Thursday, June 24, 2010

Bank of India

About Bank of India ( )

Bank of India ( ) is a commercial bank recognized on 7 Sept. 1906 in mumbai. Bank of India started with the capital of Rs. 50 lakhs and by the time passes Bank of India grows rapidly and had a chief position among the nationalized banks. Bank of India ( ) is the sixth largest bank with about 3101 branches in India and 29 branches in abroad .Bank of India is the first nationalized bank who established the computerized branch and ATM at Mahalaxmi branch,mumbai in 1989.Bank of India is also the founder member of Society for Worldwide Inter Bank Financial Telecommunications in India.The bank has many innovative services and methods and new way of installations.Mr Alok Kumar Misra is the present CMD of Bank of India. Bank of India wins the Dun and Bradstreet award for the most efficient public sector bank 2010.

Additional services ( )
1. Star cash Management Service
A cash management service is available for Corporate Customers.It facilitates cheque collections, quicker release of funds and profitable funds management at fair cost.This service is available at Mumbai,Kolkata,New Delhi,Chennai,Pune,Ahemdabad,Bangalore and Nagpur. For more details visit your nearest branch of Bank of India.

2. Safe Custody Service
Bank of India provides the facility of safe and well maintained lockers in many branches of Bank of India.Visit your nearest branch.

3. Depository Services ( )
Bank of India provides Demat services classified by STAR SECURE ACCOUNT through National Securities Depository Limited (NSDL) and Central Depository Services (India) Depositories.NRI's,stock brokers,corporates can register in STAR SECURE ACCOUNT .visit for more information.

4. Insurance ( )
Bank of India provides insurance to the customers who have their accounts with the bank and had taken these facilities and they get insuredfor;
1. Health Insurance
2. Personal Accident Insurance
3. Domestic Travel Insurance
4. Educational Loan Insurance
5. Home Loan Assurance Scheme

5. Pure Gold bars ( )
Bank of India offers gold coins of 24 carat gold.These gold coins are imported by Switzerland with high level of purity.For more information log on

6.Mutual Fund
Bank of India provides following mutual funds;
1. UTI Mutual Fund
2. HDFC Mutual Fund
3. Kotak Mutual Fund
4. ING Mutual Fund
5. Franklin Templeton Investments
6. IDFC Mutual Fund
7. DSP BlackRock Mutual Fund
8. Reliance Mutual Fund
9. Birla Sun Life Mutual Fund

Bank Of India Provides Many Other Services Like:-


Star Mitra Personal Loan
Under this category,bank gives supports to the physical retarded people so that their work freely and smoothly.The bank provides loan upto Rs.1 lakh for both working or non working individuals.

Star Personal Loan
This plan fulfills the personal needs of the customers.Loan is given for medical purpose,marriage expenses,educational expenses,purchasing of proffesional equipments.The maximum amount of loan is Rs.2 lakh to the working people.For more information u contact your nearest branch of Bank of India.

Star Pensioner Loan Scheme
This scheme provides regular monthly pensions to the pensioners i.e retired employees.The maximum loan amount for a regular pensioner is Rs.1 lakh.
Star IPO ( )
This plan is followed by the individuals who have PAN number and Demat account with the bank.This is for investing in the capital market and the maximum limit is Rs. 10 lakhs per borrower.For further details contact with the nearest branch.

Star Home Loan
The bank provides loan for purchasing the house or flat and also for renovate of existing house.This is for employees,proffesionals and also for many firms.The limit of loan for purchasing the house is Rs.300 lakhs and for renovating is Rs.20 lakhs.It covers the accidental death or permanent disabled of the borrower during the period by the free personal accident insurance.Contact your nearest branch and fulfill your dream of having beatiful house.

Star Educational Loan
This scheme provides financial help to the students who wanted to be educated at a high level.The student may study in India or abroad can get admission in various types of courses like Graduation and post graduation courses,various professional courses and courses reffered by IIT,IIM NIFT,etc..The student should be an Indian National and not have any educational loan from any other bank.The maximum limit of loan is Rs.10 lakh in India and Rs.20 lakhs outside the India.The student can apply online also and can contact the nearest branch of the bank.

Star Holiday Loan ( )
This loan is for employed people,proffesionals,self employed people as well as for pensioners.This loan fulfills the demand of people who wanted to go on tours and trips.The maximum limit is Rs.2 lakhs for employed ones and Rs.1 lakh for pensioners.
Star Mahila Gold loan Scheme
Loan is given for purchasing of gold ornaments(hallmarked) and gold coins by the Bank of India.Indian resident women can apply (working or non working) but fulfills the income criteria for becoming the borrower.Age limit is 16 to 60 years.


Internet Banking ( )
StarConnect Internet Banking Service provides all banking information at your home on internet. Customers can check all the details of their accounts on internet 24 hours all over the world.Customers can apply now and enjoy this facility.Customers can get more information on StarConnect Internet Banking Service on or call 91-22-40919191.

Mobile Banking and Payments
With the Star Connect Mobile Banking, customers can check thier accounts 24 hours from anywhere on their mobile phones.U can register now and for more information on StarConnect Mobile Banking Service, please write at or call on 91-22-40919191.

Pay bills
BOI STAR ePay provides each and every information about all the payments of the customers.Customers can pay bill and other payments online.Download and fill the form of BOI STAR ePay and get deposit at your nearest branch of Bank of India.Visit for more information.

Tax Payment ( )
For the paynent of taxes,customers should have the account on StarConnect Internet Banking Service of Bankof India.Customers can make payment of Direct and Indirect Taxes.More information is available on or call at 91-22-40919191.

Booking of Ticket
Bank of India provides the facility of booking of Indian Airlines tickets.For this customers visit the website of Indian Airlines and follows the procedure and make the payment through the bank of India facilitates also the online booking of railway tickets;
provides more information or call at 91-22-40919191.

Contact Information

C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Ph: . 022-66684444


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