Bank of India Home Loan in Chandigarh

Last Updated : May 5, 2018, 11:27 a.m.

About Bank of India Home Loan in Chandigarh

A dream home is still the search of many people across the country. Even the people of Chandigarh, a renowned union territory of India, want a home wherein they can chill around. And for that very purpose, they are searching for the lenders in the city. If you belong to Chandigarh, you can approach Bank of India (BOI), a public sector lender with more than hundred years of experience in serving the varied set of customers. Founded in 1906, the bank has been a reliable name in the areas of retail banking, corporate banking, international banking, MSME banking, and much more. So, let’s check out the offer of BOI home loan in Chandigarh here.

Bank of India Home Loan Chandigarh at a Glance

Eligibility Criteria

Before you approach BOI for a home loan, be aware of what the bank seeks before disbursing a home loan. The loan disbursal depends on the income and repayment capability of the borrowers. The bank disburses a home loan to individuals, self-employed, PIOs, corporate, partnership firms, etc.

Documents Needed to Apply for Bank of India Home Loan in Chandigarh

The loan disbursal will be smooth if you have the documents required by Bank of India. Curious to know the documents? Then, glance at the pointers below showing the documents as proofs for identity, address, income and others.

• 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

Want to gain more information, visit Home Loan Chandigarh

Bank of India Home Loan Chandigarh Branches