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31st January 2017, 06:04 PM
Super Moderator
Join Date: Mar 2013
Re: LC Charges Bank Of Baroda

Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India.

As you are asking for Bank Of Baroda LC Charges, so here I am telling same for you

1) Advising LCs (only where LC opening Bank and advising Banks are different) Rs .500

2) Confirmation of LC (only where LC opening Bank and confirming Bank are different) For addition of confirmation, 0.20% p.m. for the period of validity and usance on the amount of LC

3) Transferable LCs For each transfer Rs 500 (whether in full or part thereof)

Where usance drafts are to be accepted , acceptance commission @ 0.10% p.m. to be charged; Min. Rs 500

4) Negotiation charges Rs .500

5) Clean payments received under LC Rs .500

Bank profile :

Type Public

Traded as BSE: 532134

Industry Banking, Financial services

Founded 20 July 1908; 108 years ago

Founder Maharaja H. H. Sir Sayajirao Gaekwad III

Headquarters Vadodara, India

Area served Worldwide

Key people P. S. Jayakumar(CEO & MD)

Ravi Venkatesan (Chairman)

Bharat Dangar (Director)

Products Credit cards, consumer banking, corporate banking, finance and
insurance, investment banking, mortgage loans, private banking, private equity,
wealth management

Total assets 6.714 trillion (US$100 billion) (2015)

Owner Government of India

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