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Thursday, 17-May-2012
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Star Sunidhi Tax Deposit
Capital Gain Tax Saving Scheme
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  STAR SUNIDHI TAX-SAVING DEPOSIT SCHEME

A Scheme for long term savings investments, with Income Tax Benefits..

Eligible Individuals & HUFs having PAN Numbers
Minimum Deposit Rs.10,000/-
Maximum Deposit Rs.1,00,000/- p.a.
Type of Deposit FDR/MIC/QIC/DBD
Tenure Minimum-5 years
Maximum-Upto & including 10 years
Rate of interest As applicable to our normal domestic term deposits
Premature withdrawal Not Permitted upto 5 years.
Applicability All branches in India
Nomination Facility Available
Advance Facility Not available for a period of 5 years from The Date of Deposit
Other Benefits Tax Exemption u/s 80c of the Income Tax Act
Other Terms and Conditions i) In the case of Joint Accounts,only the first named Depositor will be eligible for deduction under Section 80c of the Income Tax Act
.
ii) No nomination shall be made in respect of aTerm Deposit applied for and held by or onbehalf of a Minor.
iii) The Term Deposit shall not be pledged to
secure a loan or as security to any other advance.
v) Other terms and conditions as applicable to normal Term Deposits.
icon 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


Interest Subsidy for Education Loans

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

Forex Card Rate
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