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REMITTANCE OF FUNDS THROUGH RTGS NEFT IS CHEAPER FASTER and SAFER THAN DD
Friday, 21-Nov-2008
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 NRI Deposit Rate

FCNR 'B' Deposits : w.e.f. 16.11.2008

(PERCENTAGE PER ANNUM)

 

MATURITY

USD

GBP

EURO

JPY

CAN$

AUS$

A

1 YR TO LESS THAN 2 YRS

4.17

7.01

5.87

2.16

4.17

7.28

B

2 YRS TO LESS THAN 3 YRS

3.66

5.18

4.59

1.87

3.26

6.14

C

3 YRS TO LESS THAN 4 YRS

4.14

5.32

4.70

1.94

3.52

6.44

D

4 YRS TO LESS THAN 5 YRS

4.49

5.42

4.81

2.05

3.70

6.66

E

5 YRS (Maximum)

4.76

5.51

4.91

2.15

3.89

6.72

Above Interest Rates will also be applicable on RFC Term Deposits w.e.f. 16.11.2008

NRE Term Deposits

(PERCENTAGE PER ANNUM)

 

MATURITY

Rates
w.e.f. 01.11.2008
Revised Rates
w.e.f.
16.11.2008
A

1 YR TO LESS THAN 2 YRS

4.17

4.92

B

2 YRS TO LESS THAN 3 YRS

3.66

4.41

C

3 YRS AND ABOVE

4.14

4.89


Rate of interest on NRE S/B Deposits
3.50% p.a.(unchanged)

 
Announcement

The Bank has been ranked as 1st by size and growth, 1st by sustainability and risk, by Businessworld issue 24 November 2008
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REMITTANCE OF FUNDS THROUGH RTGS NEFT IS CHEAPER FASTER and SAFER THAN DD
..........................................

RETAIL LOANS ARE MADE CHEAPER GET BENEFIT AND PAY LESS ON HOME, EDUCATION AND CONSUMER LOANS
 
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BPLR reduced by 0.75percent from 6th Nov 2008 and Deposit rates are likely to be reduced from 1st Dec 2008 Customer can take advantage of existing Deposit Rates
..........................................

COMPUTER OFFICER SCALE II (POST CODE 22) INTERVIEWS ON 20.11.2008 RESCHEDULED
 
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Domestic deposit rates increased up to Rs.11% for Senior Citizens and 10.50% for others w.e.f 1.11.2008
..........................................

Bank Of India , Staff Training College, Bhopal, accredited by Indian Institute of Banking and Finance for conducting Programme for Debt Recovery Agents
 
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..........................................

The Bank has revised interest rates w.e.f. 01.11.2008 on Domestic Rupee Term Deposits
 
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HIGHLIGHTS- Net Profit shoots up by 79.53percent from Rs.425 crores to Rs.763 crores.Business Mix reaches Rs.2,93,560 crores rise of 30percent Net NPA drops to 0.48percent Rs. 608 Cr from 0.75percent Rs. 714 Cr
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Recruitment of Specialist Officer- HRHR/LAW/OLO/TECH Officer Post Code 42/52/82/92 Result Declared
 
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Outcome of Extra ordinary General Meeting
 
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..........................................

HIGHLIGHTS FOR THE QUARTER ENDED 30TH SEPTEMBER 2008
 
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Financial results for the Half Year ended 30th September 2008 declared
..........................................

The RTGS timing for customer payment is now extended to 4.30PM
 
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Bank of india staff training college, Noida conducting next training programme for Debt Recovery Agents from 17/11/08
 
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..........................................

BANK OF INDIA WINS THE BEST BANK(PSB) AWARD AT THE NDTV BUSINESS LEADERSHIP AWARD 2008.
 
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..........................................

Reporting information on parameters of recommendations of Sachar Committee pertaining to Department of Financial Services for the quarter ending June 2008
 
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..........................................
BANK OF INDIA OPERATING WITH EFFICIENCY
(Business Line 29.09.2008)
 
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..........................................

Our Bank has won a special Award for green IT at CIO 100 event for solar Power
..........................................

Customers also get the facility of SMS alert on all ATM Financial transactions after enrolling their Mobile Number with the Bank.
..........................................
Bank of India customers
can use ATMs of more than 40 banks in India as Bank has joined the National Financial Switch on 04/09/2008.
 
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You can pay
Direct/Indirect Taxes in minutes...
 
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Shri T S Narayanasami
Chairman and Managing Director Bank of India has also taken over as Chairman of Indian Banks Association
 
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Star Power
Salary Accounts
 
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New Product for
GLOBAL INVESTORS Introduced
 
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Free Life Personal Accident
Insurance cover and optional Life Insurance cover at low premium for the borrowers under Star Home Loans Scheme
 
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"Bank of India is the
first major public sector bank to receiveISO27001:2005 certification for its Data Centre and Disaster Recovery center"
 
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GOLD COINS IN
4, 5, 8, 10, 20 AND 50 GM SIZES, HALL MARKED WITH ASSURED PURITY ON SALE THROUGH OUR BRANCHES
 
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Value addition to our
customer- over the counter product “Domestic Travel Insurance covering public transport by road and rail
 
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We would like to advise
our esteemed users to change their Internet banking password on regular basis
 
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Banks roadmap of the
programme for implementation of programme for welfare of minorities
 
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Facility of e-Payment
of Direct Taxes now available
 
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Bank of India announces
Online Interbank Fund Transfer through Internet Banking
 
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