Bank of India Home Loan in Indore

Last Updated : April 11, 2017, 2:36 p.m.

About Bank of India Home Loan Indore

So you are residing in the city of Indore, popularly called as the home for the foodies with sumptuous dishes like ‘Poha’ being readily available in this part of the world. But in order to have a sustained stay in your city with full of freedom, it is imperative you have your own home. If you do not have, you can have that from Bank of India (BOI) that offers a wide range of products and services, including a home loan. So, figure out your feasibility for BOI Home Loan from the information shown below.

Bank of India Home Loan Indore at a Glance

Eligibility Criteria

Want to know who are the ones eligible for a home loan at BOI? Salaried employees, 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.

Documentation

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 Indore

Bank of India Home Loan Indore Branches

Want to visit the nearest branch of BOI with your home loan application in Indore? Check out from the list below. You can also get to know the IFSC Code, MICR Code and contact number of the branches.