Mission and Vision

Our Vision"To Become The Bank of choice for Corporates, Medium Business And Upmarket Retail Customers And Developmental Banking For Small Business, Mass Market And Rural Markets."

Our Mission"To provide superior, proactive banking service to niche markets globally, while providing cost effective, respective, responsive service to others in our role as a development bank, and in doing so, meet the requirement of our stakeholders."

Quality Policy"We, at Bank of India, are committed to become the bank of choice by providing SUPERIOR, PRO-ACTIVE, STATE-OF-THE-ART Banking services with an attitude of care and concern for the customers and patrons.

Cold Storage

IntroductionCold storage India is the largest producer of fruits and second largest producer of vegetables in the world. In spite of that per capita availability of fruits and vegetables is quite low because of post harvest losses, which account for about 25% to 30% of production. Besides, quality of a sizable quantity of produce also deteriorates by the time it reaches the consumer. This is mainly because of perishable nature of the produce, which requires a cold chain arrangement to maintain the quality and extend the shelf life if consumption is not meant immediately after harvest. In the absence of a cold storage and related cold chain facilities, the farmers are being forced to sell their produce immediately after harvest which results in glut situations and low price realisation.

Status of cold storage & its potential in IndiaThe estimated annual production of fruits and vegetables in the country is about 130 million tonnes. This accounts for 18% of our agricultural output. Due to diverse agro climatic conditions and better availability of package of practices, the production is gradually rising. Although, there is a vast scope for increasing the production, the lack of cold storage and cold chain facilities are becoming major bottlenecks in tapping the potential. The cold storage facilities now available are mostly for a single commodity like potato, orange, apple, grapes, pomegranates, flowers, etc. which results in poor capacity utilisation.

Storage of foods & storage conditionsFoods and many other commodities can be preserved by storage at low temperature, which retards the activities of micro organisms. Micro organisms are the spoilage agents and consist of bacteria, yeasts and molds. Low temperature does not destroy those spoilage agents as does high temperature, but greatly reduces their activities, providing a practical way of preserving perishable foods in their natural state which otherwise is not possible through heating. The low temperature necessary for preservation depends on the storage time requiredoften referred to as short or long term shortage and the type of product.

Economic size of unit & land requirementsCold storage units can be used to store either a single commodity or multiple commodities. Depending upon the entrepreneur's financial health; it can be planned to store the produce entirely owned by him or on rental basis or in combination of the two. NABARD usually encourages cold storages where 70% of the capacity is available to farmers for storage on rentals. Financial viability of a unit depends upon the intended pattern of use and rental rate prevalent in an area. However, units entirely to be used by the owners are also considered for sanction. Considering 70:30 utilisation of the capacity for rentals and own use, a 5000 MT capacity unit is considered as.

TechnologyA cold storage unit incorporates a refrigeration system to maintain the desired room environment for the commodities to be stored. A refrigeration system works on two principles:Vapour absorption system (VAS), andVapour compression system (VCS)VAS, although comparatively costlier, is quite economical in operation and adequately compensates the higher initial investment.VCS is comparatively cheaper than VAS. There are three types of VCS systems available depending upon the cooling arrangements in the storage rooms i.e., diffuser type, bunker type and fin coil type. Diffuser type is comparatively costlier and is selected only when the storage room heights are low.

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ObjectivesPoultry devlopmentThe main objective of financing poultry is to increase egg/meat production by meeting financial requirement of the proponents who are willing to undertake poultry as a subsidiary or main occupation.

PurposeFinancing can be considered for the following types of poultry schemes.Establishment of small poultry (layer or broiler) units of 200 to 500 birds as subsidiary occupation by the farmers and agricultural labourers.Individual registered partnership firms limited companies and registered co-operative societies having necessary trained and technical personnel and management experts for running following commercial poultry units.Establishment/expansion of layer farm,Establishment/expansion of broiler farm,Establishment /expansion of hatchery farm,Establishment / expansion of production cum-processing units.

The following items are eligible for finance under different poultry schemes.a. Construction of brooder/grower houses, feed godowns, acquisition of electricity and water supply, purchase of cages, purchase of feeders, waterers, feed/egg, trolleys, vaccination equipments ,etc.b. Poultry co-operative may require finance for purchase of feed mixing plant, feed ingredients and for stocking of feeds for their members.c. Integrated layer units will also require finance for construction of broiler houses, purchase of machinery/equipment for dressing of bird, refrigerated storage facilities for dressed birds and refrigerated van for their transport.d. Hatchery units will require finance for egg rooms fumigation room, egg cooling room, room for egg incubators, room for chick sexing as well as and vaccination and packing room.e. Larger poultry units may also require finance for purchase of air conditioners, stand-by generator.

Eligibiltya. Individual farmers/agricultural labourers who are experienced/trained in poultry management are taking up poultry farming as a subsidiary occupation.b. Individual registered partnership firms, limited companies, etc., are eligible for bank credit for large poultry units. These units should have trained/ technically qualified personnel for running the unit.Land Development

IntroductionLand development Land degradation is the major problem of Indian Agriculture. Most of the land area in our country shows evidence of degradation, affecting thereby the productive resource base. Out of 329 million hectares of land in the country, about 175 million ha. (53 %) is suffering from degradation in some form or the other. There are 7.61 M ha of salt affected soils in India as per the Ministry of Agriculture, GOI. The extent of this problem area as given by different sources varies from 8.56 M ha to 10.9 M ha. Water logging affects another 8.52 M ha mainly in the irrigation commands, which includes some of the saline-alkali soils also.

Soil degradation takes place for various reasons like cultivation of same type of crops year after year, excessive use of chemical fertilizer. Excessive and uncontrolled irrigation, excess use of ground water also degrades the soil. Banks extend finance farmers for the purpose of Land Development and Development of Waste land.

PurposeLand leveling, reclamation of soil, bunding and any other soil conservation measures

Eligibilitya. Farmers owning landb. Farmers cultivating registered leased land

Quantum of LoanQuantum of loan will depend upon the estimated cost of the scheme. The nature of treatment and material required per unit of land should be ascertained from the concerned department of the state Govt.

SecurityPrincipal/Collateral:a) Loan limit upto Rs.50,000/- Term loan agreement (CHA-1)(mortgage not required)b) Loan limit above Rs.50,000/- 1. Term Loan Agreement CHA-1

2.Mortgage of land or declaration as per Agricultural Credit Act or Collateral Security of adequate worth. For legal Mortgage CHA-IV)

Other Common documents:a) Demand Promissory Noteb) L-515c) L-516d) Letter of Guarantee from Guarantor/s whenever considered necessary (CHA-3)

MarginLoan upto Rs.50,000/- NilLoan over Rs.50,000/- 15% to 25%

Mode of DisbursementThe loan amount should be disbursed in stages depending upon the progress as per project report. The hire charges for the machinery and implements should be paid directly to the executing agency after obtaining progress/completion statement from the farmer.

RepaymentNormally such loans should repaid within 9-15 years depending upon the loan amount and income of the farmer from various sources. Moratorium should be given to the farmer for repayment of loan if necessary.

The installments may be fixed half yearly/annually according to the cropping pattern and income generation. The due dates of installments should synchronize with the marketing of the crop produce.

Introduction Purchase of land The agricultural policy of the Government of India envisages doubling of the farm output during the next decade. Presently, the Bank provides finance to the farmers in the form of term loans for development purpose and short-term loans for production purposes. There is also a need to finance farmers for purchasing land to expand activities and make existing small and marginal units economically viable. This would enable farmers to diversify their present activities and take up allied activities.

Agriculture which is the lifeline of our country, is predominantly a land based activity and absence of resource support particularly for purchase of land especially by Small and Marginal farmers had been a cause for concern and come in the way of their economic development. Our Honble Union Finance Minister announced a package on 18 June 2004 to double agricultural credit within three years with 30% growth each year. The agricultural policy of the Government of India also envisages substantial credit flow to increase agricultural production and productivity. Banks provide agricultural term loans to farmers for investment purposes and short-term loans for production purposes. There is a need to finance farmers for purchasing land not only to expand their activities but also to make existing small and marginal units economically viable, diversify their present activities and to bring fallow lands and waste lands under cultivation.

ObjectivesTo make the small and marginal holdings economically viableTo bring fallow lands and waste lands under cultivationTo step up agricultural production and productivityTo finance the share croppers/tenant farmers to purchase land to enable them to increase their income

EligibilitySmall and marginal farmers i.e. those who would own maximum of 5 acres of non-irrigated land or 2.5 acres of irrigated land including purchase of land under the scheme. Sharecroppers and tenant farmers can also be covered under the scheme.

Coverage of WomenOwnership rights of land to women would lead to their empowerment. Hence, branches may encourage purchase of land by women, giving preference to those in distress, widows, SHG members etc within overall eligibility criteria as laid down under the scheme.

PurposeThe objective of the scheme is to finance farmers to purchase, develop and cultivate agricultural as well as fallow and waste lands. Banks may also consider financing purchase of land to enable the farmers to diversify into other allied activities. The bank while considering finance for purchase of land should obtain complete details of the project proposal of the farmer.

Farmer to be advised/encouraged to purchase land at one place and fragmented holdings may be discouraged with a view on saving on production expenses. However, farmers be financed purchase of land within village boundary or in a radius of 3 to 5 Kms to the satisfaction of the Bank as regards viabilityBOI Star Mahila SB Account

ParameterBOI Star MAHILA SB ACCOUNT

Target GroupWomen in the age group of 18 years and above-Including salaried employee (Govt./ PSU/ Private Sector/ MNC etc.)-Self Employed Professionals like Doctors, Entrepreneurs etc.Women with independent source of regular income like rentals etc.

EligibilitySingly or in joint names. The first account holder must belong to target group

AQB CriteriaAverage Quarterly Balance (AQB) of Rs.5000/-AQB shall be calculated for AMJ, JAS,OND & JFM quarters (forexample AMJ stands for April, May, June)

Opening of Account/ Minimum Daily BalanceNo Daily Minimum Balance RequirementHowever customer has to maintain Average Quarterly Balance (AQB) of Rs.5000/- or abovetherefore AQB Clause to apply

Charges for Non Maintaining Minimum Balance/AQBNo Penalty for Non Maintaining Daily Minimum BalanceIn case of Non maintenance of AQB of Rs.5,000/- Penalty will be levied as under:SB A/cs with cheque book facility:Penal charges: Rs.50/- per 3 months at all centresSB A/c without cheque book facility:Penal charges: Rs.25/- per 3 months at all centres

Charges for excess debit entries in Savings Bank account ATM / INTERNET transactions not to be counted / reckonedUp to 10 Customer induced debit entries a month : FREEBeyond 10 debit entries :FREE(Presently Normal Savings A/C is charged with Rs.10/- per entry for above 10 debit entries).

Personalized Cheque books per calendar year50 Leaves (Free)

Issuance of DD/Pay slips6 DD Per Quarter Freeif AQB in the preceding quarter is maintained at Rs.10000/- and above else DD charges applicable

Global Debit cum ATM CardFree Global Debit cum ATM cardNil Annual Charges from next year

Star Sunidhi Tax-Saving Deposit Scheme

A Scheme for long term savings investments, with Income Tax Benefits..

EligibleIndividuals & HUFs having PAN Numbers

Minimum DepositRs.10,000/-

Maximum DepositRs.1,00,000/- p.a.

Type of DepositFDR/MIC/QIC/DBD

TenureMinimum-5 yearsMaximum-Upto & including 10 years

Rate of interestAs applicable to our normal domestic term deposits

Premature withdrawalNot Permitted upto 5 years.

ApplicabilityAll branches in India

Nomination FacilityAvailable

Advance FacilityNot available for a period of 5 years from The Date of Deposit

Other BenefitsTax Exemption u/s 80c of the Income Tax Act

Other Terms and Conditionsi. In the case of Joint Accounts,only the first named Depositor will be eligible for deduction under Section 80c of the Income Tax Act.ii. No nomination shall be made in respect of aTerm Deposit applied for and held by or onbehalf of a Minor.iii. The Term Deposit shall not be pledged tosecure a loan or as security to any other advance.iv. Other terms and conditions as applicable to normal Term Deposits.

Capital Gain Tax Saving Scheme

CAPITAL GAIN ACCOUNTS SCHEME 1988Capital Gain Accounts Scheme 1988 is applicable to eligible taxpayers who wish to claim exemption u/s 54 for capital gain .

1Branches AuthorizedNon Rural Branches (i.e. All Semi Urban/Urban/Metro Branches

2Types of AccountsAccount A (Savings Bank) Account B (Term Deposit cumulative/ non-cumulative) (Savings Plus Scheme not permitted)

3Account Opening Form( KYC compliance)Form A (in duplicate) + Proof of Address + Copy of PAN Card + Photograph + unstamped HUF Letter in case of account is for HUF (non-trading)

4Rate of InterestAccount A Applicable to SB Accounts Account B As per Banks TDR Rates.

5Withdrawal##Amount can be withdrawn from deposit A(Savings Bank Account) by furnishing an application in form C alongwith Pass Book.( No cheque book will be issued.)

## Premature withdrawal from Deposit B (TDR) is permitted by converting account from B to A and by levying 1% penal interest for premature payment as in case of TDRs. Form B will be used for conversion of Account B to A.

6Further withdrawalFor subsequent withdrawal form D (in duplicate) by giving the details showing the manner/ purpose for which the previous withdrawal has been utilized Banks are not obliged to allow further withdrawal if above referred particulars are not furnished.

7Mode of paymentAny withdrawal over Rs.25,000/- should be affected by Bank, only by crossed DD.

8Utilization of Amount withdrawnAmount drawn from Account A has to be utilized within 60 days from the date of such withdrawal for the purpose mentioned in the relevant sections. Unutilized amount should be re-deposited in Account A immediately. Non-compliance of this rule will render the depositor to lose exemptions under relevant section.

Capital Gain Tax Saving Scheme

CAPITAL GAIN ACCOUNTS SCHEME 1988Capital Gain Accounts Scheme 1988 is applicable to eligible taxpayers who wish to claim exemption u/s 54 for capital gain .

9No LienAmount cannot be placed or offered as Security for any loan or guarantee and cannot be charged or alienated.

10Transfer of AccountAccount can be transferred to another Branch of the same Bank.

11Interest Exemption under I. T. Act 1961Interest is not exempted under Income Tax Act, 1961.TDS will be deducted at applicable rates on TDRs.

12Transfer from Account B to A or A to BThis is permitted Depositor will apply for this transfer in form B. If account A is not opened a new A will be opened on obtention of form A.

13Nomination by a IndividualForm E (Max. 3 Nominees)1st nominee shall alone have the right to recover the amount, after death of 1st nominee, 2nd has the right and after death of 1st & 2nd, the 3rd will get right.

14Variation/ Cancellation of Nomination by IndividualForm F for variation/ cancellation.Nomination will be entered in Pass-Book/ Deposit Receipt. No nomination will be made for other type of accounts (like HUF, minors)

15Issue of Duplicate Pass Book or ReceiptIn the event of loss or destruction of pass book or receipt, the branch may issue, on application made to it, a duplicate thereof

16Closure of Account1. Application in Form G with the approval of Assessing Officer who has jurisdiction to the depositor.2. If depositor dies, the nominee will make application in Form H with the approval of Assessing Officer (having jurisdiction over deceased depositor)3. If there is no nomination then legal heirs will apply in form H with the approval of Assessing Officer (having jurisdiction over deceased depositor).

17Overdue DepositBank may renew an overdue Term Deposit under Capital Gains Account Scheme and allow interest on such renewed TDR or a portion thereof from the date of maturity of deposit.

Chafggdgnnel Credit

Facility Drawee Bill Finance for Suppliers Drawee Bill Finance or Overdraft facility for Dealers.

Eligibility criteriaSponsoring Corporate can be a Manufacturing Unit, Wholesale Dealer of goods, Distributor of goods, or a Provider of Services. The Sponsoring Corporate should be rated SBS 1-3 and SBS 4-6 (previous rating of 'AA' and above). Facilities to Suppliers and Dealers would be extended based on the referral of the Sponsoring Corporate. Exposure to each Dealer to be based on the referral of the Sponsoring Corporate.

Financial criteriaSponsoring Corporate's referral letter to state that their past dealings with the Supplier/Dealer are satisfactory. No prior period of association to be prescribed.

MarginNil

Maximum exposureWithin the existing norms, for the purpose of financing under these liberalized terms, a cap of Rs.25 lacs is prescribed in respect of each Supplier and each Dealer. Above these limits, Bank's normal lending norms/procedures to be made applicable.Finance to Supplier to be outside MPBF of the Sponsoring Corporate and the stocks procured from Suppliers by this facility would be treated as "unpaid" stocks till the liability under the Bills is extinguished.

Tenor of the facilityMaximum 90 days exclusive of Free Period offered, if any

Grace periodGrace period of 03 days to Dealers only in cases where Post Dated Cheques are not obtained

Rate of interestSuppliers:1% below PLR, Min 10.25% pa. Zonal Managers shall have the discretion to approve a concession of 0.25% (10% floating). Further concession to be approved at HO level.

Dealers:ROI not below the rate for which the Sponsoring Corporate is eligible for W/C Finance against Book Debts.

Penal rate2% over the contracted rate.

Processing chargesNo processing charges for the suppliers.1% of limit fixed for each dealer payable up front at the time of sanction of limit to dealer.

Bullion Banking

Bullion

Our Bank is a nominated agency for bullion business since 1997. We are selling gold to Jewelry Manufacturer Exporters located in SEEPZ, Mumbai.

Gold is sold in KG bars to the Jewelry exporters under Two schemes: Outright sale - Jewelry Manufacturer Exporters can purchase gold on outright basis. Bullion Loan Scheme for Exporters - Jewelry Manufacturer Exporters can purchase gold on loan basis at competitive terms.The sale is subject to the rules and regulations prescribed by Reserve bank of India from time to time.

Bedit cards

Master Debit Card

(Valid Domestic & International) Can be used in any of the ATM and POS Maximum limit of cash withdrawn is Rs.25,000 per day in ATM Maximum amount that can be withdrawn per day is Rs.25,000 in POS

Bingo card

Exclusively for students Option of TOD facility upto Rs.2,500 The Master BINGO Card can be issued to youth between the ages of 15 years to 25years (Age at the time of issuance of card) for initial period of 5 years and thereafter the same will be renewed if the age of the card holder is still below 25 years

Debit visa cards Domestic

VISA Debit Card

(Valid Domestic & International) Can be used in any of the ATM and POS Maximum limit of cash withdrawn is Rs.25,000 per day in ATM Maximum amount that can be withdrawn per day is Rs.25,000 in POS The VISA Debit Card is a personalized card that can be used at domestic ATMs, POS and Ecommerce sites. The card can be issued to all SB, current and OD account holders

Internatiomnal

VISA EMV card

VISA EMV debit card is a chip based card and can be used globally, issued to savings, current, OD account holders.\

Visa Platinum EMV Card

VISA Debit Platinum card is a chip based card and can be used globally , issued to privileged customers i.e diamond account holders .

Debit rupay cards

Rupay Debit Card

(Valid in India) It can be issued to any account It can be used only in ATM and on a few POS Maximum limit of cash withdrawn is Rs.25,000 per day in ATM Maximum amount that can be withdrawn per day is Rs.25,000 in POS

RuPay Kisan Card

It can be issued to account of farmers It can be used only in ATM. Will be enabled at POS, as and when enabled by NPCI Maximum limit of cash withdrawn is Rs.15,000 per day in ATM Maximum amount that can be withdrawn per day is Rs.25,000 in POS

Rupay Punjab Arthia Card

Rupay Punjab Arthia card is only applicable for Punjab food procurement project whereby cards are issued to Arthias(Commission Agents)with unique Code provided by competent authority.

Sangini Debit Card

Sangini Debit Card is Bank of Indias first Debit Card exclusively designed for Women. It is a Personalized Magstripe Debit Card, issued under RuPay platform. This card is valid for 5 years. You can use this Card at any domestic acquiring systems like ATM or POS machines accepting RuPay Cards. You can use Sangini Debit Card for e-commerce transactions on the Internet for on-line shopping, buying travel or movie tickets, paying your bills and much more

Target Group Women in the age group of 18 years and above.

Eligibility All Women account holders. They can be either Single or Joint account holders. If you are a Mahila Savings Bank Account customer, you can also apply for this Card and enjoy its benefits.

Daily Withdrawal & Transaction Limit At BOI ATMsOther Banks ATMAt POS Machines

Sangini Debit CardRs. 25,000/-Rs. 10,000/-Rs. 25,000/-

Charges For the First year it is FREE. From the second year onwards 50% of the prevailing rates.YearOther Debit Card ChargesSangini Debit Card ChargeSangini Debit Card in BOI Star MAHILA SB ACCOUNT Charge

1st YearFREEFREEFREE

After 1st YearRs. 120/- (for Branches in Metro and Urban Areas)Rs. 60/- (for Branches in Metro and Urban Areas)FREE

After 1st YearRs. 60/- (for Branches in Semi-Urban and Rural Areas)Rs. 30/- (for Branches in Semi-Urban and Rural Areas)FREE

Special Concessions 50% concession in the annual fees(as table above) Bank of India offers 50% MORE Star Points (Loyalty Reward Points) to Sangini Debit Card Holders. You get 1.5 Points in place of 1 Point for every Rs.100 spent, for every card usage at POS/e-commerce transactions. These points can be redeemed against very lucrative range of services/goods.

Other Debit Card PointsSangini Debit Card Points

Points11.5

*calculated at the end of the monthEach point earned by the customer will be valued at Rs.0.25. These points so earned can be redeemed at any point of time upto next 36 months from the month of purchase.The redemption of these reward points can be done after threshold limit of 100 points in exchange of various Gift items including over 2 million merchandise and Movie Tickets/Bus Tickets/Air Tickets/ Gift Vouchers etc.