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Personal, home, vehicle & other loans

Star Personal Loan

An unsecured Bank of India personal loan with pricing linked to Personal Score and repayment up to 84 months.

Interest rateStarts from 11.85% p.a.; linked to the borrower’s CIBIL Personal Score and calculated on a daily reducing balance.Maximum financeMaximum loan amount ₹20 lakh; the page also states a maximum quantum of 30 times. No minimum loan amount is published.Maximum tenureUp to 84 months.
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Quick eligibility check

Star Personal Loan

0 of 6 answered

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: Salaried, self-employed and professional individuals, including permanent or confirmed employees?

Published source: Eligibility

2Does your age meet this requirement: maximum age 70 years at final repayment?

Published source: Eligibility

3Do you meet this requirement: Trusts are not eligible?

Published source: Eligibility

4Does your annual income meet this requirement: No fixed rupee minimum salary or annual-income amount is published?

Published source: Minimum income

5Does your annual income meet this requirement: The page requires income proof: salaried applicants provide recent salary slips and one-year or Form 16?

Published source: Minimum income

6Are you this type of customer: self-employed applicants provide three years of and financial statements?

Published source: Minimum income
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of India

India; subject to Bank of India eligibility and branch 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 typeClean, unsecured personal-loan facility; no pledge of security is required. More than one personal loan may be availed subject to Bank assessment.View source
The official features describe a clean-loan facility without pledging security and allow more than one personal loan subject to assessment.
Source
Star Personal Loan — Bank of India
Page / section
Features / Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum financeMaximum loan amount ₹20 lakh; the page also states a maximum quantum of 30 times. No minimum loan amount is published.View source
The official page publishes ₹20 lakh maximum loan amount, maximum quantum 30 times and no minimum amount.
Source
Star Personal Loan — Bank of India
Page / section
Features / Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateStarts from 11.85% p.a.; linked to the borrower’s CIBIL Personal Score and calculated on a daily reducing balance.View source
The rate section states starting from 11.85%, linkage and daily reducing-balance calculation.
Source
Star Personal Loan — Bank of India
Page / section
Rate of Interest & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum tenureUp to 84 months.View source
The feature list states maximum repayment tenure up to 84 months.
Source
Star Personal Loan — Bank of India
Page / section
Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing fee1.00% of loan amount, minimum ₹2,500 and maximum ₹15,000. Differently abled customers receive nil processing charges under the published concession.View source
The charges section publishes 1.00% with ₹2,500 minimum and ₹15,000 maximum; the features state nil charge for differently abled customers.
Source
Star Personal Loan — Bank of India
Page / section
Rate of Interest & Charges / Features
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
PrepaymentNo prepayment penalty is published for this product.View source
The official advantages list says there is no prepayment penalty.
Source
Star Personal Loan — Bank of India
Page / section
Advantages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilitySalaried, self-employed and professional individuals, including permanent or confirmed employees; maximum age 70 years at final repayment. Trusts are not eligible.View source
The eligibility section lists the permitted borrower groups, age at final repayment and exclusion of trusts.
Source
Star Personal Loan — Bank of India
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo fixed rupee minimum salary or annual-income amount is published. The page requires income proof: salaried applicants provide recent salary slips and one-year ITR or Form 16; self-employed applicants provide three years of ITR and financial statements.View source
The reviewed page lists income-proof documents but no fixed rupee income floor.
Source
Star Personal Loan — Bank of India
Page / section
Eligibility / Documents
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR figure or APR methodology is published; the page publishes the starting interest rate and processing fee.View source
The reviewed rate section gives and charges but does not publish an calculation.
Source
Star Personal Loan — Bank of India
Page / section
Rate of Interest & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Pricing basisThe published starting rate is linked to the borrower’s CIBIL Personal Score and calculated on a daily reducing balance. No separate named benchmark is published on the reviewed page.View source
The official rate section links to Personal Score and daily reducing balance, but does not name an , repo or other benchmark.
Source
Star Personal Loan — Bank of India
Page / section
Rate of Interest & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureAn unsecured Bank of India personal loan with pricing linked to CIBIL Personal Score and repayment up to 84 months.View source
The manually reviewed product summary states: “An unsecured Bank of India personal loan with pricing linked to Personal Score and repayment up to 84 months.”.
Source
Star Personal Loan — official product page
Page / section
Published loan terms in product summary
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • No collateral or pledge stated
  • No prepayment penalty published
  • 0.50% women concession stated on the page

Eligibility

  • Maximum age 70 years at final repayment.

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

Documents the bank lists

  • Salary slips and one-year /Form 16 for salaried applicants; three years and financial statements for self-employed applicants.

Related official documents

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

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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

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Borrowers · Published detailSalaried, self-employed and professionals; permanent/confirmed employees

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

Source: Star Personal Loan — Bank of India · Features / Eligibility / Rate of Interest & Charges / 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 · 9 rows · 2 columnsStar Personal Loan — published termsTerms reproduced from the official product page.View tableHide table

Scroll sideways to view every column

Star Personal Loan — published terms
ParameterPublished detail
BorrowersSalaried, self-employed and professionals; permanent/confirmed employees
Maximum age70 years at final repayment
Maximum amount₹20 lakh; maximum quantum 30 times
Rate11.85% p.a. onwards; linked to Personal Score; daily reducing balance
TenureUp to 84 months
Processing1.00%; minimum ₹2,500; maximum ₹15,000
SecurityClean/unsecured facility; no pledge
PrepaymentNo prepayment penalty published
Income thresholdNo fixed rupee minimum published; income proof required
Star Personal Loan — Bank of India · Features / Eligibility / Rate of Interest & Charges / Documents · accessed 30 Aug 2026Open official source ↗

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