With banking experience of over 50 years in U K, BOB (Bank of Baroda) understand business requirement in changing times and attempt to support existing corporate needs and promote upcoming entrepreneurs. It lends services to practical commercial projects through an array of Corporate and SME banking products.

Corporate Banking

Fixed Deposits
Ideal to earn higher rate of interest, if spare money for a specified period of time
Its period ranges from one month to 60 months as decided by the Depositor.
The plan offer convenient solutions to both working individuals and senior citizens.
These products facilitate to enjoy security and competitive rates of interest on deposits.

Key Benefits
• It offer fixed deposits in GBP, USD and Euro
• Minimum deposit amount of GBP 500 or USD 500 or Euro 500
• Minimum period of deposits – One Month and Maximum period of deposits – Sixty Months
• Rate of interest depends on amount, currency and maturity period
• Interest is paid on maturity. Tax, if applicable, would be deducted as per tax norms
• It allow flexibility of part closure
• It offers overdraft/ loan against deposit on demand up to 90% of deposit amount. For details please contact any of our U K branches
• Facility to take premature payment of deposit. But for pre-mature payment interest paid will be at 1% below the rate applicable for the period the deposit was kept with Bank
• Facility to automatically renew deposit
• Facility to view account balance & transactions over Internet
• Deposits are guaranteed under FSCS

Current Account
Current Deposits is ideal for firm, companies, institutions, and individuals etc., who need frequent banking facility and is one of the most basic and flexible deposit options.

Key Benefits
• Easy to open and maintain. Minimum balance for maintaining the account is GBP 500 or USD 2,000 or Euro 2,000 based on the currency in which account is maintained
• Account can be opened in GBP, USD and Euro currencies
• Deposits are guaranteed under FSCS
• Operations from any of our nine branches in UK
• Cheque deposit facility at all Natwest branches in UK
• Free cheque book facility
• Free Visa Classic debit card and add-on cards
• Facility to view account balance & transactions over Internet
• Facility to set-up Standing Instructions for remittance and transfer of funds
• Facility available to open joint accounts
• Facility available to mark mandate
• Free Statement of Account once a month
• Free Balance Certificate once a year