Bank of Baroda NRI Services offer a smooth and secure banking experience. Bank of Baroda overseas branch network of branches and correspondent offices makes it the largest among its other nationalized counterparts in India. The state-of-the-art banking services by Bank of Baroda for the NRI’s settled across the globe have been widely appreciated and have played a major contribution to the popularity of Bank of Baroda as a preeminent bank for NRI Banking Services.
The special banking services targeting the NRI customers for Bank of Baroda include:
Remittance Facilities:
Bank of Baroda offers various remittance solutions to to send money to India. These include remittances on collection basis and remittances for immediate credit.
Bank of Baroda NRI Accounts:
The usual NRE Rupee accounts as current, savings and fixed deposits are available with Bank of Baroda. Besides these, NRO Rupee Saving and Rupee Current Accounts, Resident Foreign Currency Accounts, FCNR, and FCLR schemes are also provided by Bank of Baroda.
NRI Deposits:
The Baroda Term Deposits and Baroda Structured Deposits answer the deposits related banking requirements of the NRIs.
Bank of Baroda NRI Loans:
Bank of Baroda offers special loan schemes to financially assist the NRI in times of need. These include Housing loans, loans or overdrafts against rupee Fixed Deposits, Loans against FCNR Deposits in Rupees and Foreign Currency in India. Besides these Bank of Baroda also offers Loan facilities in Foreign Currencies.
Inbound Money Transfer by BOB:
Bank of Baroda provides quick remittance service popularly known as BarodaRemit Xpress. The bank also has an association with Western Union Money Transfer that enables you to transfer money to India.
Besides the above mentioned banking services, Bank of Baroda NRI services, also include various Investment opportunities under the Foreign Investments Act norms. These include investment in Govt. securities, PSU Bonds, equity capital etc. The inset of banking technology like net banking and Electronic Clearing System (ECS) have added a new dimension to Bank of Baroda NRI Banking Services. For detailed analysis of Bank of Baroda NRI banking products and services refer to the Bank of Baroda website.
Website: www.bankof baroda.com