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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
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Double Benefit Deposit
Fixed Deposit
Short Deposit
Quarterly Deposit
Monthly Deposit
Recurring Deposit
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  Quarterly/ MonthlyTerm Deposit

Moneys invested in this type of deposit (Quarterly/Monthly Income Certificate) provide fixed monthly income by way of interest to the depositor for a specified period leaving the deposit amount intact. The Quarterly/ monthly interest will be credited to the savings or current account and monthly interest may be credited in recurring deposit account of the depositor according to the instructions.
KYC ( Know Your Customer) for opening account is applicable for these accounts also hence proof of residence and proof of identification will be required along with recent photograph of the depositor/s
Types of Accounts
The accounts may be opened in the names of:
(i) Individual — Single Accounts
(ii) Two or more individuals — Joint Accounts
(iii) Sole Proprietory Concerns
(iv) Partnership Firms
(v) Illiterate Persons
(vi) Blind Persons
(vii) Minors
(viii) Limited Companies
(ix) Associations, Clubs, Societies, etc.
(x) Trusts
(xi) Joint Hindu Families (accounts of non-trading nature only)
(xii) Municipalities
(xiii) Government and Quasi-Government Bodies
(xiv) Panchayats
(xv) Religious Institutions
(xvi) Educational Institutions (including Universities)
(xvii) Charitable Institutions
Amount to be Invested
Minimum amount that may be accepted for the scheme shall be Rs.10,000/-in Metro and Urban Branches and Rs.5000/- at Rural and Semi urban Branches for senior citizens the minimum amount  will be Rs 5000/-
Minimum Amount criteria will not be applicable to
Subsidy kept under GOVT Sponsored Schemes, Margin Money, earnest money and court attached/ordered deposits


Payment of Interest
( Monthly/Quaterly ) Subject to applicable TDS
Depositor may receive interest every month at monthly discounted value.

A depositor may receive interest every quarter at actuals in which case the deposits will, for all practical purposes, be treated as deposits under the Bank's Fixed Deposit Scheme with an endorsement to the effect that the interest will be paid every quarter.

Maximum period for acceptance of deposit would be ten years.

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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