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Open a Current Account at our Bank of Baroda today!

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Online Offline Mode
  • All
  • Digital
  • Non-Digital/Offline
Balance Requirement
  • All
  • NIL
  • Up To Rs.10,000
  • Up To Rs.25,000
  • Up To Rs.75,000
  • Rs. 75,000/- & Above
  • Rs. 2,50,000/- & Above
  • Rs. 10,00,000/- & Above
  • Rs. 25,00,000/- & Above
Purpose
  • All
  • BCMS Offer
  • Earn Interest
  • Free Digital payment/POS/QR Code
  • Free RTGS/NEFT
  • Waivers and Discounts
  • Zero Mimimum Balance
Eligibilty
  • All
  • All Life & General Insurance companies
  • Elite Businessman/Top Professionals/Large Traders
  • Government Department
  • Proprietorship/Private Limited/Partnership/LLP
  • Promoters/Real Estate Developers
  • Scheduled Commerical bank
  • Women Enterpreneurs
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  • BOB GOLD

    bob GOLD Current Account

    Ideal for customers with Small and Medium business, this Current Account offers a number of free Services and Benefits

    • Free 10 Sound box QR and free 2 MPOS/POS
    • Sweep Facility Available and Free NEFT/RTGS/UPI
    • SMS Alert/Email/Monthly statement Free and Collateral Free Overdraft up to Rs.25Lakhs
  • BOB Diamond

    bob DIAMOND Current Account

    Ideal for Elite Business man, E-Commerce Company and Large Traders, this Current Account offers a number of free Services and Benefits.

    • Free 50 Sound box QR and free 10 MPOS/POS
    • Sweep facility available and Free NEFT/RTGS/UPI
    • 100% discount in Retail Loan Processing Charges, Collateral Free Overdraft up to Rs.25Lakhs and SMS Alert/Email/Monthly statement Free
  • BOB PLATINUM

    bob PLATINUM Current Account

    Ideal for customers with Small and Medium Business, this Current Account offers a number of free services and benefits

    • Free 20 Sound box QR and free 4 MPOS/POS
    • 50% discount in Retail Loan Processing Charges and Free NEFT/RTGS/UPI
    • Sweep facility available and collateral free overdraft up to Rs.25Lakhs
  • BOB Rhodium

    bob RHODIUM Current Account

    Ideal for customers with Medium and Large Business, this Current Account offers a number of free Services and Benefits

    • Free 30 Sound box QR and Free 8 MPOS/POS
    • Free NEFT/RTGS/UPI and free Cash withdrawal up to 50 transaction/month
    • Sweep Facility Available and 75% discount in Retail Loan Processing Charges
  • BOB LITE

    bob LITE Current Account

    Zero balance Current Account with no Minimum balance Requirement

    • Free one Sound box QR and free 50 Cheque leaves
    • Zero monthly average balance and Collateral Free Overdraft up to Rs.25Lakhs
    • VISA Vyapaar DI Debit Card and BCMS,IPG,POS,BHIM facilities available
  • BOB SMART

    bob SMART Current Account

    Current Account Satisfying Digital requirements

    • Free Two Sound box QR and free 50 Cheque leaves
    • Sweep facility available and 10% discount in Retail Loan Processing Charges
    • NEFT/RTGS/UPI Online Free and Collateral Free Overdraft up to Rs.25Lakhs
  • BOB WOMEN POWER

    bob WOMEN POWER Current Account

    Our women current account is a continuous effort to support Women Empowerment and mahila shakti!

    • Free Two Sound box QR and free QR Code Generation
    • 50 Cheque leaves Free and Sweep Facility Available
    • NEFT/RTGS/UPI Online Free and Collateral Free Overdraft up to Rs.25Lakhs
  • Family current Account thumb

    bob Family Current Accounts Segment

    Now connect your Family Members Accounts under One Family to avail maximum benefits from your relationship.

    • This segment gives an opportunity to all connected accounts to enjoy benefit such as concession in manual NEFT/RTGS charges,DD/PO charges,Locker Rent Charges and Demat AMC.
    • No need to Maintain Minimum Balance in every account of the Family Members plus get attractive benefits for your family accounts.
  • BOB Advantage thumbnail

    bob ADVANTAGE Current Account

    A current account that offers a wide range of benefits to both, rural and urban customers, such as free mobile and internet banking and a low minimum quarterly average balance.

    • 50 free cheque leaves and BCMS,IPG,POS,BHIM facilities available
    • Free One Sound box QR and free Credit Card
    • Immediate credit of outstation cheques up to Rs. 20,000 and Collateral Free Overdraft up to Rs.25Lakhs
  • BOB Premium thumbnail

    bob PREMIUM Current Account

    A current account that includes unlimited chequebooks, free signature verification, free account statements twice a month, and discounts on demand draft and banker’s cheque facilities.

    • Auto and reverse sweep facility enabling Current Account holder to earn interest
    • Free Unlimited cheque leaves and Free SMS Alert/Email and Standing Instructions
    • 50% waiver in charges for NEFT/RTGS/UPI and 25% discount of Auto Loan Processing Charges & 10% discount of Retail Loan (Home, Education, Mortgage Loans) Processing Charges
  • BOB Supreme thumbnail

    bob SUPREME Current Account

    The key features of this current account include unlimited chequebooks, free signature verification and 25% discount of Auto Loan Processing Charges & 10% discount of Retail Loan (Home, Education, Mortgage Loans) Processing Charges are in the name of proprietor, firm and company.

    • Auto and reverse sweep facility enabling Current Account holder to earn interest
    • Free unlimited cheque leaves and free NEFT/RTGS/UPI
    • Free 5 Sound box QR and free 1 MPOS/POS
  • Rera thumbnail

    bob RERA Current Account Scheme

    Open Collection Account, Project Account & Operative Account with simple documentation

    • No minimum balance condition and earn Interest in CA (FFD)
    • Cash withdrawal and Cash Deposit allowed and Compliant with RERA guidelines*
    • BCMS, Doorstep Banking facilities available
  • baroda startup current account Thumbnail

    bob Start-up Current Account

    A company working towards innovation, development, or improvement of products or processes or services, or having a scalable business model with a high potential of employment generation or wealth creation can hold this current account.

    • Sweep Facility Available and 200 Free cheque leaves
    • 100% discount in Car Loan Processing Charges and complimentary Credit Card (free for first year)
    • NEFT/RTGS/IMPS free for 2 year from the date of account opening. Thereafter 50% of applicable charges.
  • baroda scale up current account Thumbnail

    bob Scale-Up Current Account

    For a company with the last year turnover of more than Rs. 25 crores and working towards innovation, development, or improvement of products or processes or services, or having a scalable business model with a high potential.

    • Sweep Facility Available and free unlimited cheque leaves
    • 100% discount in Car Loan Processing Charges
    • Complimentary Credit Card (free for first year) and free NEFT/RTGS/IMPS.
  • Baroda Current Accounts Thumbnail

    bob Current Account for Other Banks

    Any scheduled commercial bank which is included in the second schedule of RBI Act 1934 can have this current account with us. Enjoy its many benefits as a current account holder in Bank of Baroda.

    • Minimum Balance: Rs. 5000 and Maximum Balance: No limit
    • POS, Bharat QR Code & Bhim QR Code available
    • Immediate credit of outstation cheque upto ₹ 20,000/- and First cheque Book of 50 leaves free
  • Salary And Pension Solutions For Central State Government Employees

    bob Govt Bodies Current Account

    Current Account designed for Govt. Bodies with inbuilt Free services such as Ledger Folio charges, Cash Handling charges, Collection of Outstation Cheques charges, SMS Alerts charges and Sweep Facility on Request.

    • Minimum QAB balance Nil and Sweep Facility Available
    • NEFT / RTGS / IMPS through Branch/Internet Banking / Cheque book / Ledger Folio/ SMS & Email Alerts - Free
    • Cash deposit - Free in Base Branch and BCMS, IPG, POS, QR code facilities available
  • Baroda Current Accounts Thumbnail

    bob Current Account for LIC/Other Insurance

    A current account for life and general Insurance companies. Apart from the many benefits, this current account holds, key features of this account are Internet Payment Gateway (IPG) facility available and immediate credit of outstation cheques.

    • Minimum Balance: Nil and Maximum Balance: No limit
    • Immediate credit of outstation cheque upto ₹ 20,000/-
    • First cheque Book of 50 leaves free and SMS Alerts / Email Alerts, Standing Instruction (within Bank), BCMS, IPG facility available

Frequently Asked Questions (FAQs)

  • What is a current account?

    A current account means a form of demand deposit, where withdrawals are allowed any number of times, depending upon the balance in the account or up to a particular agreed amount.

  • How to open a current account?

    The current account can be opened by visiting the branch with the valid KYC documents along with the other documents depending on the type of current account to be opened. For more details refer, click on the type of current account you want to open, and check the “Documents Required” section.  

  • What are the different types of current accounts?

    The different types of current accounts are –

    • Baroda Advantage Current Account
    • Baroda Premium Current Account (BPCA)
    • Baroda Premium Current Account Privilege (BPCAP)
    • Baroda Small Business Current Account (BSBCA)
    • Baroda Scaleup Current Account
    • Baroda Startup Current Account

    These are a few of the types of current accounts, which can be opened.  
     

  • Can I open my current account online?

    At present, this opening a current account online is not available.

  • What documents are required to open a current account?

    Please check the “Documents Required” tab for the type of current account you wish to open.  

  • What are the benefits of a current account?

    The current account is ideal for firms, companies, institutions, HUF, individuals, etc., who need banking facilities frequently. This is one of the most basic and flexible deposit options, allowing transactions without limiting the numbers.

  • Does the current account have an ATM card?

    Yes, ATM cards are issued in current accounts.

  • Is a current account taxable?

    No, the current account is not taxable as no interest is payable except for some scheme-specific accounts.

  • Can I open a zero-balance current account?

    Yes, zero-balance current accounts can be opened by anyone.

  • Is there any interest paid on current accounts?

    No, interest is not payable on current accounts.

  • Who can open a current account?

    Current Accounts can be opened by:

    • Individuals
    • Partnership firms
    • Private and Public Limited Companies
    • HUFs
    • Specified Associates
    • Societies
    • Trusts
    • Departments of authority created by Government (Central or State)

    Limited Liability Partnership, etc.

  • What is the minimum balance for a current account?

    The minimum balance for the current account depends upon the scheme variant in which the account is opened. For Bank of Baroda’s current account minimum balance requirements, refer to the “Fees & Charges” section for a specific type of current account on this link.  

  • Why current account is needed?

    The current account is required for business purposes, where the frequency of transactions is more. Current Deposits product is ideal for firms, companies, institutions, HUF, individuals, etc., who need banking facilities more frequently.

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