Bank of India Mutual Fund

Bank of India, headquartered in Mumbai, is one of the largest’s commercial banks. It has a notorious reputation in the Indian banking sector. It offers quality services through its 5100 branches spread across the country. It has established a niche for itself by offering a diverse variety of services and products to its clients.

Bank of India mutual fund has consistently proven reliable with 14 years of good experience in financial services. It has always availed the requirements of the shareholders across multiple motives. Moreover, resulting in assets of 17 diverse Mutual Fund Schemes with two lakhs+ shareholders and Rs 2963.86 crores investments managed (as of March 31, 2022) and 12 branches across India.

Types of Bank of India Mutual Funds

Mutual fund investment enables the prudent allocation of assets to attain long-term investment returns. A sufficient number of AMFI/NISM competent persons are wisely located in various divisions and via client Relationship Supervisors to support the bank’s selling of Mutual Funds goods. Type of BOI mutual funds are listed below:

• UTI Mutual Fund
• HDFC Mutual Fund
• Kotak Mutual Fund
• Franklin Templeton Investments
• IDFC Mutual Fund
• DSP BlackRock Mutual Fund
• Reliance Mutual Fund
• Birla Sun Life Mutual Fund
• SBI Mutual Fund

How can you Invest in the Bank of India Mutual Funds?

One can invest in BOI Mutual Fund Asset Management Ltd. online via the below-mentioned method.

• Investment via the official gateway of BOI mutual funds
• Investment via an authorised distributor 
• Investment via 3rd-party

It is important to note that applications for allocating BOI mutual fund shares must be completed in the stipulated layout. Checks or demands for severe droughts should bear the title of “the respective plan.”

Process and Documents Required to Invest in the Bank of India Mutual Funds

To get BOI mutual funds, the individual must provide a set of verification and financial records. These records differ depending on the type of loan scheme chosen by the candidate. However, a few of the common papers that you’ll be obligated to provide are listed below:

• Duly filled application form.
• Proof of Identification: PAN Card (compulsory ), Aadhaar Card, Passport, Driving License, Voter ID
• Proof of Address: Electricity bill photocopy, ration card, bank statement, telephone bill, Aadhaar Card, PAN Card, Driving License, etc.
• Proof of Income: Salary slips, bank account statements, income tax returns