BANK OF BARODA SAVINGS BANK ACCOUNT

IMPORTANT ATTRIBUTES BANK OF BARODA SAVINGS BANK ACCOUNT
-Simplest deposit option available to the depositor.
-Easy to operate. Terms and conditions kept lucid to facilitate a layman’s understanding. No hidden costs.
-Zero balance facility – Your Savings Bank Account with us remain alive even when the balance reaches zero. This facility is only for salaried employees in Central/ State Govt. Public & Private Limited Companies, Agents of Life & General Insurance Corporations and Students. Even for those receiving compensation from govt. for acquisition of their properties.
-Your deposits are insured by DICGC
-Option for money withdrawal by withdrawal forms or by cheque.
-An ideal option to cultivate the habit of banking and saving amongst the younger generation.
-Provision for nomination.

BANK OF BARODA SAVINGS BANK ACCOUNT FEATURES AND RULES
-Money can be deposited for any quantum of time; there are no minimum or maximum deposit periods for this offering.
-Documents required:
–Passport size photograph
–Proof of residence
–An introduction as per Bank’s norms
–IT Declaration (Form 60/61)
–In case personal introduction is not possible, introduction by way of approved documents such as passport, driving license, pan card, election i-card, defence i-card, etc.