Information only
Bank of India is a public sector bank under Reserve Bank of India (RBI) regulation. RBI lists its address as Mumbai (Bandra East). The bank was founded in Mumbai in 1906 and was nationalised in 1969. This page is an information summary, not an offer. Bank of India's loan pages could not be opened for this review on 8 November 2026, so the product notes below rest only on bank page titles that appeared in search results and should be confirmed on the bank's own website.
Loans it offers
Loan products Bank of India's site is known to cover
| Loan | What to know |
|---|---|
| Education loans | The bank's site lists variants called Star Education Loan, with versions for study in India, study abroad, working professionals and a Progressive version, plus a Star PM-Vidyalaxmi loan. |
| Home loans | A Star Smart home loan page exists on the bank's site, with a loan calculator. |
| Gold loans | The bank publishes gold loan application forms in several languages. |
| Retail loan pricing | The bank publishes separate rate sheets for floating-rate and fixed-rate retail advances, which show which retail products it prices. |
Related LOANZ 360 guides: education loans, home loans, gold loans, personal loans and business loans. The bank's own website is the record of its current products.
Key facts
| Fact | Detail |
|---|---|
| Regulator category | Public sector bank |
| Registered office (RBI listing) | Mumbai, Maharashtra (Bandra East) |
| Ownership | Majority-owned by the Government of India |
| Founded | 7 September 1906, by a group of Mumbai businessmen, according to the bank's website |
| Nationalised | 1969, with 13 other banks |
| Legal basis | A body corporate under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, according to the bank's filings |
| Head office | Star House, Bandra-Kurla Complex, Mumbai, according to the bank's filings |
As of 8 November 2026, RBI lists Bank of India as a public sector bank.
Before you apply
- Ask the bank which loan types you can apply for, since the product list here is not confirmed from its pages.
- Education loan variants differ by course type and borrower profile; ask which one applies to you and what security and co-borrower the bank needs.
- Request the Key Fact Statement and check the APR; processing, foreclosure and penal charges are set by the lender.
- Comparing your details with eligibility criteria first helps avoid unnecessary credit enquiries; too many lender checks in a short time can lower your score. Checking your own score does not.
Use the interest rates page to compare published rates, and the lenders directory for other banks. The lender page label (lending partner or information only) is drawn from live data by this site. If Bank of India is shown as information only, apply on its website.
Last updated 12 Nov 2026