For high-net-worth individuals (HNIs) eyeing premium properties in India’s bustling metros, the Bank of India Star Diamond Home Loan offers a tailored financial solution. Designed for aspirational buyers seeking luxury residences like penthouses, villas, or sea-view apartments, this loan combines flexibility, competitive rates, and exclusive perks. Let’s explore its features, eligibility, and application process to help you make an informed decision.

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Bank of India Star Diamond Home Loan Highlights
Bank of India Star Diamond home loan offers flexible terms, competitive interest rates, and high loan amounts, making it an ideal choice for aspiring homeowners.
Aspects | Highlights |
---|---|
Loan Amount | Above ₹7.5 Crore |
Interest Rates | 8.25% p.a. onwards |
Tenure | 30 years |
Moratorium Period | 36 Months |
ROI is calculated on daily reducing balance
Bank Of India Star Diamond Home Loan Interest Rates 2025
CIBIL-Personal Score | Salaried | Non-salaried |
---|---|---|
≥ 825 | RBLR + CRP 0.00% – BSD 0.95%, presently 8.15% | RBLR + CRP 0.00% – BSD 0.95%, presently 8.15% |
800 to 824 | RBLR + CRP 0.00% – BSD 0.75%, presently 8.35% | RBLR + CRP 0.00% – BSD 0.75%, presently 8.35% |
760 to 799 | RBLR + CRP 0.00% – BSD 0.50%, presently 8.60% | RBLR + CRP 0.00% – BSD 0.50%, presently 8.60% |
725 to 759 | RBLR + CRP 0.10% – BSD 0.50%, presently 8.70% | RBLR + CRP 0.10% – BSD 0.50%, presently 8.70% |
675 to 724 | No BSD, RBLR + CRP 0.20%, presently 9.30% | No BSD, RBLR + CRP 0.20%, presently 9.30% |
Source: BOI Official Website
Bank Of India Star Diamond Home Loan Eligibility Criteria
Criteria | Details |
---|---|
Eligibility | Resident Indian / NRI / PIO |
Type of Applicants | HNI Individuals: Salaried / Self-employed / Professionals Non-individuals: Group / Association of Individuals, HUF, Corporates |
Income Requirement | Minimum average gross income of ₹1 Cr & above during last 3 years |
Ineligible Entities | Trusts are not eligible |
Age Criteria | Minimum: 18 years Maximum: 70 years at the time of final repayment |
Also Read: Bank Of India Home Loan Eligibility Criteria
Bank Of India Star Diamond Home Loan Processing Fees and Charges
Category | Processing Fee |
---|---|
Individuals | One-time @ 0.25% of Loan Amount Min: ₹1,500 Max: ₹20,000 |
Other than Individuals | One-time @ 0.50% of Loan Amount Min: ₹3,000 Max: ₹40,000 |
Check Out: Bank of India Home Loan EMI Calculator
BOI Star Diamond Home Loan USPs
- Smart Home Loan with Overdraft Facility: Covers the entire limit/outstanding balance at the Home Loan rate.
- Takeover/Balance Transfer Option: Includes the possibility of an additional loan amount.
- Instant Top-Up Loan: Quick and accessible extra funds when needed.
- Property Enhancement Loan: For addition, extension, or renovation of your existing property.
- Insurance Premium as Part of Project Cost: Treated as a Home Loan component.
- Flexible EMI Options: Enjoy step-up or step-down EMI facilities.
Suggested Read: Bank of India Home Loan Interest Rates
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Bank Of India Star Diamond Home Loan Documents Required
Category | Document Type | Accepted Documents |
---|---|---|
Individuals | Proof of Identity (any one) | PAN / Passport / Driver Licence / Voter ID |
Proof of Address (any one) | Passport / Driver Licence / Aadhar Card / Latest Electricity Bill / Latest Telephone Bill / Latest Piped Gas Bill | |
Proof of Income (any one) | Salaried: Latest 6 months Salary/Pay Slip and 1 year ITR/Form 16 Self-employed: Last 3 years ITR with Computation of Income / P&L / Balance Sheet / Capital Account Statement | |
Other than Individuals | KYC Documents | KYC of Partners/Directors |
Company Details | PAN Card copy of Company/Firm Registered Partnership Deed / MOA / AOA Certificate of Incorporation (as applicable) | |
Financial Documents | Account statement for last 12 months Firm’s Audited Financials for last 3 years |
Bank Of India Home Loan: Other Products
Products | Interest Rates |
---|---|
Star Home Loan | 8.10% p.a. onwards |
Star Diamond Home Loan | 8.25 p.a. onwards |
Star Smart Home Loan | 8.25 p.a. onwards |
Star Pravasi Home Loan | 8.25 p.a. onwards |
Star Top Up Loan | 8.25 p.a. onwards |
Star Home Loan-Furnishing | 8.25 p.a. onwards |
Compare Top Bank Home Loan Interest Rates
Bank | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
---|---|---|---|
SBI Bank | 8.00% p.a. onwards | 8.00% p.a. onwards | 8.00% p.a. onwards |
HDFC Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
LIC Bank | 8.50% – 10.35% p.a. | 8.50% – 10.55% p.a. | 8.50% – 10.75% p.a. |
ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Punjab National Bank | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. | 8.50% – 11.05% p.a. |
Bank Of Baroda | 8.40% onwards | 8.40% – 10.65% p.a. | 8.40% – 10.90% p.a. |
Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards |
Axis Bank | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. | 8.75%-10.30% p.a. |
Bank of India | 8.40% p.a onwards | 8.40% p.a onwards | 8.40% p.a onwards |
TATA Capital | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards |
Suggested Read: Bank of India Home Loan Customer Care
Conclusion
The Bank of India Star Diamond Home Loan is tailored for high-net-worth individuals and entities seeking premium home financing solutions. With flexible eligibility criteria, competitive processing fees, and a comprehensive documentation process, it offers a convenient and reliable pathway to owning your dream property. Whether you’re a salaried professional, self-employed, or a corporate entity, this loan scheme is designed to support your aspirations with trust and transparency.
Frequently Asked Questions
Yes, a CIBIL score of 750 is considered good for the Star Diamond Home Loan. Applicants with scores between 725 and 759 can expect an interest rate of 8.80% per annum.