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Bank of India Car Loan in Lucknow

Bank of India Car Loan in Lucknow

Last Updated : Sept. 5, 2017, 12:35 p.m.

About Bank of India Car Loan Lucknow

The city of Nawab Lucknow, also the capital of Uttar Pradesh, is a nice place to explore and live in. Be it the scenery or the eateries, Lucknow sits at the top of the chart. At a time when there is a need of keeping up with the social status, a car has become the most loved possession for the people in Lucknow. And when you drive the car along Gomti riverside in Lucknow, you could experience the class of high-profile roads of the metropolitan cities. To enjoy a rollicking ride in Lucknow, you would need a car loan. While searching the lenders, you can think of choosing Bank of India, a public sector bank with more than 5,000 branches across the country, for a car loan.

Bank of India Car Loan Lucknow 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 Lucknow. 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 Lucknow

Bank of India Car Loan Lucknow Branches

You can find a lot of branches of BOI to apply for a car loan in Lucknow. 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? A table below will act as a navigator and let you reach the nearest branch conveniently. The table also contains key information such as IFSC Code, MICR Code, as well as contact details of the branches.

Branch NameComplete AddressIFSCMICRContact Detail
Mohini MansionsMohini Mansions, Post Box No. 170, Lucknow- 226001, Uttar PradeshBKID00068002260130020522-2623829, 2231782
AminabadAminabad, Shakti Bldg, 35, , Niyamatula Rd, Aminabad, Lucknow- 226018, Uttar PradeshBKID00068012260130050522-2629644, 2629628
Khunkhunji RoadChowk, Plot No 5, Khunkhunji Road, Chowk, Lucknow, Uttar PradeshBKID00068022260130080522-2259203, 2259215
AishbaghAishbagh, Manohar Niwas, 278/81, Aishbagh Road, Lucknow- 226004, Uttar Pradesh
BKID00068032260130030522-2692479, 2692845
MahanagarMahanagar, M-5, Gole Market, Mahanagar, Lucknow- 226006, Uttar PradeshBKID00068042260130110522-2387166, 2389598
Ashok MargAshok Marg, Mull Building, Ashok Ma, Pb No. 321, Lucknow, 226001, Uttar PradeshBKID00068052260130070522-2287329, 2288433
Nirala NagarNiralanagar, 4, Commercial, Nirala Nagar, Lucknow- 226007, Uttar Pradesh
BKID00068062260130120522-2788002, 2788019
KaiserbaghNear Shubham Cinema, Avadh Market, 5, Cant Road, Kaiserbagh, Lucknow – 226001, Uttar PradeshBKID0006807226013030
AliganjAliganj, Pragati Kendra, Kapoor, Commercial Complex, Lucknow- 226006, Uttar PradeshBKID00068102260130040522-2323483, 2330059
Sarojini NagarSarojini Nagar, 5-D Sarojini Nagar, Co- Op. Housing Society Ltd., Lucknow- 226008, Uttar PradeshBKID00068132260130140522-2431195, 2436047
SubhanikhedaSubhanikheda, Navneet Bhavan, , Subhani Khera, Telibag, Lucknow- 226002, Uttar PradeshBKID00068152260130150522-2440680, 2443123
SadarSadar, 40 Sadar Bazar, Lucknow, Lucknow, Uttar PradeshBKID00068172260130130522-2480225, 2483710
Terhi Pulia(Madion)Terhi Pulia(Madion), M M S 2/13, Sector C, Sitapur Road Scheme, Lucknow- 226021, Uttar PradeshBKID00068212260130100522-2363127, 2733652
Lucknow Service BranchLucknow Service, Pratap Building, 3Rd F, Nawal Kishore Road, Lu, Lucknow- 226001, Uttar PradeshBKID00068252260130010522-2617352

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