Where your money is fully safe, earns interest and is convenient to withdraw.
CRITERIA FOR OPENING A SAVINGS BANK ACCOUNT
Bank of Baroda pays interest on all savings accounts, the interest of which, is transferred to your savings account every quarter, though it is calculated daily. DICGC Insurance Cover Deposits along with interest kept in different branches of our Bank is insured by Deposit Insurance & Credit Guarantee Corporation (DICGC) maximum upto Rs. For Baroda Advantage Fixed Deposit (domestic) Accounts (Non Callable)(Deposit amount: Rs. And above) Non-Callable Bulk deposits of Rs.2.00 crore and above will also have additional interest upto 10 bps over the applicable rate of interest for Normal Bulk Deposits (callable) as per the maturity period of deposits as decided by The Treasury Department, BCC. Saving Deposits Balance up to Rs.1 lakh. 2.75% p.a Saving Deposits Balance above Rs.1 lakh. 2.75% p.a How do I open a Bank of Baroda Savings Account? A customer wishing to open a savings account with Bank of Baroda should submit the application form to any of the nearest physical branches. Rate of Interest as of; Baroda Home Loan. Baroda Car Loan. Baroda Education Loan. Baroda Personal Loan. Saving Bank Account is an ideal account to meet your every day banking needs. It is suitable for Residents and Non Residents, Charities, Clubs. Discount of 0.25% on rate of interest on Two Wheeler Loan Discount on processing charges for Auto, Mortgage and Personal Loans Baroda Platinum Saving Bank Account.
- National Identity Card (NIC) for a Mauritian Citizen
- Passport (for a foreigner residing in Mauritius ) along with work permit/ resident permit
- Proof of Residential Address
- Original of recent Utility Bills /Local Authority tax bill etc.
BENEFITS
- Easy to operate.
- Provides liquidity to meet with all types of payment obligations and gateway for other banking services.
- Tool to cultivate Banking habits in your kith and kin.
- Free issuance of ATM/Debit cards, accepted worldwide.
- Direct debit facilities to meet various bill payments.
TERMS AND CONDITIONS
- No minimum and maximum period.
Bank Of Baroda Saving Account Interest Rates
INTEREST PAYMENT TO INDIVIDUAL CUSTOMERS ONLY
Bank Of Baroda Saving Account Interest Rate Latest
- 0.50% per annum W E F 05.05.2020 payable on 1st June and 1st December
- Balance of Rs 5000.00 and above would only be eligible for payment of interest