Bank of India was founded in 1906 in Mumbai. Now Bank of India is one of the largest banks in India, providing banking products and services to individuals, SMEs, farmers and corporations.
Bank of India participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Bank of India is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Bank of India is headquartered in London.
Bank of India is authorized and supervised by the Financial Conduct Authority (reference number 204629).