The Bank of India is one of the licensed commercial banks operating in Kenya, with a significant presence in the country’s financial landscape. The bank commenced its operations in Kenya on 5th June 1953, making it one of the longest-standing foreign banks in the region. Owned by the Government of India, the bank offers a range of services aimed at individuals, SMEs, and corporate clients.
The Bank of India has played a pivotal role in fostering trade and investment ties between Kenya and India, two key economies in the Indian Ocean region. Its long-standing presence and solid reputation have enabled it to build a strong client base over the years. The bank’s headquarters in Kenya is located along Kenyatta Avenue, Nairobi, in the Bank of India Building.
Bank of India Codes
- Bank of India Bank Code: 05
- Bank of India Swift Code: BKIDKENA
Below is a list of all the Bank of India branch codes in Kenya. These codes are essential for conducting various banking transactions, such as electronic funds transfers, online banking, and interbank transfers.
Full List of Bank of India Branch Codes in Kenya
| Branch | Branch Code |
|---|---|
| Kenyatta Avenue, Nairobi | 000 |
| Nkrumah Road, Mombasa | 001 |
| Industrial Area | 002 |
| Westlands | 003 |
| Eldoret | 005 |
Bank of India Kenya: Overview of Services
The Bank of India in Kenya offers a wide range of financial services and products that cater to both individuals and businesses. These include:
- Retail Banking: Bank of India provides savings accounts, current accounts, fixed deposits, personal loans, and home loans for individuals seeking convenient banking solutions.
- Corporate and SME Banking: The bank offers working capital finance, term loans, trade finance, and treasury services tailored for small, medium, and large enterprises. The corporate banking services are particularly useful for businesses engaged in trade between Kenya and India.
- Trade Finance: As a key player in facilitating trade between Kenya and India, the Bank of India provides trade finance services such as letters of credit, bills discounting, and export finance. This is an attractive feature for businesses involved in international trade.
- Foreign Exchange Services: The Bank of India offers competitive foreign exchange rates for individuals and businesses involved in cross-border transactions. This includes remittances for students, businesses, and diaspora members.
- Digital Banking: The Bank of India in Kenya has also embraced digital banking, offering mobile and internet banking services that allow customers to access banking services from the comfort of their homes or offices. These platforms enable transactions such as balance inquiries, bill payments, and funds transfers.
Recent Developments and Growth
The Bank of India has been continuously expanding its services in Kenya, focusing on improving customer service and adopting digital solutions to enhance banking efficiency. As part of its global network, the bank brings international expertise, providing clients with opportunities for international investments and trade.
Additionally, the bank plays a key role in enhancing economic ties between India and Kenya by offering services that promote trade and investment. With the India-Kenya trade corridor continuing to grow, Bank of India has positioned itself as a trusted partner for businesses in both nations.
Bank of India Kenya Head Office Contacts
For any inquiries or further assistance regarding their services, customers can contact the Bank of India Kenya head office using the details below:
- Location: Bank of India Building, Kenyatta Avenue, Nairobi
- Phone: +254 722 794270 / 020 2229461
- Email: cmnrb@boikenya.com
The Bank of India in Kenya continues to be a trusted financial institution, with a legacy of over six decades in the country. With its branch network in major cities such as Nairobi, Mombasa, Eldoret, and Westlands, the bank provides a wide array of financial services to meet the needs of individuals and businesses alike. Whether you’re seeking retail banking services or looking for trade finance solutions, the Bank of India offers the reliability and expertise that comes with decades of banking experience.
For more information on their services, visit their official website or contact the branch nearest you.
