Bank of India Home Loan
Interest rates from 7.1% p.a. (up to 10.25%) · EMI from ₹33,602/month on a ₹50L loan over 30 years. Rates as of June 2026.
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About Bank of India home loans
Offers one of the lowest PSU starting rates on repo-linked floating home loans.
BoI home loan EMI table (7.1% p.a.)
Monthly EMI at BoI's minimum rate. Tap any amount for the full breakdown.
How much interest will a BoI loan cost?
A ₹50 lakh BoI home loan at 7.1% over 20 years means about ₹43.76 L in total interest — on top of the ₹50 lakh you borrowed. Prepaying even ₹10,000/month can cut years off the loan and save several lakh in interest.
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Frequently Asked Questions
What is the Bank of India home loan interest rate in 2026?
Bank of India offers home loans starting at 7.1% p.a., going up to 10.25% p.a. depending on your CIBIL score, loan amount, and income profile. Rates are as of June 2026; confirm the current rate with the lender before applying.
What is the EMI for a ₹50 lakh BoI home loan?
At 7.1% p.a., a ₹50 lakh BoI home loan has an EMI of about ₹39,066 for 20 years — roughly ₹33,602 for 30 years and ₹45,221 for 15 years. Use the NestSaver calculator for your exact amount.
What is the processing fee and maximum tenure for a BoI home loan?
Bank of India's processing fee is Varies, with a maximum tenure of 30 years and funding of up to 90% of the property value (loan-to-value).
Is prepayment allowed on a BoI home loan?
Yes. RBI rules prohibit prepayment penalties on floating-rate home loans, so you can prepay a BoI home loan partially or fully at any time. The NestSaver prepayment simulator shows exactly how much interest and time you save.
Disclaimer: Interest rates shown are indicative, sourced as of June 2026, and the lowest published floating rate is typically reserved for borrowers with high credit scores. Actual rates depend on your profile, loan amount, and the property, and change frequently. Always confirm the current rate directly with Bank of India before applying. NestSaver is an information and planning service, not a lender.