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Investment in India - Banking System


Banking System - Top Banks In India


Bank Of India


Bank of India, founded on 7th September in the year 1906 was nationalised along with 13 other banks in July 1969. Then its paid-up capital was Rs.50 lakh with only 50 employees and the only office in Mumbai.

Today Bank of India has been spread with 2594 branches including 93 specialised branches controlled by 48 Zonal Offices.

Bank of India came up with its maiden public issue in the year 1997 and the total number of shareholders stands to 3,17,890 as on 30/06/2004.

Bank of India was the first fully computerised branch among the nationalised banks with ATM facility at the Mahalaxmi Branch, Mumbai is the year 1989.

It is an association that has blossomed into a joint venture with BSE, called the BOI Shareholding Ltd. to extend depository services to the stock broking community.

Bank of India abroad

Bank of India was the first Bank in India to open branch office outside the country, at London, in 1946, and even it is the first to open a branch office in Europe, Paris in 1974.

The Bank has sizable presence abroad, with a network of 21 branches (including three representative office ) at key banking and financial centres viz.
  • London
  • New York
  • Paris
  • Tokyo
  • Hong-Kong
  • Singapore
The international business accounts for around 20.10% of Bank's total business.

Bank of India Core Banking


Internet Banking Viewing of all own accounts
  Quick view of transactions
Query on Transactions / pending instruments
Account statement download
Details of Lien on Operative or Term Deposit Accounts
Details of Loan Account
Nominee Details
Submit various like ATM/Debit Card request
Cheque Book Request
Issuance of Demand Draft Request
Funds Transfer between own accounts
Create and Send Mail to Relationship Manager
Stop Payment Instructions
Details of TODs
Phone/ TeleBanking Bank Product related information
Linking multiple account
Last 10 transactions played
Fax on Demand for last 15 transactions
Stop Payment Instructions
Cheque Status
ATM location details
Request for Cheque Book
Request for Statement of account
Forex Rates played and request to send the rates by Fax
SMS Banking Balance Enquiry
Cheque Book Request
Mini Statement of last 5 transactions
Utility Payment Register for select Utility Service Providers for periodic automatic On-line Payments

List of Overseas Branches of Bank of India

Name Address State E-Mail
CALCUTTA OVERSEAS SECURITY HOUSE, P.B.NO.47, 1ST FLOOR,23-B NETAJI SUBHASH ROAD Kolkata 700 001 WEST BENGAL boicalov@vsnl.net
CHENNAI OVERSEAS 3RD FLOOR, BANK OF INDIA BLDG., 2, ERABALU STREET, CHENNAI 600 001 TAMIL NADU boimosb@vsnl.net.in
HYDERABAD OVERSEAS A/2/Q3, 1ST FLOOR, "CYBER TOWERS", HITECH CITY,MADHAPUR HYDERABAD 500 033 ANDHRA PRADESH boihdosb@hd2.dot.net.in
JALANDHAR OVERSEAS 89-BHAGWAN MAHAVIR MARG, BMC CHOWK. JALANDHAR 144 001 PUNJAB boijalo@glide.net.in
Mumbai Overseas Branch Bank of India Building, Mezzanine Floor, 70-80, M.G. Road, Hutatma Chowk, Mumbai 400 023 MAHARASHTRA boimosb@bom8.vsnl.net.in
NEW DELHI OVERSEAS VIJAYA BUILDING, 17,BARAKHAMBA ROAD, NEW DELHI 110 001 DELHI boindo@nda.vsnl.net.in
VISAKHAPATNAM OVERSEAS KISHAN BHAVAN, 10-50-50,RAMNAGAR, WALTAIR MAIN ROAD VISAKHAPATNAM 530 002 ANDHRA PRADESH boivos@satyam.net.in

List of NRI Branches of Bank of India

Name Address State E-Mail
AHMEDABAD NRI SUPER MARKET BLDG., OPP. H. K. ARTS COLLEGE,ASHRAM ROAD, AHMEDABAD 380 009 GUJARAT bigjanriad1@sancharnet.in
ANAND NRI KALP VRUKH, DR. COOK ROAD,OPP. SHASTRI BAUG CORNER, ANAND, Vadodara 388 001 GUJARAT boiandnri@satyam.net.in
BHUJ NRI BRANCH N.K. TOWERS, OPP. DISTRICT PANCHAYAT OFFICE,S.T. ROAD, BHUJ 370 001 GUJARAT boibjnri@ad1.vsnl.net.in
ERNAKULAM N.R.I. COLLIS ESTATE, RAVIPURAM, M.G.ROAD, ERNAKULAM, KOCHI, Ernakulam 682 016 KERALA ernriboi@satyam.net.in
Mumbai NRI Branch 11th Floor,Regent Chambers,Nariman Point, Mumbai 400 021 MAHARASHTRA mumnri@bom5.vsnl.net.in
NEW DELHI NRI P.T.I.BUILDING, 4, SANSAD MARG NEW DELHI 110 001 DELHI shashknt@nda.vsnl.net.in







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