Bank of Baroda, UAE

Bank of Baroda was established in 1974 and is the oldest Indian Bank in the UAE. It is serving more than 150,000 customers across the nation. The Bank will operate currently through different branches in Sharjah, Abu Dhabi, Dubai, Deira, Al- Ain and Ras Al Khaimah. 

The Bank of Baroda UAE will offer a wide range of services to their customers. The list of services includes savings accounts, credit cards, loans, current accounts, deposits, investments, money transfers and foreign exchange services. The bank will provide services 24/7 to the customers and a dedicated customer care team is working with a network of branches, the bank also has ATMs throughout the country. Here in this article we will look into the services offered by the bank of baroda and other details related to the bank. 

Accounts offered by Bank of Baroda, UAE

The Bank of Baroda accounts are categorized as business accounts and personal accounts. There are different accounts which are categorized into personal banking and business banking. 

Personal bank accounts

The following are the accounts available for personal banking.

1. Savings accounts
2. Savings account with zero balance WPS account
3. Savings accounts NRE
4. Current Account
5. Premium Salary Account
6. Salary corporate account
7. Salary account to branch
8. Baroda Happiness Account
9. Special current Account
10. Term Deposits & Recurring deposit

1. Savings Account

The resident individuals who are persons of India’s origin or Indian nationals or the GCC nationals are eligible for applying for the account.

2. Savings account with zero balance WPS account

The resident individuals who are allowed to work in the UAE can open this account and can avail of the benefits of a zero balance wage protection system account. 

3. Savings accounts NRE

The GCC nationals who are the Non-residents of the country or Indian Nationals and the person of Indian origin can avail the benefits of the Savings account NRE

4. Current Account

 The GCC nationals who are resident of the country or Indian nationals who are persons of Indian origin are eligible for availing the benefits of the Current account.

5. Premium Salary Account

 The GCC nationals who are resident of the country or Indian nationals who are persons of Indian origin are eligible for availing the benefits of the Premium Salary account.

6. Salary corporate account

The corporate office clients can avail of the services of a salary corporate account in Abu Dhabi. The resident individuals of Abu Dhabi Emirate are corporate clients.

7. Salary Account to branch

This Salary account to the branch at Ras Al Khaimah Emirates is where the resident’s individuals are live in this Emirates can avail the services at the Bank of Baroda branch.

8. Baroda Happiness Account

This is a twin account with current and savings accounts. The residents with Indian nationality including persons of indian origin can avail the services of this account. 

9. Special Current Account

 The GCC nationals who are resident of the country or Indian nationals who are persons of Indian origin are eligible for availing the benefits of the Special Current account.

10. Term Deposits & Recurring Deposits

The UAE expats, Nationals, minors and associations can invest their money into term deposits and recurring deposits accepting the terms and conditions. 

Business Bank accounts

The following are the bank accounts offered by the Bank of Baroda.

1. BOB Gold Account
2. Premium Current Account
3. Platinum Current Account
4. Current Account non individual
5. Current Flexi Desk

1. BOB Gold Account

All the trading companies, corporate companies, business entities, and institutions can avail of the services of this account.

2. Premium Current Account

All the limited liability companies, establishments, Partnership firms, professional institutions, free zone companies, trading companies, corporate institutions and others are eligible to apply and avail the services of the premium current account.

3. Platinum Current Account

The existing current account holders and the individuals who are authorized to open the account can avail of the services of the platinum current account.

4. Current account non individual

The limited liability companies, establishments, professional associations, partnerships firms, institutions, corporations, Corporate bodies and others can avail of the services of this account.

5. Current Flexi Desk

The companies, institutions, establishments, limited liability companies and others can avail of the services of current flexi desk

Benefits of Bank of Baroda Account

• Enjoy hassle free and convenient banking services
• You can choose more than one bank account from the options of multiple accounts
• Offers internet banking, mobile banking and online banking
• Provides the facility for remittance to India through the Mobile banking or internet banking or through the ATMs
• Account can be opened by the minor but should be operated and supervised by the Guardian
• Provides joint bank account facility

Eligibility Criteria

• Must be resident individual an Indian national or GCC national
• Must have good credit score
• Minor is eligible provided with guardian supervision

Documentation required

Below listed are the general list of documentation. It is suggested that you contact the bank branch for exact documentation.

• Account opening form which should be signed in front of the bank representatives
• Valid labor contract photocopy for salaried account holders
• 2 recent passport size photos
• No objection certificate from sponsor
• Emirates ID photocopy
• Tenancy contract

Opening BOB Bank account

• You can easily open the bank account online by visiting the official webpage. 
• From the home page select the account type. 
• You will be redirected to the download form page. On the right side of the screen click the download form option. 
• Select the type of account you want to open
• Click on the download button hyperlink
• Enter all the details and click on fill out the form
• Provide your signature wherever required on the form and present it at the bank
• If you have any additional questions you can visit the branch or email the branch or call the concerned branch officials

You can access your account online through the internet banking, mobile application or visiting the branch directly.

Bank of Baroda UAE SWIFT Code  

Swift code is also known as Swift number and it is a standard format for Business Identification Code. Lending institutions, financial institutions and banks use this code to identify across the globe. It is a kind of international bank code or an identity number. 

Bank Swift codes are used for transferring funds between banks and this is primarily for international fund transfers. 

Bank of Baroda UAE swift code BARBAEADXXX can be broken down as follows.

1. BARB- Bank code
2. AE- Country code
3. AD- Location code
4. XXX- Branch code

1. BARB- Bank code

The first four letters represent bank and it will look like a bank name

2. AE- Country code

The next two letters will represent the country the bank is having its operations.

3. AD- Location code

The next two characters will be made up of numbers or letters, it is generally the bank’s head office.

4. XXX- Branch Code

This is a three digits number of the particular branch which represents the bank’s office

Bank of Baroda- Swift codes

Here we are listing the swift codes of the main branches 

Bank of Baroda- Dubai

BARBAEADDUB

Bank of Baroda- Abu Dhabi

BARBAEADADH

Bank of Baroda- Al Ain

BARBAEADALN

Bank of Baroda- Ras Al Khaimah

BARBAEADRAK

Bank of Baroda- Sharjah 

BARBAEADSHJ