Bob Saving Account Interest Rate
Savings accounts are a simple, convenient and hassle-free option to save and manage your money.
- 12 Interest Rate Savings Account
- Bob Saving Account Interest Rate Comparison
- Bob Super Saving Account Interest Rate
- Bob Saving Account Interest Rate Near Me
- Best Savings Account Interest Rates
AU Small Finance Bank offer different types of savings account with high interest rate. Open savings account with us to get the benefit of high interest rate, monthly interest payout, free debit card, exciting offers & much more. Bank of Baroda pays interest on all savings accounts, the interest of which, is transferred to your savings account every quarter, though it is calculated daily. DICGC Insurance Cover Deposits along with interest.
With an extensive range of features and benefits, savings accounts from Bank of Baroda are ideal for all types of investors.
BOB Savings Account – A convenient, secure and easy banking
Benefits
- Savings accounts are a flexible and easy-to-operate option for young and seasoned investors alike. As the simplest form of deposit available to customers, savings accounts are among the most popular type of bank deposits.
- Among the many advantages of a savings account are the wide variety of features available to account holders. These benefits of range from multiple withdrawal options to simple terms and conditions.
Features
- As a customer, you can enjoy the many features of a savings account free of cost or for minimum charges.
- You may also apply for our internet banking on your savings account free of cost. With internet banking, you can access your bank statements and remain up to date with your transactions.
- If subscribed, you will receive monthly password protected e-statement free of cost on e-mail.
- Bank of Baroda pays interest on all savings accounts, the interest of which, is transferred to your savings account every quarter, though it is calculated daily.
- You may need to maintain a certain minimum balance in your savings account, depending on the type of account you hold. The minimum opening balance and the minimum balance requirement for a savings account with cheque book is SCR 500.00 and without cheque book, it is SCR 200.00. There are also charges for non-maintenance of sufficient balance in your savings account.
Most Important Terms & Conditions
Transactions of saving oriented nature are permitted. Commercial transactions are non allowable transactions. If non allowable transactions are noticed then Bank may close the account with prior notice/intimation citing reasons thereof.
Interest calculation and frequency
Interest is paid to the account on half yearly basis at the prevailing rate of interest.
Withdrawal(s)& use of Withdrawal Form (Slip)
Withdrawals will be allowed either by withdrawal forms and by cheques in accounts having cheque book facility.
Bank Card
All saving bank account holders are issued with a bank card containing account details with photograph free of cost for first time. In case of loss of bank card, customers are requested to inform immediately. Duplicate Bank card can be issued to such customers on payment of applicable charges.
Statement of account
- Password protected monthly E-statement is sent to all customers with valid e-mail id in Bank’s records
- Account Statement is also sent free of cost by post on half yearly basis i.e. June & December
- Duplicate statement is also issued over the counter on chargeable basis.
Cheque book
Printed CTS cheque books are issued to eligible accounts on chargeable basis.
Registration and execution of Standing instructions
- No charge within the Bank
- Rs. 20/- per transaction plus applicable remittance charges in case of credits for other bank accounts.
- Rs. 500/- per occasion will be levied for Standing instruction failure because of insufficient fund.
12 Interest Rate Savings Account
Closure of account and charges
Bob Saving Account Interest Rate Comparison
- All the authorized signatories of the account will give in writing his/her/their intention to close the account. The relative bank card and the unused cheque leaves should be surrendered along with the letter requesting closure.
Dormant/Inoperative Account
- Account becomes inoperative/dormant if there are no customer induced debit transactions in Savings account for over a period of two years. Interest is continued to be applied in all such Savings Bank accounts. No charges are levied for inoperation of accounts.
- Activation/Closure of Dormant/Inoperative accounts will be done after submission of necessary KYC documents, photo, fresh specimen signature,subject to satisfaction of the Bank.
- All Accounts which have remained inoperative/dormant for a period of 10 years and above will be treated as Abandoned properties and will be transferred to Central Bank of Seychelles. Upon receipt of the request from the customer with necessary identity and address proof for proper identification of the customers, such deposits will be refunded to account subject to compliance of other conditions.
Disclosure of information
Bob Super Saving Account Interest Rate
The Bank may disclose information about customer’s account, if required and permitted by law, rule or regulations, or at the request of any public or regulatory authority or if such disclosure is required for the purpose of preventing frauds, or in public interest, without specific consent of the account holder(s).
The Bank will notify, 30 days in advance, any change in terms and conditions/ Fees and charges on its website.
Minimum Account opening balance/Minimum balance requirement.
Saving Bank account with Cheque Book : SCR 500
Saving Bank account without Cheque Book : SCR 200
Charges for not maintenance of minimum balance : SCR 50
For scheme specific MITC, please contact the branch.
- *All charges are subject to changes from time to time.
Bank of Baroda offers a wide range of features on savings accounts. Apply now to open a savings account and enjoy its numerous benefits.
Available Services for Saving Account Holder
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- Free International Debit card
- Free Internet Banking
- Standing Instructions facility
- Free SMS Alert Facility
- Free Monthly E-statement
- Locker Facility
- Foreign Exchange Facility
- Remittance Facility
- Personal Finance
NRE Savings Account is an account which is opened by an NRI (Non Resident Indian) to park his/her overseas earnings remitted to India converted to Indian Rupees. This account is maintained in rupee. It offers the entire standard banking facilities such as issuance of cheque book/ debit card, nomination facility and other remittance facilities. The account holder will receive interest on the money deposited under this account which differs from bank to bank.
provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.
NRE Savings Interest Rates by Banks (as on 06 Mar 2021)
Best Savings Account Interest Rates
| Bank Name | Min Interest Rates (p.a.) | Min Limit | Max Interest Rates (p.a.) | Max Limit | Calculate |
|---|---|---|---|---|---|
| Allahabad Bank | 4% | Less than Rs 40 Lakhs | 4% | Rs 40 Lakhs & above | |
| Andhra Bank | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| Axis Bank | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above | |
| Bandhan Bank Limited | 4% | Below Rs 1 Lakh | 6% | Rs 1 Lakh & above | |
| Bank Of Baroda | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| Bank Of India | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| Bank Of Maharashtra | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Canara Bank | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| Catholic Syrian Bank Limited | 4% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh to Rs 50 Lakhs | |
| Central Bank Of India | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| City Union Bank Limited | 4% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh | |
| Corporation Bank | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above | |
| Dcb Bank Limited | 4% | Below Rs 1 Crore | 6% | Above Rs 1 Crore to Rs 5 Crores | |
| Dena Bank | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Dhanalakshmi Bank | 4% | Upto Rs 50 Lakhs | 4% | More Than Rs 50 Lakhs | |
| Federal Bank | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above upto Rs 10 Crores | |
| Hdfc Bank | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above but below Rs 500 Crores | |
| Icici Bank Limited | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above | |
| Idbi Bank | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Indian Bank | 4% | Upto Rs 50 Lakhs | 4% | Above Rs 50 Lakhs | |
| Indian Overseas Bank | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Indusind Bank | 4% | Upto Rs 10 Lakhs | 5% | Above Rs 10 Lakhs to Rs 1 Crore | |
| Jammu And Kashmir Bank Limited | 4% | For Any Amount | 4% | Above Rs 10 Lakhs | |
| Karnataka Bank Limited | 3% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh to Rs 50 Lakhs | |
| Karur Vysya Bank | 4% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh | |
| Kotak Mahindra Bank Limited | 5% | Upto Rs 1 Lakh | 6% | Above Rs 1 Lakh to Rs 1 Crore | |
| Laxmi Vilas Bank | 4% | Upto Rs 1 Lakh | 5% | Above Rs 1 Lakh to Rs 5 Lakhs | |
| Oriental Bank Of Commerce | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Punjab And Sind Bank | 4% | Upto Rs 20 Lakhs | 4% | Above Rs 20 Lakhs | |
| Punjab National Bank | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Rbl Bank Limited | 6% | Upto Rs 1 Lakh | 6% | Above Rs 1 Lakh to Rs 10 Lakhs | |
| South Indian Bank | 4% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh to below Rs 5 Crore | |
| State Bank Of Bikaner And Jaipur | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| State Bank Of Hyderabad | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| State Bank Of India | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| State Bank Of Mysore | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| State Bank Of Patiala | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| State Bank Of Travancore | 4% | Upto Rs 1 Crore | 4% | Above Rs 1 Crore | |
| Syndicate Bank | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| Tamilnad Mercantile Bank Limited | 4% | Upto Rs 1 Lakh | 4% | Above Rs 1 Lakh | |
| Uco Bank | 4% | Upto Rs 50 Lakhs | 4% | Over Rs 50 Lakhs | |
| Union Bank Of India | 4% | Upto Rs 25 Lakhs | 4% | Above Rs 25 Lakhs | |
| United Bank Of India | 4% | Upto Rs 50 Lakhs | 4% | More Than Rs 50 Lakhs | |
| Vijaya Bank | 4% | Below Rs 50 Lakhs | 4% | Rs 50 Lakhs & above | |
| Yes Bank | 5% | Below Rs 1 Lakh | 6% | Rs 1 Lakh to Rs 1 Crore |
Key features and Benefits of Non Resident External (NRE) Savings Account
- Maintained in rupee.
- Both the principal as well as the interest can be repatriated.
- Interest is payable usually on a half yearly basis.
- Offers easy liquidity.
- Offers remittance facility.
- Get the cheque book facility.
- Provision for nomination. Nominee can be Resident or Non-resident or PIO(person of Indian Origin)
- Local Rupee Cheques (drawn in India) cannot be deposited in this account.
- Cash in rupees cannot be deposited in this account.
- Money in this account can be transferred from any non-resident (External) Rupee Savings and Fixed / Term Deposit account or Foreign Currency Deposit (FCNR) account.
- No income tax liability.