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Bank of India wins-IBA Banking Technology Award 2009 for Best Business Enablement Initiative
Wednesday, 10-Mar-2010
Online Services
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  :: 2FA / STARTOKEN Demo

 Technology Product & Services

INFORMATION TECHNOLOGY

Bank of India has been pioneer in launching key initiatives in areas of Products, Distribution, Technology, International Operations and Risk Management. Our Bank aims at strengthening customer relations, diversifying delivery channels, increasing international capabilities and services, and strengthening revenue streams from diversified sources. Our Bank has redefined banking services with hi-tech services. The theme of "Relationships beyond Banking" has helped in creating & cementing a niche in the minds of our clientele.

Branch Automation

Bank completes implementation of 100% Core Banking Solution in all its 3023 branches.

Listing of CBS branches

Automated Teller Machines (ATMs)

Bank is having its own 487 ATMs (both on-site & off-site). The Bank is member of Cashtree and BANCS network. The Bank is the Settlement and Nodal Bank for Cashtree ATM network having 13 member Banks and BANCS network having 14 member banks. The Bank has also entered into bilateral agreement with State bank of India and its associates. Our Bank has joined National Financial Switch (NFS) which enables our Customers to access more than 35,000 ATMs across the country.

ATM Locator

Solar Power Systems

Solar Power Systems implemented in 147 Rural / Semi urban branches where there is acute shortage of Power or high load-shedding periods. We plan to extend in another 100 branches / administrative offices during the year 2009.

Financial Inclusion

IT enabled FINANCIAL INCLUSION SOLUTION has been successfully implemented in different states of India, viz. Gadab (rural) branch of Raigad Thane Zone, Puttur in Hyderabad Zone, districts of Lucknow in U.P and Budhni in Sehore District, Bhopal in M.P.. Expansion of the solution in these centers is in full-swing.

Teller Cash Dispensers

Installation of Teller Cash Dispensers is in progress at identified branches. It will reduce wait-time, enhance the productivity of Tellers and also help in accurate dispensing of Cash.

Star Connect Internet Banking Services

Bank’ customers enjoy the convenience of “secured” Anytime, Anywhere, Anyhow hassle free Banking from the comfort of their Homes & Offices with a mouse click. Features like Statement of Account – View, Enquiring status of cheques, Request for a cheque Book, Transfer of funds including third party transfer within the networked branches etc.

Interbank Fund Transfer

Online Interbank Fund Transfer made easy and convenient. Now, you can transfer funds ONLINE across banks, through our StarConnect Internet Banking Services, using RTGS/ NEFT facility, WITHOUT ANY CHARGES.

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Announcement

Notice for Debit & ATM cardholders
 
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One Time Settlement Scheme for NPA of SME borrowers
 
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Financial results
for the quarter ended December 2009
 
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Star Auto Fin -
Concessional Offer
 
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In view of the instructions from Reserve Bank of India
changes are made for cash withdrawals through ATMs
 
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  Foreign Branches
 Bank's Network
 
 
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