Bank statements are required in various banking services such as applying for loans, filing ITR, etc. Bank of India account holders can easily get the bank statement in PDF format using their mobile or computer. Various methods allow customers to download the bank account statement without visiting the bank branch. Here, we will discuss the method to get the Bank of India statement.
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Method to download the Bank of India Statement and Download it
Let’s talk about the different methods that can be used to download the statements:
1. Using Email Id
Bank of India sends the account statement to the customers on the first of every month. For example, you will get the account statement for October by the First week of November on your email ID. If you have not registered your email ID to the bank, you can visit the bank and get its updates to avail of the service.
Follow the method below to download the Bank of India account statement form Email ID:
- Open your Email ID and search for the email from the bank.
- You will get the pdf file attached to the mail and the file will be password protected.
- Download this PDF on your device.
- Enter the boi statement pdf password to open this file. The password format will be provided in the instructions mentioned in the email.
2. Using Net Banking
If you are a net banking user, you can easily download the Bank of India statement by following the steps below:
- Go to the Bank of India net banking portal.
- Login using your ID and password.
- Under the account section, go to the option “ Account Statement”.
- Select the account and the duration for which you need a bank statement.
- The account statement file will be there on your screen, you can easily download it.
- To open this PDF, you need to enter the Bank of India statement pdf password.
What is the importance of Bank statements?
Bank statement is a very useful document that is required in various banking activities. When you wish to apply for a loan, the very first thing the loan providers ask for is a bank statement. Also, while filing an ITR, you require a bank statement.
Bank statements are also essential to keep a check on your account transactions. It helps you in keeping track of your spending habits and your income. You can also use the account statement to identify any scam in your account.
The account statements are always password-protected PDF files to safeguard them from getting into the hands of fraudsters. Account holders can open the PDF using their BOI statement pdf password. The account statements contain various critical data of the account holder, which is why they are always password protected.
Since bank statements are the crucial documents, they are always provided with password protected PDFs. Websites such as Indipost.in helps the people to know why safeguarding the financial documents is important and how to do it.
Conclusion
Bank of India account statements are easy to download from various methods. Customers must update their Email IDs with the bank to receive the account statement monthly and another way to get account statements is from net banking. The files require the Bank of India statement pdf password to open.