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STAR FLEXI--RECURRING DEPOSIT SCHEME

SALIENT FEATURES:

Availability of the Scheme	At all our Domestic CBS
Eligibility	Individuals & Joint Accounts (IncludingMinors).
Nomination Facility	Available
Minimum amount of Monthly Instalments	Rs.1000/- will be Minimum Core Monthly Instalment.
Maximum amount of Monthly Instalments	Rs.10,000/- will be the Maximum core Monthly Instalment.
Flexi Instalment	Any amount in multiples of Rs.1,000/-.(Only one core & one flexi instalment per month). Maximum flexi instalment can be 10 times the core instalment.
Period	Minimum 12 months. Maximum 10 years. (In multiples of 3 months only)
Interest Rate: Core Instalments (Fixed Rate) Flexible Instalments	As applicable for the period for which the A/c is opened. Applicable rate at the time of deposit of the Flexible instalment.*
Penalty	As per applicable rules for delay / non-receipt of core instalments.
Maturity Value	Will be calculated by the System, depending on the amount of flexi instalments; no fixed Maturity Value
Loan, OD and Advances	Permitted as per existingrules
Tax treatment	No TDS (R/D Accounts are exempted from TDS as per present rules.)
Other terms and conditions	As applicable to existing RD Scheme. No advance core instalments. Amount deposited above core instalments will be considered as Flexi instalments for that month. Standing Instructions will be accepted only for the core instalments.

* For e.g. A Customer opens a Flexi RD account on 01/11/2006 for 3 years with Core instalment of Rs.1000/-. Customer will get interest @ 7.25% for Coreportion of Rs.1,000/- for 3 yrs. If on 01/03/2007 he deposits Rs.3,000 in his Account, then for flexi portion of Rs.2,000/-, hewould get Interest for 2 yrs and 7 months at the rate prevalent on 1-3-2007 (which, as of today is 7%).Thus, there would be multi rates ofinterest in the A/c.

Announcement

Analyst Meet Presentation for 31.12.2011

Reviewed Financial Results for the period ended 31.12.2011

Notice of Board Meeting

Analyst Meet Presentation for 31.12.2011 Reviewed Financial Results for the period ended 31.12.2011 Notice of Book Closure for Bonds

Chairman & Managing Director's Message & Address

Bank of India has decided to abolish prepayment charges on home loans for both fixed and floating rate loans across all tenures for existing as well as new borrowers

Watch recorded webcast of Analyst Meet-30.09.2011

Watch recorded webcast of Press Meet-30.09.2011

Financial Results for the quarter / half year ended 30th September 2011

Analyst Meet Presentation-30.09.2011

Festiva l offer – Rate of interest reduced on Home Loans & Auto Loans.

Watch webcast of 106th foundation day

Bank has decided to increase the Bank’s Base Rate from 10.00% p.a. to 10.75%p.a. and BPLR from 14.25% p.a. to 15.00% p.a. with effect from 28.07.2011.

The Managing Committee of the Indian Banks’ Association has appointed Shri Alok K Misra , Chairman and Managing Director, BANK OF INDIA as Deputy Chairman of the Association

Pension Calculator is available on Knowledge Portal front page

Press release launching of Mobile Based Remittance, Urban Financial Inclusion and two factor Authentication

Notice for Debit and ATM cardholders

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