Bank of India Fixed Deposit in Indore

About Bank of India Fixed Deposit Indore

Indore, a foodies paradise in the state of Madhya Pradesh, is a home to a large number of small and medium scale enterprises, coupled with a host of engineering colleges for the students to take admission into. The people working in the companies based in the city and the ones who come into the corporate after completing their studies do want to solidify their financial position. Well, it can be achieved buoyed by a fixed deposit from Bank of India (BOI), a bank which you, the resident of Indore, must have seen walking on the roadside of the city.

Bank of India Fixed Deposit Indore 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

Getting anxious to know who are the ones that can benefit from a fixed deposit of BOI in Indore? Have a glance at the bullets shown below.

  • 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 in Indore

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 Indore

Bank of India Fixed Deposit Indore Branches

Branch NameComplete AddressIFSCMICRContact Detail
Indore MainIndore Main, Pungalia Bhawan, Santa Bazar, Indore- 452002, Madhya PradeshBKID00088004520130060731-2542381, 2542382
PalasiaPalasia, 575/1, Mahatma Gandhi, Road, Indore, 452001, Madhya PradeshBKID00088014520130130731-2434055, 2530022
KhajaranaKhajarana, 202, Saket, Indore- 452001, Madhya PradeshBKID00088024520130090731-2563554, 2563555
SiyaganjSiyaganj, 34 Siyaganj, Main Road, Indore- 452001, Madhya PradeshBKID00088034520130180731-2542968, 572219
RambaugRambaug, 142 Tilak Path, Rambaug, Indore-452001, Madhya PradeshBKID00088044520130150731-2540582, 2541545
Devi Ahalya MargDevi Ahalya Marg, 901, M. G. Road, , Khatipura, Indore-452001, Madhya Pradesh
BKID0008805452013004
MalharganjMalharganj, 27, Kailash Marg, Indore, Indore- 452001, Madhya PradeshBKID00088064520130110731-2419156, 2419154
SanyogitaganjSanyogitaganj, 148/1, Ravindranath Ta, Marg, Indore- 452001, Madhya PradeshBKID00088074520130170731-2526726, 5041261
Transport NagarTransport Nagar, 36, Narmada Chambers, Snehnagar Main Road, Indore- 452001, Madhya PradeshBKID00088084520130190731-2449173, 2449901
Palasia Housing And FinancePalasia Housing & Pers. Finance, Mourya Centre, 16 Dr Rs Bhandari Marg, Indore-452001, Madhya PradeshBKID0008809452013024
Vijay NagarVijay Nagar (Indore), Gf - A, Scheme No. 54, Near Sica School, Main, Indore-452002, Madhya PradeshBKID00088104520130200731-2558159
Shramik ColonyRao(M.P.), 37, Shramik Colony, Bombay-Agra Road, Rao, 453331, Madhya PradeshBKID0008811452013016
Rajendra Nagar2-C, Alankar, Rajendranagar, , Indore, 452012, Madhya PradeshBKID00088144520130140731-2321143, 2321486
Mhow334A, Simrole Road, Mhow, 453441, Madhya PradeshBKID000881645201302107324-272634, 273339

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