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Credit Schemes

Announcements

Coronavirus (Covid-19) Notice 2 : Please read our Coronavirus (Covid-19) Notice 2 for latest updates

Customer attention please: Change in Branch Timings: In view of the UK Govt. instructions on travel restrictions, timings of Bank of India UK Branches will be changed to 10:00 a.m. to 02:00 p.m. w.e. View More...

Customer Notice - Coronavirus (Covid-19): support for our customers

REVISION IN DEPOSIT INTEREST RATE WEF 22/05/2020 View More...

Customer attention please: No Transaction Payments allowed w.e.f. 01/02/2019. Only viewing facility is available for all the Internet Banking Customers View More...

Bank of India is authorised in UK by Prudential Regulation Authority (PRA) and regulated by PRA & Financial Conduct Authority (FCA). Our financial service registration NO. is 204629 | A member of Fin View More...

No postal applications will be accepted for new Retail Deposits with effect from 02-08-2016, till further notice. View More...

Exchange Rates

Up to £999

  • INR
    95.05

From £ 1000- £ 4999

  • INR
    95.20

From £ 5000- £ 15000

  • INR
    95.25

Up to $ 10000*

  • INR
    75.15

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Credit Schemes

Loans and Advances

Trade Finance

Extending finance for commercial transactions involving :

  • Export / Import Trade
  • Discount of Usance Bills under LC
  • Negotiation of LC Documents

Retail Trade

Credit is made available to small and medium size business for meeting the cost of :

  • Fixed Assets
  • Working Capital

Advance Against Deposits

Temporary financial assistance to Individuals and business houses against :

  • Deposits held in our UK Branches
  • Deposits held in our Indian Branches

Real Estate / Property Development

Finance is provided for :

  • Acquisition of Commercial Property
  • Acquisition of Residential Property
  • Property Development Involving
  • Acquisition of Plot and immediately development as a project
  • Developing commercial / residential complexes

External Commercial Borrowings

For funding of expansion and modernisation we provide Foreign Currency Loans to :

  • Indian Corporates
  • Public Sector Undertakings

For further details please call us at 020 7965 2500 or 020 7965 2478.

Terms and Conditions

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Coronavirus (Covid-19): support for our customers

We are closely monitoring the coronavirus (Covid-19) situation in U.K. and taking sensible precautions to make sure our customers are not inconvenienced while dealing with our Bank of India, U.K. branches.

Read our advice below on the steps you can take to stay aware of any possible impact on your finances.