Bank of India Personal Loan in Chennai

Last Updated : April 13, 2017, 9:43 a.m.

About Bank of India Personal Loan Chennai

Bank of India (BOI), founded in 1906, is a state-owned lender with over 5,000 branches across the country. An introduction you could see in many journals. But what makes it an exciting read is its ability to satisfy the customers with a myriad of loans such as a personal loan that you can avail for marriage, education, medical emergency, and others. The bank’s personal loan band reaches to the south shore of India i.e. Chennai, the capital of Tamil Nadu.

Apply Personal Loan @ 10.75%* Rate

Bank of India Personal Loan Chennai at a Glance

Eligibility Criteria

Do you know who can apply for a personal loan at BOI? No! It’s the employees working in both public and private sector units. However, the  loan disbursal depends on the income and the ability of the borrower to repay the EMI. An individual with a higher income can easily meet the eligibility compared to one with a lower income.

Documentation Required to Avail Personal Loan from Bank of India in Chennai

Don’t know which are the documents that the bank asks to submit in the case of a personal loan? Have a glance at the below points showcasing documents in respect of identity, residence, address, signature verification, etc.

• 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
• Signature Verification Proof-PAN Card/Passport/Driving License
• Processing Fee Cheque
• A Duly Signed and Filled Application Form

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Bank of India Personal Loan Chennai Branches

You can check out from a wide list of BOI branches in Chennai. The list is encompassed in the table below, while providing information on the address, IFSC Code, MICR Code and contact numbers of the branches as well.