BOI to Absorb Full Perquisites Tax After FBOIOA’s effort

 In a major relief for its employees, the Bank of India (BOI) has decided to absorb 100% of the perquisites tax liability arising from concessional and interest-free loans provided to staff members. The move comes after persistent efforts by the Federation...

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FBOIOA launches ‘Sahayya’ scheme to provide interest-free financial assistance to officers

 A unique relief program called "FBOIOA Sahayya" has been launched by the Federation of Bank of India Officers' Associations (FBOIOA) to provide interest-free financial aid to officers who have had their salaries drastically reduced as a result of perquisite...

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Bank of India(BOI) Specialist Officer (SO) Recruitment 2025 for 180 Posts

 Bank of India (BOI), a prominent public sector bank, has released a notification for the recruitment of Specialist Officers (SO) across various disciplines up to Scale IV. Eligible candidates can submit their online applications from March 8, 2025, to March...

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A Loan Defaulter Mistreats BOI Staff and Attempts to Hostage Them

After being asked to pay his loan payment, a loan account holder stormed into a bank branch, misbehaved, and attempted to take the employees hostage. The event happened inside the Bank of India in Varanasi's Badi Bazar, and Shiv Pratap Singh Chandel, the...

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Attack on Cashier of BOI, Police arrested one accused

Manoj Kumar Singh, a cashier at the Bank of India, was attacked by three unidentified attackers on his way home from work on Saturday in Arwal, in a startling occurrence. The victim had stopped to purchase kabab paratha for his kids at a trisection near the...

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BOI Chief Manager sent to 3 Years Jail in Loan Fraud Case

For his role in a bank fraud case, Jeevangine Srinivasa Rao (J.S. Rao), the former chief manager of Bank of India's SM Road Branch in Ahmedabad, was convicted to three years in prison and fined ₹1.5 lakh by a special CBI court in Ahmedabad. On October 30,...

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High Court Orders BOI to Pay Dues to Employee Following Compulsory Retirement

 An employee who is given mandatory retirement in contravention of the law and then reinstated will be eligible to receive full pay and other benefits for the time they were out of work, according to a division bench of the Madhya Pradesh High Court. This...

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Bank Of India(BOI) Introduced Online Account Opening - Check Complete Process

The online Savings Account opening process is a simple and fairly easy one. Click here to begin your online bank account opening process, right from the comfort of your home. At Bank of India, you can also opt for the Video KYC (Know Your Customer) facility...

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