Bank of India Pune

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About Bank of India

Somebody has rightly said, “where there is a will, there is a way”. When the country was fighting for its freedom against the British Empire, nobody had an idea that a bank could emerge on the scene. It was due to the endeavours of few businessmen in the city of Mumbai that helped them lay a foundation of a banking empire in the form of Bank of India (BOI). The inception of the bank dates to as old as September 1906. The bank, which commenced its operations with a paid-up capital of ₹ 50 lakhs and 50 employees, is now doing business in crores on the back of both deposits and loans.

In its journey, the bank has gone through interesting developments. The Government of India took control of the bank which was under private management for more than 6 decades in 1969. Almost decades after that, came the initial public issue of BOI in 1997. 11 years down the line, the bank saw Qualified Institutional Placement (QIP) in 2008. What BOI has done wonderfully well is by crafting the products according to the requirements of customers.

The bank boasts of expertise in various fields of banking-Corporate, Retail, NRI, MSME and others. Like many other PSU banks, Bank of India also has the presence in rural areas, in addition to its visibility in the top cities and towns.

Talking of the operational existence, one would have to say Bank of India has done a commendable job by expanding its branch count to over 5,000 across the country. The bank also lets people from as many as 22 foreign countries avail its services. Top cities like Tokyo, London, Singapore, New York and others are also covered by the bank.

Pune, the IT hub of India, is having around 50 branches of Bank of India. If Pune is the city you are living in and BOI is one you want to bank with, you should get aware of its branch locations. A table below will act as a perfect guide to take you through to the nearest BOI branch in the city.

Bank of India Pune Branches

Branch NameComplete AddressIFSCMICRContact Detail
Sahakar NagarSahakar Nagar C&P, Plot No. 4, Cts1894, Parvati, Pune- 411009, MaharashtraBKID0000513411013015
Fergusson RoadFergusson Road, 1201 C A Shivaji Nagar, Pune, 411004, MaharashtraBKID0000514411013014020-25532073, 24220825
ShaniparShanipar, 1439, Shukrawar Peth, Pune–411002, MaharashtraBKID0000515411013007020-25890821, 25893222
Shivaji NagarShivaji Nagar, 36/1 Bombay Pune Road, Wakde Wadi Pune, Pune- 411003, MaharashtraBKID0000517411013016
Jangli M RoadJangli M Road, 573/3 Jm Road, Shivajinagar, Pune-411004, MaharashtraBKID0000518411013017
WanawadiWanawadi, 9, Anchor House, , Lulla Nagar, Wanawadi, Pune-411040, MaharashtraBKID0000520411013019020-26830037, 26831054
Pune Corporate Banking BranchPune Corporate Banking, 1162/6, University Road, Near Observatory, Pune-411005, MaharashtraBKID0000521411013023020-25510394, 25510395
Spicer CollegeSpicer Memorial College, Campus, Aundh, Pune- 411007, MaharashtraBKID0000522411013030020-25885725, 25893990
Kothrud (Guj Colony)Kothrud(Gujarat Colony), 133/1Behede Cmplx, Near, Anandnagar Paud Road, Pune-411029, MaharashtraBKID0000523411013029020-5431827, 5460490
MIT CollegeMaharashtra Academy Of Engineering And Educational Research, S.No.123, Mit Campus, Kothrud, Pune- 411038, MaharashtraBKID0000530411013031020-25532175, 25537470
Pune ARB1162/3 Shivaji Nagar, Bank Of India Zonal Office, Pune 411005BKID0000531411013038020-25520621, 25521528
Warje MalwadiWarje Malwadi, S.N. 139/1, Opp. National Highway, Pune- 411040, MaharashtraBKID0000533411013033020-25230749, 25235155
Pune Retail HubPune Retail Hub, 1206 V 1/19 Cifco Cent, Jangli Maharaj Road, Pune, 411005, MaharashtraBKID0000535411013035020-25520726, 25539588
AundhAundh-Baner, Gulshan, 273/1/, B, Baner Road, Near Nachlket Park, Pune, 411045, MaharashtraBKID0000536411013037
Viman NagarNirmal Building, Plot No 68/1 S No - 199 - 204/204/206(P) 209(P), Near Telephone Exchange Viman Nagar, Pune-411014, MaharashtraBKID0000537411013039
Pune Service BranchPune Service Branch, 592 Sadashiv Peth, Laxmi Road, Pune- 411030, MaharashtraBKID0000550411013001020-24451302, 24452922
Uttam NagarUttam Nagar, Laxminiwas Building, More Colony, Post Kopr, Pune-411023, MaharashtraBKID0000613411013024020-25290954, 25291448
VishrantwadiVishrantwadi Branch Show Room No - 56 At Shoppers Orbit S No - 44, A/2 Sub Plot No - 1 Pune - Alandi Road Dhanori, Vishrantwadi Pune-411015, MaharashtraBKID0000539411013042020-20268801
Sinhagad RoadLaxminarayan Sankul S No 120 A+B , Near Navashya Maruti Mandir, Pune Sinhagad Road, Pune 411030, MaharashtraBKID0000538411013043020-24254501
Pune Large Corporate1162/6 Shivaji Nagar University Road Pune- 411005, MaharashtraBKID0000540411013044020-25531005

Products Offered by Bank of India in Pune

From funding for your dream car to buying a property at your favourite location, the bank provides unique services to match the requirements of a wider section of the population seeking loans and deposits. As far as loans are concerned, you can apply for a home loan, personal loan, car loan, loan against property and others. These loans do come with certain eligibility criteria. And there are various other aspects that you should know before applying for any of the products stated above. To your help, there is a table below showing the list of products offered by BOI in Pune.

Basic Details Regarding Loans at Bank of India in Pune

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
BOI Star Home LoanSalaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligibleUpto ₹ 5 Cr8.75% - 8.80%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 lakhs12.00% - 14.00%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 Must Have Before Applying for Loans at Bank of India in Pune

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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