No
matter wherever we are, owning a bank account is an essential part of
life. Banks are the financial institutions that take care of our
various financial transactions.
Banks encourage saving and also provide financial aid when required by lending money for various purposes. Bank also keep our money and other precious material safe, it provides a sense of safety by keeping our money and other precious belongings safe and secure. Modern day banking has evolved a lot there are various services that now being included in banking system. Now banking is far easier, convenient and hassle free.
Banks encourage saving and also provide financial aid when required by lending money for various purposes. Bank also keep our money and other precious material safe, it provides a sense of safety by keeping our money and other precious belongings safe and secure. Modern day banking has evolved a lot there are various services that now being included in banking system. Now banking is far easier, convenient and hassle free.
Now
banks provide various privileges to their customers which make their
banking experience better than before. With the advent of internet
banking the financial transactions have become fast, it takes less
time to execute a financial transaction now.
Internet
banking not only gives user the freedom of banking from home, which
eliminates the requirement of user visiting the branch as user can
operate its account through internet from any location. This facility
has greatly reduced the burden of managing customers at branch; the
customer can execute financial transaction by itself and view and
download account statement.
There
are various banks that are operating in India and providing services
through out the country. Bank of India is one of the oldest banks
operating in India. It is more than 100 years of operation of this
bank.
Bank
of India was founded in year 1906. The bank was nationalized in year
1969. This bank was started from Mumbai on small scale. Now bank has
made tremendous growth, not only it has made its presence felt in the
nation but it has also started operation outside the country.
The
bank of India is focused on providing cost effective banking to its
customers and become a development bank. The bank is also focusing on
becoming bank of choice for Corporates by providing superior,
proactive and innovative banking to customers.
Bank
of India also focuses on the rural market on India. It has started
various schemes for the rural market. It helps farmers through
various schemes like Kisan Credit cards BOI Krishi cards and Kisan
Samadhan Cards.
The
bank is also involved in financing various corporate projects; it
also offers loan and financial assistance to medium and small scale
industries. It also offers services like internet banking, debit card
and credit card to its customers.
Banking
tenders are considered as one of the most profit generating tenders.
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