Bank of India: Purpose, Values, FAQ, Contact Details

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Bank of India is an Indian government-owned bank with headquarters in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969.

Purpose

It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. It also manages the country’s main payment systems and works to promote its economic development.

Values

  • Public interest.
  • Integrity and Independence of Views.
  • Responsiveness and Innovation.
  • Diversity and Inclusiveness.
  • Introspection and Pursuit of Excellence.

FAQ

How can I change my mobile number in BOI ATM?

If you have an active Bank of India ATM card, visit nearby atm and follow Insert ATM<Select Language<other requests<Mobile Update. Important Note: However, if you do not have the existing number then you must visit the nearest branch of the Bank of India.

How can I know my bank balance in Mobile?

The simplest and the most effective way to check bank account balance on your phone is to use a UPI app. To do this, you can download any UPI app from App Store or Play store. Once it is downloaded on your mobile, start the registration process. Enter the bank’s registered mobile number and click on generate OTP.

Is debit and ATM card same?

However, what we must know is that they are two different cards. An ATM card is a PIN-based card, used to transact in ATMs only. While a Debit Card, on the other hand, is a much more multi-functional card. They are accepted for transacting at a lot of places like stores, restaurants, online in addition to ATM.

What is a salary card?

The ‘Salary Card’ is a zero-touch digital card that will provide instant access for salaried professionals, enabling them to make instant purchases across thousands of merchants across India.

What is the USSD code?

Unstructured Supplementary Service Data (USSD), sometimes referred to as “quick codes” or “feature codes”, is a communications protocol used by GSM cellular telephones to communicate with the mobile network operator’s computers.

Contact Details

Head Office Address: Bank of India
Star House, C – 5, “G” Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Tel: 022-66684444

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