BOI Branches in Salem
Salem holds a major part in the economy of Tamil Nadu. It is the fifth largest city in Tamil Nadu. Salem accommodates a number of Nationalized as well as Public Sector Banks in its region.Nationalized Bank or Public Sector Banks are held by Government of India. There are total 29 public sector banks in India. In 1955, the Central Government of India entered into the business of Banking with Nationalization of Imperial Bank of India. From 1980s, the share of these Public Sector Banks continued to grow and a great part of these banks were found profitable. Since then these Public Sector banks won a strong faith and high expectations of customers. All the decisions are made by Government which mainly targets to spread the banking service to all the sections of the society.

Private Sector Banks comes under private share holders and not under Government. After liberation in banking policy in 1990s, old as well as new Private Sector Banks re-entered. Private Banking plays a significant role in management of wealth. Recently, it largely includes all banking services, brokerage, asset management and limited tax advisory services. Today, a large number of clients trust on these banks in their financial conclusion making. The interest rates of these banks are slightly expensive rather than Public Sector Banks. Private Banks are mainly known for its well equipped tools and techniques.
List of Bank Of India Branches in Salem
Andhra Bank
Address:
Narasu's Arcade
2nd Agraharam
Salem - 636001
Phone no.: 0427 226n 7643
IFSC CODE: ANDB0000500
MICR CODE: 636011002
Axis Bank
Address:
Gugai Branch,
No 388,
Trichy Main Road,
Gugai,
Salem - 636006
Phone no.: 1800 233 5577
IFSC CODE: UTIB0000170
MICR CODE: 636211002
Bank Of Baroda
Address:
41
Paul'S Street Fort
Salem - 636001
Phone no.: 0427 247 5665
IFSC CODE: BARB0SALEMX
MICR CODE: 636012002
Bank Of India - Main Branch
Address:
624
Fort Main Road
Shevapet
Salem - 636002
Phone no.: 0427 221 0091
IFSC CODE: BKID0008008
MICR CODE: 636013001
Bank of India - Swarnapuri Branch
Address:
10
Omalur Main Road
Salem - 636004
IFSC CODE: BKID0008190
MICR CODE: 636013004
Bank Of Maharashtra - Salem Branch
Address:
Ratna Towers,
Near Prabath Theatre Signal,
Trichy Main Roadd,
Linemedu,
Gugai,
Salem - 636006
Phone no.: 0427 221 1790
IFSC CODE: MAHB0000375
MICR CODE: 636014002
Canara Bank - Main Branch
Address:
Ist Floor
KCA Buildings
1B Kalarampatty Main Road
Gandhi Nagar
Salem - 636015
Phone no.: 0427 226 2874
IFSC CODE: CNRB0001667
MICR CODE: 636015007
Catholic Syrian Bank Ltd. - Vellar branch
Address:
5-90
Dharmapuri Main Road
Kovil
Salem - 636451
Phone no.: 04298 269 047
IFSC CODE: CSBK0000199
Central Bank of India - Main Branch
Address:
64-67
Fort Main Road
Salem - 636002
Phone no.: 0427 221 1140
Fax: 0427 221 1936
IFSC CODE: CBIN0280903
MICR CODE: 636016002
Centurion Bank Of Punjab Ltd.
Address:
No.6
Brindhavan Road
Fair Lands
Salem-636016
Phone no.: 0427 304 8033
IFSC CODE: CENT0001074
City Union Bank Ltd
Address:
No 98 / 99 / 100
First Floor
Arunachala Acgari Street
Near Old Bus Stand
Salem
Phone no.: 0427 226 0134
IFSC CODE: CIUB0000042
MICR CODE: 636054002
Corporation Bank
Address:
Divya Towers
I Floor
Fort Main Road
Salem-636012
Phone no.: 0427 221 1936
IFSC CODE: CORP0000015
MICR CODE: 636017002
Dena Bank
Address:
108
Shevapet Main Road
Kummatti Place
Salem-636002
Phone no.: 0427 246 5425
IFSC CODE: BKDN0620611
MICR CODE: 636018002
HDFC Bank
Address:
Door No. 20 - 20A,
Swarnambigai Agraharam
1St Floor,
Car Street,
Salem - 636001
Phone no.: 9840 673 333
IFSC CODE: HDFC0000178
MICR CODE: 636240002
ICICI Bank ltd.
Address:
Swarnambigai Plaza
S. F. No. 6-5
Block No. 7
Ward-C
Omalur Main Road
Near Bus Stand
Salem - 636009
Phone no.: 022 675 74314 / 4322
IFSC CODE: ICIC0006119
IDBI Bank ltd.
Address:
K.T. Towers,
211,
Omalur Main Road,
Peramanur,
Salem - 636007
Phone no.: 0427 241 1600
IFSC Code: IBKL0000211
MICR Code: 636259002
Indian Overseas Bank
Address:
District Court Compound
Hasthampatti
Salem - 636007
Phone no.: 0427 241 7387
IFSC CODE: IOBA0001780
Indusind Bank Ltd
Address:
Santham Shopping Complex
137
Saradha College Main Road
Alagapuram
Salem - 636016
Phone no.: 0427 244 3292 / 244 9547 / 244 1711
IFSC CODE: INDB0000116
MICR CODE: 636234002
Karur Vysya Bank
Address:
CCO
Ist Floor
45-46
Car Street
Salem
Phone no.: 022 2266 5914
IFSC CODE: KVBL0001268
MICR CODE: 636053001
Oriental Bank Of Commerce
Address:
720
Ist Floor
Shevapet
Salem - 636002
Phone no.: 0427 221 3250
IFSC CODE: ORBC0100714
Punjab National Bank
Address:
P.B.No.201
Door No. 738
Fort Main Road
Shevapet
Near Telephone Exchange
Salem -636002
Phone no.: 0427 222 0277
IFSC CODE: PUNB0439500
MICR CODE: 636024003
South Indian Bank
Address:
Leigh Bazar Branch
Sree Lakshmi Complex
4-33
Omalur Main Road
Salem - 636004
IFSC CODE: SIBL0000302
MICR CODE: 636059003
state Bank of Hyderabad
Address:
H.No. 272
Cherry Road
Salem - 636001
IFSC CODE: SBHY0020941
MICR CODE: 636004001
State Bank of India
Address:
Opp. To Police Station
Idappadi
Salem - 636501
IFSC CODE: SBIN0002213
State Bank Of Mysore
Address:
Five Roads
Salem - 636004
Phone no.: 0427 335 235
IFSC CODE: SBMY0040637