Bank of India Hyderabad - IFSC Code, Main Branch, Rates March 2024

Bank of India Hyderabad

About Bank of India

When you set your financial goals, it is the bank that takes centre stage, isn't it folks. It's the power of loans and deposits that banks possess to let you ride a journey full of glorious things to tell to the generations that follow you. Among the banks operating in India, you can count upon Bank of India, which has a massive presence with more than 5,000 branches across the country. The bank, through its journey that is over a century old, has time and again proven its prowess to serve corporate, retail, MSME, rural and NRI clients with an exhaustive line of customized products. 

Dig into the history of the bank and you will see a few wise men came together to lay its foundation in September 1906. The bank was kept under private control until 1969 when the nationalization of the bank took place. Well, it can be said as a defining moment for the success of the bank, which from then has never looked back. Instead, it keeps developing products attuned to the growing needs of the customers. 

Not only the premier locations of the country but even the lesser known places are covered by the bank through its branches and ATMs. And if you are staying in Hyderabad, Bank of India is ready to take you on the board and provide services of the top-notch to make sure you keep banking with it. A list of branches of the public lender is demonstrated below for you to see. 

Bank of India 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

Products Offered by Bank of India in Hyderabad 

From loans to deposits, Bank of India aims to provide the best-in-class products to serve your needs. The decision to choose a financial product depends on the goals that you have for yourself to achieve. If those goals are to be achieved by money, then BOI is the right platform to fulfill the same. You can check out the details of various loans like personal loan, home loan, car loan and others in the table below.

Basic Details of Bank of India Loans in Hyderabad

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.85% onwards0.25% of the loan amount
Minimum- ₹ 1,000+service tax as applicable

Maximum-₹ 20,000+service tax as applicable
Upto 30 Years
BOI Star Personal Loan SchemeSalaried employees, professionals, pensioners are eligibleUpto ₹ 5 lakhs-10 lakhs10.35% - 14.85%2% of the loan amountUpto 3 years in most cases. In some exceptional case, the maximum tenure goes upto 5 years
BOI Star Vehicle Loan Salaried employees, professionals, NRIs are eligibleUpto ₹ 50 Lakhs-2 Crores6.85% onwards₹ 500 per application+service tax as applicableUpto 7 years
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.-Upto 15 years
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
10-15 years

Documents Needed to Obtain Loans from Bank of India in Hyderabad

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

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

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%