Baroda NRE Salary Savings Account

NRE salary account featured with auto transfer of funds to Flexi-Fixed Deposit account

NRI/PIO individual who have gone out for employment and receiving salary and bonuses at a fixed interval from their employer

Employee ID of the applicant / Latest 3 month’s salary slip / Letter of employer confirming employment in addition to the identification documents required for KYC compliance.

Cheque book:

• If QAB is more than Rs.2 lacs there will be no charges.
• Rs. 5/- per cheque book leave where QAB is upto Rs.2 lacs

Debit card

• No Issuance charges for debit card.

For closure of Account within a year :

• If account is closed beyond 14 days but within 1 year of the first customer induced transaction – Applicable charges
• No charges if the account is closed within 14 days of first customer induced credit into the account.
• No charges, if account is closed due to death of Account Holder.

Internet Banking / Mobile Banking:

• Free as per eligibility.
• IMPS/NEFT / RTGS charges through bank counter and Electronic Channels like bob World Internet and bob World as applicable.

SMS charges:

• As applicable

• Employee ID of the applicant / Latest 3 month’s salary slip / Letter of employer confirming employment in addition to the identification documents required for KYC compliance
• Account can be opened either individually or jointly with other NRIs / PIOs
• Funds deposited in the account will be in the form of fresh remittances from overseas or transfer from other NRE / FCNR (B) account
• Auto-transfer of funds exceeding Rs 50,000/- to Flexi-Fixed Deposit (FFD) account with a minimum of Rs 10,000 for 12 months and auto re-transfer to the account from FFD in multiples of Rs 1000/-. Balance of Rs 50,000/- is to be maintained at all times for availing this facility.