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  #2  
September 1st, 2016, 10:19 AM
Super Moderator
 
Join Date: Mar 2012
Re: Bank of India Loan

Bank of India offers Star Personal Loan to meet various Personal requirements of customers.

Star Personal Loan Scheme:
Eligibility
Salaried employees,
Professionals and individuals with high net worth,
Regular pensioners or family pensioners

Purpose of loan :
For Marriage expenses

For Medical Expenses

For repairs/ renovation/ extension of existing house/flat.

For education

Any other personal expenses of bonafide nature as approved by the Bank

Max. Loan :

Rs.5.00 lacs

Min. Size of loan
Minimum size of loan: - At Metro and Urban Centres:
Rs.10, 000/-

At Rural and Semi Urban centres:
No minimum size of loan.

Quantum of Advance
10 times of monthly net Emoluments(in case of salaried Employees)

50 % of Gross Annual Income as per last Income Tax Returns for professionals/individuals of high net worth


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