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Sunday, 05-Feb-2012

Housing Loans to NRIs/ PIOs

NRI Deposit Scheme

NRI Yield Enhancing Scheme

NRI Services - FAQ

FAQ On Tax pertaining to NRI's

FAQ's On Edu. Cess & Secu. Trans. Tax

Foreign Currency Deposit Scheme

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NRI Deposit Scheme

Non Resident Indians (NRIs) have a choice of two schemes for depositing their savings with Bank of India.

These are: -

1. Foreign Currency Non Resident (FCNR) accounts

2. Non-Resident External (NRE) accounts, and,

The brief comparative features of the two schemes are :

PARTICULARS	FCNR	NRE
Who can open accounts	NRIs	NRIs
Joint accounts of two or more NRIs	Permitted	Permitted
Joint account with Residents	Permitted	Permitted
Nomination facility	Available	Available
Currency of account	USD, GBP, EUR, JPY,AUD,CAD	Indian Rupees
Repatriability	Principal and interest repatriable	Principal and interest repatriable
Type of account	Term deposits	"Savings, Current and Term deposits
Period	12 months to 5 years	12 months to 7 years
Minimum amount	USD 1,500 GBP 1,000 EUR 1,500 JPY 50,000 AUD 1,000 CAD 1,000	-
Requirements for opening an Account
1. COPY OF PASSPORT. 2. PHOTOGRAPHS OF ACCOUNT HOLDER/S. 3. SIGNATURES TO BE VERIFIED BY INDIAN EMBASSY/KNOWN BANKERS. 4. FULL PARTICULARS AS PROVIDED IN THE APPLICATION FORM NOMINATION. 5. REMITTANCE SHOULD BE IN FOREIGN CURRENCY. 6. (PLEASE NOTE TO GIVE OVERSEAS AND LOCAL ADDRESSES, CONTACT PHONE/FAX NUMBERS, E.MAIL ADDRESS ETC…

Download Application Form

Next

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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