Verified BSA of Bank of India (Government Bank)  |  Home & Property Loans at 0.5%–2% 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 BSA 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.

● Apply Now

Get a Free Loan Consultation

Share a few details and our loan advisory team will get back to you within 24 hours with a personalized rate quote.

Verified BOI BSA

Talk to Our Loan Team

Prefer speaking directly? Reach us via call, email, or WhatsApp — we respond fast.

0.5%–2% Lower Interest Rate
24 hrs Response Time
MSME Eligibility — please confirm all apply:
Call Now Apply Now
GTI Loans Support
👋 Need help picking a loan? Chat with us — it's instant.