Bank of India New Delhi

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About Bank of India

Not a semblance of imagination would have crept into the nationals of our country when Bank of India (BOI) emerged into the scene in September 1906. All our freedom fighters were challenging the sustenance of British reign in India, and suddenly few affluent businessmen came and establish BOI with resounding success one would have to say. An initial paid-up capital of ₹ 50 lakhs and a headcount of 50 may sound little to you. These businessmen took good control and BOI, which was finally shown the light of the day in 1969, the year on which it got nationalized. Means it got under the control of the Government of India. Post-nationalization, the bank started to grab the eyeballs of customers across different verticals-Retail, Corporate, NRI, MSME, Rural, etc.

The bank got into the prominence with its maiden entry into the capital market in 1997 when its shares were issued to the public. Came another round of fame in 2008 when the Qualified Institutional Placement (QIP) of the bank hit the headlines. All these years what has been the hallmark of the bank is its expertise to understand and evaluate the needs of the customers before providing the right product to them. It’s an interesting bank to get your financial needs fulfilled.

The presence of the bank can’t be understated at all. No reach, no brand equity, no brand recall. And Bank of India understood the importance of reach and has increased its branches to more than 5,000 across the country. For overseeing the operational works of these branches, the bank also has over 50 zonal offices with qualified professionals at the helm. The expansion trajectory of the bank has transcended boundaries with time. BOI now has an operational presence in almost 22 more countries apart from India. In order to expand its global reach, the bank has ensured to operate in key financial centres like Singapore, Tokyo, London, etc.

It would be unfair not to talk of the bank’s branches in New Delhi, the capital city of India. The bank has a presence in literally every corner of this metropolitan city. The number of branches in the city is well over 100. So all you Delhites, get ready to know the branch of BOI to fulfill your requirements at the earliest.

Bank of India New Delhi Branches

Branch NameComplete AddressIFSCMICRContact Detail
JanpathJanpath, 54 Janpath, PB No 357, New Delhi- 110001, DelhiBKID0006000110013012011-23353251, 28844060
Asaf Ali RoadAsaf Ali Road, 4/8 Asaf Ali Road, Post Box 7044, New Delhi-110002, DelhiBKID0006001110013002011-23271714, 28833125
Bank StreetBank Street, Karol Bagh, New Delhi, 110005, DelhiBKID0006002110013004011-28855565, 28855566
Connaught CircusConnaught Circus, Central Ring, Connaught Circus, New Delhi-110001, DelhiBKID0006003110013006011-23322129, 28844062
Hauz KhasHauz Khas, G- 1, Hauz Khas Enclave, Mehrauli Road, New Delhi-110016, DelhiBKID0006005110013010011-28866059, 28866060
Karol BaghKarol Bagh, 13/38, Arya Samaj Road, Post Box No.2571, New Delhi-110005, DelhiBKID0006006110013015011-28855567, 25722640
Khan MarketKhan Market, 32/33 Raja Gyan Nath B, Corn Wallis Road, New Delhi- 110003, DelhiBKID000600711001301428844066, 24621849
Kirti NagarKirti Nagar, B/3, Tagore Market, Kirti Ngr Najafgarh Road, New Delhi, 110015, DelhiBKID0006008110013016011-25458465, 25468326
PaharganjPaharganj, 4/6 D Deshbandu Gupta, Road, Paharganj, New Delhi-110001, DelhiBKID0006009110013022
Rajendra PlaceRajendra Place, 16, Vikram Towers, , 1St Floor, New Delhi-110005, DelhiBKID0006010110013025011-28855569, 25730640
Hamdard DawakhanaHamdard Dawakhana, 1545 Gali Quesimjar, Bazar Lak Khan, New Delhi-110006, DelhiBKID0006012110013034011-28833131, 28833132
Kamla NagarKamla Nagar, 29 A, Kamla Nehru Road, Subjimandi, New Delhi, 110007, DelhiBKID0006013110013035011-23841477, 23843162
NarelaNarela, 2111 Kripa Niwas, Bawana Road, New Delhi- 110040, DelhiBKID0006014110013039011-27282248, 27282313
Parliament StreetParliament Street, Pti Building, 4 Parliament Street, New Delhi-110001, DelhiBKID0006016110013024011-28844067, 28844068
BhaktawarpurBhaktawarpur, Kasturba Road, Bhaktawarpur, New Delhi- 110036, DelhiBKID0006017110013038011-27721644, 27722256
Nehru PlaceNehru Place, Paras Cinema Building, Nehru Place, New Delhi-110024, DelhiBKID0006018110013020011-26417917, 26418812
Lajpat NagarLajpat Nagar, Feroz Gandhi Road, Lajpat Nagar Iii, New Delhi-110024, DelhiBKID0006019110013017011-29831670, 28898165
AzadpurAzadpur, Plot No 12, New Sabzi Mandi, New Delhi, 110033, DelhiBKID0006020110013032011-28877070, 28877071
East Of KailashEast Of Kailash, D-142, East Of Kailash, New Delhi–110065, New Delhi, 110065, DelhiBKID0006021110013008011-28898167, 28898168
Panchsheel7, Panchsheel Shopping, Centre, New Delhi, 110016, DelhiBKID0006022110013023011-26494311, 26498543

Products Offered by Bank of India in New Delhi

Based on the requirements, you can find your dream product at Bank of India to unleash your dreams. It’s exhaustive line of products that are waiting at BOI for you to grab. These products include the likes of personal loan, home loan, car loan, loan against property and others. Want to get an in-depth information of these products? Glance through the table below.

Basic Details of Bank of India in New Delhi

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 ₹ 1,00010-15 years

Documents You Need to Submit to Avail Loans from Bank of India in New Delhi

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

Documents You Need to Submit to Avail Loans from Bank of India in New Delhi
 

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