Bank of India Car Loan in New Delhi
Last Updated : Sept. 5, 2017, 12:39 p.m.
About Bank of India Car Loan New Delhi
Enjoying your run in New Delhi but want to run your own car in the city? Searching out the car loan offers of the lenders? But could not get the right one? Why not glance at Bank of India (BOI) for the fulfillment of your car dream? The bank emerges out as one the most preferred lenders in India owing to its affordable interest rates, simple documentation, and easy processing, etc. New Delhi occupies a significant share of the bank’s overall branch presence which counts to more than 5,000 across the country. So, let’s explore Bank of India Car Loan.
Bank of India Car Loan New Delhi 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
Don’t know the documents you need to apply for a car loan at BOI in New Delhi? The documents include proofs for identity, income, residence, among others. Know all the documents in the points 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 New Delhi
Bank of India Car Loan New Delhi Branches
Want to visit the nearest BOI Branch in New Delhi? Find that out from the list below. The list also contains information pertaining to the branch address, IFSC Code, and MICR Code, etc.
| Branch Name | Complete Address | IFSC | MICR | Contact Detail |
|---|---|---|---|---|
| Janpath | Janpath, 54 Janpath, PB No 357, New Delhi- 110001, Delhi | BKID0006000 | 110013012 | 011-23353251, 28844060 |
| Asaf Ali Road | Asaf Ali Road, 4/8 Asaf Ali Road, Post Box 7044, New Delhi-110002, Delhi | BKID0006001 | 110013002 | 011-23271714, 28833125 |
| Bank Street | Bank Street, Karol Bagh, New Delhi, 110005, Delhi | BKID0006002 | 110013004 | 011-28855565, 28855566 |
| Connaught Circus | Connaught Circus, Central Ring, Connaught Circus, New Delhi-110001, Delhi | BKID0006003 | 110013006 | 011-23322129, 28844062 |
| Hauz Khas | Hauz Khas, G- 1, Hauz Khas Enclave, Mehrauli Road, New Delhi-110016, Delhi | BKID0006005 | 110013010 | 011-28866059, 28866060 |
| Karol Bagh | Karol Bagh, 13/38, Arya Samaj Road, Post Box No.2571, New Delhi-110005, Delhi | BKID0006006 | 110013015 | 011-28855567, 25722640 |
| Khan Market | Khan Market, 32/33 Raja Gyan Nath B, Corn Wallis Road, New Delhi- 110003, Delhi | BKID0006007 | 110013014 | 28844066, 24621849 |
| Kirti Nagar | Kirti Nagar, B/3, Tagore Market, Kirti Ngr Najafgarh Road, New Delhi, 110015, Delhi | BKID0006008 | 110013016 | 011-25458465, 25468326 |
| Paharganj | Paharganj, 4/6 D Deshbandu Gupta, Road, Paharganj, New Delhi-110001, Delhi | BKID0006009 | 110013022 | |
| Rajendra Place | Rajendra Place, 16, Vikram Towers, , 1St Floor, New Delhi-110005, Delhi | BKID0006010 | 110013025 | 011-28855569, 25730640 |
| Hamdard Dawakhana | Hamdard Dawakhana, 1545 Gali Quesimjar, Bazar Lak Khan, New Delhi-110006, Delhi | BKID0006012 | 110013034 | 011-28833131, 28833132 |
| Kamla Nagar | Kamla Nagar, 29 A, Kamla Nehru Road, Subjimandi, New Delhi, 110007, Delhi | BKID0006013 | 110013035 | 011-23841477, 23843162 |
| Narela | Narela, 2111 Kripa Niwas, Bawana Road, New Delhi- 110040, Delhi | BKID0006014 | 110013039 | 011-27282248, 27282313 |
| Parliament Street | Parliament Street, Pti Building, 4 Parliament Street, New Delhi-110001, Delhi | BKID0006016 | 110013024 | 011-28844067, 28844068 |
| Bhaktawarpur | Bhaktawarpur, Kasturba Road, Bhaktawarpur, New Delhi- 110036, Delhi | BKID0006017 | 110013038 | 011-27721644, 27722256 |
| Nehru Place | Nehru Place, Paras Cinema Building, Nehru Place, New Delhi-110024, Delhi | BKID0006018 | 110013020 | 011-26417917, 26418812 |
| Lajpat Nagar | Lajpat Nagar, Feroz Gandhi Road, Lajpat Nagar Iii, New Delhi-110024, Delhi | BKID0006019 | 110013017 | 011-29831670, 28898165 |
| Azadpur | Azadpur, Plot No 12, New Sabzi Mandi, New Delhi, 110033, Delhi | BKID0006020 | 110013032 | 011-28877070, 28877071 |
| East Of Kailash | East Of Kailash, D-142, East Of Kailash, New Delhi–110065, New Delhi, 110065, Delhi | BKID0006021 | 110013008 | 011-28898167, 28898168 |
| Panchsheel | 7, Panchsheel Shopping, Centre, New Delhi, 110016, Delhi | BKID0006022 | 110013023 | 011-26494311, 26498543 |
