Bank of India Car Loan Pune-Interest Rate-Wishfin

Bank of India Car Loan in Pune

About Bank of India Car Loan Pune

Bank of India (BOI), set up in 1906, is a major public sector bank involved into the business of deposits and loans. Among the loan products, the bank offers a car loan with attractive features such as affordable interest rates, simple documentation, hassle-free processing, among others. So, if you wish to ride a car on the roads of Pune, Maharashtra, you can avail a car loan from BOI to fulfill your wish without any hole in your pocket. Want to know the details of the bank’s car loan? Do look at the information below.

Bank of India Car Loan Pune 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 Pune? 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 Pune

Bank of India Car Loan Pune Branches

Want to visit the nearest BOI Branch in Pune? 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
Sahakar NagarSahakar Nagar C&P, Plot No. 4, Cts1894, Parvati, Pune- 411009, MaharashtraBKID0000513411013015
Fergusson RoadFergusson Road, 1201 C A Shivaji Nagar, Pune, 411004, MaharashtraBKID0000514411013014020-25532073, 24220825
ShaniparShanipar, 1439, Shukrawar Peth, Pune–411002, MaharashtraBKID0000515411013007020-25890821, 25893222
Shivaji NagarShivaji Nagar, 36/1 Bombay Pune Road, Wakde Wadi Pune, Pune- 411003, MaharashtraBKID0000517411013016
Jangli M RoadJangli M Road, 573/3 Jm Road, Shivajinagar, Pune-411004, MaharashtraBKID0000518411013017
WanawadiWanawadi, 9, Anchor House, , Lulla Nagar, Wanawadi, Pune-411040, MaharashtraBKID0000520411013019020-26830037, 26831054
Pune Corporate Banking BranchPune Corporate Banking, 1162/6, University Road, Near Observatory, Pune-411005, MaharashtraBKID0000521411013023020-25510394, 25510395
Spicer CollegeSpicer Memorial College, Campus, Aundh, Pune- 411007, MaharashtraBKID0000522411013030020-25885725, 25893990
Kothrud (Guj Colony)Kothrud(Gujarat Colony), 133/1Behede Cmplx, Near, Anandnagar Paud Road, Pune-411029, MaharashtraBKID0000523411013029020-5431827, 5460490
MIT CollegeMaharashtra Academy Of Engineering And Educational Research, S.No.123, Mit Campus, Kothrud, Pune- 411038, MaharashtraBKID0000530411013031020-25532175, 25537470
Pune ARB1162/3 Shivaji Nagar, Bank Of India Zonal Office, Pune 411005BKID0000531411013038020-25520621, 25521528
Warje MalwadiWarje Malwadi, S.N. 139/1, Opp. National Highway, Pune- 411040, MaharashtraBKID0000533411013033020-25230749, 25235155
Pune Retail HubPune Retail Hub, 1206 V 1/19 Cifco Cent, Jangli Maharaj Road, Pune, 411005, MaharashtraBKID0000535411013035020-25520726, 25539588
AundhAundh-Baner, Gulshan, 273/1/, B, Baner Road, Near Nachlket Park, Pune, 411045, MaharashtraBKID0000536411013037
Viman NagarNirmal Building, Plot No 68/1 S No - 199 - 204/204/206(P) 209(P), Near Telephone Exchange Viman Nagar, Pune-411014, MaharashtraBKID0000537411013039
Pune Service BranchPune Service Branch, 592 Sadashiv Peth, Laxmi Road, Pune- 411030, MaharashtraBKID0000550411013001020-24451302, 24452922
Uttam NagarUttam Nagar, Laxminiwas Building, More Colony, Post Kopr, Pune-411023, MaharashtraBKID0000613411013024020-25290954, 25291448
VishrantwadiVishrantwadi Branch Show Room No - 56 At Shoppers Orbit S No - 44, A/2 Sub Plot No - 1 Pune - Alandi Road Dhanori, Vishrantwadi Pune-411015, MaharashtraBKID0000539411013042020-20268801
Sinhagad RoadLaxminarayan Sankul S No 120 A+B , Near Navashya Maruti Mandir, Pune Sinhagad Road, Pune 411030, MaharashtraBKID0000538411013043020-24254501
Pune Large Corporate1162/6 Shivaji Nagar University Road Pune- 411005, MaharashtraBKID0000540411013044020-25531005

Personal Loan Interest Rates February 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 February 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%