0008600 | 500013006 | 040-23201492, 23202016 |
| Basheerbagh | Basheerbagh, 5 - 9 - 30/31 - 34 New Mla Q, Opp.Gandhi Med. College, Hyderabad, Andhra Pradesh, Pin-500029 | BKID0008601 | 500013005 | 040-23234673, 23237370 |
| Malkajgiri | Malkajgiri, Malkajgiri, Hyderabad, Hyderabad, Andhra Pradesh, Pin- 500047 | BKID0008602 | 500013010 | 040-27052893, 2705378 |
| Kachiguda | Kachiguda, R K Complex, Station Road Kachiguda, Hyderabad, Andhra Pradesh, Pin-500027 | BKID0008606 | 500013007 | 040-27564456, 27567972 |
| Sultan Bazar | Sultan Bazar, 4 - 3 329 Sultan Bazar, Pb 545, Hyderabad, Andhra Pradesh, Pin-500001 | BKID0008607 | 500013013 | |
| Khairatabad | Khairatabad, Pti Building, Ac Guards, Hyderabad, Andhra Pradesh, Pin-500013 | BKID0008609 | 500013008 | 040-23318754, 2332159 |
| Kukatpally | Kukatpally, Ist Floor ADR Estate, Bhagya Nagar Colony, Hyderabad, Andhra Pradesh, Pin-500072 | BKID0008624 | 500013022 | 040-23065555, 23161061 |
| Hyderabad Service Branch | Hyderabad Service Branch, 1-10- 1199/2, 1St Floor, P.T.I. Bldg., A.C. Gua, Hyderabad, India, Andhra Pradesh, Pin-500004 | BKID0008625 | 500013001 | 040-23378218, 23392308 |
| Azamabad | Azamabad, 1-8 -563/1 Azamabad Ind, Area, Rtc Cross Road, Hyderabad, Andhra Pradesh, Pin-560020 | BKID0008626 | 500013003 | 040-27667582, 27600625 |
| Malakpet | Malakpet, 16- 10 - 27 /105/25, , Malakpet Pb 1317, Hyderabad, Andhra Pradesh, Pin-500036 | BKID0008627 | 500013009 | 040-24548897, 24565584 |
| Hyderabad Hi Tech Agri | Hyderabad Hi - Tech Agril. Fina., 1St Floor, , H.No. 6 - 1 - 1062/10, Hyderabad, Andhra Pradesh, Pin-500036 | BKID0008628 | 500013016 | 040-23520799, 23510621 |
| Ameerpet | Ameerpet, Mitri Vanam Huda Compl, Ameerpet, Hyderabad, India, Andhra Pradesh, Pin-500010 | BKID0008629 | 500013017 | 040-23730894, 23751043 |
| Hyderabad ARB | 10-1-1199, 1St Floor, Pti Buildings, A.C.Gaurds, Hyderabad, Andhra Pradesh, Pin-500004 | BKID0008630 | 580013099 | |
| Andhra Pradesh Police Academy | A.P. Police Academy, Himayat Nagar, Golgonda Po, Hyderabad, Andhra Pradesh, Pin- 500005 | BKID0008635 | 500013020 |