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Saturday, 04-Feb-2012

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STAR HOME LOANS SCHEME-SPECIAL PACKAGE

i. Period of this package :

This package is applicable to only new loans sanctioned upto Rs.20.00 lacs between the period 15.12.2008 to 31.12.2009 (first disbursement) and shall not apply to swapping of loans (take over of loans from other Banks) .

ii. Margin :

For Loans upto Rs.5.00 lacs	10%
For Loans over Rs.5.00 lacs upto Rs.20.00 lacs	15%

iii. Insurance :

We offer Life Insurance cover to our borrowers who have availed home loan under this package covering the loan outstanding.

iv. Processing charges :

No processing charges.

v. Prepayment charges :

No Prepayment charges for borrowers who avail loan under this special package.

vi. Fixed/Floating Rate of Interest :

a) These rates are fixed for a period of first 5 years. Reset after 5 years.
b) After 5 years, the borrower will have an option to choose between fixed or floating rate, prevailing at that time.
c) At the time of switch over no charges would be levied. (from fixed to floating).

vii. Rate of Interest :

ROI- For New Loans w.e.f. 15.12.2008 upto 30.06.09

For Limits upto Rs.5 Lacs

Max. Repayment upto 20 years 8.50% p.a.

ROI- For New Loans w.e.f 15.12.2008 upto 30.06.09

Limits >Rs.5 lacs Rs.20 Lacs

Max. Repayment upto 20 years 9.25% p.a.

Announcement

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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

Press Release

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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