Bank of India Home Loan Indore - Rates Dec 2023, Eligibility, EMI, IFSC

Bank of India Home Loan in Indore

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

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 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.


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.

Branch NameComplete AddressIFSCMICRContact Detail
Indore MainIndore Main, Pungalia Bhawan, Santa Bazar, Indore- 452002, Madhya PradeshBKID00088004520130060731-2542381, 2542382
PalasiaPalasia, 575/1, Mahatma Gandhi, Road, Indore, 452001, Madhya PradeshBKID00088014520130130731-2434055, 2530022
KhajaranaKhajarana, 202, Saket, Indore- 452001, Madhya PradeshBKID00088024520130090731-2563554, 2563555
SiyaganjSiyaganj, 34 Siyaganj, Main Road, Indore- 452001, Madhya PradeshBKID00088034520130180731-2542968, 572219
RambaugRambaug, 142 Tilak Path, Rambaug, Indore-452001, Madhya PradeshBKID00088044520130150731-2540582, 2541545
Devi Ahalya MargDevi Ahalya Marg, 901, M. G. Road, , Khatipura, Indore-452001, Madhya Pradesh
MalharganjMalharganj, 27, Kailash Marg, Indore, Indore- 452001, Madhya PradeshBKID00088064520130110731-2419156, 2419154
SanyogitaganjSanyogitaganj, 148/1, Ravindranath Ta, Marg, Indore- 452001, Madhya PradeshBKID00088074520130170731-2526726, 5041261
Transport NagarTransport Nagar, 36, Narmada Chambers, Snehnagar Main Road, Indore- 452001, Madhya PradeshBKID00088084520130190731-2449173, 2449901
Palasia Housing And FinancePalasia Housing & Pers. Finance, Mourya Centre, 16 Dr Rs Bhandari Marg, Indore-452001, Madhya PradeshBKID0008809452013024
Vijay NagarVijay Nagar (Indore), Gf - A, Scheme No. 54, Near Sica School, Main, Indore-452002, Madhya PradeshBKID00088104520130200731-2558159
Shramik ColonyRao(M.P.), 37, Shramik Colony, Bombay-Agra Road, Rao, 453331, Madhya PradeshBKID0008811452013016
Rajendra Nagar2-C, Alankar, Rajendranagar, , Indore, 452012, Madhya PradeshBKID00088144520130140731-2321143, 2321486
Mhow334A, Simrole Road, Mhow, 453441, Madhya PradeshBKID000881645201302107324-272634, 273339

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