Bank of India Home Loan Kochi - Rates February 2024, Eligibility, EMI, IFSC

Bank of India Home Loan in Kochi

About Bank of India Home Loan Kochi

It indeed becomes a priority to buy a home wherein you can stay with your family without worrying about the constant change of your nest which is the case of rental accommodation. So, if you are in Kochi, the commercial hub of Kerala, and want to settle down there with your family, you should contemplate on buying a home in the city. One bank that can let you do that is Bank of India (BOI), which has branches in Kochi and as well as the entire country.

Bank of India Home Loan Kochi 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 in Kochi? Salaried employees, self-employed businessmen, professionals, HUFs, 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.


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 Kochi

Bank of India Home Loan Kochi Branches

Want to visit the nearest branch of BOI with your home loan application in Kochi? 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
KochiC C Vi/96 (A) Bazar Ro, Mattancherry, Kochi- 682002, Kerala 682002, KERALABKID00085106820130050484-2224575, 2225339
Ernakulam Service Branch M.G. Road, Kochi-682016, KeralaBKID00085856820130010484-2372225, 2370352
Ernakulam Mid Corporate BranchErnakulam Mid Corporate Branch, Manavalan Building, Jawahar Nagar East, Vyttila, Kochi-682019BKID0008518682013023
ErnakulamErnakulam, At Kannankeri Estate, Shanmugham Road , Ernakulam- 682031, KeralaBKID00085006820130020484-2354508, 2372225
M G Road (Ernakulam)M G Road(Ernakulam), Xxxv/1301 - 2, Collis Es, M. G. Road, Kochi-682016, KeralaBKID00085016820130090484-2353683, 2353857
College GroundCollege Ground, P.B.No.1088, M. G. Road, Ernakulam, Kochi-682011, KeralaBKID00085026820130040484-2360696
Ernakulam NRIErnakulam NRI, Collis Estate, Ravipur, M.G.Road, Ernakulam, K, Ernakulam, 682016, KeralaBKID00085036820130030484-2365158, 2370352
Ernakulam Housing Finance & Personal BankingErnakulam Housing Finance, Kaloor Tower, Kaloor, Kadavanthara Road, Kochi, 682017, KeralaBKID00085046820130100484-2536036
Willingdon IslandWillingdon Island, Post Box No. 540, Willingdon Island, Kochi, 682003, KeralaBKID00085116820130060484-2666265, 2668471
KakkanadKakkanad, 10/164C, Thadathil Bld, Airport Rd, Kochi- 682030, KeralaBKID0008512682013021
Kalamassery SouthKalamassery South, University P.O., Kalamassery South, Kochi- 682022, KeralaBKID00085696820130070484-2555890, 2555540
K P Vallon RoadK P Vallon Road Kadavanthara Junction Kochi-682020, KeralaBKID0008587

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%