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The BOI is a commercial bank headquartered in Mumbai, and it is one of the top 5 banks of India. It has 5000 branches in the country. With expansion 56 more offices are open in around 22 foreign countries. It is also the founding member of the Society for Worldwide Inter Bank Financial Telecommunication that provides cost-effective processing and communication services. For its account holders, it offers some world-class banking facilities. It was founded on September 7 by a group of eminent businessmen from Mumbai. It was under private ownership till July 1969, and later it was nationalized along with 13 other banks. It announced its public issue in 1997 and followed on Qualified Institutions Placement in February 2008. It helps the customers to perform an account balance check in multiple ways, which are ATM, Bank Passbook, Net Banking, SMS Banking, BOI Mobile apps.
Nationalized Bank
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