Star Suvidha Express Personal Loan

Age

• Maximum age 75 years at the time of final repayment

CIBIL Score

• A CIBIL score of 730 or above is generally considered good for approving a personal loan.

Required Documents

• Proof of identity (any one): PAN/Passport/Driver Licence/Voter ID
• Proof of Address (any one): Passport/Driver Licence/Aadhar Card/ Latest Electricity Bill/Latest Telephone Bill/Latest Piped gas bill
• Proof of Income (any one): Latest 6 Month Salary/Pay Slip and One year ITR/Form16

Nature of Employment

• Individuals: Salaried customers having salary accounts with BOI
• Existing salaried Home loan customers of BOI

Loan Processing Charges

• One time @1.00% of loan amount, Min. Rs. 2500/- and Max.: Rs. 15000/-

Features

• EMI starts from Rs.1699/- per lakh
• Maximum quantum up 24 times the gross monthly salary for salaried
• Maximum quantum up 36 times the gross monthly for existing Home Loan Customers
• Maximum repayment tenure up to 84 months
• Quick disposal of the loan (Very less turn around time)
• Clean loan facility available without pledging of any security
• Can avail more than one personal loan
• Easy documentation
• Competitive processing charges in the market
• Low rate interest @ 10.85% p.a.,
• Maximum limit upto Rs. 20.00 lakhs
• No hidden charges
• No prepayment penalty