#1
7th January 2016, 03:45 PM
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BOI CAR Finance
Hey , please give here detailed information about the Bank of India (BOI) Car loan (Finance) ?
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#2
7th January 2016, 03:46 PM
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Re: BOI CAR Finance
Bank of India is an Indian state-owned commercial bank . It offers cost-effective financial processing and communication services. Bank of India Car Loan Bank of India (BOI) offers one of the best car loans in the market. Features of Bank of India Car Loan Minimal Documentation. Transparency. Competitive Interest Rates Quantum of Loan : Maximum limits for finance : Individuals (Resident in India) : For Indian make vehicles - Rs.25 lacs For imported vehicles - Rs.75 lacs. For Companies and corporate entities – Rs.100 lacs (Can be a fleet of vehicles) Non-resident Indians – Rs.25 lacs. Rate of Interest (on daily reducing balance) New Vehicles - Repayment upto 3 years @1.75% over Base Rate New Vehicles - Repayment over 3 years @2.25% over Base Rate Second Hand Vehicles @2.25% over Base Rate Loan Tenure : 1 year to 7 years |
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