Bank of India Kolkata

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About Bank of India

As our ancestors were battling against the Britishers to gain freedom, there were few businessmen from the city of Mumbai thinking of setting up a bank and they did so in September 1906. That bank is none other than Bank of India (BOI), which emerged to the scene with an initial paid-up capital of ₹ 50 lakhs and 50 employees to take care of its day-to-day work. Months and years went by and came the moment of glory for Bank of India, which was taken over by the Government of India from the private control in 1969. Yes, the bank was nationalized and so started the glorified journey that still inspires many in the banking field and those willing to take a plunge. The bank today holds prominence in corporate banking, retail banking, MSME banking, NRI banking and other verticals.

Amidst this journey, the world saw the bank coming out with a public issue in 1997 and years later the Qualified Institutional Placement (QIP) in 2008. The bank would not have been able to chart out a series of accomplishments had it not expanded its reach. More reach, more brand visibility and brand recognition, this is what helps any bank to grow. And BOI read that absolutely right by taking its branch presence to over 5,000 across India. The bank didn’t stay contend with its presence in India alone as it kept on making its presence feel worldwide. Today, it has branches in almost 22 overseas nations and more importantly at key financial centres of the world including the likes of Tokyo, London, Singapore, New York, etc.

Kolkata, the lands of Mishti Doi and fishes, also has BOI branches spread all across the city. Be it Sham Bazar or Sealdah, Bank of India has made sure to let people from each corner of Kolkata to avail its services. Around 60-70 branches of BOI are located in Kolkata.

Bank of India Kolkata Branches

Branch NameComplete AddressIFSCMICRContact Detail
Sham BazarSham Bazar, 140/1, Bidhan Sarani, Sham Bazar, Kolkata- 700004, West BengalBKID0004018700013039033-25301813, 25554341
Southern AvenueMehta House, 32, Southern Avenue, , Kolkata- 700029, West BengalBKID0004019700013044033-24661836, 24635303
South SuburbsSouth Suburbs, 391 Diamond Harbour Road, Behala, Kolkata- 700034, West BengalBKID0004020700013043033-24781577, 245846
Vivekanand Road36/2, Vivekanand Road, Calcutta, Kolkata-700007, West Bengal
BKID0004021700013048033-22691924, 22630705
MaulaliMaulali, 81/2 Acharya Jagadish, Bose Road, Kolkata, India, 700014, West BengalBKID0004024700013033033-22174905, 22271229
Bangur AvenueBangur Avenue, Plot No 415 413 - 214, Bangur Avenu, Kolkata- 700055, West BengalBKID0004025700013005033-25746055, 25741251
Jawaharlal Nehru RoadJawaharlal Nehru Road, 44, Jawaharlal Nehru Road, , Kolkata – 700016, Kolkata, 700016, West BengalBKID0004026700013027033-22823498, 22827856
Sealdah2/B, Mahatma Gandhi Road, Sealdah, Kolkata- 700009, West BengalBKID0004027700013038033-23503716, 23607594
Park CircusPark Circus, 73/A, Theatre Road, , (Shakespeare Sarani), Kolkata- 700017, West BengalBKID0004028700013036033-22471325, 22801186
College StreetCollege Street, 8/9, Bankim Chatterjee, Calcutta, Kolkata- 700073, West BengalBKID0004029700013015033-22415179, 22417899
Ruby ParkRuby Park, 207, Kasba Road, Calcutta, Kolkata, 700042, West BengalBKID0004030700013058
Free School StreetFree School Street, 41, Free School Street, Kolkata- 700016, West BengalBKID0004032700013020033-22172070, 22299346
Ballygunge Circular RoadBallygunge Circular Road, 67/B, Ballygunge Circu, Kolkata- 700019, West BengalBKID0004035700013003
Bhupendra Bose AvenueBhupendra Bose Avenue, 55, Bhupendra Bose Ave, Kolkata-700004, West BengalBKID0004036700013009033-25432933, 25554865

Products Offered by Bank of India in Kolkata

The need of financial products depends a lot on your wishes. And when the topic of wish is introduced, so there can be many things said on this. Some could say, they want to feel the mesmerism that one feels after witnessing the European locales. While many would get influenced to bring home a car that may have generated buzz in the market. If you are banking with Bank of India, you can achieve what you want through a myriad of products like a personal loan, car loan, home loan and others. In the demonetization era, all eyes would be on to buy a home. And I reckon you won’t differ from this wish. So, why not see all those products that Bank of India has in store for you?

Basic Details of Bank of India Loans in Kolkata

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 Required to Avail Loans from Bank of India in Kolkata

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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