In this digital age, banks are comfortable and suitable options that fulfill your financial and banking needs. Bank of Baroda UAE, is a leading bank that allows clients to manage their finances easily in the UAE. This remarkable bank was established in 1974 in UAE and makes its place in the hearts of customers with its banking services. Moreover, the commitment of the Bank of Baroda to innovative approaches and financial services is unmatchable in this lovely country. In this detailed blog, we will explore the account opening process, its branches, and services in the UAE.
Account Type |
Account Opening Fee | Monthly Maintenance Fee | Minimum Balance Requirement (AED) | Overdraft Charges |
Savings Account | Free | Free | 2,500 |
18% p.a. on overdrawn amount |
Current Account |
Free | 25 AED | 5,000 | 18% p.a. on overdrawn amount |
Fixed Deposit | Free | Free | 10,000 (or equivalent in other currency) |
Not Applicable |
NRI Account |
Free | Free | 2,500 | 18% p.a. on overdrawn amount |
Corporate Account | 500 AED | 50 AED | 25,000 |
Negotiable (based on agreement) |
Services Offered by Bank of Baroda UAE
Personal Banking:
If you choose Bank of Baroda UAE you can easily avail an extensive range of savings accounts, current accounts, and recurring deposits. Moreover, the bank also provides loans that allow customers to lease products for cars and properties. You can also experience the digital banking service that is offered by the Bank of Baroda.
Business Banking:
Bank of Baroda UAE provides a range of business accounts that are helpful for SMEs and large business needs. In this bank, you can also avail of the option loans and advances that cater to your needs.
Bank of Baroda Branches in the UAE
Branch Name |
Location | Services Offered | Operating Hours |
Dubai Main Branch | Bur Dubai | Personal & Corporate Banking, Trade Finance |
Sat-Thu: 8 AM – 3 PM |
Abu Dhabi Branch |
Hamdan Street | NRI Banking, Loans, Corporate Services | Sat-Thu: 8 AM – 3 PM |
Sharjah Branch | Al Zahra Street | Personal Banking, Fixed Deposits, Loan Facilities |
Sat-Thu: 8 AM – 3 PM |
Ras Al Khaimah |
Al Nakheel | Personal Banking, Small Business Loans, NRI Services | Sat-Thu: 8 AM – 3 PM |
Al Ain Branch | Sheikh Khalifa St. | Retail Banking, Corporate Loans, Remittance Services |
Sat-Thu: 8 AM – 3 PM |
Bank of Baroda UAE Hassle-free Steps to Create an Account
Online
One of the most easy and hassle-free ways to create an account with Bank of Baroda UAE is their website.
Visit the Official Website: To create an account, you have to go to the official website of Bank of Baroda UAE.
Select “Open an Account Online: After reaching the website, you have to search the “Open Account” section and click on it.
Choose Your Account Type: After clicking, here you need to choose the type of account that you want to open with Bank of Baroda UAE. Whether you want to open a current account, savings account, or NRI account.
Fill Out the Application Form: After choosing account type, you have to put personal information like full name, date of birth, and proof of address on an application form.
Upload Required Documents: Now you need to upload the required documents like a scanned copy of your Emirates ID, passport, and salary certificate.
Review and submit: It is very essential to review that all your details are correct and then submit your application.
Await Confirmation: After that, the Bank of Baroda will review your application and also verify that your documents are valid. When your application is approved, you can receive an email or SMS from the bank.
Activate Your Account: At last, when your account is active, you are able to set up online banking at Bank of Baroda UAE.
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FAQs
Which method is suitable for customers to create an account with Bank of Baroda in the UAE?
In the UAE, visiting the official website of Bank of Baroda UAE is one of the convenient options for creating an account.
Explain the reason why it is important to use the Bank of Baroda UAE?
If any customer avails the services of Bank of Baroda UAE it allows him to avail comprehensive banking solutions and loan options. Moreover, customers can also experience their digital and accessible banking to manage their accounts.
Can users open an account with the Bank of Baroda UAE Via their physical branch?
Yes, If anyone is willing to create an account with Bank of Baroda UAE then visit their physical branch. Moreover, for account opening purposes, the customer has to fill out an application form and provide documents to the representative.