123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

The Growing Wings Of Bank Of India

Profile Picture
By Author: Sanjay joshi
Total Articles: 471
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Bank of India said to have formed by diverse groups of Jews, Hindus, Muslims, and Parsees in 1906, when other Bank of India around that time failed and no longer in existence. It was the first of its kind to promote Indian interest and to serve all communities. Bank of India is one of India’s nationalized banks with its headquarters in Mumbai. It is a commercial bank usually with state owned policies. It is fourth largest bank in India after State Bank of India, Bank of Baroda and Punjab National Bank. Bank of India has 3415 branches with chain of 487 ATMs spread across the country.

The bank recently joined the league of other banks by joining the National Financial Switch (NFS), which enables and allows customers to have access of ease to more than 30,000 ATMs in India. Bank of India is a member of BANCS and Cashtree. The Bank also has 29 branches overseas and it is a founder member of Society for Worldwide Inter Bank Financial Telecommunications (SWIFT), which facilitates and provides provision for healthy and cost effective communication services and financial processing. The Bank of India completed its successful ...
... hundred years of banking and financial services in the year 2006.

Bank offers various services and products to different forms of section like retail, agricultural, corporate, MSME etc. Bank is very keen on reaching out for various sections of the society to provide financial and economical help aimed at improving financial structure. Bank of India offers Deposit Schemes which consists of Star Flexi Recurring Deposit Scheme, Star Power Saving Account, and Star Diamond Saving Account etc. Interest rates on different loans like Personal loans, Education loans, Home loans etc are also very affordable here. For international customers, bank has NRI segment which helps in dealing with various aspects of banking, when abroad or living in abroad. Many online services are also provided to customers keeping in view that no one get behind the technological advancement. Online services in form of mobile banking and payments, internet banking, pay bills, online share trading, tax payment, book ticket and Star e-Remit are available.

Bank of India is adopting growth oriented and innovative policy measures. Bank’s focus is to build a loyal and affectionate band of customers in Semi-Urban and Rural areas, where it has large and widespread network, comprising 67% of its branches. This only has enabled and led to development to individuals, a community or a village and even has mounted productivity and production in any given area, through smooth and continuous flow of credit.

Bankrecruitmentresult.in is dedicated for resourceful information and every bit of data regarding bank recruitment and result from all over the India. Explore Bank Recruitment 2013, Bank Recruitment in India, Bank of India Recruitment 2013 and much more.

Total Views: 327Word Count: 468See All articles From Author

Add Comment

General Articles

1. Common Sense Tips Improve Your Sleep Quality Naturally
Author: Chaitanya Kumari

2. Jw And Jz Modifier In Medical Billing: A Complete Guide
Author: Albert

3. Nfl London: Broncos Host Four Pass Rushers For Tryouts
Author: eticketing.co

4. How Enterprise Mvp Development Services Help Businesses Innovate
Author: david

5. Why Termination Boards Are The Backbone Of Reliable Industrial Connections
Author: Alex Zilk

6. Professional Tender Writing Services To Secure More Contracts
Author: redtapebuster

7. Think Traffic Fines Are Just A Slip Of Paper?
Author: Amaira

8. Why Consulting Firms Are Optimal For Esg: Perspectives From Dubai’s Leading Professionals
Author: sweta

9. Top Benefits Of Eco-friendly Personal Training In London
Author: Terra Hale

10. Asia Cup: Match Scheduled For 14 September In High-stakes Rivalry
Author: eticketing.co

11. Why Choose Jaipur For The Best Tattoo Removal Treatment?
Author: uttam

12. Unlock The Full Potential Of Your Health With Physiotherapy Treatment
Author: Prestige Line Contracting

13. Why Enterprises Are Investing In Multimodal Ai Agents In 2025
Author: Albert

14. Neutrogena Oil-free Moisture With Spf 15: The Perfect Sunscreen For All Skin Types
Author: Neutrogena Oil-Free Moisture with SPF 15

15. The Best Dental Clinic In Virar Has Professional Dentists
Author: pravindentalclinic

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: