Bank of India Personal Loan Interest Rates

Check Rates for Personal Loan, EMI Calculator, Loan amount, process, approval time, and application status & loan eligibility through

Bank of India is commercial bank with headquarters in Mumbai, Maharashtra, India. Founded in 1906, it has been government-owned since nationalisation in 1969. Customer care number of Bank of India – 1800 22 0229.

Bank of India offers personal loans as BOI Star Personal Loan from 10000 to 10 lakh or 20 times of monthly salary. Processing fees are 2% of loan amount + Service Tax. BANK OF INDIA disbursed loan in your account within 48 working hours.

BOI Personal Loan Quick Apply

Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks


Salaried employees, Professionals and individuals with high net worth, regular pensioners or family pensioners drawing regular monthly pension through Bank of India branch, Staff members, retired employees (other than dismissed/compulsorily retired) are eligible to take loan.

Bank of India personal loans available for the end use of Marriage in family, Vacations, Consumer durables, education, renovation for home etc.

Important Info for Bank of India Personal Loan

Interest Rates 12.20% – 14.20%
lowest emi per lakh for 5 years Rs. 2235
Processing Fee 2.00% of loan amount or Rs. 1000 to max. Rs. 10,000 plaus S.T
Prepayment Charges NIL
Repayment 5 Years
Guarantor Suitable third party guarantee acceptable to the Bank
Age 21 – 55
Loan Amount 50000 – 10 lakh
Disbursal Time 4-6 days
Minimum Income Per Month 30000

Documents Required for Bank of India Personal Loans
Identity Proof – Passport, photo pan card, driving license, votes id card, photo ration card
Address Proof – Passport, telephone bill, ration card, electricity bill, driving license, life/medical insurance policy, rental agreement, and apartment allotment letter.
Bank of India Personal Loan EMI Calculator

Precalculated emis for BOI personal loan, based on loan amount, interest rates and tenure.

Loan Amount Tenure In Years Interest Rate Monthly EMI Total Amount Total Interest
100000 5 12.20% ₹2,234.56 ₹1,34,073.88 ₹34,073.88
150000 5 12.20% ₹3,351.85 ₹2,01,110.82 ₹51,110.82
200000 5 12.20% ₹4,469.13 ₹2,68,147.75 ₹68,147.75
250000 5 12.20% ₹5,586.41 ₹3,35,184.69 ₹85,184.69
300000 5 12.20% ₹6,703.69 ₹4,02,221.63 ₹1,02,221.63
350000 5 12.20% ₹7,820.98 ₹4,69,258.57 ₹1,19,258.57
400000 5 12.20% ₹8,938.26 ₹5,36,295.51 ₹1,36,295.51
450000 5 12.20% ₹10,055.54 ₹6,03,332.45 ₹1,53,332.45
500000 5 12.20% ₹11,172.82 ₹6,70,369.39 ₹1,70,369.39

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