Bank of India Account Opening

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Bank Of India with its 5100+ branches spread across India aims at corporates, medium business and upmarket retail customers, and developmental banking for small business, mass market, and rural markets.

1. Pratham Savings Account:
   1. Designed for youth, minimum 18 years of age.
   2. Zero balance account.
   3. 5 variants - Normal, Classic, Gold, Diamond and Platinum.
   4. Debit card - The RuPay NCMC card is for normal, classic, and gold users, and the RuPay Select card is for diamond and platinum users.
   5. Group Personal Accident Insurance cover of Rs.50,000.
   6. Concession of 100% in Education Loans.
2. Savings Bank Account General:
   1. All resident individuals are eligible.
   2. Zero balance Account.
   3. 5 variants - Normal, Classic, Gold, Diamond and Platinum.
   4. Debit card - RuPay NCMC card for normal, Visa Classic card for classic, RuPay Platinum card for gold, RuPay Select card for diamond, and Visa Signature for Platinum users.
   5. Special RuPay Sangini Debit Card for Women users.
   6. 100% credit card charges waiver.
   7. Group Personal Accident Cover of Rs.1,00,000.
   8. Special Concessions for Women.
3. Pensioners Savings Account:
   1. For individuals drawing regular pensions from BOI.
   2. No age group is categorized as such.
   3. Zero minimum balance.
   4. 5 variants - Normal, Classic, Gold, Diamond and Platinum.
   5. Debit card - RuPay NCMC card for normal, Visa Classic card for classic, RuPay Platinum card for gold, RuPay Select card for diamond, and Visa Signature for Platinum users.
   6. 100% credit card waiver on issuance charges.
   7. Group Personal Accident Coverage of Rs.5,00,000.
4. Nari Shakti Account:
   1. For female customers.
   2. Zero balance account.
   3. Health insurance and wellness products are available at discounted rates.
   4. Personal Accident Cover of Rs.1,00,000.
   5. For every account opened, BOI donated Rs.10 to CSR for girl child welfare.
   6. 100% credit card waiver on issuance charges.
5. Star Savings Account:
   1. Saving Plus Scheme:
      1. A mix of Savings Bank Accounts and Term Deposit Accounts.
      2. Aim of maximizing the earnings of the customer.
      3. The minimum deposit in SB is Rs.1,00,000 and for term deposit is Rs.25,000.
      4. If there is access to Rs.1,00,000 in the SB portion, it will be automatically swept into SDR or DRB.
   2. Super Savings Plus Scheme:
      1. All those who can open SB A/c can open this account.
      2. Initial Deposit of Rs.20,00,000 and Avg. quarterly balance of Rs.5,00,000.
      3. Daily Sweep In and 15-day Sweep Out in multiples of 15 lakhs.
      4. Interest Rates as applicable.
      5. No premature withdrawal penalty in case of Seep In to meet SB requirements.
      6. All benefits of the SB Diamond account scheme.
      7. Nomination available.

Eligibility Criteria:

• A resident of India: You must be a resident of India to open these accounts and others as per the account.
• Other entities: For entities like associations, trusts, institutions, or clubs, you might need to inquire with the bank directly about the specific requirements and documents needed.

Documents Required for Online Account Opening:

• Aadhaar card
• Mobile linked to Aadhaar for OTP
• PAN card

The process to Open a Bank Of India Account Online?

• Open the website for the Bank of India. At the home page, click on the personal drop-down menu and select the savings account option.
• After this click on the Apply now option and then click on Apply now again on the new page.
• Enter your mobile number, read and agree with the privacy policy, and click on continue. Verify using OTP and confirm your Email ID, PAN, and Aadhar with the same procedure.
• Your Information will be taken from your Aadhar, whereas you can change your address using the option “Is Communication Address same as Permanent Address”. Also, select your branch and click on Submit.
• Now, confirm your personal information, select the customer type(General, Senior Citizen, Pensioner, Minor, or Joint), and click on continue.
• Confirm other personal details and enter the details that are not auto-filled. You also can have the option of having an Average Quarterly Balance and entering your Nominee details.
• Now, select your savings bank account and click on Know more to know about it. You can select the features you want with your account such as passbook, SMS, debit card, etc. Select appropriately and enter the necessary details.
• After this, go through the declaration, tick the boxes to agree, and click on Preview to recheck your details and edit if necessary.
• Once, you’re satisfied, click on Start video KYC, see the details, and click on Proceed and Later as you want.
• Once the video KYC is completed, account details will be given to you via SMS, Emil,, and the official.

Bank Of India Account Helpline:

Headquarter address	Star House, C/5 G Block, Bandra Kurla Complex-Bandra East, Mumbai - 400051 (Behind Wockhardt Global Headquarters)
Helpline contact number	1800 220 229 1800 103 1906
Helpline email address	cgro.boi@bankofindia.co.in