Bank of India Car Loan
| Bank Link | https://www.bankofindia.co.in/VehicleLoan1 |
| Loan Amount | Up to Rs.1.25 crore |
| Interest Rate | Starting from - For New Car : 9.50%, For Used Car : 8.90% |
| Tenure | For New Car : 7 years, For Used Car : 3 years |
| Pre Payment Charges | Nil |
Service Charges
Processing Fee : 1%
| Self | |
|---|---|
| Minimum Age (in yrs.) | Minimum 18 years & Maximum 65 years |
| Minimum Income (in Rs.) | Regular Income |
| Minimum Work Experience (yrs.) | |
| Residence Status (yrs.) | Valid Residence proof |
| Id Proof | Aadhaar, Passport/ Driving License/ Voter ID/ PAN |
| Address Proof | Electricity bill/telephone bill/Driving License/Voter ID Card/Passport/Any other valid Address Proof |
| DOB Proof | 10th class certificate/certificate of birth |
| Financial Docs |
|
| Salaried | |
|---|---|
| Minimum Age (in yrs.) | Minimum 18 years & Maximum 65 years |
| Minimum Income (in Rs.) | Regular Income |
| Minimum Work Experience (yrs.) | |
| Residence Status (yrs.) | Valid Residence proof |
| Id Proof | Aadhaar, Passport/ Driving License/ Voter ID/ PAN |
| Address Proof | Electricity bill/telephone bill/Driving License/Voter ID Card/Passport/Any other valid Address Proof |
| DOB Proof | 10th class certificate/certificate of birth |
| Financial Docs |
|
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