Bank of India-Tanzania

Announcements

Dear Esteemed Customers we are pleased to inform you that our SMS alert facility for our account holders is now Free of charge.Kindly contact our branches for details and activation View More...

Dear Esteemed Customers, we would like to inform you that we accept mutilated notes/defaced coins and also give change of small denomination at our BANK OF INDIA (T) LTD branches. View More...

02/08/2012 We are happy to announce that business hours of our Zanaki street Branch have been extended up to 4.00pm from Monday up to Friday View More...

15/08/2012 Free remittance facility to Tanzanian students studying in India.Walk in for opening of savings bank account. View More...

03/05/2012 BOI celebrates 60 glorious years of banking in singapore View More...

Exchange Rates

Currency USD

Buying Rates
2318
Selling Rates
2355

Currency EUR/TZS

Buying Rates
Selling Rates
2402

Currency KSH/TZS

Buying Rates
Selling Rates
19.77

Currency USD/INR

Buying Rates
Selling Rates
79.00

Currency GBP/TZS

Buying Rates
Selling Rates
2846

Currency TZS/INR

Buying Rates
Selling Rates
29.83

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.A cheque-book is an integral part of the current account .Our current account is available in both TZS, USD.

Features and benefits

A minimum opening balance of TZS 500,000 and USD 500

An overdraft which gives you access to additional funds, up to an agreed limit. The limit can be negotiated at any time with your branch, subject to norms.

Facilities to make payments such as standing orders

Access to a wide range of other products including investment and savings opportunities