With personalised services and various benefits, a Bank of Baroda provides various types of savings accounts. Go through this guide to learn about How to Open a BOB savings account online and Offline. Different types of BOB savings accounts, their charges, limits, and other essential details are also given.
Follow the steps mentioned below if you are looking for how to open a Bank of Baroda savings account online:
Upon completion of your video KYC verification, you can start using your new BOB savings account.
To perform the Bank of Baroda savings account opening process offline, follow these steps:
After the bank officials verify your details, your savings account will be opened.
To open a Bank of Baroda savings account you need to meet the following eligibility criteria:
The following is the list of documents required for the Bank of Baroda savings account opening:
Here is a list of different types of Bank of Baroda savings accounts that you can avail:
Different types of Bank of Baroda savings accounts require you to maintain different minimum balances. The following table mentions the minimum balance of different types of savings accounts:
Savings Account Type | Amount (in Rs.) |
Baroda Family Savings Accounts | Rs. 50,000 to Rs. 5,00,000 |
Baroda Senior Citizen Privilege Savings Account | Rural - Rs. 500 Semi-Urban - Rs. 1,000 Urban or Metro - Rs. 2,000 |
BOB BRO Savings Account | Rs. 0 |
Baroda Professional Savings Bank Account | Rs. 25,000 |
BOB LITE Savings Account | Rs. 0 |
Baroda Mahila Shakti Savings Account | Rural - Rs. 1,000 Semi-Urban - Rs. 2,000 Urban or Metro - Rs. 3,000 |
Baroda Pensioners Savings Bank Account | Rs. 0 |
Baroda Platinum Savings Bank Account | Rs. 1,00,000 |
Baroda Jeevan Suraksha Saving Account | Rs. 1,000 |
Baroda Champ Account | Rs. 0 |
Baroda SB Self-Help Group Account | Rs. 1,000 |
Here is a list of BOB savings account charges that you need to incur to maintain a savings account in the Bank of Baroda:
Types of Charges | Charges |
Transaction charges | Urban or Metro - Rs. 15 per debit (exceeding 50 debit entries) Rural or Semi-Urban - Rs. 12 per debit (exceeding 50 debit entries) |
Stop payment instructions charges | Urban or Metro - Rs. 100 per instrument Rural or Semi-Urban - Rs. 75 per instrument |
Passbook issuance charges | Urban or Metro - Rs. 200 per occasion Rural or Semi-Urban - Rs. 175 per occasion |
Cheque book issuance charges | Urban or Metro - Rs. 4 per cheque leaf Rural or Semi-Urban - Rs. 2.50 per cheque leaf |
Loss of complete blank cheque charges | Urban or Metro - Rs. 500 Rural or Semi-Urban - Rs. 400 |
Addition or deletion of names in joint accounts | Urban or Metro - Rs. 200 per occasion Rural or Semi-Urban - Rs. 175 per occasion |
Account opening charges with restrictive operations | Rs. 100 |
SMS alerts and charges | Rs. 20 paise per SMS + GST up to Rs. 15 + GST per month |
Inoperative account charges | NIL |
Issuing interest certificate charges | NIL |
Here is a table that mentions the transaction limits of different types of Bank of Baroda Bank savings accounts:
Bank of Baroda Bank Savings Account | Transaction Limit |
Baroda Family Savings Accounts | Rs. 50,000 per day |
Baroda Senior Citizen Privilege Savings Account | Unlimited transactions |
BOB BRO Savings Account | Rs. 50,000 per day |
Baroda Professional Savings Bank Account | Rs. 5,00,000 per day |
BOB LITE Savings Account | Rs. 50,000 per day |
Baroda Mahila Shakti Savings Account | Rs. 50,000 per day |
Baroda Pensioners Savings Bank Account | Unlimited transactions |
Baroda Platinum Savings Bank Account | Rs. 20,000 per day |
Baroda Jeevan Suraksha Saving Account | Rs. 50,000 per day |
Baroda Champ Account | Rs. 50,000 per day |
Baroda SB Self-Help Group Account | NIL |
If you face any issues or have queries regarding the Bank of Baroda savings account, you can contact them through the following customer care numbers:
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Bank of Baroda offers different types of savings accounts with personalized services. To open an account, follow steps online or offline with required documents. Eligibility criteria include being an Indian citizen with valid identity and address proof. Various account types have different minimum balance requirements and charges. Transaction limits also vary based on account type. Customer care numbers are available for queries.