Availing Bank of India personal loan from is no more of a hassle as the lender offers the same credit facility to all the applicants at an attractive interest rate. The bank offers the loan to one and all and ensures that you get the loan in the best way. In order to know more about BOI personal loan interest rates, just read the page below.
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Table of Contents
Bank of India Personal Loan Interest Rates June 2021
|Interest Rate||10.35% - 12.35%|
|Loan Amount||₹10, 000- ₹10 Lakh|
|Tenure||3 Years/5 Years|
|Processing Fee||2% of the Loan Amount+GST|
Bank of India Tenure Wise MCLR
|Tenure Wise MCLR||Effective Rate|
|1 Month MCLR||8.25%|
|3 Months MCLR||8.40%|
|6 Months MCLR||8.55%|
|1 Year MCLR||8.65%|
Bank of India Personal loan Balance Transfer
If your existing personal loan lender is charging the higher interest rate, all you need to do is just transfer your current PL to BOI. The bank is offering the loan at an attractive interest rate which also allows you to save on your EMI and Interest Outgo.