Saturday, June 28, 2008

Bank of India

Established in 1906 and nationalized in 1969, Bank of India is one of the oldest bank in India. The bank started with Rs 50 lakh capital and only 50 employees in Mumbai. Today, the Bank of India have more than 2594 branches including 93 specialized branches controlled by 48 zonal offices.

Among all the nationalized banks, Bank of India was the first bank to have fully computerized branch in 1989. This Mahalaxmi branch in Mumbai also had ATM facility during that period. BOI is also the first bank to open branch outside India, London: 1946. Even the first to open branch in Europe, Paris: 1974.

The bank came up maiden public issue in 1997. In association with BSE, it also has existence as BOI Shareholding Ltd. to extend depository services to stock broking community.

Bank of India Foreign Branches
• London
• New York
• Paris
• Tokyo
• Hong-Kong
• Singapore

Bank of India Core Banking
• Internet Banking
• Phone Banking
• SMS Banking
• Utility Payment

Bank of India Overseas Branches
• Kolkata
• Chennai
• Hyderabad
• Jalandhar
• Mumbai
• New Delhi
• Visakhapatnam

Bank of India NRI Branches
• Ahmedabad - Gujarat
• Anand – Gujarat
• Bhuj – Gujarat
• Ernakulam – Kerala
• Mumbai – Maharashtra
• New Delhi – Delhi

Bank of India Official Website : http://www.bankofindia.com/



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