France
HongKong
Japan
Kenya
New Zealand
Singapore
USA
Tanzania
UK
Uganda
Vietnam
Antwerp
Dubai
IBU GIFT CITY
Indonesia
Accounts
Cards
Loans
Deposit
Accounts
MSME
Corporate
Merchant Acquiring Business
Authorised Branches/ Centralised Office
Export Finance
Investments
FX-Retail
Special Rupee Vostro Account
Govt. Product
Mutual Fund
Insurance
Accounts
Loans
Invest with us
Insure with us
Remit Money
Ancillary Services
Forms and FAQs
KYC - updation
Agri Products
Financial Inclusion
Ancillary Services
Loan/OD Against Securities
- Loans/Overdraft will be available in non-repatriable Indian Rupees.
- As per RBI Guidelines loans will be made available for personal purposes or for carrying on business activities except for the purpose of re-lending or speculative purposes or carrying on agricultural/plantation activities or for investment in real estate business.
- Repayment shall be made either by adjustment of the deposit or by fresh inward remittances from outside India.
- The loan can also be repaid out of local rupee resources in the NRO account of the borrower.
- For acquiring a flat/house in India for his/her own residential use subject to the provisions of the relevant Regulations made under the Act of Reserve Bank of India.
- As per current RBI guidelines in force, Rupee loans is allowed to depositor / third party without any ceiling subject to usual margin requirements
- For further details, please contact your nearest Bank of India Branch.
Loan/OD Against Securities
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
