Bank of India with its Insurance partner Star Union Dai-ichi provides diversified kinds of Insurance at specially reduced rates to its customers.
Commission for Insurance
As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by Bank from Insurance whose products are being distributed:
First Year Commission
Renewal commission from 2nd year onward (If applicable)
Saving & Investment Premium
Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term
*For Group Products commission payable is 2% of the premium with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority (IRDA) from time to time.
MCLR w.e.f. 07.02.2017
Empanelment Of Sarfaesi Valuers
Details of unpaid / unclaimed Dividend
RBI Notice on Withdrawal of Legal Tender Character of existing Rs.500 and Rs.1000 banks Notes
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 9.65% w.e.f 30.09.2016
List of Recovery Agents/ Enforcement Agents/Detective Agency of Lucknow Zone
List of Wilful Defaulters
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