Can I get personal loan from Bank of India?
Bank of India offers personal loans @ 10.25% p.a. onwards for loan amounts of up to Rs 20 lakh. It also offers personal loan to pensioners @ 9.75% p.a. and customized personal loan to doctors @ 10.25% p.a. Read on to know more about the Bank of India personal loans.
How much loan can I get BOI?
Bank of India Star Personal Loan Eligibility Criteria
| Criteria | Salaried | Pensioners |
|---|---|---|
| Loan Amount | Minimum of Rs.10,000 (For urban and metro centers); Maximum of Rs.10 lakh | Minimum of Rs.10,000 (For urban and metro centers); Maximum of Rs.10 lakh |
| Loan Tenure | 12 months – 60 months | 12 months – 60 months |
What is the personal loan eligibility?
Individuals between 21 to 60 years fulfil the personal loan eligibility criteria for age. This includes individuals who are self-employed, entrepreneurs and salaried. People who are applying for a personal loan should have a CIBIL score of 750 or above.
What is the rate of interest on personal loan in BOI?
Bank of India personal loan interest rate starts at as low as 10.75% p.a. The loans come with repayment tenure of up to 60 months and can be availed easily with minimal documentation. However, specific interest rate depends upon the individual applicant’s profile.
Can I get home loan with 13000 salary?
The minimum salary required to avail home loan from Karnataka Bank is ₹ 10,000. for salaried borrowers.
Can I get personal loan with 15000 salary?
Personal loan has been commonly accepted by borrowers belonging to different salary slabs. Those earning a salary of Rs 15,000 belong to the starting range of a personal loan eligibility criteria. It means a minimum of 15,000 salary is mandatory to avail a personal loan.
Can I get personal loan with 13000 salary?
Your minimum and maximum age limit must be 21 and 58 years respectively to apply for personal loan. Your minimum net monthly salary must be Rs. 13,000 per month and above.
Can I get personal loan if my salary is 11000?
You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.