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Esteemed Customers,

Bank in its endeavor to make Current Account product one of the best in the industry, had adopted a relationship based pricing model to make the product profitable for the customer. In the relationship pricing model, customer is given fair opportunity and encouraged to avail maximum benefits in the form of discounts and waiver on service charges, if the customer is willing to maintain requisite Average Quarterly Balance (AQB). The up-Gradation and down-gradation of account (tierisation of account) shall take place every quarter based on the AQB of the preceding quarter.Bank is offering 8 variants of Current Accounts (Normal, Silver, Gold, Gold Plus, Diamond, Diamond Plus, Platinum and Platinum Plus) at different price levels with additional benefits/concession & value additions to the one who is at higher level of tierisation. We highlight the features/ value additions available to Tierised Current account holders:

  1. No Daily Minimum Balance Stipulation
  2. Lower Average Quarterly Balance requirement for Rural Brs (Rs.1000/-), Semi Urban Brs (Rs.2500/-), Urban Brs (Rs.2500/-) & Metro Brs (Rs.5000/-)
  3. New Current Accounts can be opened on DAY ONE ITSELF at higher tierised levels like Diamond or Platinum etc. as the case may be, as requested by the prospective customer.
  4. Free Cheque Leaves* – Originally once with opening of Account
  5. Free/ Reduced NEFT/RTGS Charges*
  6. Free/ Reduced Leger Folio Charges*
  7. Free Demand Drafts/ Pay Orders*
  8. Waiver on Processing Charges of Retail Loans*
  9. Free/ Reduced Charges on Cash Handling for Cash Deposit*
  10. Discount on Point of Sale (POS) offer*
  11. Improved Forex Rates*
  12. Waiver on AMC charges on Demat Account* (only for first year)


Note :- (*)The free or reduced charges/ discount on various service charges/ add on facilities, are applicable for tierised accounts and are proportionately higher for tierised accounts with higher Average Quarterly Balances. The details of product features and corresponding value added service & waiver/ reduction of service charges as applicable may be obtained from the Branch. The same is also available on our website


To make it more attractive for our valued customer, Bank w.e.f. 01st February 2016 removes the penal charges in higher category of tierised accounts. Now, penal charges shall be levied only if AQB goes below the minimum threshold limit i.e. Rs. 5000/- in Metro, Rs. 2500/- in Semi-Urban/Urban and Rs. 1000/- in rural Areas. Penal charge of Rs. 600/- per quarter if AQB goes below Rs. 5000/- in Metro, Rs. 500/- per quarter if AQB goes below Rs. 2500/- in Urban/Semi-Urban and Rs. 350/- per quarter if AQB goes below Rs. 1000/- in Rural Branches shall be levied in Tierised Current Accounts. These charges are Quarterly and are Exclusive of applicable service tax. The very first levy of penalty based on revised charges shall be applied in the 1st /2nd week of April, 2016 based on AQB maintained by the customer during the Jan-March 2016 quarter


If customer is not desirous of maintaining such system driven tierised accounts, then he/ she/they may opt to continue with “Normal Current Account” subject to relevant terms and conditions as notified by the Bank. Please note to submit option/ request as per the Annexure VII at the Branch where the account is maintained for reversal of tierisation of the account manually and tag the account as Normal Current account and applicable standard charges as prescribed/ notified by the Bank would be levied apart from other terms and conditions, details of which are available on the Bank’s website.


Bank has started sending communicating directly to All Tierised Current Account holders (Silver onwards) in the beginning of every quarter regarding their present category and benefits/incentives & other modalities extended by the Bank in the particular category i.e. Silver, Gold, Gold Plus, Diamond, Diamond Plus, Platinum and Platinum Plus via e-mail and SMS.


Structure of Charges for Non-maintenance of requisite AQB in other Current Accounts


Average Quarterly Balance requirement

Penal Charges on non-maintenance of requisite AQB

Star Benefit CD Plus Account

Rs. 5000.- per quarter

Rs.600/-+Applicable Service Tax per quarter

Star Crystal Current Account (Select branches)

Rs. 5000.- per quarter

Rs.600/-+Applicable Service Tax per quarter

Current Plus Deposit (Sweep in-sweep out accounts)

Rs. 2 Lakh per quarter

Rs.1000/-+Applicable Service Tax per quarter

Super current Plus Deposit (Sweep in-sweep out accounts)

Rs. 35 Lakh per quarter

Rs.5000/- + Applicable Service Tax per quarter

Announcement        Start | Stop

BOI Financial Results 30.06.2017

Press Release from IBA new

Integrity Pledge Count new

Public Notice for Unclaimed Dividend

List of Wilful Defaulters

With the implementation of Goods and Services Tax (GST), the existing service tax rate of 15% has been replaced by GST rate of 18% from July 1, 2017

All customers are requested to provide GSTIN to their branch alongwith supporting documents to claim input credit.

Annual Report 2017

We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new

MCLR w.e.f. 10.08.2017

Empanelment Of Sarfaesi Valuers

Details of unpaid / unclaimed Dividend

As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.

Base Rate revised to 9.55% w.e.f 31.03.2017

List of Recovery Agents/ Enforcement Agents/Detective Agency of Lucknow Zone

Change of Registrar and Share Transfer Agent

Notice to CD Customers

Notice to Customers

Notice to SB Customers

ATM transactions for savings Bank A/c Customers

Notice for our DEMAT Account Holders

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Notice to CD Customers