Bank of Baroda: Your Trusted Banking Partner for Life

Bank of Baroda Your Trusted Banking Partner for Life

Whether you are aiming to manage your finances or business, Banks are smooth and helpful options. Bank of Baroda is the oldest and most reputable institution that creates trust among customers in the UAE. This well-known bank was established in 1974 and makes its place in the hearts of millions of customers due to its banking services. Moreover, the commitment of Bank of Baroda to customer satisfaction and reliable banking sets it apart from other banks in this country. In this detailed blog, we will explore various services, the account opening process, and Bank of Baroda branches.

Services Offered by Bank of Baroda

Great Abu Dhabi

ServiceFee (AED)
Minimum Balance RequirementAED 2,500 (Savings Account)
Account Maintenance FeeAED 25 (if balance falls below minimum)
ATM Withdrawal (Own Bank ATMs)Free
ATM Withdrawal (Other UAE ATMs)AED 2
ATM Withdrawal (International)AED 15
Cheque Book IssuanceFree (first cheque book)
Returned Cheque FeeAED 100
International Transfer FeeAED 60 – AED 100
Local Transfer FeeAED 1 to AED 5 (within UAE)
Debit Card Annual FeeFree
Credit Card Annual FeeVaries (depending on card type)
Overdraft Interest Rate16% – 20% per annum
Standing Instruction SetupAED 10
Account Closure FeeAED 100 (if closed within 6 months)

Islamic Banking 

Bank of Baroda allows you to experience Islamic financing that helps to increase your wealth according to Islamic regulations. Moreover, in this bank, customers can also avail of the option of Sharia-compliant products like Islamic current and savings accounts.

Digital Banking

In the UAE, if you choose this oldest bank then you can access services like Mobile Banking (Baroda M-Connect). Furthermore, the Bank of Baroda also allows you to avail of Internet Banking that helps transfer money 24/7 from anywhere. 

Treasury Services

With Bank of Baroda, every customer can experience various forex services and derivatives. Moreover, the bank also offers you currency hedging and allows you to invest in government bonds.

Bank of Baroda Branches in the UAE

Branch NameLocationAddressContact NumberOperating Hours
Dubai Main BranchDubaiAl Souk Road, Bur Dubai, P.O. Box 3162+971 4 313 5555Sun-Thu: 8:00 AM – 3:00 PM
Abu Dhabi BranchAbu DhabiHamdan Street, P.O. Box 2743+971 2 634 6815Sun-Thu: 8:00 AM – 3:00 PM
Sharjah BranchSharjahAl Zahra Street, P.O. Box 2459+971 6 568 4001Sun-Thu: 8:00 AM – 2:00 PM
Al Ain BranchAl AinAl Ain City, P.O. Box 16877+971 3 764 6488Sun-Thu: 8:00 AM – 2:00 PM
Ras Al Khaimah BranchRas Al KhaimahAl Nakheel Area, P.O. Box 4047+971 7 228 2393Sun-Thu: 8:00 AM – 2:00 PM
Fujairah BranchFujairahHamad Bin Abdulla Road, P.O. Box 818+971 9 222 3030Sun-Thu: 8:00 AM – 2:00 PM
Ajman BranchAjmanAl Bustan Area, P.O. Box 1425+971 6 742 0660Sun-Thu: 8:00 AM – 2:00 PM

Step-by-Step Guide to Opening a Bank of Baroda Account 

Online 

The most reliable way to create an account with Bank of Baroda is online via their website in the UAE. For this purpose, the user has to follow the below steps.

Visit the Bank of Baroda Website: To create an account, users have to go to the official website of Bank of Baroda that is www.bankofbarodauae.ae .

Navigate to the Account Opening Section: After accessing the website, you have to look for the section that is normally labeled as “Open an Account”. 

Choose the Type of Account: After clicking, the user has to choose the type of account that he aims to open. Whether the user wants to open a current account or a salary account, the bank caters to his needs and preferences.

Click on “Apply Now”: After choosing the account, you have to simply click on “Apply Now”.

Fill in the Online Application Form: In this step, you have to fill out the application form by entering information like Full name and date of birth. Moreover, contact information (phone number and email), residential address, and employment details are also important.

Upload the Required Documents: Now you have to upload digital copies (scanned versions) of the required documents. These documents normally include Emirates  ID, Passport, Salary Certificate, and address proof.

Review and Submit the application: It is good to review that all information is correct before submitting your application.

Wait for Verification and Approval: After that, the bank will review your application and verify all your documents. When your application is approved, you can receive instructions on how to activate your account.

Activate Internet and Mobile Banking: At last, when your account is active, you are able to register for Internet banking and mobile banking services.

Must Read: Open an Account with Federal Bank Dubai Today!

Tips for Maximizing Your Experience with Bank of Baroda

Tips for Maximizing Your Experience with Bank of Baroda

Leverage Digital Banking

It is handy to avail the option of Mobile app and online banking of Bank of Baroda to manage your finances.

Stay Updated on Promotions

It is good to check promotional offers on loans from the Bank of Baroda as it is beneficial for extra rewards.

Monitor Account Fees

Always keep in mind to review the statement of your account as it is beneficial to avoid unexpected charges.

FAQs

Which documents are essential for customers to create an account with the Bank of Baroda in the UAE?

If any customer is looking to create an account with the Bank of Baroda then upload his Emirates  ID, Passport, Salary Certificate, and address proof.

What is the minimum balance requirement for a Bank of Baroda account for customers?

It generally depends on the type of account if you want to create a current account the minimum balance required is around AED 5000. 

Tell me the reason why it is important to create an account with the Bank of Baroda.

If someone creates an account with the Bank of Baroda, he can access services like Internet banking, corporate banking, Islamic banking, and more.

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