New Bank of Baroda Savings Account Options and Features

Bank of Baroda has introduced new savings account options that cater to various customer needs. The Premier Savings Account offers a range of benefits, including a higher interest rate and unlimited free transactions.

With the Premier Savings Account, customers can earn up to 4% interest per annum on their balance. This is a significant advantage over other savings accounts that offer lower interest rates.

The account also comes with a complimentary credit card, which can be used for making purchases and earning rewards points. This can be especially useful for customers who want to earn rewards on their daily expenses.

The account's online and mobile banking facilities allow customers to manage their accounts and conduct transactions easily and securely.

Discover more: Bofa More Rewards Day

To open a new Bank of Baroda savings account, you'll need to provide various documents.

Aadhaar card is one of the essential documents required. Passport is also accepted.

You'll need to submit your salary slip as proof of income. Utility Bills are also acceptable.

Bank statement is another required document. Ration card is also accepted.

Income tax assessment order is required for some individuals. Registered sale deed or lease agreement is also needed.

Pension payment orders are accepted for certain customers. Government/Defence ID Card can be used as proof of identity for some individuals.

Aadhaar card and PAN card are also accepted. NREGA job card and Photo ID cards issued by Post Offices can be used as proof of identity.

Voter ID card and Employee ID are also accepted. Driving licence can be used as proof of identity.

Photo identity cards issued to students and approved by the All India Council for Technical Education (AICTE) or by the University Grants Commission (UGC) are also accepted.

You'll need to submit two passport-size photographs.

Check this out: How to Use Square for Credit Cards

Bank of Baroda offers a variety of savings account options to suit different needs. You can choose from a range of accounts, each with its own unique features.

The bank's savings account types include Baroda Family Savings Accounts, designed for families, and Baroda Senior Citizen Privilege Savings Account, which offers benefits to senior citizens. BOB BRO Savings Account is another option, ideal for professionals.

Here are some of the account options available:

You can open a bank account online using video KYC, which is a 100% paperless and digitally enabled process.

This method uses Aadhar based OTP to authenticate the customer and is available on the Bank of Baroda website.

To use this service, you'll need a mobile phone, tablet, laptop, or personal computer to access the online account opening journey.

The video KYC process allows you to identify yourself and open an account from the comfort of your own home.

The Bank of Baroda website is the place to start this online account opening journey, and it's a self-assisted process, meaning you can do it all by yourself.

Readers also liked: E Wallet Website

Bank of Baroda has implemented video KYC as an alternate and easier method of establishing customer identity for onboarding.

This service is designed to deliver a seamless customer onboarding experience and engagement, which is the bank's objective.

You can use your mobile phone to open the account, making it a convenient option for many people.

If you're planning to open a Bank of Baroda savings account, you'll need to meet the eligibility criteria, which includes being an Indian citizen and at least 18 years old.

Minors can also open a BOB savings account with the help of their parents.

To open a savings account, you'll need to provide valid identity and address proof.

You can use a variety of documents to prove your identity and address, such as an Aadhaar card, passport, or utility bills.

Some common documents required for opening a Bank of Baroda savings account include a salary slip, bank statement, and ration card.

You'll also need to provide two passport-size photographs.

Here's a list of some of the documents you may need to open a Bank of Baroda savings account:

If you're looking for a Bank of Baroda savings account, you have several options to choose from. Bank of Baroda offers a variety of savings account types to suit different needs and requirements.

The Baroda Family Savings Account is designed for families, while the Baroda Senior Citizen Privilege Savings Account is tailored for senior citizens. You can also consider the BOB BRO Savings Account for a specific type of savings.

The bank's savings account options include the Baroda Professional Savings Bank Account and the BOB LITE Savings Account. Additionally, there's the Baroda Mahila Shakti Savings Account for women and the Baroda Pensioners Savings Bank Account for pensioners.

The following types of savings accounts are available:

These savings account options offer a range of features and benefits to suit different needs and preferences.