A commercial bank headquartered at Bandra Kurla complex in Mumbai, India, Bank of India (BOI) was founded over 100 years ago in 1906. It has always been a government owned bank since nationalization in 1969. The bank had 5100 branches in January 2017 and 56 offices abroad. It offers a wide range of services under the personal loan segment and is counted amongst the most preferred banks by people from all segments, for various financial services.
A great multitude of people avail Bank of India personal loan for their immediate financial requirements like wedding expenses, purchase of consumer durables, education expenses, medical expenses etc. It offers personal loans under two different schemes – BOI Star Personal Loan and BOI Star Mitra Personal Loan. While the former is the regular personal loan type, the latter is extended specifically to physically challenged people.