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This is a unique system under which Bank of Baroda helps companies and institutions making heavy payments disburse these amounts directly into the bank accounts of the beneficiaries such as account holders, shareholders, investors etc.
Corporate bodies who have periodic, large volume payments to a fixed group investors / beneficiaries enjoy the following benefits:
A tailor made product for customers, that enables faster remittance of funds. A more economic, convenient, smoother mode of operation which can be availed of by a well supported network of centres.
For the terms and conditions governing this product