Car lena aaj kal luxury nahi — zarurat ban gaya hai.
Agar aap apni dream car lena chahte ho bina savings khatam kiye, toh BOI Vehicle Loan (Bank of India Car Loan) ek perfect option hai.
BOI aapko new ya used car dono ke liye affordable loan deta hai, low interest rate aur flexible repayment ke saath.
🚘 1. What is BOI Vehicle Loan?
BOI Vehicle Loan ek auto loan scheme hai jisse aap new car, used car, two-wheeler, ya electric vehicle kharid sakte ho.
Main Highlights:
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Loan for both salaried & self-employed individuals
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Finance up to 90% of on-road price
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Repayment tenure up to 7 years
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Competitive interest rates starting from 8.70% p.a.
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Zero hidden charges
💼 2. Types of BOI Vehicle Loans
| Loan Type | Purpose |
|---|---|
| BOI Star Vehicle Loan | For new cars (private use) |
| BOI Star Used Vehicle Loan | For second-hand cars |
| BOI Two-Wheeler Loan | For bikes & scooters |
| BOI EV Loan Scheme | For electric vehicles (eco-friendly option) |
💡 Tip: EV loan pe interest rate aur bhi kam milta hai!
📋 3. BOI Vehicle Loan Eligibility
| Criteria | Details |
|---|---|
| Age | 21 – 65 years |
| Employment Type | Salaried / Self-employed / Pensioner |
| Minimum Income | ₹2.5 lakh p.a. (approx.) |
| CIBIL Score | 700+ preferred |
| Co-applicant | Allowed (for better eligibility) |
🧾 4. Documents Required
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Aadhaar & PAN Card
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Salary Slip / ITR (last 2 years)
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Bank Statement (6 months)
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Vehicle quotation / Proforma invoice
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Address proof (Electricity bill, Passport, etc.)
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Passport-size photographs
💬 All documents verify hone ke baad, loan approval 48 hours me mil sakta hai!
💰 5. BOI Vehicle Loan Interest Rate & Charges
| Vehicle Type | Interest Rate (Approx.) | Tenure |
|---|---|---|
| New Car Loan | 8.70% – 9.50% p.a. | Up to 7 years |
| Used Car Loan | 10.00% – 11.50% p.a. | Up to 5 years |
| EV Loan | 8.50% – 9.00% p.a. | Up to 8 years |
🔹 Processing Fees: 0.25% of loan amount (minimum ₹1,000)
🔹 Prepayment Charges: NIL after 1 year
🌐 6. How to Apply for BOI Vehicle Loan Online
Step-by-step process:
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Visit www.bankofindia.co.in
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Click on “Loans → Vehicle Loan”
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Fill your personal & vehicle details
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Upload KYC & income proof
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Submit application and wait for approval
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Once approved, visit nearest branch for documentation
💡 Pro Tip: Use BOI’s EMI Calculator online to plan your budget.
💡 7. Benefits of Taking BOI Vehicle Loan
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Low interest rate and minimal paperwork
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Fast approval & easy EMI options
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Finance available for used cars too
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No hidden charges
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Higher loan amount for premium vehicles
🏁 Conclusion
Agar aap apni dream car ya bike lena chahte ho, toh BOI Vehicle Loan 2025 ek reliable aur affordable choice hai.
Simple documentation, quick approval aur trusted service ke saath, aap apna vehicle bina financial stress ke le sakte ho.
📲 CTA:
Apply for your BOI Vehicle Loan today and drive home your dream car with ease! 🚗✨
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