Product Details
Bank Name
Bank of Baroda
Account Name
Baroda Super Saving Account
Account Type
Saving
Interest Rate
Upto 1 lakh -2.75%p.a and Above 1 lakh but less than 100cr - 2.75%p.a
Free Debit Card
Yes, free for the 1st year.
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
INR 20,000
Debit Card Charges
Debit card fee from the second year will depend on the card chosen by the accont holder.
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Baroda Super Saving Account
Special Features
Bank of Baroda provides auto/reverse sweep facility that comes with flexibility in sweep out amount as well as threshold.
Quarterly payment of interest.
Free unlimited chequebook facility.
25% discount on AMC of Demat account.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Flexible auto/reverse sweep facility.
Immediate credit of outstation cheques up to Rs. 25,000.
Quarterly payment of interest.
Free unlimited chequebook facility.
25% discount on AMC of Demat account.
Cons
Low interest rates.
No concession on any retail loan.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Online Method
Download the app: Download the Bank of Baroda mobile app, "bob World," on your smartphone.
Start the application: Open the app and look for the "Open a Savings Account Digitally" option.
Provide details: Enter your mobile number, product type, and sub-product. Click "Generate OTP" to receive a verification code.
Enter information: Provide your PAN card and Aadhaar card numbers along with other required details.
Verification: The bank officials will verify your provided details and contact you for further verification.
Complete Video KYC: You'll need to complete a Video KYC process for final verification.
Offline Method
Visit a branch: Go to your nearest Bank of Baroda branch.
Collect the form: Ask for the savings account opening form.
Fill in the details: Fill out the application form accurately.
Submit the form: Submit the filled-out form along with copies of your KYC documents (Aadhaar card, PAN card, proof of identity, and proof of address) and passport-size photographs.
Verification: The bank will verify your documents and process your application.