Bank of India Personal Loan in Hyderabad

Last Updated : Aug. 28, 2018, 4:04 p.m.

About Bank of India Personal Loan Hyderabad

Hyderabad is a city that impresses the visitors with a spectacular craft of the temples that are in large numbers here. In addition to being a delight for the travellers, it also has a huge chunk of IT professionals engineering new processes and products to make life convenient and enjoyable. But these professionals and others living in the city also have some dreams to accomplish. And they can do that by applying for a personal loan at Bank of India (BOI), a public sector bank that runs a significant number of branches here.

Bank of India Personal Loan Hyderabad at a Glance

Apply Personal Loan @ 10.75%* Rate

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.

Documents Required to Obtain Personal Loan from Bank of India in Hyderabad

Don’t know which are the documents that the bank asks to submit in the case of a personal loan? Take a look 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 Hyderabad Branches

You can easily make a visit to the nearest BOI branch in Hyderabad to submit your personal loan application by taking a cue from the table below. The table not only shows the address but also has information regarding IFSC Code, MICR Code and contact numbers of the branches. All these can prove vital for a hassle-free personal loan journey with Bank of India in Hyderabad.