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 without pledging security; more than one personal loan may be availed.View source
The official feature list states clean loan, no security pledge and more than one loan.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Features / Advantages
- Accessed
- 30 Aug 2026
- Confidence
- high
Maximum financeMaximum limit up to ₹20 lakh; maximum quantum is 24 times. The page also provides a Know Your Eligibility calculator rather than a universal fixed minimum amount.View source
The page publishes ₹20 lakh maximum, 24x maximum quantum and a calculator for customer-specific eligibility.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Features / Advantages / Calculator
- Accessed
- 30 Aug 2026
- Confidence
- high
Interest rateStarts from 11.85% p.a.; interest is calculated on a daily reducing balance.View source
The official rate section states 11.85% starting and daily reducing balance.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Rate of Interest & Charges
- Accessed
- 30 Aug 2026
- Confidence
- high
Maximum tenureUp to 84 months.View source
The feature list states maximum repayment up to 84 months.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Features
- Accessed
- 30 Aug 2026
- Confidence
- high
Processing fee1.00% of loan amount, minimum ₹2,500 and maximum ₹15,000.View source
The charges section publishes 1.00% with ₹2,500 minimum and ₹15,000 maximum.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Charges
- Accessed
- 30 Aug 2026
- Confidence
- high
PrepaymentNo prepayment penalty is published.View source
The official advantages list says no prepayment penalty.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Advantages
- Accessed
- 30 Aug 2026
- Confidence
- high
EligibilitySalaried customers with Bank of India salary accounts and existing salaried Bank of India home-loan customers; maximum age 75 years at final repayment.View source
The eligibility section names the two salaried customer routes and 75-year maximum age.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Eligibility
- Accessed
- 30 Aug 2026
- Confidence
- high
Minimum incomeNo fixed rupee salary minimum is published. The page asks for the latest six-month salary/
The reviewed page gives proof requirements and a calculator, not a universal income floor.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Eligibility / Documents / Calculator
- Accessed
- 30 Aug 2026
- Confidence
- high
Pricing basisThe page publishes daily reducing-balance interest but no separate named benchmark.View source
No , repo or other named benchmark is shown on the reviewed page.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Rate of Interest
- Accessed
- 30 Aug 2026
- Confidence
- high
APRNo separate APR figure or methodology is published.View source
The page gives and charges but no calculation.
- Source
- Star Suvidha Express Personal Loan — Bank of India
- Page / section
- Rate of Interest & Charges
- Accessed
- 30 Aug 2026
- Confidence
- high
TenureA Bank of India quick-disposal personal loan for eligible salaried customers, with no collateral and repayment up to 84 months.View source
The manually reviewed product summary states: “A Bank of India quick-disposal personal loan for eligible salaried customers, with no collateral and repayment up to 84 months.”.
- Source
- Star Suvidha Express Personal Loan — official product page
- Page / section
- Published loan terms in product summary
- Accessed
- 30 Aug 2026
- Confidence
- high
Geographic limitsSalaried customers with Bank of India salary accounts and existing salaried Bank of India home-loan customers; maximum age 75 years at final repayment.View source
The manually reviewed product record states: “Salaried customers with Bank of India salary accounts and existing salaried Bank of India home-loan customers; maximum age 75 years at final repayment.”.
- Source
- Star Suvidha Express Personal Loan — official product page
- Page / section
- Published product metadata
- Accessed
- 30 Aug 2026
- Confidence
- high
Benefits and features
- Quick disposal
- Clean loan without collateral
- No prepayment penalty published
Eligibility
- Available to eligible salaried BOI salary-account customers and existing salaried BOI home-loan customers.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Identity/
address proof; latest six-month salary/ pay slip and one-year / Form 16.
Related official documents
Star Suvidha Express Personal Loan — official product pageofficial-product-page · current · accessed 30 Aug 2026
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