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Star Loan Against Property

A Bank of India mortgage loan against residential or other acceptable property, with term-loan and reducible overdraft options up to 180 months.

Interest rateStarts from 8.85% p.a.; linked to CIBIL Personal Score for individuals and calculated on a daily reducing balance.Maximum financeReducible Mortgage OD facility is available up to ₹1,500 lakh (₹15 crore). The page also states EMI starting at ₹1,005 per lakh; the universal term-loan maximum is not separately stated.Maximum tenureUp to 180 months; holiday or moratorium up to 6 months is stated.
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Quick eligibility check

Star Loan Against Property

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Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Resident Indians, and ?

Published source: Eligibility

2Are you this type of customer: salaried, self-employed and professional individuals?

Published source: Eligibility

3Do you meet this requirement: Regular confirmed employees and people in business/profession for at least 3 years are listed?

Published source: Eligibility

4Does your age meet this requirement: Permanent-service borrowers must be within 60 years or retirement age?

Published source: Eligibility

5Does your age meet this requirement: self-employed/non-salaried age may be relaxed up to 70 years?

Published source: Eligibility

6Does your annual income meet this requirement: No fixed rupee income minimum is published?

Published source: Minimum income

7Does your annual income meet this requirement: The page requires income particulars and supporting salary, tax-return or financial-statement evidence?

Published source: Minimum income

8Are you this type of customer: Resident Indian, and routes are listed?

0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of India

India; resident Indian, and eligibility follows the official terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeLoan against property with instalment-repayment and reducible Mortgage OD facilities; takeover/balance transfer with additional loan is available.View source
The official page describes term-loan and reducible overdraft options and takeover facility.
Source
Star Loan Against Property — Bank of India
Page / section
Features / Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum financeReducible Mortgage OD facility is available up to ₹1,500 lakh (₹15 crore). The page also states EMI starting at ₹1,005 per lakh; the universal term-loan maximum is not separately stated.View source
The page publishes Mortgage up to ₹1,500 lakh and starting at ₹1,005 per lakh.
Source
Star Loan Against Property — Bank of India
Page / section
Features / Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateStarts from 8.85% p.a.; linked to CIBIL Personal Score for individuals and calculated on a daily reducing balance.View source
The rate section publishes 8.85% starting , linkage and daily reducing balance.
Source
Star Loan Against Property — Bank of India
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum tenureUp to 180 months; holiday or moratorium up to 6 months is stated.View source
The feature list states maximum repayment tenure 180 months and holiday/moratorium up to 6 months.
Source
Star Loan Against Property — Bank of India
Page / section
Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeInstalment loan: one-time 1.00% of sanctioned amount, minimum ₹5,000 and maximum ₹50,000. Mortgage OD: 0.50% of sanctioned limit, minimum ₹5,000 and maximum ₹30,000 in year one; 0.25% of reviewed limit, minimum ₹2,500 and maximum ₹15,000 in later years.View source
The official charges section publishes separate instalment and Mortgage tiers by year.
Source
Star Loan Against Property — Bank of India
Page / section
Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
PrepaymentNo prepayment penalty is published.View source
The official advantages list says no prepayment penalty.
Source
Star Loan Against Property — Bank of India
Page / section
Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilityResident Indians, NRIs and PIOs; salaried, self-employed and professional individuals. Regular confirmed employees and people in business/profession for at least 3 years are listed. Permanent-service borrowers must be within 60 years or retirement age; self-employed/non-salaried age may be relaxed up to 70 years.View source
The eligibility section publishes borrower classes, three-year business/profession condition and age rules.
Source
Star Loan Against Property — Bank of India
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo fixed rupee income minimum is published. The page requires income particulars and supporting salary, tax-return or financial-statement evidence.View source
The reviewed page asks for income proof but does not state a universal minimum salary or annual income.
Source
Star Loan Against Property — Bank of India
Page / section
Eligibility / Documents
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Pricing basisThe published starting rate is linked to CIBIL Personal Score for individuals and calculated on a daily reducing balance; no separate named benchmark is published.View source
No , repo or other named benchmark is shown on the reviewed page.
Source
Star Loan Against Property — Bank of India
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR figure or methodology is published.View source
The page gives and charges but no calculation.
Source
Star Loan Against Property — Bank of India
Page / section
Rate of Interest & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureA Bank of India mortgage loan against residential or other acceptable property, with term-loan and reducible overdraft options up to 180 months.View source
The manually reviewed product summary states: “A Bank of India mortgage loan against residential or other acceptable property, with term-loan and reducible overdraft options up to 180 months.”.
Source
Star Loan Against Property — official product page
Page / section
Published loan terms in product summary
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Mortgage up to ₹15 crore
  • Takeover/balance transfer facility
  • No prepayment penalty published

Eligibility

  • Resident Indian, and routes are listed; business/profession generally requires at least 3 years.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Identity/address proof, salary or tax-return/financial evidence, property/security documents and purpose undertaking.

Related official documents

Star Loan Against Property — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Facility · Published detailInstalment loan and reducible Mortgage

This value is copied from Star Loan Against Property — published terms. Check the table notes before relying on it.

Source: Star Loan Against Property — Bank of India · Features / Eligibility / Rate of Interest & Charges / Mortgage Fee / Documents Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 8 rows · 2 columnsStar Loan Against Property — published termsTerms reproduced from the official page.View tableHide table

Scroll sideways to view every column

Star Loan Against Property — published terms
ParameterPublished detail
FacilityInstalment loan and reducible Mortgage
Maximum financeMortgage up to ₹1,500 lakh; starts at ₹1,005 per lakh
Rate8.85% p.a. onwards; -linked for individuals; daily reducing balance
TenureUp to 180 months; holiday/moratorium up to 6 months
ProcessingInstalment 1% ₹5,000–₹50,000; 0.50%/0.25% by year
EligibilityResident Indian//; salaried, self-employed, professionals
PrepaymentNo prepayment penalty published
Mortgage fee₹5,000 to ₹20,000 plus by limit band
Star Loan Against Property — Bank of India · Features / Eligibility / Rate of Interest & Charges / Mortgage Fee / Documents · accessed 30 Aug 2026Open official source ↗

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