Bank of India Lucknow

Banks294 views

About Bank of India

Hardly India was aware that few businessmen could establish a bank that will eventually go on to set high standards of banking for others to follow. It was the time of our martyrs who were fighting for freedom against the English administration when Bank of India (BOI) emerged from out of the blue. Precisely speaking, it was September 1906 when that incident took place. BOI was started on a paid-up capital that was about ₹ 50 lakhs and near 50 employees that had the responsibility to ensure smooth operation of the bank. The capital amount was significant if you talk of those times. But the bank didn’t want to languish at all. So, it kept on moving at a fast pace. And when Government of India took it over the private reins in 1969, the bank started clocking growth and made its maiden debut in the capital market in 1997. It also saw its Qualified Institutional Placement (QIP) in 2008.

Such has been the operational efficiency from the time of its inception that the bank kept topping the charts all over. Defying all the challenges, the bank is now a big name in corporate banking, NRI banking, retail banking, MSME banking and other verticals. Within these verticals, a wide range of products is there for the consumers to choose from. The reason why the bank has been able to power its way through is due to the fact that it develops products that attune to people’s needs.

Talking about the strengths and not elaborating on its presence nationally and internationally won’t do justice to the bank’s endeavour to expand its reach among every section of the society at whatever locations they may reside into. The bank’s branches are running across the entire spectrum of India’s geographical landscape. It is having over 5,000 branches and 50 zonal offices across India to go with branches in almost 22 foreign nations. But what adds more credentials to the bank is its presence in some key financial centres of the world like Tokyo, New York, London, Singapore and few others.

Your very own city Lucknow is also obliged to be the recipient of the bank’s services. At Lucknow, Bank of India has 60-70 branches for the people here to bank with. With full of expertise, the branch officials of Lucknow serve the customers effectively. So, make your way to the nearest branch of BOI by looking at a table below showing the branches.

Bank of India Lucknow Branches

Branch NameComplete AddressIFSCMICRContact Detail
Mohini MansionsMohini Mansions, Post Box No. 170, Lucknow- 226001, Uttar PradeshBKID00068002260130020522-2623829, 2231782
AminabadAminabad, Shakti Bldg, 35, , Niyamatula Rd, Aminabad, Lucknow- 226018, Uttar PradeshBKID00068012260130050522-2629644, 2629628
Khunkhunji RoadChowk, Plot No 5, Khunkhunji Road, Chowk, Lucknow, Uttar PradeshBKID00068022260130080522-2259203, 2259215
AishbaghAishbagh, Manohar Niwas, 278/81, Aishbagh Road, Lucknow- 226004, Uttar Pradesh
BKID00068032260130030522-2692479, 2692845
MahanagarMahanagar, M-5, Gole Market, Mahanagar, Lucknow- 226006, Uttar PradeshBKID00068042260130110522-2387166, 2389598
Ashok MargAshok Marg, Mull Building, Ashok Ma, Pb No. 321, Lucknow, 226001, Uttar PradeshBKID00068052260130070522-2287329, 2288433
Nirala NagarNiralanagar, 4, Commercial, Nirala Nagar, Lucknow- 226007, Uttar Pradesh
BKID00068062260130120522-2788002, 2788019
KaiserbaghNear Shubham Cinema, Avadh Market, 5, Cant Road, Kaiserbagh, Lucknow – 226001, Uttar PradeshBKID0006807226013030
AliganjAliganj, Pragati Kendra, Kapoor, Commercial Complex, Lucknow- 226006, Uttar PradeshBKID00068102260130040522-2323483, 2330059
Sarojini NagarSarojini Nagar, 5-D Sarojini Nagar, Co- Op. Housing Society Ltd., Lucknow- 226008, Uttar PradeshBKID00068132260130140522-2431195, 2436047
SubhanikhedaSubhanikheda, Navneet Bhavan, , Subhani Khera, Telibag, Lucknow- 226002, Uttar PradeshBKID00068152260130150522-2440680, 2443123
SadarSadar, 40 Sadar Bazar, Lucknow, Lucknow, Uttar PradeshBKID00068172260130130522-2480225, 2483710
Terhi Pulia(Madion)Terhi Pulia(Madion), M M S 2/13, Sector C, Sitapur Road Scheme, Lucknow- 226021, Uttar PradeshBKID00068212260130100522-2363127, 2733652
Lucknow Service BranchLucknow Service, Pratap Building, 3Rd F, Nawal Kishore Road, Lu, Lucknow- 226001, Uttar PradeshBKID00068252260130010522-2617352

Products Offered by Bank of India in Lucknow

There is no hiding from the fact that we all aspire to achieve our goals. And when those goals are to be met by financial products, invariably the focus remains on banks. Among the banks, you can choose Bank of India to fulfill all your financial goals like paying a visit to Madame Tussauds in the royal city of London to instant cash requirements to get yourself any of your family members treated against any medical conditions if at all they arise. At Lucknow branches, BOI offers a gamut of products like a personal loan, home loan, car loan, loan against property and much more. So, get an idea of what products you need to fulfill your wishes. You can do that by pointing your eyes at a table below.

Basic Details of Bank of India Loans in Lucknow

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.65% - 9.55%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 lakhs12.10% - 14.10%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 You Need to Loans from Bank of India in Lucknow

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

People Also Look For

Personal Loan Interest Rates December 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates December 2018
State Bank of India/SBI8.75% - 9.35%
HDFC8.80% - 9.70%
Bank of Baroda8.65% - 9.65%
LIC Housing8.85% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank9.10% - 9.35%
Axis Bank8.85% - 9.10%
Citibank9.00% - 9.85%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.90% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 14.00%