Bank of India Car Loan in Lucknow
Last Updated : April 8, 2017, 11:40 a.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
| 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
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 Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Mohini Mansions | Mohini Mansions, Post Box No. 170, Lucknow- 226001, Uttar Pradesh | BKID0006800 | 226013002 | 0522-2623829, 2231782 |
| Aminabad | Aminabad, Shakti Bldg, 35, , Niyamatula Rd, Aminabad, Lucknow- 226018, Uttar Pradesh | BKID0006801 | 226013005 | 0522-2629644, 2629628 |
| Khunkhunji Road | Chowk, Plot No 5, Khunkhunji Road, Chowk, Lucknow, Uttar Pradesh | BKID0006802 | 226013008 | 0522-2259203, 2259215 |
| Aishbagh | Aishbagh, Manohar Niwas, 278/81, Aishbagh Road, Lucknow- 226004, Uttar Pradesh | BKID0006803 | 226013003 | 0522-2692479, 2692845 |
| Mahanagar | Mahanagar, M-5, Gole Market, Mahanagar, Lucknow- 226006, Uttar Pradesh | BKID0006804 | 226013011 | 0522-2387166, 2389598 |
| Ashok Marg | Ashok Marg, Mull Building, Ashok Ma, Pb No. 321, Lucknow, 226001, Uttar Pradesh | BKID0006805 | 226013007 | 0522-2287329, 2288433 |
| Nirala Nagar | Niralanagar, 4, Commercial, Nirala Nagar, Lucknow- 226007, Uttar Pradesh | BKID0006806 | 226013012 | 0522-2788002, 2788019 |
| Kaiserbagh | Near Shubham Cinema, Avadh Market, 5, Cant Road, Kaiserbagh, Lucknow – 226001, Uttar Pradesh | BKID0006807 | 226013030 | |
| Aliganj | Aliganj, Pragati Kendra, Kapoor, Commercial Complex, Lucknow- 226006, Uttar Pradesh | BKID0006810 | 226013004 | 0522-2323483, 2330059 |
| Sarojini Nagar | Sarojini Nagar, 5-D Sarojini Nagar, Co- Op. Housing Society Ltd., Lucknow- 226008, Uttar Pradesh | BKID0006813 | 226013014 | 0522-2431195, 2436047 |
| Subhanikheda | Subhanikheda, Navneet Bhavan, , Subhani Khera, Telibag, Lucknow- 226002, Uttar Pradesh | BKID0006815 | 226013015 | 0522-2440680, 2443123 |
| Sadar | Sadar, 40 Sadar Bazar, Lucknow, Lucknow, Uttar Pradesh | BKID0006817 | 226013013 | 0522-2480225, 2483710 |
| Terhi Pulia(Madion) | Terhi Pulia(Madion), M M S 2/13, Sector C, Sitapur Road Scheme, Lucknow- 226021, Uttar Pradesh | BKID0006821 | 226013010 | 0522-2363127, 2733652 |
| Lucknow Service Branch | Lucknow Service, Pratap Building, 3Rd F, Nawal Kishore Road, Lu, Lucknow- 226001, Uttar Pradesh | BKID0006825 | 226013001 | 0522-2617352 |