Bank of India Kochi

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About Bank of India

Over hundred autumns ago, came the time for Bank of India (BOI) to emerge at the helm of few wise men from Mumbai. It was September 1906 when that monumental event took place. It kept doing good work under the private control for over 6 decades. The year 1969 was the time when the Government of India took over the bank from the private management. And from then to now, the bank has been constantly treading the path of success through its philosophy of providing customized products and services. In this glorious journey, the bank has also seen it going to the capital market with the public issue in 1997 and saw its Qualified Institutional Placement (QIP) in 2008.

In all these years, the bank has managed to stay competitive in many verticals like corporate banking, retail banking, MSME banking, rural banking and others. The bank has qualified professionals to undertake different tasks at different regions of the country. In cities, it has general banking officers familiar with the behavioural traits of the consumers. Similarly, the bank has rural correspondents to align with the banking needs of the population in those areas.

If we talk about the presence of the bank, it is impressive with over 5,000 branches across the country. The bank has set up 50 zonal offices to make sure the operation of branches is in top order. It also has a decent presence in Kochi with about 10 branches located in the city. Let’s find out the Kochi branches of BOI in a table below.

Bank of India Kochi Branches

Branch NameComplete AddressIFSCMICRContact Detail
KochiC C Vi/96 (A) Bazar Ro, Mattancherry, Kochi- 682002, Kerala 682002, KERALABKID00085106820130050484-2224575, 2225339
Ernakulam Service Branch M.G. Road, Kochi-682016, KeralaBKID00085856820130010484-2372225, 2370352
Ernakulam Mid Corporate BranchErnakulam Mid Corporate Branch, Manavalan Building, Jawahar Nagar East, Vyttila, Kochi-682019BKID0008518682013023
ErnakulamErnakulam, At Kannankeri Estate, Shanmugham Road , Ernakulam- 682031, KeralaBKID00085006820130020484-2354508, 2372225
M G Road (Ernakulam)M G Road(Ernakulam), Xxxv/1301 - 2, Collis Es, M. G. Road, Kochi-682016, KeralaBKID00085016820130090484-2353683, 2353857
College GroundCollege Ground, P.B.No.1088, M. G. Road, Ernakulam, Kochi-682011, KeralaBKID00085026820130040484-2360696
Ernakulam NRIErnakulam NRI, Collis Estate, Ravipur, M.G.Road, Ernakulam, K, Ernakulam, 682016, KeralaBKID00085036820130030484-2365158, 2370352
Ernakulam Housing Finance & Personal BankingErnakulam Housing Finance, Kaloor Tower, Kaloor, Kadavanthara Road, Kochi, 682017, KeralaBKID00085046820130100484-2536036
Willingdon IslandWillingdon Island, Post Box No. 540, Willingdon Island, Kochi, 682003, KeralaBKID00085116820130060484-2666265, 2668471
KakkanadKakkanad, 10/164C, Thadathil Bld, Airport Rd, Kochi- 682030, KeralaBKID0008512682013021
Kalamassery SouthKalamassery South, University P.O., Kalamassery South, Kochi- 682022, KeralaBKID00085696820130070484-2555890, 2555540
K P Vallon RoadK P Vallon Road Kadavanthara Junction Kochi-682020, KeralaBKID0008587

Products Offered by Bank of India in Kochi

Bank of India and you get your desired financial products to keep banking with it. Depending upon the magnitude and type of wishes you have, the bank will provide the products attuned to the same. The products offered by the bank generally include a personal loan, home loan, car loan, loan against property and others.

Basic Details of Loans from Bank of India in Kochi

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.50% - 8.60%0.25% 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 lakhs11.90% - 13.90%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 Crores9.25%₹ 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 to be Submitted to Access Loans from Bank of India in Kochi

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-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years

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-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years
BOI Star Loan Against PropertyIdentity 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

Equitable Home Security
Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card

Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card

Income Proof-ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years

Equitable Home Security

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