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Established in 1906, Bank of India is a leading public sector commercial bank in India. It is the sixth biggest bank in India. The bank is mostly known for its deposit accounts and loan products. The innovative products and services of the bank have helped it become a leader in the Indian banking industry.

About Bank of India

Bank of India was established in 1906. Headquartered in Mumbai, it is a major competitor of Indian commercial banks like Canara Bank and ICICI Bank. Bank of India is one of the founder members of the Society for Worldwide Inter Bank Financial Telecommunications (SWIFT) which offers cost-efficient transaction processing and information services.

Bank of India completed 100 years of services in 2006. The Chairman & Managing Director of Bank of India is Shri Alok Kumar Misra.

Bank of India has a glorious history. It started its operations with only 50 employees and a paid up capital of Rs. 50 lakhs. With the passage of time, the bank has developed into one of the most reputed financial service providers in India. The powerful presence of the bank is felt all over India and it also has a considerable degree of international operations. In terms of volume of business, the bank has achieved the position of a premier banking institution in India. The bank launched its IPO in 1997.

Bank of India is the oldest nationalized bank to set up a fully computerized branch and ATM facility in Mumbai in 1989. It is also the first bank in India to open an overseas branch (in London) in 1946.

Network of Bank of India

BOI has a countrywide network comprising 3,101 branches spanning all states and union territories in India. 141 of these branches are specialized branches and they are regulated by 48 Zonal Offices. The bank has 29 overseas locations that include 3 representative offices.

Bank of India products and services

Given below is a comprehensive list of products and services offered by Bank of India:


  1. Credit Card
  2. Debit Card


  1. Star Sunidhi
  2. Star Flexi
  3. Star Power Salary Account
  4. Term Deposits
  5. Current Deposits Plus Scheme
  1. BOI Savings Plus Scheme
  2. Star Gold/Diamond Current Account
  3. Star Diamond Savings Account
  4. Basic Savings Account

Loan & Advance

  1. Star Pensioner Loan Scheme
  2. Star Mitra Personal Loan
  3. Star Holiday Loan Scheme
  4. Star Home Loans
  5. Star Autofin
  6. Star Mortgage Loan Scheme
  1. Star IPO
  2. Star Personal Loans
  3. Star Mahila Gold Loan Scheme
  4. Star Education Loan
  5. Clean Loan/OD for financing Health Insurance Premium

NRI Services

  1. NRI Deposit Scheme
  2. Housing Loans to NRIs/ PIOs
  3. NRI Yield Enhancing Scheme
  4. Foreign Currency Deposit Scheme

Online services offered by Bank of India

The bank also offers various online services to its customers to facilitate its banking operations which include the following:

  1. Internet Banking
  2. Mobile Banking & Payments
  3. Book Air Ticket know more
  4. Pay Bills
  5. Online ASBA IPO
  6. Rail Ticket Booking
  1. ServiceTax, Central Excise
  2. Direct Tax
  3. Star e-Remit
  4. Online Trading in Shares
  6. Internet Banking Demo

Bank of India Contact Details

Bank of India

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

Email: HeadOffice.GOD@bankofindia.co.in
For all enquiries: (022) 40919191 (all days)

Bank of India


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