Bank of India (New Zealand) Limited celebrated its first anniversary function in a glittering ceremony organised at “Top of the Park”, Alexandra Park on the evening of 6th October 2012.
Many distinguished personalities and valued customers graced the occasion. Mr Kanwaljit Singh Bakshi, Honourable Member of Parliament, commended the growth of the bank and appreciated the pro-active service of staff by narrating a real time experience of his friend. Mr Steve D’Souza, Chairman of Kalamazoo Group, shared his experience with the bank and appreciated the team spirit in extending best possible customer service. Dr MadhuKoya, a leading surgeon & urologist, gave a presentation stressing on the need and importance to maintain good health. Mr P N Rao, Managing Director of Bank of India (New Zealand) Limited elaborately explained the value and importance of bank’s presence in New Zealand.
Upon obtaining Banking Registration on 31st March 2011, Bank of India (New Zealand) Limited commenced its operations from 6th October 2011 from its Auckland Branch situated at 10 Manukau Road, Epsom, Auckland. It provides a range of retail and commercial banking services including savings, current, term deposits and various loan products like personal loans, mortgage loans, home loans, business loans.It also offers free and fast Rupee remittance facility for its valued customers.
Bank of India (New Zealand) Limited have recently enabled the internet banking view facility. They have also simplified the remittance procedure by providing on-line funds transfer facility followed by e-mail instructions to avoid the need to visit bank. They have revamped their website (bankofindia.co.nz) which looks exquisite and gives luxurious look. It has made considerable progress in establishing connectivity arrangements and expects to provide on-line transactional banking facility, debit cards, direct credit, direct debit etc. shortly.
Bank of India is a very successful bank with a long and proud history that goes back more than a century. It is premier public sector bank majorly owned by Government of India. It was founded on 7th September, 1906.While much has happened, particularly around ownership structures, over the last 100 years the bank has gone from strength to strength. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. Bank of India is India’s fifth largest bank in terms of assets and has more than 4000 branches. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. It has more than 50 international branches/ offices, at all key financial centres viz. London, New York, Paris, Tokyo, Hong-Kong and Singapore and more than 54 million customers’ world over. Sun never sets on Bank of India and Bank of India branches are open in one country or the other throughout the 24 hours.International branches are a key part of Bank of India’s strategy for growth. They play a significant part in the on-going success of Bank of India. They have presence in all the key financial centres of the world.
From a customer point of view, Bank of India (New Zealand) Limited gives all its customers an iron clad assurance that their money is safe. Bank of India provides an unconditional parental guarantee to satisfy all the liabilities of Bank of India (New Zealand) Limited. This means that when a customer banks with Bank of India in New Zealand, they get all the security and weight of the parent bank which is majorly owned by the Government of India.
As part of theirfirst anniversary celebrations, Bank of India (New Zealand) Limited has introduced some limited period offers for their valued customers. Some of them are:
Further, they also offer free and instant Rupee remittance facility across any bank branches in India for their customers. The unique features of their remittance service include:
The Best Exchange Rate