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7th June 2016, 04:13 PM
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Join Date: Mar 2013
Re: BOB Bank Current Account

The bank of Baroda is provides its one of the service is current account to its customers. The BOB Bank Current Account is provides also current deposit facility.

Current Deposits product is ideal for firm, companies, institutions, HUF, individuals etc., who need banking facility more frequently.

This is one of the most basic and flexible deposit options, allowing transaction without limiting the numbers

Detail of BOB Bank Current Account:

Minimum Quarterly Average Balance (QAB)
Rural Rs 2000/-
Semi-Urban Rs 2000/-

Urban/Metro
Rs 15000/- for individual as well as for non individual accounts

Minimum Balance Charges
Rural-Semi-Urban
Rs.350/- per quarter+ Service tax if QAB of Rs.2000/-- is not maintained. Urban-Metro
Rs 625/- per quarter + Service tax for not maintaining quarterly average balance , if QAB of Rs.15000/- is not maintained.

Premature Closure Charges (If account is closed within a year):
Individual: Rs 250/- + Service tax
Others: Rs 500/- + Service tax


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