Bank announces Financial Results for quarter ended, 31st December 2023.
Bank of Baroda (UK) Ltd announces its intention to wind down and close its UK retail banking activities
Visit our website https://www.bankofbarodauk.com/ for any further information.
As per revised RBI directives all our Locker-holders are requested to visit Bank of Baroda, Base Branch.
With Bank Of Baroda personal loan, you get lowest interest rates, instant approval with minimal documentation. Checkout Bank of Baroda personal loan interest rates & eligibility. Apply now!
Apply for Bank of Baroda Home Loan online at the lowest interest rates. Checkout our home loan eligibility, interest rates, documentation. Get instant home loan approval. Apply now!
Car Loan: Apply for auto loan online by Bank of Baroda at an attractive interest rates & easy EMI option. Upto 90% financing on on-road price. Buy your dream car today!
Why should finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.
The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!
Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
Opt for Baroda Start-up Current Account and get attractive benefits.
A private limited company or a registered partnership firm or a limited liability partnership 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.
As per the List Of Valid KYC Documents For Account Opening guidelines issued by the Bank.
Also, one of the below-mentioned documents is mandatory.
(FRRO/ FRO Certificate/ Permit/ Indian Driving License/ OVDs/ any Deemed OVD mentioned herein above, is required to be provided for Indian Address Proof.)
(Any two of the following documents to be obtained)
Any one of the OVDs along with PAN/ FORM60 of the proprietor.
After 2 years from date of opening of current account, minimum QAB to be maintained is Rs.75,000/-. Service Charge of Rs 1000/-+ GST for Non-maintenance of QAB.
Withdrawal allowed by cheque only. No upper limit for cash withdrawing at base branch. At local non-base branch and outstation branches Cash withdrawal up to Rs.25,000/- per day per account is free of charges thereafter service charges is levied. Third party cash payment at non-base branches is not allowed.
Statement of Account is provided twice a month free of cost.
A/c cannot be transferred from one Branch to another Branch. For closure of Current account within one year @ Rs.600/-+ GST will be deducted.
Free for 1st 2 years from the date of account opening, thereafter 50% of applicable charges.
FOR CASH DEPOSIT
Frequently Asked Questions (FAQs)
This current deposit is a cost-effective product ideal for early-stage start-ups, looking to venture in innovation with high scalability.
Yes, you can open zero balance current account for start-up.
However, minimum QAB (Quarterly Average Balance) of Rs 75000 /- to be maintained to avoid charges.
Some of the benefits of opening a start-up current account are as follows.
At the Bank of Baroda, we provide a start-up current account to help and change the course of new generation of start-ups. There are many charges waived off, complimentary credit card (for the 1st year) and many more benefits just for start-ups, looking to grow and conquer their respective vision or idea.
The entity should be working towards innovation, scale, development or upgradation of processes, services or a scalable business model. They could also deploy a plan to generate wealth and employment besides improving or innovating the services.
As being a private limited company (as defined in the Companies Act, 2013) or a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008).
Note: Turnover as per last ABS should not be more than Rs. 25.00 crore and the entity should not be more than 5 years old.
For a star-up current account, the GSTIN is not mandatory.
However, when you register under the GST (Goods and Services Tax) scheme, you should have a functional current account for your start-up. Therefore, the business owner does not have to pay GST on current account set up or functioning.
The minimum quarterly average balance (QAB) for a start-up current account is Rs 75,000.
Whereas the charges for non-maintenance of min balance are Rs.1000 +GST. However, for the first 2 years, these non-maintenance charges are waived by the bank.
This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.
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