Verified DSA of Bank of India (Government Bank)  |  Home & Property Loans at 0.5%–0.7% Lower Interest
Couple holding keys to their new home financed through GTI Loans

Own Your New Property, Backed by a Government Bank

A new property loan from Bank of India, facilitated through GTI Loans, gives you the credibility and stability of a government bank combined with the lower rates that come with our verified DSA channel. Whether you're purchasing a ready-to-move apartment, an under-construction flat, an independent house, or a residential plot, we structure the loan around your repayment comfort.

Our team pre-checks your eligibility, shortlists the right loan amount and tenure, and coordinates directly with Bank of India so your file moves without unnecessary delays.

Who Can Apply

Salaried Individuals

Working professionals with a steady monthly income and valid salary proof.

Self-Employed Professionals & Business Owners

Doctors, CAs, consultants, and business owners with consistent income proof (ITR/financials).

NRIs

Non-resident Indians purchasing residential property in India, subject to RBI/BOI guidelines.

Home Loan Interest Rates (Bank of India)
From 7.10%*EMI from ₹673 / lakh
CIBIL 840 & above7.10%
CIBIL 825 – 8397.25%
CIBIL 800 – 8247.25%
CIBIL 760 – 799
Salaried
7.40%
Non-Salaried
7.50%
CIBIL 725 – 759
Salaried
7.90%
Non-Salaried
8.00%
CIBIL 700 – 724
Salaried
8.40%
Non-Salaried
8.45%
-1 (No Score)7.90%
Star Pravasi Loan (including women beneficiaries) — 7.65%
+ Extra 0.10% BSD Discount Available For:
  • Home Loan Takeover (balance transfer to BOI)
  • Central / State Govt. / PSU employees
  • Home loan covered under Credit Life

Additional BSD of 0.10% offered within BSD of 100 bps, subject to a minimum rate of 7.10%. If eligible under more than one category, a maximum additional BSD of 0.10% applies.

Processing Fee: 0.20% (CIBIL 725+ or -1, no adverse remarks)  |  0.35% (CIBIL below 725)  |  ₹60,000 flat (Star Diamond Home Loan)

*Rates as per Bank of India's published home loan rate card and are linked to RBLR; subject to change without notice and applicant eligibility.

Key Highlights

  • Fast processing & maximum funding
  • Top-up loan available
  • Composite loan available (purchase of land + construction of house)
  • No prepayment & foreclosure charges
  • No hidden charges

*Subject to Bank of India's eligibility norms, applicant age, and income.

● Be Prepared

Documents Required

Here's exactly what Bank of India asks for, based on your employment type. Our team will confirm the precise list for your specific case.

Core Documents

  • Duly filled application form with passport-sized photographs and signature(s) of the applicant(s)
  • Duly filled CBD-23 form with applicant's and co-applicant's personal and employment/business details, banking details, current assets and liabilities declaration, and legal heirs
  • OVD (Official Valid Documents) — PAN and Aadhaar/Passport/Driving License/Voter ID card
  • Current residence proof — latest electricity bill (owned home) or rent agreement (rented accommodation)
  • Salary slips (latest 6 months)
  • Latest Form-16 (3 years)
  • Income-tax return acknowledgements (3 years)
  • Salary bank account statement (latest 1 year)
  • Employee ID card and offer letter / employment-confirmation letter / increment letter
  • Index II / electricity bill of all properties owned by applicant and co-applicant(s)
  • Sanction letter / loan account statements of all current liabilities (loans) being serviced by applicant and co-applicant(s), showing sanctioned amount, EMI, and tenure

Additional Documents for NRI Applicants

  • Valid Passport / Visa
  • Residence address proof / tenancy certificate
  • Credit report from the country of residence, generated not earlier than one month before submission

Property Documents — Builder Purchase

  • Copy of registered agreement for sale
  • NOC from builder/society
  • Copy of margin money payment receipts

Property Documents — Resale Purchase

  • Copy of registered agreement for sale
  • Copy of all chain agreements
  • Property tax bill / maintenance receipts of the property
  • Sanction letter and LOD, if the property is mortgaged with any bank or financial institution other than Bank of India

Additional Documents — Loan Takeover / Balance Transfer

  • Sanction letter of the loan account reflecting sanction date, sanctioned amount, tenure, and EMI amount
  • LOD (List of Documents)
  • Loan account statement (for the whole tenure of the loan account)
  • Foreclosure letter (not older than one month from date of submission)

Core Documents

  • Duly filled application form with passport-sized photographs and signature(s) of the applicant(s)
  • Duly filled CBD-23 form with applicant's personal and employment/business details, banking details, current assets and liabilities declaration, and legal heirs
  • OVD (Official Valid Documents) — PAN and Aadhaar/Passport/Driving License/Voter ID card
  • Current residence proof — latest electricity bill (owned home) or valid rent agreement (rented accommodation)
  • Business proof document — Proprietorship: Udyam Aadhaar, GST registration certificate, FSSAI license, etc. Partnership: PAN, Partnership Deed. Private Limited (director): PAN, MoA, AoA
  • CA-certified income-tax return including acknowledgement, computation, balance sheet, P&L account, capital account (latest 3 years)
  • Business account statement reflecting justifiable account transactions as per filed ITR (latest 1 year)
  • Index II / electricity bill of all properties owned by applicant and co-applicant(s)
  • Sanction letter / loan account statements of all current liabilities (loans) being serviced by applicant and co-applicant(s), showing sanctioned amount, EMI, and tenure — except gold loan(s), commercial loan(s), and credit card liabilities

Property Documents — Builder Purchase

  • Copy of registered agreement for sale
  • NOC from builder/society as per format prescribed by the bank
  • Copy of margin money payment receipts

Property Documents — Resale Purchase

  • Copy of registered agreement for sale
  • Copy of all chain agreements
  • Property tax bill / maintenance receipts of the property
  • NOC from builder/society as per format prescribed by the bank
  • Sanction letter and LOD, if the property is mortgaged with any bank or financial institution other than Bank of India

Additional Documents — Loan Takeover / Balance Transfer

  • Sanction letter of the loan account reflecting sanction date, sanctioned amount, tenure, and EMI amount
  • LOD (List of Documents)
  • Loan account statement (for the whole tenure of the loan account)
  • Foreclosure letter (not older than one month from date of submission)

Final sanction of loan requests is subject to submission of the above-listed documents, as per Bank of India's applicable policy. Exact requirements may vary by applicant profile — our team will confirm your specific checklist.

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