Bank of India

About Bank of India

A group of eminent businessmen from Mumbai started the Bank of India (also known as BoI) on 7th September, 1906. Initially the bank was owned privately till it was nationalized in July 1969. Bank of India began its operations with just Rs. 50 lakh and 50 employees. Over the years, the bank has made rapid progress and has become a one of the leading financial institutions in the country with presence both in and outside the country. The bank has over 3000 branches spread all over the country consisting of 136 specialized branches. Among the nationalized banks in the country, the business volume of the Bank of India occupies a premier position.

Bank of India Products and Services

Apart from the standard services offered by the bank to its clients, the bank offers some special services as well. The bank offers multi banking facility to customers of network branches of the bank. As a part of this facility, the customers of one branch will be bale to transact on his account from any of the network branch of the bank. Currently this facility is available at 200 cities across the country. The various services available under multi branch banking includes cash payment, cash deposit, inquiry about the fate of a cheque, stop payment on a cheque, transfer of funds, balance inquiry and bank statement.

Bank of India has been one of the pioneers in launching important schemes in the areas of distribution, technology, international operations and risk management. The bank aims at strengthening customer relations, expand delivery channels, strengthening the revenue streams and increasing international capabilities and services.

Bank of India Loans

Bank of India offers its clients different types of loans to meet varied requirements. There bank offers personal loans, commercial loans, trade finance loans, NRI loans, SME, agriculture and priority castor loans. All the loan schemes have easy repayment options making it a good option for those who require loans. Some of the loan schemes under personal loan include:

• Star IPO
• Star Autofin
• Star Home Loan
• Star Holiday Loan
• Star Personal Loan
• Star Mortgage Loan
• Star Educational Loan
• Star Mitra Personal Loan
• Star Pensioner Loan Scheme
• Star Mahila Gold loan Scheme
• Star Home Loan Scheme-Special Package

The bank has a whole range of online services on offer for clients. Some of the services are: online payment of bills, mobile banking, online ASBA IPO, internet banking, online booking of air and rail tickets, online payment of taxes like direct tax, service tax, excise tax, central tax and online trading of shares.

Bank of India International Branches

The international branches of the bank of India are located at:

• UK
• USA
• UAE
• France
• Belgium
• Japan
• Hongkong
• China
• Kenya
• Singapore
• Indonesia
• Vietnam
• West Indies
• South Africa
• Channel Islands

Address

Bank of India
Star House
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051
Phone: 022-66684444