Saving is good. Saving smartly is better than Saving.
Open Saving Account in foreign currency and get attractive benefits
Savings accounts are a simple, convenient and hassle-free option to save and manage your money. With an extensive range of features and benefits, savings accounts from Bank of Baroda, IFSCBU are ideal for all NRI or Residents.
Interest Rates and Charges
Terms and Conditions
- As a customer, you can enjoy the many features of a savings account free of cost or for minimum charges.
- You may also apply for net banking on your savings account. With Net banking you can access your bank statements and make payments directly from your savings 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.
- Account can be Opened and maintained in USD/ EUR/ GBP or Any other Freely Convertible Currency acceptable at IBU.
All Individuals (Resident & Non Resident)
|Type of Account Holder||Officially Valid Documents|
Accounts of Individuals
Proof of Identity and Address
Customer from India
Customer from other country
|Non- Resident Individuals (NRI)||
(All following documents required)
Copies of the documents to be verified by the bank official with the original or duly attested by Banker / Notary Public/ Indian Embassy to the satisfaction of the bank.
Interest calculation and frequency
Interest is calculated on daily product basis and credited to accounts quarterly.
Minimum balance requirement
Min. QAB – USD/ EURO/GBP – 1000
Disclosure of information
Deposit Insurance not available
Other Terms & Conditions
Amount with respect to Deposit, Balance & charges etc. are in respective currencies in which the account is opened.
Amount deducted / charged by the correspondent bank for remittance will be over and above the charges mentioned in link.