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• Bank Of India

Bank Of India

Bank of India is one of the nationalised banks in India and has 5000 branches in 60 places. The bank is pioneer in launching traditional and modern integrated banking to India and first bank to have computerised banking and ATM, SWIFT, Personal, Corporate, Investment banking, Online Banking, Loans, Shares, Debentures, Credit Bills, Locker Creations, Account Creations and others. Bank of India has got branches in 20 nations and came out with its public issue in 1998. It is also known as BOI.

History of Bank of India

The Bank of India is one of the nationalised bank of India set up under the Ministry of finance on September 7,1906 with the headquarters in Mumbai in Maharashtra. We are having more than 5108 plus branches and 5551 ATM having a pan India presence. We are the core member of the (Society for Worldwide Inter Bank Financial Telecommunications) also known as SWIFT, offering cheap and best financial processing and enabling good communication services all over the nation. The Bank of India occupies a prominent place among various nationalised banks in the country. 

Furthermore, there are 50 plus zonal offices having pan India presence to control various branches and ATM. We came up with the IPO in 1997. Mr. Sasoon David was the leading promoter of the BOI and had good knowledge of trade and commercial activities. We have overseas branches in Japan, Nigeria, Hong Kong, Kenya, Singapore, Uganda and Tanzania.

Shri Atanu Kumar Das is the Managing Director and CEO of the Bank of India having more than 26 plus years of experience in Indian Banking Sector and did various presentation for various IIM's.

Subsidiaries of Bank of India

The Bank of India runs due to the efforts put in by the subsidiary units and the names of the subsidiary units are given below as follows:

• Bank of India at Kenya.
• Bank of India at London.
• Bank of India at Uganda.
• Bank of India at Tanzania.
• Bank of India at Singapore.
• Bank of India at New York.
• Bank of India at Tokyo Branch.
• Bank of India at New Zealand.
• Bank of India AXA Trustee Services Private Limited.

Banking Services offered by the Bank of India

The Bank of India is created to offer various services and they are given below as follows:

• BOI Mobile.
• Debit Card.
• Credit Card.
• PPF Account.
• NRI Deposits.
• Tax  Payments.
• Bill  Payments.
• Fixed Deposits
• Online Facilities.
• Locker Request.
• Mobile Banking.
• Savings Account.
• Current Account.
• Insurance Service.
• Statement Printout.
• Account modification.
• Exporters Gold Card.
• Gift Card Balance Enquiry.
• National Pension Systems.
• Refund during POS failure.
• Sukanya Samrudi Accounts.
• Email Information on Accounts.

Loans and credit facilities provided by the Bank of India

There are various credit and loan facilities offered by the Bank of India and it is given below as follows:

• Home Loan.
• Vehicle Loan.
• Business Loan.
• Education Loan.
• Increase in Credit Limit.
• Loan Against Securities.
• Loan Against Properties.
• Covid-19 Personal Loan.
• Covid-19 Pensioners Loan.
• Loan Against Fixed Deposits.
• Pre-Shipment and Pro Shipment Finance

Awards and Recognition

• 2nd Most Trusted Brand in Public Sector.
• Innovative Large Size Bank of the Year- ETBFSI Excellence Awards 2019.
• SKOCH Order of Merit 2019 in Gold Category for the Bank of India 2019.
• Best Public Sector Bank in 2019 as per India Banking Summit Awards 2019.

Bank Of India has 7784 IFSC connected branches in India. Bank has branches in following states:

ANDAMAN AND NICOBAR ISLAND
ANDHRA PRADESH
ARUNACHAL PRADESH
ASSAM
BIHAR
CHANDIGARH
CHHATTISGARH
Chhattisgarh
DADRA AND NAGAR HAVELI
DAMAN AND DIU
DELHI
GOA
GUJARAT
HARYANA
HIMACHAL PRADESH
JAMMU AND KASHMIR
JHARKHAND
KARNATAKA
KERALA
MADHYA PRADESH
MAHARASHTRA
MANIPUR
MEGHALAYA
MIZORAM
Madhya Pradesh
NAGALAND
ODISHA
PUDUCHERRY
PUNJAB
Pondicherry
RAJASTHAN
SIKKIM
TAMIL NADU
TELANGANA
TRIPURA
UTTAR PRADESH
UTTARAKHAND
UttaraKhand
WEST BENGAL