Bank of Baroda - India's International Bank - International

NRI Services

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

Other Value Added Propositions: (Available during period 1-12-2011 to 31-01-2012)

100% rebate on unified processing charges on Baroda Home Loan to NRIs sanctioned during NRI campaign period to First named accountholder subject to maintenance of minimum quarterly balance of Rs. 50000/-

Concession @ 0.25% in chargeable interest rate on Baroda Home Loan to NRIs sanctioned during NRI campaign period to First named accountholder & subject to maintenance of minimum quarterly average balance of Rs. 50000/-( Rs. Fifty Thousand only)

No charges on Demat account opened during NRI Campaign period � 1st Dec. 2011 To 31st Jan. 2012 - for first two years from opening date

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.

NRI Services


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