Car Loan Rates EMI 2024

Bank of India Car Loan in Patna

Bank of India Car Loan in Patna

Last Updated : April 8, 2017, 5:53 p.m.

About Bank of India Car Loan Patna

Patna, the capital city of Bihar, attracts everyone to the core with its simple style of living, far away from the buzz that’s normally been the case with the top tier cities of India. But even in its simplicity, there are people here wishing big. Of the many wishes for the people in Patna, a car sits at the top of their mind. So, if you are living in Patna and wish to have a car of your own, you can apply for a car loan at Bank of India (BOI), which runs around 5,000 branches across India.

Bank of India Car Loan Patna 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.


Don’t know the documents you need to apply for a car loan at BOI in Patna? 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 Patna

Bank of India Car Loan Patna Branches

Want to visit the nearest BOI Branch in Patna? Find that out from the list below. The list also contains information pertaining to the branch address, IFSC Code, and MICR Code, etc.

Branch NameComplete AddressIFSCMICRContact Detail
Patna MainPatna Main, Fraser Road, Post Box No. 166, Patna City-800001, BiharBKID00044008000130020612-2222413, 2231337
Patna CityPatna City, Dashmesh Market 1St Fl, Opp Pital Ka Mahadev, Patna City-800008, BiharBKID00044018000130060612-2642062, 2643967
Rajendranagar ColonyRajendranagar Colony (Patna), 90, Ramkrishna Avenue, Patna-800016, BiharBKID00044078000130040612-2673508, 2688039
Muradpur ChauhattaMuradpur- Chauhatta, Tara Bhavan,1st Floor Ashok Rajpath, Patna-800004, BiharBKID00044088000130050612-2302332
Birchand Patel MargBirchand Patel Marg, Sone Bhawan, Birchand Patel Marg, Patna-800001, BiharBKID00044108000130030612-2230865, 2237996
KarbigahiyaKarbigahiya, Patna-800001, BiharBKID00044138000130070612-2342629, 2354272
SrikrishnanagarSrikrishnanagar(Patna), M-22 Road No 25, Sri Krishna Nagar, Patna City- 800001, BiharBKID00044198000130090612-2525656
Patna ARBC/O Zonal Office, R.Block PatnaBKID0004420800013013
Patna C&PPatna C&P, Raghuvir Place, Boring Road, Patna, 800001, BiharBKID00044218000130100612-2271335, 2275958
KankarbaghKankarbagh, Parmanand Place, Panchmandir Road, Patna- 800001, BiharBKID0004423800013011
Rajiv NagarRajiv Nagar, Main Road, Rajiv Nagar, Keshri Nagar, Patna, 800024, BiharBKID0004424800013014
Patna Service BranchPatna Service Branch, Uday Bhavan, 3rd Floor, Fraser Road, Patna- 800001, BiharBKID00044258000130010612-2222164
Boring RoadBoring Road, Patna, BiharBKID0004428800013015
Patna SecretariatPatna Secretariat, Near Secretariat, Patna, BiharBKID00044298000130160612-2222007, 9431651466
Bailey RoadC/O Jagdeo Path More, Bailey Road Patna, BiharBKID0004458800013019
Patel NagarGandhi Murti Road No- 2, Patel Nagar, Patna, BiharBKID0004459800013017
GulzarbaghHouse Of Shri Parasnath Mehta, Arfabad, Rithital, Sher Shah Road, P.O; Gulzarbagh, Patna-800007BKID0004457800013022
Retail HubScada Building, R -Block, B C P Marg, Patna-800001BKID0004466800013021
Patna Corporate BranchPatna Corporate Branch, Sone Bhawan, B C P Marg District Patna-800001, BiharBKID0004561800013023
Jamal Road336, Jamal Road, Patna Bihar 800001BKID0004415800013024

Related Post