Bank of India Car Loan in Kolkata-Interest Rate-Wishfin

Bank of India Car Loan in Kolkata

About Bank of India Car Loan Kolkata

Still using the metro to commute from home to office and the other way round in Kolkata? Why not buy a car to remove the hassle of public transport? You can buy it on an attractive loan offered by Bank of India (BOI), a public sector bank with a massive presence across India with around 5,000 branches. Go and grab one lucrative car loan deal at Bank of India in Kolkata.

Bank of India Car Loan Kolkata at a Glance

Interest Rate6.85% onwards
Loan AmountMaximum Loan Amount : ₹ 50,00,000 for Resident Indian(individuals) &₹ 100,000 for corporates for Resident Indian; ₹ 50,00,000 for Non-Resident Indians
Loan TenureUpto 7 Years for New Cars & upto 3 years for pre-owned cars
Processing FeeNIL
Prepayment ChargesNew 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.


Get ready with a list of documents needed to avail BOI Car Loan in Kolkata. 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 Kolkata

Bank of India Car Loan Kolkata Branches

You can find a lot of branches of BOI to apply for a car loan in Kolkata. These branches have experienced representatives who can offer you a better car loan deal. 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 NameComplete AddressIFSCMICRContact Detail
Sham BazarSham Bazar, 140/1, Bidhan Sarani, Sham Bazar, Kolkata- 700004, West BengalBKID0004018700013039033-25301813, 25554341
Southern AvenueMehta House, 32, Southern Avenue, , Kolkata- 700029, West BengalBKID0004019700013044033-24661836, 24635303
South SuburbsSouth Suburbs, 391 Diamond Harbour Road, Behala, Kolkata- 700034, West BengalBKID0004020700013043033-24781577, 245846
Vivekanand Road36/2, Vivekanand Road, Calcutta, Kolkata-700007, West Bengal
BKID0004021700013048033-22691924, 22630705
MaulaliMaulali, 81/2 Acharya Jagadish, Bose Road, Kolkata, India, 700014, West BengalBKID0004024700013033033-22174905, 22271229
Bangur AvenueBangur Avenue, Plot No 415 413 - 214, Bangur Avenu, Kolkata- 700055, West BengalBKID0004025700013005033-25746055, 25741251
Jawaharlal Nehru RoadJawaharlal Nehru Road, 44, Jawaharlal Nehru Road, , Kolkata – 700016, Kolkata, 700016, West BengalBKID0004026700013027033-22823498, 22827856
Sealdah2/B, Mahatma Gandhi Road, Sealdah, Kolkata- 700009, West BengalBKID0004027700013038033-23503716, 23607594
Park CircusPark Circus, 73/A, Theatre Road, , (Shakespeare Sarani), Kolkata- 700017, West BengalBKID0004028700013036033-22471325, 22801186
College StreetCollege Street, 8/9, Bankim Chatterjee, Calcutta, Kolkata- 700073, West BengalBKID0004029700013015033-22415179, 22417899
Ruby ParkRuby Park, 207, Kasba Road, Calcutta, Kolkata, 700042, West BengalBKID0004030700013058
Free School StreetFree School Street, 41, Free School Street, Kolkata- 700016, West BengalBKID0004032700013020033-22172070, 22299346
Ballygunge Circular RoadBallygunge Circular Road, 67/B, Ballygunge Circu, Kolkata- 700019, West BengalBKID0004035700013003
Bhupendra Bose AvenueBhupendra Bose Avenue, 55, Bhupendra Bose Ave, Kolkata-700004, West BengalBKID0004036700013009033-25432933, 25554865

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%