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Big Update! Bank of India made home loan and vehicle loan cheaper, there is a chance till December 31

Bank of India (BOI) said that this special rate will be applicable from October 18, 2021 to December 31, 2021. Along with this, the bank has waived the processing charge on home and vehicle loans till December 31, 2021.

Mumbai. In the festive season, another government bank has announced a discount on home loan and auto loan to its customers. Public sector Bank of India (BOI) has cut the interest rate on its home loan by 0.35 percent. Apart from this, the bank has reduced the interest rate on vehicle loans by 0.50 percent.




According to the statement issued by the bank, after this deduction, the home loan rate of BOI will start from 6.50 percent. Earlier it was 6.85 per cent. At the same time, the interest rate on the bank’s vehicle loan has come down from 7.35 to 6.85 percent.

On BOI Star Home Loan @ 6.5% and Star Vehicle Loan @ 6.85%,

Bank of India said in a tweet, “Now Khushiyan Hogi Double. Now celebrate the festival of happiness with Bank of India. Get BOI Star Home Loan @ 6.5% & Star Vehicle Loan @ 6.85% with Zero Processing Charges. Give missed call on 8010968305. For home loan, type HL and send SMS to the number 7669300024. For vehicle loan, type VL and send SMS to the number 7669300024.

The bank said that this special rate will be applicable from October 18, 2021 to December 31, 2021. The new interest rate will be applicable for customers applying for new loans and transfer of loans. Along with this, the bank has waived the processing charge on home and vehicle loans till December 31, 2021.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ praveshmaurya24@gmail.com
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