Bank of India Home Loan in New Delhi

Last Updated : April 11, 2017, 4:58 p.m.

About Bank of India Home Loan New Delhi

Bank of India (BOI) is one of the most trustworthy banking partners to meet the home wish at a cost that can easily fit into a pocket. This wish can be fulfilled with the help of a home loan that is affordable with a lower interest rate. In addition, the longer tenure allows you to repay the Equated Monthly Installment (EMI), accruing on the loan, quite easily. The presence of the bank is enormous with many of its branches are there in New Delhi, the city where you live and earn your livelihood. The details of the bank’s home loan in New Delhi are presented below.

Bank of India Home Loan New Delhi at a Glance

Eligibility Criteria

Want to know who are the ones eligible for a home loan at BOI in New Delhi? It’s the salaried employees, self-employed businessmen, professionals, HUFs, NRIs, PIOs, corporate and partnership firms who can apply for a home loan at the bank. The eventual loan disbursal amount, though, 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

You are required to submit the below list of documents that are asked by Bank of India to approve your home loan application in New Delhi. 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 New Delhi

Bank of India Home Loan New Delhi Branches

In search of the nearest BOI branch to submit your home loan application in New Delhi? 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 New Delhi.