Bank of India

The bank offers multi banking facility to customers of network branches of the bank. As a part of this facility, the customers of one branch will be bale to transact on his account from any of the network branch of the bank. Currently this facility is available at 200 cities across the country. The various services available under multi branch banking includes cash payment, cash deposit, inquiry about the fate of a cheque, stop payment on a cheque, transfer of funds, balance inquiry and bank statement.

A group of eminent businessmen from Mumbai started the Bank of India (also known as BoI) on 7th September, 1906. Initially the bank was owned privately till it was nationalized in July 1969. Bank of India began its operations with just Rs. 50 lakh and 50 employees. Over the years, the bank has made rapid progress and has become a one of the leading financial institutions in the country with presence both in and outside the country. The bank has over 3000 branches spread all over the country consisting of 136 specialized branches. Among the nationalized banks in the country, the business volume of the Bank of India occupies a premier position