Bank of Baroda Minor Account Opening Online / how to open minor zero balance account online in bob

Opening a Baroda Champ Account just got a whole lot easier. Eligibility begins from 0 -18, with no minimum balances required and no issuance charges. 

Get fun and theme-based RuPay Baroda Champ Debit Card issuance available to applicants individually above 10 years of age. Save today, for their brighter tomorrow.

Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.

It has been a long and eventful journey of more than a century across 17 countries. Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, is a saga of vision, enterprise, financial prudence and corporate governance.

It is a story scripted in corporate wisdom and social pride. It is a story crafted in private capital, princely patronage and state ownership. 

It is a story of ordinary bankers and their extraordinary contribution in the ascent of Bank of Baroda to the formidable heights of corporate glory. 

It is a story that needs to be shared with all those millions of people – customers, stakeholders, employees & the public at large – who in ample measure, have contributed to the making of an institution.

To be a top-ranking National Bank of International Standards committed to augmenting stakeholders’ value through concern, care and competence.

Also Read, TVS Credit EMI Card Apply Online/Tvs Credit Insta Card Activation/How to take Tvs Credit Loan 2022

Benefits

No Minimum Balance Requirement

No charges on school fee payment

Free DD for fee payment

Theme Based RuPay Debit Card

*Internet banking facility

*Mobile banking facility

Auto/Reverse sweep with flexibility

Baroda Champ Account Features

No charges on School Fee Payment.

DD free per month for fee payment (to a maximum amount of Rs.1 lac).

NEFT/ IMPS (outward & inward) free for an amount of Rs.1 lac per month.

Theme-Based RuPay Baroda Champ Debit Card issuance is available to applicants individually above 10 years of age.

No issuance charges on Debit Card. Renewal charges will be applicable.

Internet Banking facility available, subject to min. age of accountholder is 10 years.

Mobile Banking facility available, subject to min. age of accountholder is 10 years.

Auto / Reverse Sweep with flexibility in threshold and Sweep out amount: Auto transfer of funds exceeding Rs.10,000/- to short deposit with a minimum of Rs. 5,000/- for 180 days and auto retransfer to the account from short deposit, in case funds are required in the Savings Bank account in multiple of Rs.5,000/- to bring you higher interest with high liquidity.

The nomination facility is available.

Baroda Champ Account Eligibility

Eligibility age: 0 to 18 years.

List Of Valid KYC Documents For Account Opening

Permanent Account Number (PAN)/ FORM60 is mandatorily to be obtained while opening of the accounts as per extant Reserve Bank of India Guidelines.

1.Officially Valid Documents (OVDs) for Accounts of Individuals

Passport

Driving license with photo

Proof of possession of Aadhaar Number

Voter’s Identity Card issued by Election Commission of India,

Job card issued by NREGA duly signed by an officer of the State Government.

Letter issued by the National Population Register containing details of Name and Address.

2. Deemed Officially Valid Documents, In case of OVD does not contain current/ updated address. (At least one document from the list is Required.)

Utility bill of any service provider i.e. electricity, telephone, postpaid mobile phone, piped gas, water bill (not more than two months old)

Property or Municipal Tax receipt;

Pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, If they contain the address;

Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, and public sector undertakings, scheduled commercial banks, financial institutions, and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation;

Baroda Champ Account Interest Rates & Charges

“All other rules like service charges on inoperative accounts, addition/deletion of names, payment of interest, etc. governing savings bank accounts shall also apply to these accounts mutatis mutandis unless otherwise specified.”.

Visit the official website to apply “Click Here

Also Read, Best 5 Loan Apps 2022 | Get instant loan of 5 lakhs | No Paperwork Online Loan | Best Personal Loan Apps