Bank of India Fixed Deposit Mumbai - Interest Rate - Wishfin

Bank of India Fixed Deposit in Mumbai

About Bank of India Fixed Deposit Mumbai

Mumbai is the city that disseminates a wave of vibrancy the moment you experience the buzz down there. The capital city of Maharashtra only adds to its ever growing feather by taking the business volume and India’s economy to new highs. But keeping in mind the unwarranted financial jitters, it is necessary you make saving your friend by opening a fixed deposit account and allow the money to turn big. As far as the selection of a bank for fixed deposit is concerned, Bank of India (BOI) is one option you can look to avail.

Bank of India Fixed Deposit Mumbai at a Glance

Interest Rate2.85% - 5.55%
Minimum Deposit Amount₹5,000 (Rural and Semi-Urban Branches)

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

Eligibility Criteria

Not having an idea of who can walk inside the door of Bank of India to apply for a fixed deposit in Mumbai? Get an idea with a mere glance at the pointers 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 Apply for a Fixed Deposit in Mumbai

A list of documents is sought by Bank of India with regards to fixed deposit across different categories of customers in Mumbai.

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 more information, visit Fixed Deposit Mumbai

Bank of India Fixed Deposit Mumbai Branches

Branch NameComplete AddressIFSCMICRContact Detail
Mumbai MainMumbai Main, 70/80, M.G. Road, P.B. No. 238, Mumbai, Mumbai-400023, MaharashtraBKID0000001400013087022-22624925, 22624926
Andheri WestAndheri West, 28 S.V Raod, Pb 7358 Andheri West, Mumbai- 400058, MaharashtraBKID0000002400013003022-26280209, 26280219
Ballard EstateBallard Estate, Darabshaw House, Narottam Morarji Marg, Mumbai- 400021, MaharashtraBKID0000003400013008022-22612400, 22691218
Ramdas Nayak MargRamdas Nayak Marg (Hill Road), 56 Hill Road, Bandra, Mumbai- 400050, MaharashtraBKID0000004400013026
Mumbai CentralMumbai Central, Sahkti Sadan C Blk, Dr Dada Saheb Bhadaka, Mumbai- 400007, MaharashtraBKID0000005400013005022-23074474, 23097442
Borivali WestBorivali West, Mangal Kunj, S.V.Road, Mumbai- 400092, MaharashtraBKID0000006400013007
Breach CandyBreach Candy, Sky Scraper A, 4/697, Bhulabhai Desai, Mumbai- 400026, MaharashtraBKID0000007400013009022-23678907, 23688526
Bullion ExchangeBullion Exchange, 185, Sheikh Memon Street, Post Box No. 2313, , Mumbai-400002, MaharashtraBULLION EXCHANGE400013011022-23429825, 23428841
ChemburChembur, Near Chembur Naka, Post Bag - 7207, Mumbai-400071, MaharashtraBKID0000009022-25221865, 25225302022-25221865, 25225302
ChurchgateChurchgate, Eros Theatre Building, Jamshedji Tata Road, Mumbai-400020, MaharashtraBKID0000010400013014022-22838136, 22884868
C P TankC P Tank, Chandaramji Girls High, School Bldg C P Tank, Mumbai-400004, MaharashtraBKID0000012400013013022-23812317, 23885257
Cumbala HillCumbala Hill, Dell Star Ns Patkar Ma, Hughes Road, Mumbai-400026, MaharashtraBKID0000013400013015022-23803628, 23803972
Dadar (West)Dadar (West), 61 Gokhale Rd North, Nr. Portugues. Church, Mumbai- 400028, MaharashtraBKID0000015400013019022-24221895, 24221267
Ghatkopar EastGhatkopar East, Kiran Niketan, Tilak Road, Ghatkopar, Mumbai-400077, MaharashtraBKID0000019400013067022-25021428, 25021462
Goregaon WestGoregaon West, Patkar College Bldgs, S.V.Road, Goregaon., Mumbai-400062, MaharashtraBKID0000022400013022
Gandhi MarketGandhi Market, 96 Sion Matunga Estat, Matunga, Mumbai-400022, MaharashtraBKID0000018400013066022-24094734, 24095435
Grant RoadGrant Road, Alankar Build, Balaram Road, Mumbai-400007, MaharashtraBKID0000023400013023
KalbadeviKalbadevi, Round Building, Shamaldas Gandhi Marg, Mumbai-400002, MaharashtraBKID0000024400013030
KharKhar, 531, Linking Road Near, National College, Khar, Mumbai(Bombay), India, 400052, MaharashtraBKID0000026400013031

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