How to Apply for a Bank Account at Bank of Baroda
Savings account is an valuable tool to save money faithfully. With savings account, you can have a secure location for your money. Other benefits are the interest rewarded for your front money and the benefits given to depositors.
In India, Bank of Baroda can be your bank of option in beginning a bank account.
Bank of Baroda or commonly known as BoB is one of the largest banks in India along with another Big Four banks namely Canara Bank, State Bank of India, Punjab National Bank and ICICI Bank. The bank, collectively with 13 other chief profitable banks of India, was nationalised on July 19, 1969, by the government of India.
The bank was established in July 20,1908 by Sir Sayajirao Gaekwad III, the Maharajah of Baroda in the state of Baroda, Gujarat. Currently, the bank’s headquarter can be found in Baroda Corporate Centre, Plot No.-C-26, G-Block, Bandra Kurla Complex, Mumbai, India with Mr. M.D. Mallya as chairman and managing director.
Today, BoB has a system of connections of over 3,000 branches and offices, and about 1,100 ATMs all over India. It has significant international presence with a network of 72 centers in 25 nations, six subsidiaries, and four representative offices. The bank has branches in New York, London, Dubai, Hong Kong, Brussels,Singapore, Botswana, Guyana, Kenya, Tanzania, Uganda, Zambia, Malaysia, China, Thailand, Australia and China.
It has also has an extensive range of banking goods and financial services to corporate and retail customers like venture banking, credit cards, asset management, consumer banking, corporate banking, investment banking, investment management, private banking, private equity and mortgages.
When you are considering to apply for a bank account at Bank of Baroda, you must bring the following identification and evidence of address documents. You may submit any one document from every of the preceding two lists subject to the bank’s confirmation
LIST I (Latest/ recent photo identification documents)
1. Passport (a necessity for NRI)
2. PAN Sheet, Government ID Card
3. Driving Permit with photograph
4. Voter’s Identity Badge
5. Identity Card/ Confirmation from employer
6. Letter from certified public establishment or public servant verifying the identity (photo) of customer.
7. Confirmation letter from employer / other Bank verifying therein
photograph of the customer together with other things.
8. Any other credentials with photograph evidencing character of the applicant/s acceptable to the bank.
For married woman, proof of identity with her maiden name, if supported with a confirmed true duplicate of marriage certificate is acceptable as legitimate identity certification.
LIST II (Latest / recent documents showing address proof)
1. Passport
2. Telephone Statement, Electricity Statement, Ration Card
3. Driving License with address, Voters’ Identity Sheet
4. Bank account statement (with address)
5. Letter from company / Any document of communication issued by any establishment of Central / State Government or local body showing residential place of residence or business where one can be contacted
6. Income / Wealth Tax assessment order (with address)
7. Any documentary proof in support of residential address satisfactory
to the Bank
8. In case of married women address proof of the husband is satisfactory
Bank of Baroda is one of the excellent banks in India to open for a savings account. Keep in mind to arrange and pass up all requirements when opening a bank account to have a fast and easy processing of your application.
Gil Tenorio is a personal finance blogger who likes blogging on financial management, saving, investments and earn money online. To get helpful details on how to budget and open a new savings account at Bank of Baroda, you should visit India Bank blog for helpful articles on saving, investment and online money making.
Processing your request, Please wait....
