Eligibility: All employees on regular pay roll of any institute (Central Govt. / State Govt. / PSU / Private sector etc.) With minimum 10 employees and each employee is having minimum take home salary of Rs 5000/- p.m. and above.

  • 0202 for Employees of Central and State Government/ Universities/ colleges affiliated to universities
  • 0203 Employees of Public Sector Undertakings and
  • 0204 Employees of Private Sector (to be approved by the Branch Manager)

Please note that scheme code and special charge code are essential for identification of the account and their category and also for the extension of benefits to the depositor.

Minimum Balance Requirement



(This is a Zero Balance Account).

Group Personal Accidental Death Insurance Cover(Group Insurance Policy taken at HO and premium is borne by H.O. centrally)


Free Personal Accident Death Insurance cover of Rs.1 Lakh

Internet Banking/ Mobile Banking/ Star Sandesh/ RTGS/ NEFT payment through Internet Banking



Cheque Leaves:(All cheques are payable at all our branches in clearing


Free 100 Cheque leaves per calendar year

Demand Drafts / Pay orders


1 DD / PO free with maximum amount of Rs 50,000/- per month

Concession on processing charges on Home Loan, Vehicle Loan & Personal Loan


50 % Waived

Star Share Trade(3 in 1 account) Demat, SB, Online share Trading

  • Available
  • Annual Maintenance Charges on Demat waived (during first FY)

Pass Book/Statement (Monthly)


Any one of them Available

Credit Card

  • Free Gold Credit Card to employees with net take home Salary of Rs 10,000/- & above for last 6 months.
  • Free Gold International Credit Card to employees with net take home Salary of Rs 25,000/- & above for last 6 month.

Online Income Tax return Facility


Available at Discounted rate under Tie-up arrangement. It can be filed from BOI Website

(Refer Branch Circular No.108/62 dated 25.06.2014 & subsequent revision from time to time)

SUD Life Group Term Insurance Cover


SUD Life Group Term Insurance Cover at very attractive rate. The salient features are:-

  • Wider entry age up to 65th birthday.
  • Choice of Sum assured up to 5 lakhs
  • Hassle free process with just a one pager enrollment form
  • No medicals required
  • Competitive premium rates

(Refer Branch Circular No. 107/177 dated 20.12.2013 &subsequent revision from time to time)

Other Incentives

  • Unlimited ATM transactions at BOI ATMs
  • Free Missed call alert facility for Balance inquiry
  • Free Utility Bills Payment Facility Through E-Pay

Nomination facility


Available as per the prevailing banking norms