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Tuesday, 07-Feb-2012

Star Channel Credit

Services of External Rating Agencies

Expand Services of External Rating Agencies

Star Laghu Udyog Suvidha

Energy Efficiency Projects

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Credit Linked Subsidy

Akshay Urja Shops

Artisan Credit Cards

KVIC(REGP) Scheme

Laghu Udyami Trade Card

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Star Laghu Udyog Suvidha

Star Laghu Udyog Suvidha Scheme - Features

Purpose:

To reward our loyal customers in meeting temporary liquidity constraints

Eligibility criteria

1. AAA and AA rated SSI borrowers having a sound track record with net profits at least during the last 3 years and annual turnover in excess of Rs.50 lakhs.

2. The unit should be enjoying limits in excess of Rs.10 lacs..

Amount

50% of Regular limits subject to a max of Rs.50 lacs

Facility

a). Short Term Loans up to and inclusive of 180 days.
b). Channel Credit (both Suppliers & Dealers) by way of Discount of Inland Bills of tenor
upto 180 days
c) Discount of Bills drawn under DA LCs of Prime Banks with usance not exceeding 180
days

Margin

Finance against Stocks 25% Discount of Bills NIL

Interest rate

Short Term Loan facility upto and incl. of 180 days:
2.00% below rate applicable for "AAA" and "AA" rated customers.

Discount of Bills Accepted by Dealers/Beneficiaries of Services:
A further concession of 0.50% below the above rates

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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