Bank of India Home Loan Interest Rates 2017

All around the world go then find out what is process of financial management. One thing is common that is banking. Banks offer all type loan. Everyone needs home loan than other loan. Home loan are providing in all countries of the world. Bank of India is one of them which offers Home Loan and Housing Finance Interest Rates.

Candidates need money to buy home but it does not necessary that everyone has enough money. In that situation, bank helps them. Bank gives money and charges minimum interest rate against loan. Property loan easy than other, because bank keeps assets to recover loan if client does not in condition to return loan. Bank can auction on property and recover money with interest rate.

Candidates can pay it with interest rate. Bank charges 10% interest rate normally, but it less a few point or it may be high few points.

A few month ago, Bank of India Cuts Base Rate to 10.20%, so borrower relaxes, Benchmark Prime Lending Rate to 14.45%. Bank calculates in 3 or 4 months so it may be down or high after calculation.

If you want to see history of Bank of India Base Rate and Benchmark Prime Lending Rate which was applying ago.

Bank of India Base Rate: 10.20% Benchmark Prime Lending Rate: 14.45% January 20, 2014
Bank of India Base Rate: 10.25% Benchmark Prime Lending Rate: 14.50% September 01, 2013
Bank of India Base Rate: 10.00% Benchmark Prime Lending Rate: 14.25% July 08, 2013
Bank of India Base Rate: 10.25% Benchmark Prime Lending Rate: 14.50% February 09, 2013
Bank of India Base Rate: 10.50% Benchmark Prime Lending Rate: 14.75% May 01, 2012
Bank of India Base Rate: 10.75% Benchmark Prime Lending Rate: 15.00% July 28, 2011
Bank of India Base Rate: 10.00% Benchmark Prime Lending Rate: 14.25% on May 05, 2011
Bank of India Base Rate: 9.50% Benchmark Prime Lending Rate: 13.75% on February 03, 2011
Bank of India Base Rate: 9.00% Benchmark Prime Lending Rate: 13.25% on December 15, 2010
Bank of India Base Rate: 8.50% Benchmark Prime Lending Rate: 12.75% on October 11, 2010
Bank of India Base Rate: 8.00% Benchmark Prime Lending Rate: 12.25% on July 01, 2010

How to Find Bank of India Home Loan Interest Rates 2017

First of all go to bank of India website then select bank loan interest rate option from menu and choose home loan, year, and documentation requirement for home loan find there.

After you check above history of Bank of India base rate, you must need to check Bank of India current housing loan interest rate 2017. Bank of India home loan interest rate 2017 can find online with latest update as everyone likes to know home loan interest rate of Bank of India before applying for it.

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