Bank Of India IFSC Code Ludhiana Ind Area Branch, MICR code, Address

IFSC Code of Bank of India LUDHIANA IND AREA, MICR Code of Bank of India LUDHIANA IND AREA

Get IFSC Code and MICR code of Bank of India, Ludhiana ind area, Punjab branch in LUDHIANA city along with the address

Bank	Bank of India
IFSC Code	BKID0006512 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	141013006
Address	LUDHIANA INDUSTRIAL AREA, DHANDARI, DISTRICT LUDHIANA, LUDHIANA, 141111, PUNJAB
Contact Number	1612510610
Branch	LUDHIANA IND AREA
City	LUDHIANA
District	Ludhiana
State	Punjab

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 10.50%*

Business Loan
@ 13.50%*

Loan Against Property
@ 8.50%*

Car Loan
@ 9.25%*

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Bank of India Interest Rates in LUDHIANA IND AREA, Ludhiana

	Interest Rates*
Bank of India MCLR Base Rate	8.00% - 8.40%	Past Trend
Bank of India Home Loan	8.65% - 8.70% Floating	Get Details
Bank of India Loan Against Property	10.50% - 10.50% Floating	Get Details
Bank of India Car Loan	9.35% - 0.00%	Get Details
Bank of India FD Interest Rate	4.00% - 6.70%	Get Details

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Other Bank Of India Branches in Ludhiana

Ludhiana Ind Area Ifsc Code

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

Bank Of India News - Aug 2017

2017-08-21 : Bank of India plans to cut savings bank account rate
Taking cues from State Bank of India, Bank of India (BoI) is also planning to cut its savings bank deposit rates not immediately but with an immediate effect. Meanwhile, the bank also plans to further focus on its retail, housing and MSME loans segment.
2017-08-21 : Bank of India puts bad loans worth Rs. 3,169 crore on sale
In a bid to clean up its balance sheet, Public sector lender, Bank of India (BoI) plans to sell bad loans worth Rs. 3,169 crore to the asset reconstruction companies (ARCs). Meanwhile, the lender had also appointed some special situation advisors as their financial advisor to assist with this transaction. Following the move, the bank also targets to focus on further strengthening its loan segment including home loans.
2017-08-09 : Bank of India reports growth in net profit at Rs. 88 crore
Bank of India has reported a significant growth in its net profit at Rs. 88 crore during the first quarter of FY18 as against a loss of Rs. 742 crore during the corresponding quarter of the previous fiscal year. Strong growth in net profit is due to the improvement in its asset quality and reduction in gross non-performing assets.
2017-07-18 : Bank of India launches ‘Project Connect’ to tackle bad loans
Bank of India (BOI) has announced the launch of a new initiative, ‘Project Connect’. The newly launched initiative will enable the bank to revive its performance and huge losses due to mounting bad loans during the two consecutive years.
2017-06-10 : Bank of India to divest stake in subsidiaries to raise new capital
Bank of India (BoI) is planning to sell stake in some of its non-core subsidiaries to raise fresh capital, as a part of its effort to deal with bad loans. Simultaneously, the bank is also planning to achieve strong growth in its retail and priority sector lendings in the coming months.

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