Bank of India Fixed Deposit in Bengaluru

About Bank of India Fixed Deposit Bengaluru

Bank of India (BOI), founded in 1906, has become a household name as it has the magic wand to make your every dream a reality. Even if it is about the security of your future, the bank stays committed to your cause with a customised fixed deposit, allowing you to churn out significant earnings while ensuring the safety of the capital at the same time. The fixed deposit can be availed at Bengaluru, the city of IT titans. BOI has concentrated many of its branches in Bengaluru to tap the growing fixed deposit needs of the population down there.

Bank of India Fixed Deposit Bengaluru at a Glance

ParticularsDetails
Interest Rate4.80% - 6.50%
Minimum Deposit Amount₹5,000 (Rural and Semi-Urban Branches)

₹10,000 (Metro and Urban Branches
TenureUpto 10 Years

Eligibility Criteria

Take a look at the bullets below to know the list of eligible individuals and organisations for a fixed deposit in Bengaluru.

  • A Resident of India
  • Non-resident Indian (NRI)
  • Sole Proprietorship Firms
  • Private Limited Companies
  • Partnership Firm
  • Trusts
  • Associations
  • Clubs
  • Charitable Institutions
  • Municipalities
  • Hindu Undivided Families (HUFs)

Documentation Required to Open a Fixed Deposit at Bank of India in Bengaluru

Above you saw the people and the organisations eligible to open a fixed deposit. Now check out what are the documents that they need to serve the purpose.

Documents for Individuals, HUFs and Sole Proprietorship Firms

  • A Colour Photograph
  • Driving License
  • Last 6-month Bank Statement

Documents for Private Limited Companies

  • Board Resolution / Authority Letter
  • Memorandum & Articles of Association
  • Certificate of Incorporation
  • Certificate of Commencement of Business (Public Limited Company)
  • Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
  • Governing Act / Rules and Regulations(PSUs) (certified true copy)

Documents for Partnership Firms

  • Photographs of Persons Operating the Account
  • Partnership Deed
  • Letter from partners approving the persons concerned to open and operate the account

Documents for Trusts

  • Photographs of the member operating the account.
  • Copy of the Trust Deed.
  • Copy of Registration Certificate.
  • Copy of the resolution of trustee authorizing the member to operate and open the accounts.

Documents for Clubs/Associations

  • By-laws of the Association
  •  Resolution Copy of the board authorising the members concerned to open and operate the account
  • Photographs of the members operating the account

For additional information, visit Fixed Deposit Bengaluru

Bank of India Fixed Deposit Bengaluru Branches

Branch NameComplete AddressIFSCMICRContact Detail
Bangalore MainBangalore Main, 11, Bank Of India Building, K.G.Road, Bangalore, Karnataka, Pin-560009BKID0008400560013002080-22959437, 22959438
MalleswaramMalleswaram, No 112, Ist Floor, Margosa Road, Bangalore, Karnataka, Pin-560003BKID0008401560013007080-23567593, 22959500
VisweswarapuramVisweswarapuram, 83 Digaronal Road, Visveswarapuram, Bangalore, Pin-560004BKID0008402560013010080-26612656, 26620225
VirgonagarVirgonagar, Vill Avalahalli, Post Virgonagar, Bangalore, 560049, Karnataka, Pin-560049BKID0008403560013016
Cantonment, Jothi MahalCantonment, Jothi Mahal, 49, St Marks Road, Bangalore,, Karnataka, Pin-560001BKID0008404560013003080-22959478, 22959474
Jaya NagarJaya Nagar, 2904 11 Main Road, 4Th Block Jayanagar, Bangalore, Karnataka, Pin-560025BKID0008405560013006080-22959483, 22959484
RajajinagarRajajinagar, 675, Ii Block, Nr Navarang Theatre, Bangalore, Karnataka, Pin-560110BKID0008406560013008
J C RoadJ C Road, 75 J C Road, Bangalore, Bangalore, Karnataka, Pin-560002BKID0008407560013005
YeshwantpurYeshwantpur, 6, Regulated Market, Yeshwantpur, Bangalore, Karnataka, Pin-560022BKID0008408560013011080-22959528
Richmond TownRichmond Town, 22, Bangalore, Karnataka, Pin-560025BKID0008409560013009080-22959513, 22959512

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