Back to Browse Schemes
Bank of Indiacar Loan

BOI Star Vehicle Loan

Check My Eligibility
Interest Rate8.65% p.a.
Loan Limit₹1 Lakh - ₹1 Crore
Max Tenure7 Years (84 mos)

Lending Guidelines

Minimum Age21 Years
Maximum Age70 Years
Minimum Credit Score690
Minimum Monthly Income25,000
Processing Fees0.5% + ₹1,500
Target Profiles
salariedself employedbusiness owner

Key Features

  • Finance up to 90% of on-road price
  • Daily reducing balance interest
  • Pre-owned car options available

Required Documents Checklist

  • PAN Card
  • Aadhaar Card
  • Income Proof
  • Vehicle Quotation / Invoice