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Baroda Premium Non Resident External (NRE) Savings Bank Account
 
A Saving Bank product with value added propositions and privileges to high value NRI customers. The product is available in all Indian branches.
 
Key Benefits:
 
  • Free remittance facility if beneficiary maintains account at any of branch in India
  • Demand draft / Bankers cheque issued free of any charges
  • Cheque book facility available free of cost
  • No charges for collection of cheque drawn on self a/c / travel cheques / Currency notes tendered during personal visit
  • Custodial services free of cost
  • Free Debit VISA enabled ATM card
  • Free 24*7 day account access thru Internet Banking
  • Preferential Exchange Rate for conversion
  • Preferential allotment of lockers
  • Interest and principal fully repatriable
  • Tax exemption on interest earned
  • Saving Bank interest presently @ 4% p.a. is payable on daily balances
Penality Clause for Non Maintenance of Quarterly Average Balances:

  • Quarterly Average Balance (QAB) of Rs.50000- is to be maintained by depositor
  • Penalty of Rs.500 + service tax as applicable will be charged for non-maintenance of QAB of Rs.50000- in account
For further details, please contact the Bank of Baroda Branch nearest to you.
 
 

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