Bank of India fixes May 29 record date for FY26 dividend
Bank of India has fixed May 29, 2026 as the record date for a ₹4.65 per share dividend for FY26, pending AGM approval. The bank will deduct TDS based on shareholder records, requiring document submission by June 8, 2026.

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Bank of India has fixed May 29, 2026 as the record date to determine shareholder eligibility for a dividend of ₹4.65 per equity share for the financial year ended March 31, 2026. The payout, recommended by the Board on May 08, 2026, is subject to shareholder approval at the ensuing 30th Annual General Meeting (AGM). Shareholders holding shares in electronic or physical form as of the record date will qualify for the dividend.
Tax Deduction Requirements
In accordance with the Income Tax Act, 1961, as amended by the Finance Act, 2020, dividends paid or distributed after April 1, 2020 are taxable in the hands of shareholders. Consequently, the Bank is required to deduct tax at source (TDS) at the time of payment. The applicable TDS rate will depend on the residential status of the shareholder and the necessary documents submitted and accepted by the Bank.
Shareholders are requested to submit required documents or forms via email to Headoffice.share@bankofindia.bank.in and tds@bigshareonline.com on or before June 8, 2026. The Bank will deduct TDS based on records available with the Registrar and Transfer Agent (RTA), and no requests for revisions to TDS returns will be entertained thereafter.
Key AGM and Dividend Details
| Particulars | Details |
|---|---|
| Dividend per share | ₹4.65 (46.50%) |
| Face Value | ₹10 each |
| Financial Year | FY26 |
| Record Date | May 29, 2026 |
| Document Submission Deadline | June 8, 2026 |
Historical Stock Returns for Bank of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.04% | +4.29% | +1.27% | +3.50% | +17.53% | +81.19% |
How will this dividend payout impact Bank of India's capital adequacy ratios and future lending capacity?
What is the market's outlook on Bank of India's dividend sustainability given the projected earnings for FY27?
How might the TDS deduction requirements influence foreign investor sentiment towards the stock?


































