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Checking Account

Announcements

Important Notice regarding COVID-19

Exchange Rates

Currency Upto $ 5,000

  • Value(INR)
    74.95

Currency Over $ 5,000 and upto $ 25,000

  • Value(INR)
    75.00

Currency Over $ 25,000 and Upto $ 100,000

  • Value(INR)
    75.05

Currency Above $ 100,000

  • Value(INR)
    Pls Call 212 223 1160 (Dealing Room)

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Basic Checking Accounts

What is “Basic Checking Accounts”

It is a low-fee bank account for the individual who desires basic checking services.  

Eligibility

i) Residents of New York State who do not maintain any transaction account with any other bank.
ii) Receive direct credit of a recurring payment such as Social Security, wages or pension payments.
iii) Have limited monthly transactions.  

Minimum deposit to open the account

$25 

Minimum monthly balance required to be maintained

NIL  

Restriction on the number of credit/deposits 

No Restriction

Charges

i)Monthly maintenance fee - $3
ii)Number of withdrawals or checks cashed – Eight (8) at no charges. Additional transactions beyond eight(8) in calendar month - $3 per transaction

Account Statement Periodicity 

Monthly

Contact details

If you need more information – please call us on our toll free number 1-800-232-2828 ( Ext-398) or speak to our Assistant Vice President ( Operations) at 646-720-0398 or Vice President ( Operations) at 646-720-0392

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Bank of India, New York Branch, 277, Park Avenue, NY 10172 Contact : 212-753-6100 Fax : 212-319-6347
Head Office : Star House, C- 5, "G" Block, Bandra Kurla Complex Bandra (East), Mumbai 400 051 , Bank of India, New York Branch is a member of FDIC