Bank of Baroda savings account opening is simple and convenient, with both online and offline options available. Customers can choose from different BOB savings account types, each offering unique benefits, flexible features, and easy banking services.
Key Highlights
- Bank of Baroda Savings Account Opening Online - Download the BOB app, select Open a Savings Account Digitally, provide PAN & Aadhaar details, and complete video KYC to activate your account.
- Bank of Baroda Savings Account Opening Offline - Visit the nearest branch, fill out the account opening form with KYC documents, submit it with the initial deposit, and get your account activated after verification.
A Bank of Baroda Savings Account is a secure and convenient way to save money while enjoying banking benefits like fund transfers, ATM access, and digital services. With simple procedures for Bank of Baroda saving account opening, customers can apply both online and offline.
Follow the steps mentioned below to open a Bank of Baroda savings account online:
Step 1: Download the Bank of Baroda app on your mobile phone.
Step 2: You will find three horizontal lines in the top left corner, click it and select ‘Accounts’.
Step 3: Select the ‘Open a Savings Account Digitally’ option.
Step 4: If you agree with their terms and conditions, click on the ‘Yes’ option.
Step 5: Provide your contact details including product type and bank sub-product.
Step 6: Press the 'Generate OTP' button to receive the code.
Step 7: Provide your PAN card and Aadhaar card numbers. After completion, the bank officials will verify your provided details and contact you for further verification.
Step 8: Complete your video KYC for verification. Upon completion of your video KYC verification, you can start using your new BOB savings account.
To open a Bank of Baroda savings account offline, follow these steps:
Step 1: Go to the nearest Bank of Baroda branch.
Step 2: Ask the bank officials for the Bank of Baroda account opening form and fill out the details.
Step 3: Choose the type of savings account you prefer to open.
Step 4: Provide the required details following the 'Know Your Customer' (KYC) format, such as address proof, identity proof, and passport-size photographs.
Step 5: Attach the necessary documents with the application form and a cash deposit slip or demand draft.
Step 6: After the bank officials verify your details, your savings account will be opened.
The following is the list of documents required for the Bank of Baroda savings account opening:
To open a Bank of Baroda savings account you need to meet the following eligibility criteria:
Here is a list of different types of Bank of Baroda savings accounts that you can avail:
The minimum balance required for a Bank of Baroda savings account differs based on the account. It ranges from Zero to ₹1 lakh. Click here to know the different types of Bank of Baroda savings accounts in detail and the required minimum balance for each types of account.
Below is a list of Bank of Baroda savings account charges applicable for maintaining your account:
Types of Charges | Charges |
Transaction charges |
|
Stop payment instructions charges |
|
Passbook issuance charges |
|
Cheque book issuance charges |
|
Loss of complete blank cheque charges |
|
Addition or deletion of names in joint accounts |
|
Account opening charges with restrictive operations | ₹100 |
SMS alerts and charges | ₹20 paise per SMS + GST up to Rs. 15 + GST per month |
Inoperative account charges | NIL |
Issuing interest certificate charges | NIL |
The table below highlights the transaction limits for different types of Bank of Baroda savings accounts:
Bank of Baroda Bank Savings Account | Transaction Limit |
Baroda Family Savings Accounts | ₹50,000 per day |
Baroda Senior Citizen Privilege Savings Account | Unlimited transactions |
BOB BRO Savings Account | ₹50,000 per day |
Baroda Professional Savings Bank Account | ₹5,00,000 per day |
BOB LITE Savings Account | ₹50,000 per day |
Baroda Mahila Shakti Savings Account | ₹50,000 per day |
Baroda Pensioners Savings Bank Account | Unlimited transactions |
Baroda Platinum Savings Bank Account | ₹20,000 per day |
Baroda Jeevan Suraksha Saving Account | ₹50,000 per day |
Baroda Champ Account | ₹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:
Bank of Baroda offers a simple and flexible process for savings account opening, both online and offline. With Bank of Baroda saving account opening online, customers can complete the process quickly through video KYC, while the offline option ensures personalized assistance at the branch.
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