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STAR SAVINGS BANK DEPOSITS

Announcements

Bank of India sets its foot prints in Botswana.

Bank of India launches its fully owned subsidiary.

Bank of India (Botswana) Ltd. opens its branch in Gaborone on 9th August, 2013.

Exchange Rates

STAR SAVINGS BANK DEPOSITS

Our Star Savings Bank Deposits is a great deposit which inculcates savings habit for the customers providing ease of daily operations and earning interest. The key features of the account are:

Who can Open? Individuals, Group of Individuals, Associations, Trusts, Societies, Corporate Entities, etc.
Account to be opened in (currencies) BWP, ZAR, USD, EURO & GBP
Minimum Balance (Without Cheque Book) P100
Minimum Balance (With Cheque Book) P1000
Interest Rate(s) As per the interest rate for SB A/cs
Calculation of Interest Monthly
Joint Account Operations Permitted
Fees and Charges

 

Minimum Balance Charges

P10

Cash Deposit Charges

25t per P100;Max.P30 per deposit

Cash Withdrawal Charges

40t per P100; Max. P30 per withdrawl

Account Closure Charges

P20

Cheque Book Charges (per 20 Leaves)

P20

Stop Payment Charges

P20

Issue of Monthly Statement

Free

Interim Statement

P3

Leger Folio Charges Free
Monthly Account Maintenance Charges Bal. Above BWP1000: NIL
Bal. Below BWP1000: BWP25
Remittance charges As per schedule of charges
Standing Instruction Charges P10 per instruction (Other than RD A/c)