Bank of India is one of the country’s oldest operational banks. Established in 1906, it was the first bank that aimed to serve all communities of Indians equally, something unheard of at the time. The bank was nationalised as part of the first wave of bank nationalisation in 1969. Today, Bank of India is one of the largest banks in the country with over 5000 branches and 56 offices outside of India as well. They offer a wide portfolio of products for different needs and requirements with all the latest facilities and services.
Bank of India loans form a major part of their business. Quick and efficient processing of loan applications has been one of the hallmarks of Bank of India’s operations has set this public sector bank apart from other nationalised banks. Bank of India Loan products come under different categories targeted at individuals, NRIs, MSMEs, Corporate entities and rural banking. A brief overview of the various products of the bank of India is provided in the subsequent sections.