Is Bank of India regulated by RBI?

Bank of India appears on RBI's Banks in India master list. Licensing and branch status can change: confirm on rbi.org.in before transacting.

What type of bank is Bank of India?

esi.in lists it under Public sector banks in India. Deposits, loans, and payment rules depend on the license category.

Does DICGC insurance apply?

Many scheduled bank deposits are covered by DICGC up to applicable limits. Payments banks and some products have restrictions.

Does esi.in recommend this bank?

No. Educational directory only, not a rating, recommendation, or offer.

Bank of India - Public sector

About Bank of India

Bank of India is on RBI's public Banks in India list. esi.in helps students and households connect regulated banks to loans, savings, UPI, and insurance learning.

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Directory snapshot

Legal name

Bank of India

Official website

https://bankofindia.bank.in/

Before you bank or borrow

Verify live status on rbi.org.in.
Compare total loan cost-rate, fees, insurance bundling, foreclosure.
Use RBI ombudsman routes if service fails.
NBFCs differ-see NBFC directory.

FAQs

Is Bank of India regulated by RBI?: Bank of India appears on RBI's Banks in India master list. Licensing and branch status can change: confirm on rbi.org.in before transacting.
What type of bank is Bank of India?: esi.in lists it under Public sector banks in India. Deposits, loans, and payment rules depend on the license category.
Does DICGC insurance apply?: Many scheduled bank deposits are covered by DICGC up to applicable limits. Payments banks and some products have restrictions.
Does esi.in recommend this bank?: No. Educational directory only, not a rating, recommendation, or offer.

Source: RBI Banks in India (https://rbi.org.in/commonman/english/scripts/banksinindia.aspx). Educational only.