Bank of India Home loan Interest Rates

Availing a home loan is no more a hassle as Bank of India is here to help. The bank by offering the best of home loans ensures to fulfill the dream home wish of many. The lender by offering the loan at attractive interest rates helps in lowering down your EMI and Interest burden. However, in order to know more about the interest rates offered by Bank of India Home Loan, take a look at the table below.

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Bank of India Home Loan Interest Rates

ParticularsDetails
Interest Rate8.50% - 8.60%
Loan AmountUp to ₹500 Lakh
Tenure30 Years
Processing Fee0.25% of the Loan Amount + GST

MCLR w.e.f. 10th September 2017 is 8.30% p.a.

Bank of India Home Loan Balance Transfer Interest Rates

If your existing home loan lender is offering you the loan at higher interest rates, don’t worry as all you need to do is simply transfer your loan to BOI Home Loan. The lender is offering you the loan at competitive rates hence reduces your EMI and Interest Outgo burden.

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Home Loan Interest Rates August 2018
State Bank of India/SBI8.45% - 9.00%
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LIC Housing8.45% - 8.90%
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