Imagine having a savings account with Bank of Baroda that's super friendly. It's like a regular savings account, but guess what? No need to worry about keeping a minimum amount in there. It's a cool move, especially if you're a student. You get all the good stuff from a usual savings account without stressing about having a certain amount in it. It's simple, hassle-free, and perfect for focusing on your work without constantly thinking about your account balance.
Let's look into the features of different zero balance accounts which are being offered by Bank of Baroda so that you can choose the one that fits your needs:
Let's look into the features of different zero balance accounts which are being offered by Bank of Baroda so that you can choose the one that fits your needs:
Baroda Advantage Zero Balance Savings Account:
- Eligibility: All Indian residents above 18 years.
- Minimum Balance: None.
- Maximum Amount: No limit.
- Free Transactions: Unlimited at Bank of Baroda ATMs.
- Online Banking: Available.
Baroda Champ Account:
- Eligibility: Ages 0 to 18 years.
- Minimum Balance: None.
- Maximum Credit Balance: Rs 1.00 lakh.
Baroda Salary Variants Accounts:
- Minimum Balance: None.
- Maximum Amount: No limit.
- Additional Benefits: Free remittance, loan processing charge waivers, discounts on DD/BC, lifetime free credit cards.
B3 Silver Account:
- Designed for: Individuals opening accounts through mobile banking.
- Minimum Initial Funding: None.
- Maximum Amount: No restriction.
- Non-Maintenance Charges: None.
- ATM Withdrawals: Free at Bank of Baroda ATMs.
Baroda Government Employee Salary Account Scheme:
- Eligibility: Central and state government employees, PSU employees, employees of local bodies and companies with major government holdings.
- Minimum QAB Balance: None.
- Additional Benefits: Free unlimited cheque books, internet/mobile banking.
Basic Savings Bank Deposit Account:
- Eligibility: All resident individuals.
- Minimum Balance: None.
- Maximum Amount: No limit.
- Free Transactions: Unlimited at Bank of Baroda ATMs.
Baroda Defense Salary Package Account:
- Sub-Categories: BMSP, BCFSP, BPFSP.
- Benefits: Unlimited free transactions, free remittances, free demand drafts, mobile and internet banking, discounts on various services.
Offline Method
- Visit your nearest Bank of Baroda branch.
- Inquire about the zero-balance account.
- Fill the application form and submit necessary documents.
- Wait for bank verification, and once successful, you'll be notified.
Online Method:
- Visit the Bank of Baroda website.
- Fill out the online application form, upload necessary documents, and submit.
- Complete KYC verification through video KYC.
- Receive your customer ID and account number.