How to Add Beneficiary in Bank of India

Bank of India (BOI) is one of the top banks in India. These days, transferring money from bank of India to other banks has become very easy through internet banking. Beneficiaries are added to a bank account’s online interface to make fund transferring easier.

If you want to create an account with Bank of India net banking and want to add a  payee or beneficiary account, go through the following procedures:

How to Add a Beneficiary in Bank of India

1. To begin the beneficiary-adding procedure, launch a web browser of your preference and navigate to this web address https://bankofindia.co.in/home. Wait until the page loads.

2. To the left-hand side of the page, there should be an Internet Banking pane with a few options underneath like Retail, Corporate, Global, etc. The procedure is shown for Retail accounts (normal users). Click on ‘Retail‘.

3. The login page for Bank of India online accounts would load. The system is also known as Star Connect. However, you should see a User ID and Password field in the left pane and a virtual keyboard in the midsection.

First-time user Read: How To Login First Time In Bank Of India Internet Banking.

4. Click on the ‘transfer’ tab from the top menu.

5. Click on ‘IMPS Payment‘ from the left side to add a new beneficiary account. Similarly, you can also use ‘RTGS payment‘ and ‘NEFT payment‘ to add beneficiary.

6. Next click on ‘Add Beneficiary‘, A new page would appear with a lot of fields. Fill up all the necessary beneficiary information asked by the bank. Once you are done, click on ‘Add Beneficiary‘ at the bottom of the page.

The example shown in the image:

7. Next enter the user id and transaction password. Then approve your beneficiary by entering the code sent to your registered mobile number. Your beneficiary account will be added within 24 hours.

Conclusion

This procedure shows how to create an online banking account on the Bank of India Platform and then add a beneficiary.

This post was last modified on Mar 1, 2023 6:40 pm

View Comments (22)

  • How to add beneficiary with joint account holder in retails bank of India account. The beneficiary has a joint account

  • I have a bank of India account. How do I create a beneficiary who is also having a bank of India account? I do not think that BOI has provided this option.

  • There is no option of transfer on Bank Of India page after login . How can I transfer funds

  • When I am going to add beneficiary...I am following all the steps but in the last when to ask for entering transaction password, I am filling it but always comes error. Write to comes "the user is already disabled for the transaction"
    What can I do please help me...

  • HOW DO I ADD BENEFICIARY ACCOUNT IN BANK OF INDIA WHERE IN MY BANK IS ALSO BANK OF INDIA SANTACRUZ BRANCH AND BENEFICIARY BANK IS ALSO BANK OF INDIA FORT BRANCH.
    TRIED A LOT BUT WHEN I PUT IFSC CODE IT SHOWS IT IS WRONG THOUGH IT IS NOT WRONG.

  • hey
    whenever I have added 2 different beneficiaries it shows that this is already disabled 15079
    what is this and I had tried this on Sunday can we add any beneficiary on Sunday or second sat

  • Whenever I try to see passbook Or Ministatment through BOI app, it pop-up "No account found". what I do please help

  • how to add a beneficiary with a/c at laxmi nagar branch? It insists that IFSC code of BKID0006053 is wrong, and won't proceed. I know that this is correct code. Can't even find the branch name in list provided in the search for ifsc code option. How to do this?