Corporate Site |
Hindi Marathi
[+] [-] | Skip to navigation | Skip to main content | screenreader Contrast Scheme : contrast
              1800 220 229 ,1800 103 1906,
              022 40919191
rect rect
yo You are here path  Retail path Retail-Deposit path Capital Gain Tax Saving Scheme  
Capital Gain Tax Saving Scheme
Capital Gain Accounts Scheme 1988 is applicable to eligible taxpayers who wish to claim exemption u/s 54 for capital gain .

1 Branches Authorized Non Rural Branches (i.e. All Semi Urban/Urban/Metro Branches
2 Types of Accounts Account ‘A’ (Savings Bank) Account ‘B’ (Term Deposit cumulative/ non-cumulative) (Savings Plus Scheme not permitted)
3 Account Opening Form( KYC compliance) Form – A (in duplicate) + Proof of Address + Copy of PAN Card + Photograph + unstamped HUF Letter in case of account is for HUF (non-trading)
4 Rate of Interest Account ‘A’ – Applicable to SB Accounts Account ‘B’ – As per Bank’s TDR Rates.
5 Withdrawal## Amount can be withdrawn from deposit “A” (Savings Bank Account) by furnishing an application in form ‘C’ alongwith Pass Book.( No cheque book will be issued.)
## Premature withdrawal from Deposit ‘B’ (TDR) is permitted by converting account from ‘B’ to ‘A’ . Form B will be used for conversion of Account ‘B’ to ‘A’.

6 Further withdrawal For subsequent withdrawal form ‘D’ (in duplicate) by giving the details showing the manner/ purpose for which the previous withdrawal has been utilized Banks are not obliged to allow further withdrawal if above referred particulars are not furnished. 
7 Mode of payment Any withdrawal over Rs.25,000/- should be affected by Bank, only by crossed DD. 
8 Utilization of Amount withdrawn Amount drawn from Account ‘A’ has to be utilized within 60 days from the date of such withdrawal for the purpose mentioned in the relevant sections. Unutilized amount should be re-deposited in Account ‘A’ immediately. Non-compliance of this rule will render the depositor to lose exemptions under relevant section.
May We Reach You ?
Announcement        Start | Stop

Notice to Upper Tier-2 Series 1 Bondholders

Change of Registrar and Share Transfer Agent

Press Meet & Analyst Meet

Press Release-March 2016

MCLR w.e.f. 07.07.2016

Advertisement for Empanelment
of Pvt. Detective/Investigation

Notice to CD Customers

Notice to Customers

Revised Base Rate 9.70% w.e.f 05.10.2015

Notice to SB Customers

2nd and 4th Saturday OFF

ATM transactions for savings Bank A/c Customers

Notice for our DEMAT Account Holders

Caution Notice to Customers

Notice for Depository customers

OTP for Internet transactions with credit card

Corporate Social Responsibility

The bank never asks any confidential information to customers such as: ATM card no., credit card no. ATM pin, user id of internet banking, login password, transaction password, account number, etc. If such information is asked over phone or mobile or through email, avoid disclosing such confidential information to the caller. In such cases Customers are requested to bring this to the notice of their parent branch/call centre

As per RBI directive PIN is required for debit card PoS transactions on domestic terminals from 1.10.13.

International Card transactions temporarily blocked

To extend the benefit of exercising another option to join the existing pension scheme in terms of Joint Note dated 27.04.2010 to Officers / Family Members of deceased Officers who had taken voluntary retirement from Bank's service on or after 29.09.1995 under Regulation 19(1) of Bank of India Officers' Service Regulations 1979

Public Notice for BOI Customer.

Cash Retraction feature has been disabled on all BOI ATMs in terms of RBI guidelines.

images © 2012 Bank of India. All rights reserved Site best viewed in resolution of 1024x768 ipv6 ready images
rect Ac Checker
Capital Gain Tax Saving Scheme