| Banksloanonline » Banks » Bank of India |
Bank of India |
| Bank of India is one of the banks established in the early part of the 19th century. It has its head office based in the financial capital of the country, Mumbai and has about 2844 branches scattered throughout the various cities in India. |
|
|
History of the Bank of India:
A group of illustrious business background from Mumbai got together and founded the Bank of India in 1906. It is a nationalized bank and even operates in several European cities including London and Paris.
Features and Services of Bank of India
There are several features and services offered by the Bank of India. Some of the most popular ones are:
- Credit Cards
- Loans (Educational, Personal as well as Auto)
|
- Fixed Deposits
- Savings Accounts
- Services for the Non Resident Indians
Besides the operating branch offices of the Bank of India, there are a number of ATM centers available across the major cities that also make transacting and operating accounts easier. This bank is also credited with being a pioneer in instituting the health code system besides also introducing numerous schemes and policies in the realm of loans, savings and deposits, from time to time.
Bank of India is also a founder member of Society for World-wide Inter Bank Financial Telecommunications (SWIFT) through which it offers for cost -effective financial processing and communication services. One can also use the ATM's of around 40 other banks located in the various corners of the country to withdraw cash etc in a convenient manner, while operating from account with the Bank of India.
|
