Bank of India Home Loan in Jammu

About Bank of India Home Loan Jammu

How does it feel like owning a home at your own place Jammu replete with hills and mountains to refresh your mind? Obviously, the answer would come in affirmative. But how will you buy a home when you look at your wallet and find it inept to do so? Well, Bank of India (BOI) can help achieve that with affordable interest rates. With a PAN-India presence, the public sector bank has branches in the city of Jammu as well. Let’s find out the details of BOI Home Loan here.

Bank of India Home Loan Jammu at a Glance

ParticularsDetails
Interest Rate8.65% - 9.55%
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 in Jammu? Salaried employees, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligible to apply 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. Being clear on the eligibility front is half the home loan disbursal journey won by you as a borrower.

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 Jammu

Bank of India Home Loan Jammu Branches

Want to visit the nearest branch of BOI with your home loan application in Jammu? Check out from the list below. You can also get to know the IFSC Code, MICR Code and contact number of the branches. All these information pertaining to Bank of India will be useful in your bid to buy your dream home in Jaipur

Branch NameComplete AddressIFSCMICRContact Detail
Maulana Azad RoadMaulana Azad Road, Shrinagar, Jammu & Kashmir-190001BKID0007900190013002
JammuJammu, Vir Marg, Residency Road, Jammu, Jammu & Kashmir-180001BKID00079011800130020191-2573025, 533138
UdhampurPost Box-5, 23/11, Mukherjee Bazar, Court Road-149001BKID0007903182013001
DalgateDalgate, Khaibar Chowk, Opp. Khaibar Hospital, Srinagar Jammu & Kashmir-190001BKID0007904190013003
SatwariSatwari, 19, Satwari, Jammu, Jammu, Jammu & Kashmir-180003BKID00079061800130030191-2450918, 2454206
GangyalP.C.D.A Complex, Jammu Cantt. BKID0007911180013004
Jammu Mid CorporateSewa Complex Opp Fire Station, National Highway Gangyal, Jammu-180010BKID00079121800130050191-2480363
VijaypurMain Bazar , Near Mini Bus Stand, V& Po Vijaypur, Distt. Samba, Jammu & Kashmir-184120BKID0006358
KatraBhawanis Paradise Hotel, Jammu Road, Katra, Jammu & Kashmir-182301 BKID0007913
KathuaKathua Branch Neeraj Mall, Shahidi Chowk, Ward No 5, District Kathua, Jammu & Kashmir- 184101BKID0007914

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