Below is a list of accounts and saving products offered by Bank of India Kenya. We also list their loans and branches, where each branch has contacts:
Deposits
Current Deposits
Current accounts can be opened by individuals, business community , corporate bodies or the like where the account holder has often to receive money and to make a number of payments. These are very active accounts. No interest is paid on balances in these accounts and there are no restrictions as to the number of deposits into and withdrawals from the account per day.Cheque books are issued in these accounts.
| Current Deposits | |
| The scheme and its benefits | -Suitable for business requirements of small, medium or large enterprises, business people, corporate organizations, sole proprietorships and partnership firms. -Secure and easily accessible -Unlimited deposits and withdrawals -Cheque Book facility available -Free monthly statement -Internet banking with view facility |
| Rate of Interest | No interest payable |
| Currencies | Deposits can be in KES, USD, GBP, EUR |
| Minimum Balance | Kshs. 25,000/- |
| Charges | Please refer Charges & Fees |
| Know Your Customer (KYC) norms | Applicable as per norms |
| Types of Accounts | Individual — Single Accounts Two or more individuals — Joint Accounts Religious Institutions Educational Institutions Corporates Partnership Firms Sole Proprietorship Firms |
Savings Bank Deposits
Savings Bank accounts can be opened by individuals and the like where the account holder deposits money for the purpose of savings. There is no restriction on the number and amount of deposits to be made on any one day. Balances in these account earn interest and the amounts from the account can be withdrawn when needed. These accounts can be opened with or without cheque book facility.
The interest rate on Savings Bank Deposit Accounts has been changed to @ 1.50% with effect from 01.10.2018.
| Savings Bank Deposits | |
| The scheme and its benefits | -Savings Bank accounts are basically for regular savings -Secure and easily accessible -Cheque Book facility available -Free monthly statement -Internet banking with view facility |
| Rate of Interest | For Kenyan Shillings, 1.50 % p.a.; for other currencies Nil |
| Currencies | Deposits can be in KES, USD, GBP, EUR |
| Charges | Please refer Charges & Fees |
| Know Your Customer (KYC) norms | Applicable as per norms |
| Types of Accounts | Individual — Single Accounts Two or more individuals — Joint Accounts Religious Institutions Educational Institutions Corporates |
| Withholding Tax | Payment of interest is subject to applicable withholding tax stipulated by KRA from time to time |
Term Deposits
Term deposit accounts can be opened by individuals , corporate bodies ,etc. These deposits are for a period of 30 days or more. The interest payable on these deposits is higher than that payable in savings bank deposits. Receipts are issued for each deposit made under this scheme.In case of need these deposits can be prematurely encashed.
| Term Deposits | |
| The scheme and its benefits | Term/Fixed Deposit gives higher rate of interest with longer periods of deposit. The amount is secure and can be easily liquidated |
| Rate of Interest | Please refer the Interest Rate chart |
| Currencies | Deposits can be in KES, USD, GBP |
| Know Your Customer (KYC) norms | Applicable as per norms Should be an SB/CD/OD/CC account holder of the Bank |
| Types of Accounts | Individual — Single Accounts Two or more individuals — Joint Accounts Religious Institutions Educational Institutions Corporates |
| Minimum Period | 91days |
| Maximum Period | 5 years |
| Minimum Amount | No limit |
| Maximum Amount | No limit |
| Premature withdrawal | No interest payable, at present |
| Loan/Overdraft against TDR | Allowed except in case of minors. Rate of Interest on loan will be priced at a rate more than the deposit rate as per Bank’s norms. |
| Withholding Tax | Payment of interest is subject to applicable withholding tax stipulated by KRA from time to time |
Bank of India Kenya Loans & Advances
Housing Loan
- I) Title of the Scheme –
Our Scheme for Housing Finance is known as “Star Home Loan Scheme”.II) Purpose of Loan :-
- To purchase/construct house/flat on ownership basis.
- To renovate/extend/repair existing house/flat.
- To purchase a plot of land and construction of house (Only composite loan) .
- To acquire household articles along with the house/flat – for furnishing the house/flat.
III) Eligible – Borrowers:-
The Scheme is targeted to attract select customers who are –
- In permanent salaried employment; or
- professionals like Doctors, Lawyers, Engineers, etc.; or
- self-employed persons having regular income; and/or having any other regular source of income.
- Corporate borrowers or other corporate entities for extending finance to them for purchase or construction of dwelling units for their employees.
- Proprietary firm / Partnership firm / corporate borrowers.
- IV) Age : Repayment Period for salaried persons as well as others : Up to the age of 70
Age mentioned above is the outer limit i.e the age by which the repayment period should be over. It is not an entry age. - V) Income
- For Salaried : Latest Annual Salary Certificate, Monthly Salary slip for 3 months from employer showing name, designation, details of deductions from salary and copies of income tax returns for last 3 years.
- In case of businessmen: Copies of financial statements (preferably audited) and Income Tax Returns for last 3 years.
- Family members can be taken as co borrowers to meet income/EMI criteria as per details below:-
a.In case owner of property is male: Wife, parents, sons, daughter-in-law
b.In case owner of property is female: Husband, parents of husband, sons, daughter in law.
VI)Margin:-
| Quantum of Loan | Margin* on Home Loan for 1st Home | Margin for 2nd or subsequent house [with our without existing home loans] |
| UptoKsh 25.00 Mn | 20% | 30% |
| Over Ksh 25.00 Mn to KES 100.00 Mn | 25% | 35% |
VII) Net Take home Pay/Income (NTH):
In respect of home loan to individuals: Net take home pay/income (Net of EMI of proposed loan) is stipulated as under:-
| For Individuals | % |
| Gross Monthly Income upto Ksh 100,000/- | 40% |
| Gross Monthly Income over Ksh 1,00,000/- uptoKsh3.00 Mn | 30% |
| Gross Monthly Income over Ksh 3.00 Mn | 25% |
| For Firm / Corporate | DSCR- 1.5 |
VIII) Quantum of Loan: (Ksh In Mn)
| Purpose | Min.Limit | Max.Limit |
| i. Construction/Purchase of a house/flat – | 5.00 | 100.00 |
| ii. For purchase of a plot | 5.00 | 25.00 |
| iii. For addition/extn./repair/ renovation of house/flat | 5.00 | 50.00 |
| iv. Furnishing of house/flat, Solar PVs [15% of Home Loan]. | *2.00 |
- IX) Calculation of Quantum of Loan :
Calculation of Quantum of Loan is linked to the Income of Proponent/borrower as mentioned below :-
| Category | Quantum of Loan |
| Salaried Employees : | 72 times of gross monthly salary OR 6 times of gross annual income based on Income Tax Returns; |
| Self-employed/Professionals Individuals engaged in Trade/ Commerce/ Business : | 6 times of their gross annual income based on Income Tax Returns; |
| Prop. FirmPartnership firm/Corporate Borrowers : | 6 times of cash accruals (PAT + Depreciation) as per their audited Balance sheet/P&L A/c. |
- X) Repayment*
| Sr.No | Particulars | Repayment Period |
| 1 | For new Construction / New Purchase from builder | Normal Repayment Period -20 Years including moratorium period upto 24 months. |
| 2 | For 2nd/3rdPurchase | 20 Years Including moratorium period of 24 months. |
| 3 | For Repair/Renovation /Addition /Alteration | 10 Years |
- XI) Security:
Legal mortgage of the land/flat/house proposed to be financed, guarantee of spouse if he/she is not a co borrower, consent from the spouse for creation of charge over the property .
XII) KYC Norms:- As per CBK guidelines
XIII) Rate of interest:
For Individuals:-
For limits in KSH- Base Rate +0.00%pa
For limits in other currencies- Applicable 3M/6M USD/EURO/GBP Libor+ 6.00%pa
For Others:- Risk Based Pricing
XIV) Processing charges:
One time 1.00%pa
- XV) Other costs:- External costs like cost of valuation, legal cost , insurance, stamping
to be incurred by the borrower separately.
*Other terms and conditions apply
Loan Against Property
- PURPOSE:
- To meet the credit needs of trade, commercial activity, other general business/ profession, as also for their bona fide requirements;
- To meet educational expenses of family members including near relatives;
- To undertake repairs/renovation/extension to the residential/commercial property;
- To purchase / construct residential house / flat, purchase of a Plot of land for construction of house/premises for business/commercial use against property already owned by the proponent;
- TARGET (ELIGIBLE) CUSTOMERS:
People engaged in trade, commerce and business, professionals, self-employed, individuals with high net worth, salaried people, proprietary firms, Partnership firms, Companies (Pvt. /Public Ltd.,)INELIGIBLE PERSONS :
NBFC, Trusts are not eligible for advances under the scheme.3.MAXIMUM AGE LIMIT:
Individuals in permanent service and others max. 60 years (age limit is the maximum age at the end of the repayment Period; It means the entire loan is to be liquidated by the above age. It is not an entry age).4. TYPE OF ADVANCE :
(a) Demand / Term Loan (Repayable by installments);
(b) Overdraft (Reducible limit as per repayment schedule);
(c) Overdraft (Non-Reducible-For other than individuals) - QUANTUM OF ADVANCE : (Ksh in Mn)
| – | Business purpose | Other bonafide purposes | ||
| Min. | Max. | Min. | Max. | |
| Demand Loan / Term Loan | 10 | 100 | 1 | 20 |
| Overdraft (Reducible) | 10 | 100 | 1 | 20 |
| Overdraft (Non-Reducible) | 10 | 100 | – | – |
- CALCULATION OF QUANTUM OF ADVANCE
| QUANTUM OF ADVANCE | ||
| 1) | Individual-Salaried/ Self-employed/ Professionals / Traders. | 48 times of average monthly net emoluments (take home salary) based on salary slip OR 4 times of net annual income with other rental income from property etc. based on KRA returns for last 2/3 Financial Years. |
| 2) | Others i.e. Prop./Partnership firm/Company etc. | For Loans/ Reducible Overdraft : 4 times of average net annual income of last 2/3 years based on IT Returns for last 2/3 Financial Years or 4 times of average cash accruals(Profit after tax + depreciation) for last 2/3 years, as per their Balance Sheet/P&L Account for last 2/3 financial years. For Overdraft( Non reducible) 20% of annual turnover based on last (F.Y)audited balance sheet of the proponent. Balance sheet to be obtained for last 2/3 Years.-based on its number of years existence. |
- MARGIN (ON VALUE OF PROPERTY) :
The loan limit will be based on valuation of property (Market value, Distress Sale Value, Forced Sale Value) , 60% margin on market value / 50% of distress value or 40% of forced sale value , whichever is lower.8. REQUIREMENT OF NET TAKE HOME PAY /DSCR- FOR LOANS :
a) For individuals: Net take home pay (net of EMI of proposed advance) is not less than 40% of gross income of the applicant.
b) For Prop. Firm/Partnership Firm/Company(Loan /Reducible OD): DSCR: Min.1.5;
c) For Overdraft facility(Non-reducible ) :ISCR Min.1.5.9. REPAYMENT :
| REPAYMENT | |
| For loans (Repayable by installments) | Within a period of max. 10 years by way of equated monthly installments (EMIs) (including the moratorium period, if any). The repayment should commence from the month subsequent to the month in which final disbursement is made or 6 months from the date of first disbursement, whichever is earlier. |
| Overdraft : (Reducible Limit) | Interest to be serviced on monthly basis, as per sanction terms; Drawing Limit to be reduced on monthly basis as per sanction terms to bring down the balance to zero at the end of repayment period. Total Repayment period of max. 10 years. |
| Overdraft: (Non-reducible) | Interest to be serviced on monthly basis, as per sanction terms. |
- SECURITY :
- Legal mortgage charge over the property (The property offered should be a residential or a commercial building or a plot of land (residential/ commercial) and the property to be mortgaged should be in the name of the applicant or his/her spouse or close relative or between persons representing relationship such as firm/proprietor or partnership/partners, company /directors.
- The person /entity in whose name the property to be mortgaged stands should be taken either as co-borrower or a guarantors;guarantee of spouse if he/she is not a co borrower, consent from the spouse for creation of charge over the property .
- Guarantee of spouse if he/she is not a co borrower, consent from the spouse for creation of charge over the property .
- KYC Norms:- As per CBK guidelines
- Rate of interest:
For Individuals:-
For limits in KSH- Base Rate +0.00%pa
For limits in other currencies-Applicable 3M/6M USD/EURO/GBP Libor+ 6.00%pa
For Others:- Risk Based Pricing - Processing charges: One time 1.00%pa
- Other costs:- External costs like cost of valuation, legal cost , insurance, stamping
etc. to be incurred by the borrower separately.
*Other terms and conditions apply
Fee and Charges
GENERAL
| Sl No | Item Description | Customers -New Shcedule (Excl. Excise Duty @ 20 %) | Others -New Shcedule (Excl. Excise Duty @ 20 %) |
| 1 | CHEQUE BOOK | Kshs. 15/- (including stamp duty of Kshs. 2.50) per leaf |
For staff only stamp duty @ Kshs. 2.50 per leaf |
| 2 | WITHDRAWAL FORM/ COUNTER CHEQUES (FOR CHEQUE BOOK HOLDERS) | Kshs. 50/- per Instrument (Max. withdrawal is Kshs 100,000/- per day) | |
| 3 | STOP PAYMENT INSTRUCTIONS | Kshs. 500/- per cheque If entire cheque book is lost, Max. Charge -Kshs. 5,000/- |
|
| 4 | STANDING INSTRUCTION | i. At the time of acceptance-Kshs. 500/- ii. Execution per instance – Kshs. 100/- iii. Amendment / Stoppage – Kshs. 500/- iv. Inability to carry SI on account of insufficient balance – Kshs. 1,000/- |
|
| 5 | SALARY PROCESSING | Kshs. 150/- per Employee | |
| 6 | CASH HANDLING FOR LOCAL CURRENCY (RECEIPT ONLY) | Kshs. 1.00 Mn and above per day – 0.125 % | |
| 7 | CASH HANDLING CHARGE FOR FOREIGN CURRENCY (RECEIPTS ONLY) | In USD or Equivalent i) Up to 5,000/- – Nil ii) Above 5,000/- up to 10,000/- – 0.125 % iii) Above 10,000/- up to 15,000/- – 0.250 % iv) Above 15,000/- up to 20,000/- – 0.50 % v) Above 20,000/- – 1 % |
|
| 8 | MINIMUM BALANCE CHARGES | i. Current Aaccount (Average Monthly Balance Kshs. 25,000/-) – Charge Kshs.s. 500/- ii. SB Accounts – No Charges |
|
| 9 | CHANGE OF SIGNATORY INCLUDING RECONSTITUTION OF ACCOUNT (ADDITION DELETION IN JOINT NAME INCLUDING LOCKER) | i. Individual – Kshs. 200/- ii. Non-Individual – Kshs. 500/- (No charge for change of name/signatory due to death of one account holder) |
|
| 10 | CHARGE FOR INTERNAL TRANSFER WITHOUT USING CHEQUE BOOK (FOR CHEQUE BOOK HOLDERS ONLY) | Per Entry Kshs. 50/- | |
| 11 | ACTIVATION OF DORMANT ACCOUNT | CD Account – Kshs. 200/- | |
| 12 | ACCOUNT CLOSURE CHARGES | CD Account – Kshs. 1,500/- | |
| 13 | LEDGER FEE/PER ENTRY SERVICE CHARGES FOR CD ACCOUNTS ONLY | Per folio – Kshs. 25/- Minimum Charge per month-Kshs. 500/- (30 entries per folio) (We do not charge for OD Accounts) | |
| 14 | CHEQUE RETURN (INWARD) CHARGE | i. Saving Bank Account – Kshs. 500/- per cheque ii. Current / Overdraft Account – Kshs. 1500/- per cheque |
|
| 15 | CHEQUE RETURN (OUTWARD) CHARGE | i. Saving Bank – Kshs. 100/- per cheque ii. Current / Overdraft Account – Kshs. 500/- per cheque | |
| 16 | BALANCE CONFIRMATION CERTIFICATE (AT THE REQUEST OF THE CUSTOMER) | Kshs. 500/- per Occasion | |
| 17 | CERTIFICATION OF DOCUMENT | Kshs. 500/- per Document | |
| 18 | AUDIT CONFIRMATION / REPORT | Kshs. 1,000/- per Occasion | |
| 19 | PROVIDING BANKERS / CREDIT OPINION REFERANCE LETTER | i. Individual – Kshs. 500/- ii. Non-Individual – Kshs. 1,000/- |
|
| 20 | INVESTIGATION / QUERY ON OLD RECORDS (CHEQUE, DEPOSIT & WITHDRAWAL) | Per Entry i. Up to 1 year – Kshs. 250/- ii. Above 1 year – Kshs. 500/- |
|
| 21 | DUPLICATE STATEMENT ISSUE CHARGES | i. SB Account -Per folio Kshs. 50/-, ii. CD Account – Per folio Kshs. 100/- |
|
| 22 | CHARGE FOR ISSUE OF DUPLICATE TDR/ ACKNOWLEDGEMENT INCASE OF LOST TDR | Kshs. 500/- | |
| 23 | SMS ALERT CHARGES | Kshs. 4/- per Transaction | |
| 24 | ATM WITHDRAWAL CHARGES | Kshs. 55/- per Transaction | |
| 25 | I-TAX DEPOSITS (PER E-SLIP) | Kshs. 250/- per Transacton | |
| 26 | COMMISSION ON THE RECEIPT OF HCI FEES | Kshs. 100/- per Receipt | |
| 27 | POSTAGES | On actual basis | For Non-Customers: The below or the actual, which ever is higher i. Inland – Kshs. 100/- ii. Overseas – Kshs. 500/- iii. Courier (International) – Kshs. 4,000/- |
REMITTANCES
| Sl No | Item Description | Customers -New Shcedule (Excl. Excise Duty @ 20 %) | Others -New Shcedule (Excl. Excise Duty @ 20 %) |
| 1 | RTGS CHARGES | i. Outward Kshs. 500/- per transaction ii. Inward – Nil |
|
| 2 | SWIFT (OUTWARD) | Kshs. 1,500/- per transaction | |
| 3 | E CORP (REMITTANCE TO INDIAN BRANCHES) | i. Upto Kshs. 50,000/- Kshs. 500/- ii. Above Kshs. 50,000/- to Kshs. 100,000/- -Kshs. 1,000/- iii. Over Kshs. 100,000/- – Kshs. 1500/- (Maximum Remittance is USD 10,000/- or equivalent) |
For Non-Customers: i. Upto Kshs. 50,000/- – Kshs. 600/- ii. Above Kshs. 50,000/- to Kshs. 100,000/- – Kshs. 1,200/- iii. Above Kshs. 100,000/- -Kshs. 1,800/- (Maximum Remittance is USD 5,000.00 or equivalent) |
| 4 | INWARD FOREIGN SWIFT/TELEGRAPHIC TRANSFER | For USD TT – USD 10/- For GBP TT – GBP 5/- Or equivalent to USD 10.00 in other Currencies |
|
| 5 | EFT (IRRESPECTIVE OF AMOUNT) | i. Through Standing Instructions – Kshs. 100/-& ii. Others – Kshs. 200/- |
|
| 6 | DEMAND DRAFT | i. Upto Kshs. 100,000/- – Kshs. 250/- ii. Over Kshs. 100,000/- upto Kshs. 1.00 Mn – Kshs. 500/- iii. Above Kshs. 1.00 Mn – Kshs. 1,000/- per Mn or part thereof (50% additional over applicable rates in case of issuannce against Cash Deposit) plus applicable SWIFT charges for Foreign Currency DD. |
For Non-Customer: 100 % additional of the Charge as applicable to Customer plus applicable SWIFT charges, if any. (Higher limit is USD 10,000/- or equivalent) |
| 7 | BANKERS CHEQUE | i. Upto Kshs. 100,000/- – Kshs. 250/- ii. Over Kshs. 100,000/- upto Kshs. 1.00 Mn – Kshs. 500/- iii. Above Kshs. 1.00 Mn – Kshs. 1,000/- per Mn or part thereof (50% additional over applicable rates in case of issuannce against Cash Deposit) |
For Non-Customer: 100 % additional of the Charge as applicable to Customer (Higher limit is USD 10,000/- or equivalent) |
| 8 | ISSUANCE OF DUPLICATE DD/ BANKER’S CHEQUE | Kshs. 250/- per Instrument | For Non-Customer: Kshs. 500/- per Instrument |
| 9 | CANCELLATION OF DD/ BANKERS CHEQUE | Kshs. 250/- per Instrument | For Non-Customer: Kshs. 500/- per Instrument |
BILLS
| Sl No | Item Description | Customers -New Shcedule (Excl. Excise Duty @ 20 %) | Others -New Shcedule (Excl. Excise Duty @ 20 %) |
| 1 | FOREIGN CHEQUE/ DDS/ BILLS FOR COLLECTION (OUTWARD BILLS FOR COLLECTION) | i. 0.25 % Minimum Kshs. 500/- ii. If Bill is of more than Kshs. 500,000/-, then it is 0.20% (plus Swift Charges as applicable per message & Postage Charge Kshs. 250/- or actual, whichever is higher) |
|
| 2 | INWARD BILLS FOR COLLECTION | 0.25 % of the bill amount Minimum Kshs. 500/- (plus Swift Charges as applicable per message & Postage Charges of Kshs. 250/- or actual, whichever is higher ) | |
| 3 | HANDLING CHARGE FOR OVERDUE BILLS NOTE: SIGHT BILL OVERDUE AFTER 25 DAYS FROM PRESENTATION USANCE BILL AFTER DUE DATE | Kshs. 350/- per bill per month (Fraction of a month to be to be taken as full month) | |
| 4 | AVAILISATION OF DOCUMENT | 0.25 % per quarter or part thereof |
IMPORT LETTER OF CREDIT
| Sl No | Item Description | Customers -New Shcedule (Excl. Excise Duty @ 20 %) | Others -New Shcedule (Excl. Excise Duty @ 20 %) |
| 1 | COMMITMENT CHARGES | 0.35 % Per Quarter or part there of Minimum Kshs. 1,000/- (commitment) plus applicable Swift charges per message (For full validity of the credit i.e. from the date of opening of the LC to the last date of its validity) plus USANCE Charges Notes: 1. If fully secured by 100% cash margin in form of FDR or balance in current account applicable charges will be 50% of the normal charges 2.These charges are to recovered upfront i.e. at the time of opening of LC |
|
| 2 | USANCE CHARGES | i. Upto 10 days sight – 0.35 % ii. Over 10 days and upto 3 month’s sight – 0.70 % iii. Over 3 months’ sight – 0.70 % up to three months and 0.17% per month in excess of three months Notes: 1. If fully secured by 100% cash margin in form of FDR or balance in current account applicable charges will be 50% of the normal charges 2.These charges are to recovered upfront i.e. at the time of opening of LC |
|
| 3 | IF ANY EXTENSION OF THE VALIDITY OF LC FALLS WITHIN A THREE MONTH PERIOD FOR WHICH COMMITMENT CHARGE HAVE BEEN COLLECTED | Kshs. 1,000/- plus applicable swift charges per message | |
| 4 | Kshs. 1,000/- plus applicable swift charges per message | Fresh commitment Charge at the applicable rate per Quarter or part thereof Minimum Kshs. 1,000/- on the outstanding liability under LC | |
| 5 | FOR ENHANCEMENT OF THE VALUE OF LC | i. Kshs. 1,000/-per amendment for extending validity period beyond 3 months ii. Fresh Commitment charge, Minimum Kshs. 1,000/- for enhancement of value of LC iii. Both commitment and Usance Charge for additional liability |
|
| 6 | IN CASE OF AMENDMENT ALTERING THE TENOR OF THE BILL OF EXCHANGE | As above | |
| 7 | ANY AMENDMENT TO A LC, OTHER THAN EXTENSION OF ITS VALIDITY OR ENHANCEMENT OF ITS VALUE | Kshs. 1,000/- per amendment | |
| 8 | ANY REVIVAL OR REINSTATEMENT OF AN EXPIRED LC (SHALL BE AT THE OPTION OF THE BRANCH) WITHIN 3 MONTHS FROM THE DATE OF EXPIRY | Additional commitment and usance Charge shall be levied from the date of expiry till the validity period of revived LC | |
| 9 | DEVOLVEMENT/PAYMENT/ CRYSTALLIZATION OF IMPORT BILLS UNDER LETTER OF CREDIT | 0.25% plus applicable swift Charges Per message | |
| 10 | DISCREPANCY CHARGES | USD 25/- or equivalent per presentation | |
| 11 | CANCELLATION CHARGES | Kshs. 2,000/- |
Bank of India Kenya Branches and Contacts
Head Office
STAR HOUSE, G – BLOCK, PLOT NO. C – 5, BANDRA – KURLA COMPLEX, BANDRA (EAST), POST BOX NO. 8135, MUMBAI 400 051.
022-66684444
91-22 202 3167
cgro.boi@bankofindia.co.in
Zonal Offices
Click here for more details of Zonal Offices(135 KB)
BANK OF INDIA IS HAVING FIVE BRANCHES IN KENYA, WHICH ARE NAMED AS NAIROBI, MOMBASA, INDUSTRIAL AREA, WESTLANDS AND ELDORET BRANCHES. EVERY BRANCH IS HEADED BY BRANCH MANAGER/HEAD. OVERALL BANK OF INDIA, KENYA CENTRE IS HEADED BY THE CHIEF EXECUTIVE, WHOSE OFFICE IS LOCATED AT NAIROBI.
| Branch Name | Name of the Branch Head | Designation | Branch Address | Mobile/Landline Number | |
| Kenya Branches | Mr. Omprakash Maheshwari | Chief Executive | Kenyatta Avenue, PO BOX-30246- 00100 , Nairobi, kenya |
+254-111053410 +254-722794281 |
cekenya@boikenya.com |
| Nairobi | Mr. Jeetendra Kumar Meena | Chief Manager | Kenyatta Avenue, PO BOX-30246- 00100 , Nairobi, kenya |
+254-111053414 +254-722794270 |
cmnrb@boikenya.com |
| Industrial Area | Mr. Sunil Kumar | Chief Manager | Block D-1, Ground Floor, Sameer Business Park, Mombasa Road, PO Box -18415-00500, Nairobi, Kenya | +254-111053425 +254-720895466 |
cmiab@boikenya.com |
| Westlands | Mr. Shivashish | Chief Manager | The Oval 2nd Floor, Jalaram Road, PO Box No-14359-00800, Westlands, Nairobi, Kenya | +254-111053424 +254-726440499 |
cmwst@boikenya.com |
| Mombasa | Mr. Dinesh Kumar | Chief Manager | Bank of India Building, Treasury Square, Nkrumah Road, PO Box 90684-80100, Mombasa, Kenya | +254-111053428 +254-722794748 |
cmmsa@boikenya.com |
| Eldoret | Mr. Sanjay Kumar | Chief Manager | Tarita Centre Ground Floor, Ronald Nagala Street, PO Box-2256-30100, Eldoret, Kenya | +254-111053420 +254-700745748 |
cmeldoret@boikenya.com |
