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Baroda Advantage Current Account

A customer having a current account in a CBS branch will enjoy many advantages by virtue of technological platform. To signify the benefits and make our product catchy, we propose to rename our basic current account product for CBS branches as BARODA ADVANTAGE CURRENT ACCOUNT.

The product features in brief will be as under:

Parameters Particulars
Eligibility Individuals, Sole- Prop/ Partnership Firms, Private / Public Limited Companies, Institutions, Trusts, Government Departments and others allowed to open current account.
Minimum Balance Quarterly Average Balance of Rs. 5000/-
Additional Free Facilities due to CBS technology. 1. Multicity Cheque Facility at over 100 + centers.
2. Roaming Facility.
Deposit or withdrawal of cash / cheques; transfer of funds; obtaining demand drafts / bankers cheques; make account enquiries.
3. Internet Banking.
Transfer of funds, obtaining of demand drafts/ bankers cheques, request for issue of cheque book, account enquiries, down loading of account statement etc.
4. Online payment of indirect taxes i.e. Excise Duty and Service Tax
Freebies Available from (1/12/06 - 31/03/07) 1. Free Personal Accidental Insurance cover of Rs. 5 lac for one year to the account holders (coverage of Rs. 5 lacs individually upto 4 partners / directors etc.).
2. 50% concession in processing charges of retail loans
3. Concession of 50% in service charges on remittance through RTGS for a period of 6 months.
4. Waiver of demat-account maintenance charges for 12 months.
Issuance of Cheque Books, Account-Statement Operational Instructions Similar to basic current account product

For further details, please contact the Bank of Baroda Branch nearest to you.



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