BANK OF BARODA

1.1 INTRODUCTION OF BANK OF BARODA
Bank of Baroda is one of the most prominent banks in India, having its total assets as Rs. 1, 43,146 Crores as on 31st of March 2007. The bank was founded by Maharaja Sayajirao Gaekwad III (also known as Shrimant Gopalrao Gaekwad), the then Maharaja of Baroda on 20th of July 1908 with a paid capital of Rs. 10 Lacs. From its introduction in a small building of Baroda, the bank has come a long way to achieve its current position as one of the most important banks in India. On 19th of July 1969, Bank of Baroda was nationalized by the Government of India along with 13 other commercial banks. The bank offers a wide array of customized and specialized services to meet the diverse needs of its customers, and these services have been categorized into Personal Banking, Business Banking, Corporate Banking, International Banking, Treasury Banking and Rural Banking services

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BANK OF BARODA

1.2 DEFINITION & MEANING OF BANK

BANK DEFINITION:

A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits, making loans, investing in

securities. The bank generates profits from the difference in the interest rates charged and paid.

MEANING OF BANK:

A bank is a financial institution licensed by a government. Its primary activities include borrowing and lending money. Many other financial activities were allowed over time. For example, banks are important Players in financial markets and offer financial services such as investment funds. In some countries such as Germany, banks have historically owned major stakes in industrial corporations while in other countries such as the United States banks are prohibited from owning non-financial companies. In Japan, banks are usually the nexus of a cross-share holding entity known as thezaibatsu. In France, banc assurance is prevalent, as most banks offer insurance services (and now real estate services) to their clients.

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BANK OF BARODA

1.3
1990s
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HISTORY OF BANK OF BARODA

1990: BoB opened an OBU in Mauritius, but closed its representative office in Sydney.

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1991: BoB took over the London branches of Union Bank of India and Punjab & Sind Bank (P&S). P&S¶s branch had been established before 1970 and Union Bank¶s after 1980. The Reserve Bank of India ordered the takeover of the two following the banks' involvement in the Sethia fraud in 1987 and subsequent losses.

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1992 BoB incorporated its operations in Kenya into a local subsidiary with a small tranche of shares quoted on the Nairobi Stock Exchange.

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1993: BoB closed its OBU in Bahrain. 1996: BoB Bank entered the capital market in December with an Initial Public Offering (IPO). The Government of India is still the largest shareholder, owning 66% of the bank's equity.

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1997: BoB opened a branch in Durban. 1998: BoB bought out its partners in IUB International Finance in Hong Kong. Apparently this was a response to regulatory changes following Hong Kong¶s reversion to the People¶s Republic of China. BoB also acquired Punjab Cooperative Bank in a rescue.

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1999: BoB merged in Bareilly Corporation Bank in another rescue. At the time, Bareilly had 64 branches, including four in Delhi. In Guyana, BoB incorporated its branch as a subsidiary, Bank of Baroda Guyana.
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BANK OF BARODA

BoB added a branch in Mauritius, but closed its Harrow Branch in London.

2000s
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2000: BoB established Bank of Baroda (Botswana). 2002: BoB acquired Benares State Bank (BSB) at the Reserve Bank of India¶s request. BSB was established in 1946 but traced its origins back to 1871 and its function as the treasury office of the Benares state. In 1964, BSB had acquired Bareilly Bank (est. 1934), with seven branches; it also had taken over Lucknow Bank in 1968. The acquisition of BSB brought BOB 105 new branches.

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2002: Bank of Baroda (Uganda) was listed on the Uganda Securities Exchange (USE).

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2003: BoB opened an OBU in Mumbai. 2004: BoB acquired the failed Gujarat Local Area Bank, and returned to Tanzania by establishing a subsidiary in Dar-es-Salaam. BoB also opened a representative office each in Kuala Lumpur, Malaysia, and Guangdong, China.

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2005: BoB built a Global Data Centre (DC) in Mumbai for running its centralized banking solution (CBS) and other applications in more than 1,900 branches across India and 20 other counties where the bank operates. BoB also opened a representative office in Thailand.

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2006: BoB established an Offshrore Banking Unit (OBU) in Singapore.

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BANK OF BARODA y 2007: In its centenary year. 5 . China (02/08/2008). BoB¶s total business crossed 2. its branches crossed 1000. y y 2008: BoB opened a branch in Guangzhou. Indian Overseas Bank and Andhra Bank. enabling it to trade as a bank in New Zealand (2009/09/01) 2010 y 2010: Malaysia awarded a commercial banking license to a locally incorporated bank to be jointly owned by Bank of Baroda. 2008: BoB opened a joint venture life insurance company with Andhra Bank and Legal and General (UK) called IndiaFirst Life Insurance Company y 2009: The Bank of Baroda registered with the Reserve Bank of New Zealand. and its global customer base 29 million people.09 lakh crores.

5% over the deposit rate with monthly rests in case of depositor -borrower and in case your friends want to avail loan against your deposit the rate of interest will be a little higher depending on loan amount.BANK OF BARODA 1. FIXED DEPOSITS TYPES OF FIXED DEPOSITS:  Short Deposits y A Scheme for High Return on your savings even for a short period of less than 1 year. filling of any forms etc. An ideal option for all transitory savings. y Accepted as a Security by Govt. An ideal option for all transitory savings to meet the requirements. y y 6 . Nomination facility is available.4 DEPOSITS OFFERED BY BANK OF BARODA: 1. y Overdraft / loan against deposit provided on demand upto 95% of deposit amount without any guarantor and processing fee. y For such advances interest shall be charged 1. Deptt. even for 1 day and upto the maturity period of deposits to meet short term requirements and needs. Accepted as margin for Non-fund based facilities.

000/-. 10.BANK OF BARODA  Baroda Fast Access Deposit Scheme Bank of Baroda's Fast Access Deposit is a prudent way to security.120 months.000/.000/Add to this. 1. y No additional documentation for availing overdraft. 7 . Maximum . Subsequent deposits in multiples of Rs.12 months. y y Terms & Conditions y Minimum amount required to open an account . Join this deposit product with a minimum deposit of Rs. Deposit Tenure: o o y y Minimum . The plan provides you with the facility of overdrawing your account up to 95% of your deposits.(under RIRD plan) Key Benefits y Loan/Overdraft facility up to 95% of the deposit amount right from day one.50% interest for senior citizens. An additional 0. in multiples of Rs.Rs. liquidity and relief. 10. 1000 (under RIRD plan). Provision for nomination.

y On pre-matured withdrawal of your deposits amount. Opening of a current account is mandatory. interest will be calculated at 1% below the rate applicable for the period of deposits. Key Benefits: y A highly flexible product. 8 . y  BOB Suvidha Fixed Deposit Scheme A product is offering a combination of competitive interests as well as easy liquidity. always. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months. Offers dual advantage of attractive rate of interest as well as flexible withdrawal limit. which works to your needs. A convenient way of utilizing your deposits giving you the best of both. y No penalty for premature payment will be levied in case of premature payment of deposits up to Rs. y y Provision for nomination.BANK OF BARODA y Interest will be compounded quarterly depending upon the maturity period of the deposit. long-term as well as short-term deposit plans. y Interest payments are subject to TDS (Tax Deducted at Source).

y Provision for nomination. monthly/quarterly/half yearly/yearly and supplement your earnings. y Provides you the comfort of liquidity along with a security of your money being in safe hands. Key Benefits: y This plan does not demand any extra formalities. y An additional 0. y Minimum period of deposit is 12 months.e. Terms & Conditions: y Deposit account can be opened with minimum amount of Rs.100/-. extending to a maximum of 120 months. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months. y Interest on your deposit credited on quarterly basis.and above).50% interest for senior citizens (applicable only for deposits of Rs. hence enabling you to withdraw as much as 95% of the deposit amount. 10000/. No penalty for premature payment will be levied in case of premature payment of deposits up to Rs.000/and subsequent deposits in multiples of Rs.BANK OF BARODA  Regular Income Plan Your deposits bring regular income i. 9 y . 1. as concerns overdrafts and withdrawals.

BANK OF BARODA y On pre-matured withdrawal of your deposits amount.50% interest for senior citizens (applicable only for deposits of Rs. 10 . y Provision for nomination.000/and subsequent deposits in multiples of Rs. y Provides you the comfort of liquidity along with a security of your money being in safe hands. y An additional 0. as concerns overdrafts and withdrawals. hence enabling you to withdraw as much as 95% of the deposit amount.  Monthly Income Plan The Monthly Income Plan is tailored for those individuals who regularly need money to supplement their income i.and above). interest will be calculated at 1% below the rate applicable for the period of deposits. 10000/.e. y Interest payments are subject to TDS (Tax Deducted at Source). 1. each month. Key Benefits: y This plan does not demand any extra formalities. Interest earned on your deposit becomes another source of income.100/-. Terms & Conditions: y Deposit account can be opened with minimum amount of Rs.

Compound interest ensures that your savings grow faster.12 months.120 months. Maximum . y Provides you the comfort of liquidity along with a security of your money being in safe hands. The plan provides you with the facility of overdrawing your account by way of a pre-issued cheque of up to 95% of your deposits. y Interest will be paid on monthly basis at discounted rate. 11 . y y On pre-matured withdrawal of your deposits. y Interest payments are subject to TDS (Tax Deducted at Source). No penalty for premature payment will be levied in case of premature payment of deposits up to Rs. Key Benefits: y This plan does not demand any extra formalities. hence enabling you to withdraw as much as 95% of the deposit amount. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months. as concerns overdrafts and withdrawals.BANK OF BARODA y Deposit Tenure: o o Minimum .  Regular Income cum Recurring Deposit Enjoy an increasing rate of interest with longer periods of deposit. interest will be calculated at 1% below the rate applicable for the period of deposits.

100/-. y On pre-matured withdrawal of your deposits.and above).120 months.Savings and Term Deposits. y Interest will be compounded quarterly & credited to your account half yearly.BANK OF BARODA y An additional 0. 1. y Provision for nomination. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months.12 months.  Capital Gain Account Scheme. y No penalty for premature payment will be levied in case of premature payment of deposits up to Rs.50% interest for senior citizens (applicable only for deposits of Rs. 10000/. 1988 The Capital Gain Account Scheme primarily helps you avail of tax exemptions from capital gains. interest will be calculated at 1% below the rate applicable for the period of deposits.000/and subsequent deposits in multiples of Rs. y Interest payments are subject to TDS (Tax Deducted at Source). y Deposit Tenure: o o Minimum . It offers two types of accounts. Terms & Conditions y Deposit account can be opened with minimum amount of Rs. 12 . Maximum .

Provision for nomination y Terms & Conditions: y Interest rates as per Savings Deposits/Term Deposits. Interest payments are subject to TDS (Tax Deducted at Source). Key Benefits y Loan/Overdraft facility up to 95% of the deposit amount additional to the accrued interest thereon (nature of requirement will not be a factor for withdrawal).25% over deposit rate. Your money remains safe and secure with an option of easy liquidity.75% (Depending on amount of loan) over the deposit rate with monthly rest in case of depositor -borrower and in case of others the rate of interest will be a little higher depending upon loan amount. y No processing fees will be charged for Loans and Advances 13 . y For such loans interest shall be charged 1.50% to 1. y  Term Deposits Enjoy an increasing rate of interest with longer periods of deposit. Interest rate on Loan against deposits of Senior Citizens shall be charged at 1.BANK OF BARODA Key Benefits: y Tax exemption under section 54(F)(4) of Income Tax Act 1961.

of India accepts the money deposited in this plan as a security. interest will be calculated at 1% below the rate applicable for the period of deposits. y The Govt. 14 . y Facility for auto renewal of your deposit. y No penalty for premature payment will be levied in case of premature payment of deposits up to Rs. in case such instructions haven't been received for the same. Eligible Persons: y All individuals and HUF are eligible to invest in the product. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months. retired persons etc. It is most suitable for income tax payers like salaried persons. y Deposits can be accepted as the margin money for non-fund based facilities. higher and middle-income group. This ensures that you don't lose out on interest. y Provision for nomination  Baroda Tax Savings Term Deposit Account.BANK OF BARODA against bank deposits. y On pre-matured withdrawal of your deposits.

. clubs. 100/. corporate etc.& in multiples of Rs. 1/lakh. are not allowed to invest under the product. trust. y Joint account may be in the name of maximum two adults or jointly to an adult and a minor. y The firms. As per Government¶s present Guidelines. Minimum & Maximum Amount: y Minimum amount shall be Rs. y 15 .Rs. 100/. institutions. Period of the deposit: Minimum 5 years with a maximum tenure up to 10 years.BANK OF BARODA y Deposit can be made in single name of an individual for himself or in the name of the Karta of the HUF OR in joint name. societies. in case of joint account/ joint holding of deposit. companies. income tax relief will be available only to the first holder of the deposit. For availing Tax benefit maximum amount in a financial year .

Bank of Baroda offers you under Savings Accounts. companies.BANK OF BARODA 2. individuals etc. HUF. Click each product for more information. CURRENT ACCOUNT Current Deposits product is ideal for firm. This is one of the most basic and flexible deposit options. You may choose from: y y y Baroda Advantage Current Account Baroda Premium Current Account (BPCA) Baroda Premium Current Account-Privilege (BPCAP) 3.. institutions. who need banking facility more frequently. allowing transaction without limiting the numbers. y Baroda Centenary Savings Account Savings Bank Account Super Savings Account Nagrik Bachat Khata Baroda Salary Advantage Saving Account Baroda Bachat Mitra 16 y y y y y . TYPES OF SAVING ACCOUNT  Baroda Savings Account Depending on the nature of the account and the governing terms and conditions.

000/-. y Free collection of outstation cheques drawn in favour of account holder (postage out of pocket expenses are recoverable). as per norms. This facility is only for 17 . y y Zero balance facility ± Your Savings Bank Account with us remain alive even when the balance reaches zero. y IMMEDIATE CREDIT of outstation cheques upto Rs. Easy to operate. This product is available at all CBS branches in India.  Savings Bank Account Key Benefits y Simplest deposit option available to the depositor. No hidden costs.25. Key Benefits: y Auto sweep: Auto transfer of funds exceeding certain fixed amount to Term Deposit to provide high yield on such funds.BANK OF BARODA  Baroda Centenary Savings Account: Baroda Centenary Savings Account a Superior Savings Bank a/c with added value propositions. y Auto reverse sweep in case of need to honour Cheque to Savings account from Term Deposit. Terms and conditions kept lucid to facilitate a layman's understanding. y FREE DEBIT CARD.

An ideal option to cultivate the habit of banking and saving amongst the younger generation. y Your deposits are insured by DICGC Option for money withdrawal by withdrawal forms or by cheque. y Free transfer of funds to any branch of our bank by Mail Transfers / Telegraphic Transfers (usual telegram charges to be recovered). y y y Provision for nomination. Public & Private Limited Companies. The product is available at our computerized branches at Metro and Urban centers only. Agents of Life & General Insurance Corporations and Students. Key Benefits y No charges for issuance of Demand Drafts (drawn on Indian branches) / Banker's Cheques to meet personal needs of the customers. y Free collection of outstation cheques drawn in favour of a/c holder. 18 .BANK OF BARODA salaried employees in Central/ State Govt. Even for those receiving compensation from govt.  Super Savings Account The product is in the nature of superior Savings Bank Account with added value propositions to high value resident customers. for acquisition of their properties.

Societies.  Nagrik Bachat Khata The Indian economy has undergone a significant transformation since the economic reforms in 1991 with the banking sector in the forefront. 19 . Nagrik Bachat Khata is a product through which Bank of Baroda intends to extend its services to a vast section of population by making banking easy and convenient. 50/Zero service charges for non-maintenance of a minimum balance of Rs. 50/- y y y Terms & Conditions: y Who can open the account: All resident individuals who are eligible to open Savings Bank Account avail of this offering in single or joint names. etc. This product is not for Non Resident Indians. in case funds are required in the account to bring you higher interest with high liquidity. Key Benefits: y Services designed to cater to a vast majority of Indian population Banking simplified Open account with an initial amount of just Rs. Trusts.BANK OF BARODA y Auto / Reverse Sweep: Auto transfer of funds exceeding certain fixed amount to short deposit and auto retransfer to the account from short deposit.

A cheque book of -10. 50/. However. 1 lakh y Account can be operated by the customers using withdrawal slip along with pass book only. Free Chequebooks for routine requirement. No service charges for non-maintenance of minimum balance y Maximum amount: There is no ceiling on the amount deposited/held in the account.at all centers (Metro/Urban/Semi Urban/Rural). No minimum balance requirement in the account. It's a saving bank account with an in built feature of overdraft facility to the salaried persons. Key Benefits y Overdraft facility available upto Rs 1 lakh. in case of minors (between 10 and 14 years). maximum amount cannot exceed Rs.  Baroda Salary Advantage Saving Account Bank of Baroda now has a special salary account with added benefits.leaves will be issued on request for one year free of cost.BANK OF BARODA y Minimum amount: Rs. y Number of withdrawals not to exceed thrice in a month. Earn interest on credit balance account as per saving bank a/c rules. 20 y y y .

universities. semi govt. y y y Third party guarantee. y Age: Minimum .  Baroda Bachat Mitra Key Benefits y Product Nature: Overdraft facility in Savings Account secured by Pledge of Term Deposit y Eligibility Criteria: Individuals eligible to open Savings Account singly / jointly and having attained the age of 18 years 21 . corporations. organizations. urban development authorities.Rs5000/The maximum overdraft limit .BANK OF BARODA y No ceiling on the amount to be deposited and credit balance in the a/c. educational institutions.Rs. reputed public ltd companies & selected private ltd companies with minimum one year service with the organization. PSUs. 1 lakh subjected to 90% of net salary (average of last three months).21 years. MNCs. state/central govt. Terms & Conditions y This account can be availed by regular employees of state/central government. Minimum take home salary .

y Maximum Amount: There shall be no ceiling on the maximum amount to be deposited as fixed deposit and credit balance in Savings Account. as per extant guidelines of the bank.and maximum of Rs100000/. as such no service charges shall be levied towards maintenance of minimum balance. accepting deposit. y Processing & Documentation Charge : ---Nil--Security for Overdraft facility: Pledge of FDR duly discharged by the depositor. FDRs issued by any other branch /bank cannot be pledged and accepted as security. Fixed Deposit: Minimum amount of deposit accepted for the facility would be Rs10000/..BANK OF BARODA y Minimum Amount: Savings Account: There shall be no minimum balance requirement for Savings Account.5% over Fixed Deposit rate with monthly rests and a minimum of Rs25/. at the time of .will be charged during a month if overdraft facility is availed. y Interest Rate: Fixed deposit: As per contractual rate.and thereafter in multiples of Rs1000/. Savings A/c: As per existing rules for credit balance in SB A/c¶s and for debit balance in Savings A/c 1. y Overdraft Limit: To the extent of 80% of Fixed Deposit with a minimum limit of Rs8000/. Third party FDRs are not eligible under this scheme. Letter of pledge of FDR ( LDOC -16 A) y 22 .with a minimum period of 12 months and maximum period of 120 months.

23 . o FDRs under BOB Suvidha will not be accepted under the scheme. o Existing procedure shall be followed by the branched for premature payment of FDRs. liquidate it by prepaying the deposit and appropriating proceeds thereof after giving due notice to the customer.BANK OF BARODA y Other conditions : o On due date of FDR the facility may be renewed at the request of the customer. o Depositor may be given an acknowledgement having pledged the duly discharged FDR with the bank. o All the extant guidelines including KYC Norms will be applicable while opening Savings and FDR accounts.. bank shall have right to cancel the facility. depending upon circumstances. o Nomination Facility shall be available the depositors for their Savings and Fixed Deposits Accounts. o If the borrower fails to pay the interest in overdraft account and /or the accounts remains overdrawn for a quarter. overdraft facility may be liquidated by appropriation of proceeds of the FDR after giving due notice to the borrower or alternatively FDR may be renewed under auto renewal facility and overdraft facility may also be renewed at revised interest rate linked with FDR. In absence of any request.

24 .BANK OF BARODA 1.  Baroda Home Improvement Loan Bank of Baroda brings to you a unique loan product. Fittings & Fixtures. Home Loan is available for: y Purchase of new / old dwelling unit. y y y y Repayment period up to 25 years (floating rate option). Purchase of plot of land for construction of a house. Repaying a loan already taken from other Housing Finance Company / Bank. A loan for Repairs / Renovations / Improvement / Extension of Home and for Furniture.5 DIFFERENT LOANS OFFERED BY BANK OF BARODA  Baroda Home Loan Bank of Baroda invites you to be a proud owner of your own home and offers easy Home Loan with a number of conveniences to suit your budget. Construction of house.

Key Benefits y The scope for the New Product has been kept wide to cover the target groups.2/-lakhs.BANK OF BARODA Key Benefits y Loan available for repairs / renovation / improvement / extension of the existing house. geysers.  Loan Against Future Rent Receivable¶s Loan Against Future Rent Receivables has been developed considering the growth potential in the real estate in various metros and urban centers. viz. 25 . y Loan available for purchase of furniture / fixtures / furnishing / other gadgets such as fans. y The minimum and maximum loan limits are fixed at Rs. air conditioners etc.1000 lacs respectively. to: o o Our existing housing loan borrowers New borrowers y Free Credit Card: Free Credit Card (complementary for first year) will be issued to borrowers with loan limit above Rs. owners of immoveable properties (lessor) belonging to all types of the constitution.1 lac and Rs. where many commercial properties/shopping malls are being developed and the owners approach banks for loans against securitization of future rent receivables from such properties. required.

All resident Indians. executive development etc. hospitality and travel management. Bank of Baroda brings to you Baroda Career Development. Bank of Baroda's Two-Wheeler Loan make it possible to purchase a twowheeler and pay back in easy monthly installments. thereby reducing the burden of a one-time payment. professionals. diploma or degree courses offered in aviation. in India / abroad. To help the future management leaders acquire higher specialized managerial skills and dominate the global arena. a two-wheeler is as much a boon as it is to a car owner. trainings. the options available to the customer are both attractive as well as convenient. a unique loan facility for working persons. pilot trainings. With newer models coming out each year. 26 .  Baroda Two Wheeler Loan For those individuals who prefer to travel more conservatively or to get to their destinations faster. skill up gradation. businessmen and farmers can apply for this loan.BANK OF BARODA  Baroda Career Development Gainfully employed persons intend to pursue higher education. self-employed. vocational courses. salaried.

bodies such as Partnership firms and Co-op societies to avail of working capital or undertake development of shop by way of loan/overdraft.Generate additional income from an otherwise idle property. Deposit surplus money / regular income / salary and save interest. y Withdraw money as per your need and save on interest cost. Flexibility to withdraw money deposited earlier. Proprietorships. 200 Lacs. y y 27 . y y  Baroda Mortgage Loan Bank of Baroda brings to you an innovative combination of a loan and over draft facility with flexible repayment options against the security of your immovable property. Key Benefits y Option to avail the credit facility as loan or overdraft.BANK OF BARODA  Baroda Traders Loan The Baroda Traders Loan facility enables individuals. Key Benefits y Ideal use of idle property . Dealers in gold/ silver jewelry are also covered under the scheme. Advance available up to Rs. Loan can be repaid in a maximum period of 60 months.

Yet other expenses and plans in life take priority and the dream of owning a car takes a back seat. Whether as a comfortable and dependable means of 28 . the Bank of Baroda Education Loans. can help finance your ambitions and goals. Higher studies and specialization in certain fields call for additional financial support from time to time. a vehicle is but a necessity. Following are the loan options available: y Baroda Vidya Baroda Gyan Baroda Scholar y y  Baroda Car Loan In today's fast paced world. Whether you are planning school education (nursery to standard XII) of your child.BANK OF BARODA  Baroda Education Loan Education is the most important investment one makes in life. pursuing a graduate or post-graduate degree.

designed specially to cater to the financial needs of the doctors. Nursing Home. we believe you deserve ownership of a vehicle. a one of its kind. o o 29 . The advance is available for projects related to setting up / expansion of nursing home / hospital / clinic and pathological lab etc. Pathological Laboratory. Setting up of operation theatre. Bank of Baroda also presents unique ads on facility for installation of CNG / LPG gas-kit in new/old (not more than 3 years) four wheeler. Purchase of medical / diagnostic equipments. Save money. Save earth.  Baroda Loan to Doctors Bank of Baroda brings to you Baroda Loan to Doctors. Key Benefits y The loan can be availed as a demand / term loan and / or overdraft as per your preference The loan is available for following purposes: o y Development of clinic / Clinic-cum-residence.BANK OF BARODA transport or as a status symbol in society. The Car Loans from Bank of Baroda are designed to finance the car that suits your need and matches to your status & taste. Convert to alternative fuel today and bank on us for your financial requirements.

Key Benefits y y Helps you take care of all kinds of expenses at a short notice. holiday and medical expenditure or for any other personal use. The Loan may be availed to meet expenses related to marriage.BANK OF BARODA  Baroda Personal Loan A wedding in the family. Maybe it's high time you surprised your spouse with a priceless gift. Bank of Baroda's Personal Loan offers financial help to meet your personal requirements. That's when you can bank on us. travel. The loan is also available to Pensioners/Defenses Pensioners Loan is also available for Earnest Money Deposits for buyers of home/flat/plot y y 30 . honeymoon. Or you simply need to pamper your family with an extended vacation. These are the times when you may need a helping hand.

y At VISA Electron merchant shops. avoiding visits to even our nearest branches. 31 . as you pay. in India and abroad.6 DIFFERENT CARDS PROVIDED BY BANK OF BARODA 1. The card is also accepted at any 350000 merchant outlets in India and around 29 millions globally. or to check the balance in your account. The card enables you to enjoy the convenience of cash-less purchasing power without the fear of overdrawing your account Key Benefits y Take advantage of the most widely accepted card and be able to withdraw from any ATM displaying the VISA logo. DEBIT CARDS The Bank of Baroda International Debit Card is accepted at over 50000 Visa Electron ATMs in India and 1000000 ATMs worldwide. it can also serve as your electronic purse.BANK OF BARODA 1. y The Card allows you to get mini-statements from Bank of Baroda ATMs. and money gets debited instantly from your account.

15. A credit card is different from debit card in that it does not remove money from the users account after every transaction. limit of Rs. 000 onwards. the issuer lends money to the consumer. (The company has the right to issue cards with lower limits also with a min.5. Types of credit cards: 1. CREDIT CARDS A credit card is a system of payment named after the small plastic card issued to users of the system.BANK OF BARODA 2.000/-) Cash Photo withdrawal: card with 10% signature of sanctioned scanned for limit security Worldwide Acceptance 32 . NEXTGEN BOBCARD GOLD Eligibility: Students of age 18 years & above of Professional Degree/Diploma level courses. In the case of credit cards. Features: Revolving credit: Rs.

00.000/-) . It is globally accepted over 30 million locations and 8. 30% APR 33 . What's more.000 (The company has the right to issue cards with lower limits also with a min. 3. limit of Rs. Eligibility Individual : Annual income of Rs. Features · Revolving credit : Rs.5% (i. . Cash withdrawal: 20% of credit limit.000 or more. BOBCARDS GOLD (VISA) Description BOBCARD Gold is affiliated with Visa International & valid throughout the world. these cards are packed with great features and benefits. Its features offer you the freedom you deserve and the convenience you desire. BOBCARD presents these premium cards to offer its gratitude to the High Net worth Individuals.00.BANK OF BARODA 2.50.e. Exclusively designed. you can withdraw cash up to 20% of credit limit from our area offices/BOB/ATM's. 75.000 ATMs worldwide. Service charge on revolving credit limit : 2.

Service charge on revolving credit limit: 2. get your Gold MasterCard today and be a part of the evolution.100 whichever is higher 34 . Exclusively designed. these cards are packed with great features and benefits. What's more. So. 75. you can withdraw cash up to 20% of credit limit from our area offices/ BOB/ATM's.50. limit of Rs. . MASTERCARD GOLD Description BOBCARD Gold is affiliated with MasterCard International & valid throughout the world. Features · Revolving credit: Rs.000 or more. Its features offer you the freedom you deserve and the convenience you desire.BANK OF BARODA 3. Not to mention the extra benefit of insurance it offers -Accidental Insurance and Baggage Insurance.000 (The company has the right to issue cards with lower limits also with a min.000 ATMs worldwide.5% or Rs. 3.00. It is globally accepted over 30 million locations and 8. Cash withdrawal: 20% of credit limits.00.5% (i.e. Eligibility Individual: Annual income of Rs. 30% APR) · Service charge on Cash withdrawal : 2. BOBCARD presents these premium cards to offer its gratitude to the High Net worth Individuals. 000/-) .

(Subject to repayment of earlier cash withdrawal amount) .e. BOBCARDS EXCLUSIVES Description: This card is welcomed at over 29 million Merchant Establishments and over 8.000 onwards. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit. 000) . (The company has the right to issue cards with lower limits also with a min. limit of Rs. 2.000 or more. 00.5% or Rs. 35 . This card is affiliated with MasterCard International and is very popular amongst the Bobcards holder.5% (i. Service charge on revolving credit limit: 2.100 whichever is higher (at Bobcards/Bank of Baroda branches).BANK OF BARODA 4. 00.25. 40.000 ATMs worldwide. Features · Revolving credit: Rs. 30% APR) · Service charge on Cash withdrawal: 2. Eligibility Individual: Annual income of Rs.

000 or more. This card is affiliated with MasterCard International and is very popular amongst the Bobcards holder. limit of Rs. 36 .5% (i. 40.100 whichever is higher. 2.e. BOBCARD EXCLUSIVE WOMAN Description BOBCARD Exclusive Woman Card is a tribute to the glorious women of India who are acclaimed for their contributions to the human civilization. Eligibility Individual: Annual income of Rs.5% or Rs.25. 00. This card is welcomed at over 29 million Merchant Establishments and over 8. Features · Revolving credit: Rs.BANK OF BARODA 5. BOBCARDS presents this Card to offer its gratitude to the great women souls of the land. (The company has the right to issue cards with lower limits also with a min. (subject to repayment of earlier cash withdrawal amount) . 000) .000. 30% APR) Service charge on Cash withdrawal : 2. Service charge on revolving credit limit: 2. 00. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit.000 ATMs worldwide.

2. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit. This card is affiliated with MasterCard International and is very popular amongst the Bobcards holder. (subject to repayment of earlier cash withdrawal amount) 37 . Eligibility Individual: Annual income of Rs. This card is welcomed at over 29 million Merchant Establishments and over 8. Features · Revolving credit: Rs.25. As a tribute to this undying force. 00. the youth demands only the best. Be it in terms of career or lifestyle.000) .000 or more. 00. Not surprisingly. (The company has the right to issue cards with lower limits also with a min. BOBCARD EXCLUSIVE YOUTH Description The youth of our nation is truly the dynamic force around which our society and commerce is revolving.000 ATMs worldwide. limit of Rs. 40.BANK OF BARODA 6.000. BOBCARDS now presents Exclusive Youth Card packed with features designed to support them even more in terms of convenience and financial independence.

BANK OF BARODA 1) To study services offered by bank to the consumers. 4) To study different types of Debit cards offered by the Bank of Baroda. 3) To see whether consumers are satisfied with the services offered by the bank. 38 . 5) To promote fair and cordial relationship between the customers and the bank. 6) To sell maximum product in market. 2) To study the Product given by the bank to the consumers.

Interview of Mr. The questionnaire was filled by the respondent of that bank to see whether they are satisfied with the service of the bank. Primary Data:As a research focus on the boom in Bank of Baroda the annexure is mainly designed to find out the consumer for special perception about different shares. A. Rakesh Sharma. Study of this nature is based on primary to secondary data. y Questionnaire:The survey was conducted in the area to collect the information of Bank of Baroda. The sample size was 50 and closed end it with multiple choices questionnaire is taken for studies. the manager of Bank of Baroda of Andheri branch was taken to collect the information of the bank. The following methods can be used as primary data:y Personnel Interview:The primary data can be taken by personnel interview of the customer of the bank. The Interview method is used to collect the data. 39 .BANK OF BARODA Since the study involves of a boom in Bank of Baroda exploitary research will be helpful to do so.

Most of the information was collected from the internet from various websites. This information can also be used for making the projects. text book and Internet etc. There are websites in the internet where the data is stored. y Text books:The information collected from the text book is also known as secondary data. y Internet:In the internet there is much information which can be used for making projects.BANK OF BARODA B. Secondary Data:Sources of data that leads to intelligence are diverse and wide range. These are the way to collect the information for the projects which are primary data and secondary data. newspaper. The wide range of secondary data consists from magazines. Text book also helped in this project. 40 . This data is used for the projects.

Bank of Baroda was founded by Maharaja Sayajirao Gaekwad III (also known as Shrimant Gopalrao Gaekwad). Bank of Baroda provides Debit cards and various types of credit cards which are used by the consumers of the banks. 10 Lacs. This is how the bank provides various products to the consumers and offers various services to attract more customers. etc. Treasury Banking and Rural Banking services. current account. making loans. There are types of loans provided by the banks they are Baroda home loans. Baroda fast access deposits scheme. loans against future rent receivables. Baroda two wheeler loans. It offers the wide array of customised and specialised services to meet the diverse need of its customers. the then Maharaja of Baroda on 20th of July 1908 with a paid capital of Rs. Baroda career developments. investing in securities. Corporate Banking. various types of saving accounts. International Banking.BANK OF BARODA A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits. The bank generates profits from the difference in the interest rates charged and paid. bob suvidha fixed deposits scheme. and these services have been categorized into Personal Banking. etc. The accounts and deposits offered by this bank are short deposits. 41 . Business Banking.

I found that the loan facilities which are offering by Bank of Baroda are very good and regulations. found that the maximum number of customers are using saving a/c. Online Banking. Debit Card. Banking etc. According to the survey. Parmeshwaridevi Durgadutt Tibrewala Lions Juhu College of Arts. There were nearly 55% of customer having saving a/c in this bank. Credit Card. more than 90% customers are fully satisfied with the service which is offered by Bank of Baroda. Commerce & Science in suburban Mumbai. Only 25%customers are using fixed deposit a/c. interest rate. and 20% customers are using current a/c. the customers are living in technological environment that¶s way they demand tech oriented facilities like ATM. Today. 42 . are according the customer¶s requirements. in Bank of Baroda . I found that. E. conducted by the research student of Smt. The responses of these services are good. terms of maturity etc. in Bank of Baroda.BANK OF BARODA According to the survey.

43 . As far as services are concerned. Bank of Baroda has issuing VISA debit card & credit cards which can also be used at point of sales terminal ergo shopping malls etc. The biggest advantages of Bank of Baroda are the competitive rates of interest offers. this helps the customer to get urgent cash anytime & anywhere.BANK OF BARODA I conclude that Bank of Baroda has increased its profit due to customers in all of their areas by providing prompt service and friendly relationship with their customer. Bank of Baroda has put new ATM network in many places. it¶s what a person would expect from any public sector bank and little more.

2.. Sex: Male 4. Age Below 25 yrs 35-45 5. What types of credit cards do bank provides? 44 . Does the bank provide ATM CARDS? Yes No 8..BANK OF BARODA 1. «««««««««««««««««««««««««. «««««««««««««««««««««««««. 3.. Address: ««««««««««««««««««««««««. Which type of loans is provided by the bank? Home loans Car loan Loan against property Loan on Mortgage 7. Name: «««««««««««««««««««««««««. 25-35 45 & above Female Which type of bank account do you have? Savings A/C Current A/C Fixed deposit A/C Savings & current A/C 6.

Weather Bank of Baroda is better than other bank? Yes If yes. What kind of changes do you prefer in the services provided by Bank of Baroda? 45 .BANK OF BARODA Gold Card Gold& silver Card Silver Card none of these 9. reason:No 10.

BANK OF BARODA Website: www.com 46 .bankofbaroda.bob_managementparadise.com www.

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