Investment Banking | How To Open For A Bank Account At Bank Of Baroda

In India, Bank of Baroda can be your bank of choice in opening a bank account.

Bank of Baroda or commonly recognized as BoB is one of the biggest banks in India along with other Big Four banks namely Canara Bank, State Bank of India, Punjab National Bank and ICICI Bank. The bank, collectively with 13 other chief commercial banks of India, was nationalised on July 19, 1969, by the government of India.

The bank was founded in July 20,1908 by Sir Sayajirao Gaekwad III, the Maharajah of Baroda in the state of Baroda, Gujarat. At present, the bank's headquarter can be found in Baroda Corporate Centre, Plot No.-C-26, G-Block, Bandra Kurla Complex, Mumbai, India with Mr. M.D. Mallya as chairman and managing director.

Today, BoB has a system of connections of over 3,000 branches and offices, and about 1,100 ATMs all over India. It has significant worldwide activity with an interconnections of 72 centers in 25 countries, six subsidiaries, and four representative offices. The bank has branches in New York, London, Dubai, Hong Kong, Brussels,Singapore, Botswana, Guyana, Kenya, Tanzania, Uganda, Zambia, Malaysia, China, Thailand, Australia and China.

It has also has a broad range of banking products and financial services to corporate and retail clients like venture banking, credit cards, asset management, consumer banking, corporate banking, investment banking, investment administration, private banking, private equity and mortgages.

When you are taking everything in mind to open for a savings account at Bank of Baroda, you should pass up the following identification and evidence of address documents. You may present any one document from every of the preceding two lists subject to the bank's approval

LIST I (Latest/ current photo identification documents)
1. Passport (a must for NRI)
2. PAN Sheet, Government ID Card
3. Driving License with picture
4. Voter's Identity Card
5. Identity Sheet/ Confirmation from employer
6. Letter from recognized public establishment or public servant validating the character (photo) of client.
7. Validation letter from employer / other Bank confirming therein
photograph of the client along with other things.
8. Any other credentials with photograph evidencing character of the applicant/s satisfactory to the bank.

For married woman, certification of identity with her maiden name, if supported with a confirmed true copy of marriage certificate is agreeable as legitimate identity proof.

LIST II (Latest / recent documents showing address certification)
1. Passport
2. Telephone Statement, Electricity Bill, Ration Sheet
3. Driving License with address, Voters' Identity Card
4. Bank account record (with address)
5. Letter from company / Any document of communication given forth by any establishment of Central / State Government or local body displaying residential place of residence or business where one can be contacted
6. Income / Wealth Tax assessment order (with address)
7. Any documentary evidence in support of residential address satisfactory
to the Bank
8. In case of married women location proof of the husband is acceptable

Bank of Baroda is one of the distinguished banks in India to open for a savings account. Keep in mind to arrange and bring all requirements when beginning a bank account to have a fast and easy processing of your application.