Bank Of India Punjab IFSC code, MICR code, Address
Bank Of India branch details in Punjab
Last Updated 20th Mar 2017
Bank Of India has 164 branches in Punjab spread over 21 districts of Amritsar, Barnala, Bhatinda, Faridkot, Fatehgarh Saheb, Fazilka, Firozpur, Gurdaspur, Hosiarpur, Jalandhar, Kapurthala, Ludhiana, Mansa, Moga, Mohali SAS Nagar, Muktsar, Nawanshahr, Pathankot, Patiala, Rupnagar, Sangrur, Tarn Taran.
Ludhiana district, with 43 branches has the largest number of Bank Of India branches in Punjab followed by Jalandhar district with 24 branches and Amritsar district with 21.
District wise distribution of Bank Of India branches in Punjab is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Bank of India has reported a net profit of Rs. 102 crore during the third quarter of FY17 against a loss of Rs. 1,505 during the same quarter of FY16. Gross non -performing assets of the bank declined by 0.92 percent on a year on year basis and reported at Rs. 51,781 crore as on third quarter ending FY17.
Bank of India has reduced its loan against property interest rate by 60 basis points. The revised LAP rate now stands at 10.50 percent as compared to 11.10 percent earlier. The rate is effective from 7th January, 2017.
Bank of India has reduced its home loan interest rates by 65 bps to 8.65 percent for women. The bank has also reduced home loan interest rates for other borrowers to 8.70 percent as compared to 9.30 percent earlier. The rates are effective from 7th January, 2017.
Bank of India has reduced its overnight and three month marginal cost of lending rate to 8.10 and 8.30 percent respectively. The revised lending rate for six months and one year now stands at 8.40 and 8.50 percent as compared to 9.15 and 9.25 percent earlier. The rates are effective from 7th January, 2017.
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