Bank of India Home Loan Bengaluru - IFSC, Rates February 2024, Eligibility, EMI

Bank of India Home Loan in Bengaluru

About Bank of India Home Loan Bengaluru

Bengaluru is a city one aspires to live and settle in because of the massive opportunities that it present to the youth. The city has IT giants like Infosys and Wipro, along with many large to small-scale units calling the younger generation to come and earn their livelihood. And if you are able to buy a home in Bengaluru, Karnataka, you make your stay there memorable for the entire life. You can do that with Bank of India Home Loan. Get a sight of the details below and apply for the loan.

Bank of India Home Loan Bengaluru at a Glance

Interest Rate8.85% onwards
Loan AmountUpto ₹ 5 Cr
Loan TenureUpto 30 Years
Processing Fee0.25% of the loan amount
Minimum- ₹ 1,000+service tax as applicable

Maximum-₹ 20,000+service tax as applicable
Prepayment ChargesNIL

Eligibility Criteria

Want to know who are the ones eligible for a home loan at BOI? Salaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligible for a home loan at the bank. However, the actual loan disbursal depends on the income and the ability of the borrower to repay the EMI.


Do arrange the below list of documents that are asked by Bank of India to approve your home loan application. The documents are as follows-

  • Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card
  • Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card
  • 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 (For Self-employed)
  • Property Documents Like Cost Estimation, Property Map, Property Allotment Copy, Complete Property Chain, etc
  • Signature Verification Proof-PAN Card/Passport/Driving License
  • Business Establishment Proof-Utility Bills of Shops & Establishments
  • Processing Fee Cheque
  • A Duly Signed and Filled Application Form

Seeking more information? Visit Home Loan Bengaluru

Bank of India Home Loan Bengaluru Branches

Considering the popularity of Bengaluru, Bank of India has a large number of branches here to tap the home need of the customers in the city. The table below shows the addresses, IFSC Code, MICR Code and contact number of the branches.

Branch NameComplete AddressIFSCMICRContact Detail
Bangalore MainBangalore Main, 11, Bank Of India Building, K.G.Road, Bangalore, Karnataka, Pin-560009BKID0008400560013002080-22959437, 22959438
MalleswaramMalleswaram, No 112, Ist Floor, Margosa Road, Bangalore, Karnataka, Pin-560003BKID0008401560013007080-23567593, 22959500
VisweswarapuramVisweswarapuram, 83 Digaronal Road, Visveswarapuram, Bangalore, Pin-560004BKID0008402560013010080-26612656, 26620225
VirgonagarVirgonagar, Vill Avalahalli, Post Virgonagar, Bangalore, 560049, Karnataka, Pin-560049BKID0008403560013016
Cantonment, Jothi MahalCantonment, Jothi Mahal, 49, St Marks Road, Bangalore,, Karnataka, Pin-560001BKID0008404560013003080-22959478, 22959474
Jaya NagarJaya Nagar, 2904 11 Main Road, 4Th Block Jayanagar, Bangalore, Karnataka, Pin-560025BKID0008405560013006080-22959483, 22959484
RajajinagarRajajinagar, 675, Ii Block, Nr Navarang Theatre, Bangalore, Karnataka, Pin-560110BKID0008406560013008
J C RoadJ C Road, 75 J C Road, Bangalore, Bangalore, Karnataka, Pin-560002BKID0008407560013005
YeshwantpurYeshwantpur, 6, Regulated Market, Yeshwantpur, Bangalore, Karnataka, Pin-560022BKID0008408560013011080-22959528
Richmond TownRichmond Town, 22, Bangalore, Karnataka, Pin-560025BKID0008409560013009080-22959513, 22959512

  • 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%