Baroda Savings Account


Key Features

  • Accounts may be opened either in NZ dollars or US dollars.
  • Interest at 2%p.a will be calculated on daily balance and paid every month (subject to deduction of tax).
  • Accounts can be opened with “zero” balance. Minimum balance is to be maintained from subsequent month.
  • Minimum balance of NZ$500 or US$500.
  • No Account maintenance charges except minimum balance charges
  • Unlimited number of remittance without any fees to any personal account of any bank in India.
  • Internet banking and Mobile App available

Fees and Charges

  • Our fees and charges are subject to change from time to time.  For all charges please see our service charges.

For Charitable Institutions, Religious Organizations, Trusts, NGOs, Employees Unions, Voluntary and Sport Organizations:

  • All foreign remittances credited without any charges.
  • Free collections of instruments payable within New Zealand
  • Unlimited withdrawals without any charges or fees.
  • Unrestricted number of transfer of funds from your saving bank account to another account.

For International Students:

  • No maintenance charges
  • No Minimum Balance requirement
  • All foreign remittances credited without any charges.

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