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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
Out of all computerized branches, 1500+ branches have migrated to Core Banking Solution (CBS). Remaining 1300+ branches are computerized in TBM mode.
Listing of CBS branches
Automated Teller Machines (ATMs)
Bank is having its own 442 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 10 member banks. The Bank has also entered into bilateral agreement with State bank of India and its associates. Our customers can use more than 25,000 ATMs all over India under these shared ATM network.
ATM Locator
Solar Power Systems
Solar Power Systems implemented in 78 Rural / Semi urban branches where there is acute shortage of Power or high load-shedding periods. We plan to extend in another 100 branches during 2008-09.
Financial Inclusion
Pilot Project of FINANCIAL INCLUSION launched in Gadab Rural Branch of Thane-Raigad Zone, Putur in Chitoor, Gad Chiroli in Chandrapur, Nimargi in Solapur and also at Ashta & Rehti in Sehore districts. Enrolment process started in all the 5 places and at Gadab branch in Raigarh district, Putur in Chitoor & Ashta in Sehore districts live transactions have started successfully.
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.
Online Interbank Fund Transfer
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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