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Remittance from USA to India (Star e-Remit) Festive Offer: remit FREE from September 07, 2010 to November 05, 2010
Bank has been ranked 8th in TOP 50 SERVICE BRANDS in The Most Trusted Brands Survey 2010 and 2nd among all Public Sector Banks
Friday, 03-Sep-2010

BOI-LAGHU UDYAMI TRADE CARD(LUTC)

Eligibility
All enterprenurs who are otherwise eligible for sanction of working capital/Term loan for eligible activities defined under Artisans ,Village industries Small Scale Industrial units & Tiny units ,Small business, Professionals & Self employed persons, Retail traders having 3 years satisfactorily conducted account and New accounts where adequate collateral security is available.


Purpose
To meet credit requirement of above sectors including Working Capital / Term Loan.

QUANTUM OF ADVANCE

Retail Trade
Max.Rs.10 lakh(including TL/WC)
Professional & Self Employed
Rs. 10 lakh( max. WC 2 lacs Medical Practitioners (Semi urban/rural area)max-15 lakh(WC-Rs 3 Lakh)
Small Business

Maximum Rs.20 lakh(includingWC/TL)

Artisans, village industries, SME(manufacturing units) & Tiny Units
Maximum limit upto Rs.10 lakh(including TL/WC )
 


INCENTIVES:
1 Automatic overlimit of 25%of working capital for 90 days subject to availablility
2 Concession in rate of intrest of 0.50%for limit over Rs. 2 lakhs
3 20% increase in the limit on annual review may be permitted to customers having satisfactory conduct of account.
4 Maximum limit upto 20% of sales turnover as per Balance sheet or on the basis of credit in WC account can be allowed.


Validity

LUTC will be valid up to 1 year & renewable after 1 year

Announcement
Bank has been ranked 8th in
TOP 50 SERVICE BRANDS in The Most Trusted Brands Survey 2010 and 2nd among all Public Sector Banks
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Notice -
Another option of Pension for Bank of India exstaff
 
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Press release for Revision
in interest rate on Domestic Rupee Term Deposits w.e.f. 12.08.2010
 
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Presentation to
Analysts June 2010
 
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Watch Webcast of
Analyst Meet Presentation
 
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Financial Results
for the quarter ended June 2010
 
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Presentation of results
for the quarter ended June 2010
 
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Press Release
on Results for the quarter ended June 2010
 
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Bank''s Base Rate is fixed at 8% with effect from 01.07.2010.

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Press release launching of
Mobile Based Remittance, Urban Financial Inclusion and two factor Authentication
 
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Presentation of Results
for the year ended March 2010
 
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Notice for Debit and ATM cardholders
 
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One Time Settlement Scheme for NPA of SME borrowers
 
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