Bank of India Bhubaneswar

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About Bank of India

Not many would know how and when Bank of India (BOI) was founded and existed in the banking space. The answer to this question is some businessmen of Mumbai got together and did it in September 1906. These businessmen started the operations with a paid-up capital of ₹ 50 lakhs and 50 employees. It was till 1969 that the bank had to be operated and managed under private ownership. In that very year, the government of India took over the bank. And from there, the success chart of the bank is steadily growing up the ladder.

Headquartered in the capital city of Maharashtra, Mumbai, the bank today enjoys a wide presence across India. As many as 5,000 branches of the bank are located in India. Of that, nearly 30 branches are operative in the lands of temples, an identity that the city of Bhubaneswar is renowned for. With many education and information technology centres, the city invites a plethora of job opportunities for migrants and the natives. So, when you look to stay in the city for long, naturally there will some aspirations to achieve as your stay gets longer. Today aspirations without finance is a complete mismatch. BOI is ready with a wide range of products catering to different tastes and needs of people in Bhubaneswar. A table below will show you the branches of the bank where you can apply for your favourite products.

Bank of India Bhubaneswar Branches

Branch NameComplete AddressIFSCMICRContact Detail
Kharvel NagarKharvel Nagar, 98, Kharavela Nagar, Keshari Jalkies Complex, Bhubaneswar, Odisha, Pin-751001BKID00051127510130060674-2536670, 2391898
Sailshree ViharSailshree Vihar, 39, HIG Duplex, Bhubaneswar, Odisha, Pin-751010BKID00051137510130080674-2741922
Ashok NagarBhubaneswar, 129, Ashok Nagar, Unit-II, Janpath, Bhubaneshwar, Odisha, Pin-751009BKID00055507510130020674-2532188, 2535192
Shahid NagarShahid Nagar, A/123, Bhubaneshwar. Odisha, Pin-751007BKID00055517510130050674-2545386
Chandaka Industrial ComplexChandaka Industrial Complex, Plot No.68(P), Annapurna House, , Bhubaneswar, Odisha, Pin-751010BKID00055537510130030674-2580040, 2586256
Kapila Prasad Market ComplexKapila Prasad Market Complex, At Kapila Prasad, P.O.Sunderpada, Bhubaneswar, Odisha, Pin- 751002BKID00055597510130040674-2591023
Bhubaneshwar SSI Bhubaneshwar SSI Branch, 102, Cuttack Road, , Bhubaneshwar,Odisha, Pin-751006BKID00055617510130070674-2570796
Bhubaneshwar Service BranchBhubaneshwar Service Branch, Keshari Talkies Complex , 98 Kharwel Nagar, Bhubaneshwar, Odisha, Pin-751001BKID00055637510130010674-2390754
Jayadev ViharJayadev Vihar, Star House, 1/1 D, Jayadev Vihar, , Bhubaneshwar, Odisha, Pin-751001BKID00055647510130090674-2551124
Kanan ViharPlot No. 203, Mig-Ii, Kanan Vihar, Phase-Ii, Bhubaneswar, Odisha, Pin-751031BKID0005567751013011

Products Offered by Bank of India In Bhubaneswar

Be it the wish of visiting the locales of Bhubaneswar via a sports car or setting up a business there, Bank of India empowers the dream of people living in the city. For personal purposes, an attractive personal loan with attractive interest rates is up for grabs at branches of BOI in Bhubaneswar. For details related to the product offers, keep an eye on the table below.

Basic Details of Bank of India Loans in Bhubaneswar

ProductEligibilityLoan AmountInterest RateProcessing Fee
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.75% - 8.80%0.25% of the loan amount
Minimum- ₹ 1,000+service tax as applicable

Maximum-₹ 20,000+service tax as applicable
BOI Star Personal Loan SchemeSalaried employees, professionals, pensioners are eligibleUpto ₹ 5 lakhs-10 lakhs12.00% - 14.00%2% of the loan amount
BOI Star Vehicle Loan Salaried employees, professionals, NRIs are eligibleUpto ₹ 50 Lakhs-2 Crores9.25%₹ 500 per application+service tax as applicable
BOI Star Loan Against PropertySalaried, self-employed, partnership firms, people with high net worth are eligible48 times of average monthly gross salary for salaried

4 times of average net annual income for last 2-3 years in the case of self-employed
10.50%-11% p.a.-
BOI Star Vidya LoanStudents should be an Indian national and must have got admission to a higher education course in recognized institutes in India or overseas₹ 10 lakhs in India

₹ 20 lakhs abroad
8.50%-9.00% p.a.No processing fee for studies in India. However, overseas study comes with a fee of ₹ 1,000

Documents Required to Access Loans from BOI in Bhubaneswar

DocumentsSalariedSelf-employed
BOI Star Home LoanIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement

Property Documents Like Cost Estimation, Property Map, etc
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years

Property Documents Like Cost Estimation, Property Map, etc
BOI Star Personal Loan SchemeIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement
BOI Star Vehicle Loan Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years
BOI Star Loan Against PropertyIdentity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement

Equitable Home Security
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years

Equitable Home Security

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