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Tuesday, 22-May-2012

Star Channel Credit

Services of External Rating Agencies

Expand Services of External Rating Agencies

Star Laghu Udyog Suvidha

Energy Efficiency Projects

National Equity Fund

Credit Linked Subsidy

Akshay Urja Shops

Artisan Credit Cards

KVIC(REGP) Scheme

Laghu Udyami Trade Card

Priyadarshini Yojana

Solar Water Heaters Scheme

Star Dhanvantari Suvidha Scheme

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Star Laghu Udyog Suvidha

Star Laghu Udyog Suvidha Scheme - Features

Purpose:

To reward our loyal customers in meeting temporary liquidity constraints

Eligibility criteria

1. AAA and AA rated SSI borrowers having a sound track record with net profits at least during the last 3 years and annual turnover in excess of Rs.50 lakhs.

2. The unit should be enjoying limits in excess of Rs.10 lacs..

Amount

50% of Regular limits subject to a max of Rs.50 lacs

Facility

a). Short Term Loans up to and inclusive of 180 days.
b). Channel Credit (both Suppliers & Dealers) by way of Discount of Inland Bills of tenor
upto 180 days
c) Discount of Bills drawn under DA LCs of Prime Banks with usance not exceeding 180
days

Margin

Finance against Stocks 25% Discount of Bills NIL

Interest rate

Short Term Loan facility upto and incl. of 180 days:
2.00% below rate applicable for "AAA" and "AA" rated customers.

Discount of Bills Accepted by Dealers/Beneficiaries of Services:
A further concession of 0.50% below the above rates

Announcement

Watch recorded webcast for Press Meet 30.04.2012

Watch recorded webcast for Analyst’s Meet 30.04.2012

Analyst Presentation for 31.03.2012

Financial Result for year ended 31.03.2012

Any complaint regarding NEFT transactions during 20.02.2012 to 6.03.2012 may be escalated to email ID Special.NEFT@bankofindia.co.in or on telephone No. 022-22886680 for immediate resolution.

Chairman & Managing Director's Message & Address

Bank has decided to decrease the Bank’s Base Rate from 10.75% p.a. to 10.50%p.a. and BPLR from 15.00% p.a. to 14.75% p.a. with effect from 01.05.2012

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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