Bank of India Fixed Deposit in Hyderabad

About Bank of India Fixed Deposit Hyderabad

Hyderabad, the IT city, invites budding and experienced IT professionals to settle down and make their living here. While enjoying the sojourn here, these professionals and others want a greater degree of financial security that comes with a fixed deposit. The tool, as you would know, allows you to deposit a specific sum of money for a specific period of time, churning out interest income from the deposited amount. You can open a fixed deposit at Bank of India (BOI), which has a fair number of branches in Hyderabad.

Bank of India Fixed Deposit Hyderabad at a Glance

ParticularsDetails
Interest Rate

4.00% - 7.20%

Minimum Deposit Amount₹5,000 (Rural and Semi-Urban Branches)

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

Eligibility Criteria

These are the people and institutions that are a welcome at BOI for a fixed deposit in Hyderabad.

  • 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)

Documents Required to Open a Fixed Deposit at Bank of India in Hyderabad

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 Hyderabad

Bank of India Fixed Deposit Hyderabad Branches

Branch NameComplete AddressIFSCMICRContact Detail
Nampally Stat5-8-659, Nampally Stat, P. B. No.134, Hyderabad, India, Andhra Pradesh, Pin-500001BKID0008600500013006040-23201492, 23202016
Basheerbagh









Basheerbagh, 5 - 9 - 30/31 - 34 New Mla Q, Opp.Gandhi Med. College, Hyderabad, Andhra Pradesh, Pin-500029
BKID0008601500013005040-23234673, 23237370
MalkajgiriMalkajgiri, Malkajgiri, Hyderabad, Hyderabad, Andhra Pradesh, Pin- 500047BKID0008602500013010040-27052893, 2705378
KachigudaKachiguda, R K Complex, Station Road Kachiguda, Hyderabad, Andhra Pradesh, Pin-500027BKID0008606500013007040-27564456, 27567972
Sultan BazarSultan Bazar, 4 - 3 329 Sultan Bazar, Pb 545, Hyderabad, Andhra Pradesh, Pin-500001BKID0008607500013013
KhairatabadKhairatabad, Pti Building, Ac Guards, Hyderabad, Andhra Pradesh, Pin-500013BKID0008609500013008040-23318754, 2332159
KukatpallyKukatpally, Ist Floor ADR Estate, Bhagya Nagar Colony, Hyderabad, Andhra Pradesh, Pin-500072BKID0008624500013022
040-23065555, 23161061
Hyderabad Service BranchHyderabad Service Branch, 1-10- 1199/2, 1St Floor, P.T.I. Bldg., A.C. Gua, Hyderabad, India, Andhra Pradesh, Pin-500004
BKID0008625500013001040-23378218, 23392308
AzamabadAzamabad, 1-8 -563/1 Azamabad Ind, Area, Rtc Cross Road, Hyderabad, Andhra Pradesh, Pin-560020BKID0008626500013003040-27667582, 27600625
MalakpetMalakpet, 16- 10 - 27 /105/25, , Malakpet Pb 1317, Hyderabad, Andhra Pradesh, Pin-500036
BKID0008627500013009040-24548897, 24565584
Hyderabad Hi Tech AgriHyderabad Hi - Tech Agril. Fina., 1St Floor, , H.No. 6 - 1 - 1062/10, Hyderabad, Andhra Pradesh, Pin-500036BKID0008628500013016040-23520799, 23510621
AmeerpetAmeerpet, Mitri Vanam Huda Compl, Ameerpet, Hyderabad, India, Andhra Pradesh, Pin-500010BKID0008629500013017040-23730894, 23751043
Hyderabad ARB10-1-1199, 1St Floor, Pti Buildings, A.C.Gaurds, Hyderabad, Andhra Pradesh, Pin-500004BKID0008630580013099
Andhra Pradesh Police AcademyA.P. Police Academy, Himayat Nagar, Golgonda Po, Hyderabad, Andhra Pradesh, Pin- 500005
BKID0008635500013020

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