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Tuesday, 07-Feb-2012

Bullion Banking

Discount Future Cash Flows

Foreign Currency Swing Limits

Exporters' Gold Card

Dual Currency Swing Limit

Online Services

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Foreign Currency Loan

Eligible borrowers	1. Export earning units and other customers with 'AAA' or 'AA' credit rating. 2. Customers with credit rating 'A', having natural hedge.
Purpose	1. Working Capital. 2. Demand Loan for purchase of new plant and machinery, acquisition of equipments and other assets.
Quantum	Minimum US Dollars 100,000/-. Lending only in US Dollars.
Tenor	Working Capital - Min. 3 months, Max. 18 months. Conversion of existing rupee working capital facilities into FCL facility can be allowed. Demand Loans - Min. 12 months, Max. 36 months.
Rate of Interest	Interest rate linked to LIBOR + applicable spread based on credit rating, payable at quarterly intervals.*
Commitment Fee	1% p.a. of unutilised amount of FCL after 3 months of execution of documents. In case the sanction is requested to be revalidated, revalidation fee @ 0.25% of the entire sanctioned amount (maximum USD 5000/-) is applicable.
Processing Charges	Rs. 145/- per lakh or part thereof, Maximum Rs.1,45,000/-. In case of conversion of existing facilities, no additional processing charges are recovered. Transaction cost ranging from Rs.15,000/- to Rs.25,000/- is levied at the time of conversion.

Rate of interest and other terms are subject to change from time to time as per Bank's Corporate Policy.

Announcement

Analyst Meet Presentation for 31.12.2011

Reviewed Financial Results for the period ended 31.12.2011

Notice of Board Meeting

Analyst Meet Presentation for 31.12.2011 Reviewed Financial Results for the period ended 31.12.2011 Notice of Book Closure for Bonds

Chairman & Managing Director's Message & Address

Bank of India has decided to abolish prepayment charges on home loans for both fixed and floating rate loans across all tenures for existing as well as new borrowers

Watch recorded webcast of Analyst Meet-30.09.2011

Watch recorded webcast of Press Meet-30.09.2011

Financial Results for the quarter / half year ended 30th September 2011

Analyst Meet Presentation-30.09.2011

Festiva l offer – Rate of interest reduced on Home Loans & Auto Loans.

Watch webcast of 106th foundation day

Bank has decided to increase the Bank’s Base Rate from 10.00% p.a. to 10.75%p.a. and BPLR from 14.25% p.a. to 15.00% p.a. with effect from 28.07.2011.

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

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