Bank Of Baroda

Bank Of Baroda is one of the major banks in India headquartered in Alkapuri Baroda. Established in 1908, it has acquired Dena and Vijaya Bank and has got its presence in 17 nations. We protect the interest of shareholders, business, employees and the customers and reach the zenith in banking segment. We offer Accounting, Loans, Investment, Digital Banking, Merchant Banking, Shares and Debentures, and assistance for the disabled.

Factsheet of Bank Of Baroda
Bank NameBank Of Baroda
Founded inJuly 20, 1908
Promoters/foundersShri Sayajirao Gaekwad III
Headquarter Address

Bank of Baroda
Head office--BOB
Baroda Bhavan
7th Floor
R. C. Dutt Road
Vadodara---390007
Gujarat
Vadodara--390001
Gujarat

Employee's82000
Type of BankPublic Sector Undertaking (PSU) Bank
Official Websitehttps://www.bankofbaroda.in/
Customer Care Number18002584455, 18001024455

History of Bank of Baroda

The Bank of Baroda also known as the BoB is an Indian nationalised Financial establishment having headquarters in Vadodara was set up in 1908. It is a third largest nationalised bank having branches all over India. On July 19, 1969 the bank got nationalised along with other banks and became a dedicated public sector undertaking. We have overseas offices in Uganda, Kenya and Tanzania.  The logo is very appealing as it is a global symbol of dynamism and hope. Maharaja Sayyaji Rao Gaikwad was the founder and became a Public Sector Undertaking.  The first branch was created at Mandvi in Gujarat. 

There are 8214 branches and it has 10000 plus ATM facilities all over India. We have a huge customer base and also have 100 overseas branches in many nations of the world. Vijaya Bank with Dena Bank combined in order to form the Bank of Baroda. This new identify is a unique representation of the fact that we are having a new business enterprises in a globalised world. 

The Chairman and the CEO of the Bank of Baroda is Mr. Sanjeev Chadda. 

Subsidiaries of Bank of Baroda

The Bank of Baroda has many subsidiaries and they are given below as follows:

  • Baroda UP Bank.
  • BOB Capital Markets.
  • India Infra debt Limited.
  • The Nainital Bank Limited.
  • BOB Financial Solutions Limited.
  • Baroda Global Shared Services. 
  • Baroda Asset Management India Limited.
  • India First life Insurance Company Limited.

Banking Services offered by the Bank of Baroda

  The Bank of Baroda is very good in offering quality services and some of the amazing services given below are as follows:

  • NRI Banking.
  • Retail Banking.
  • Wealth Banking.
  • E--Stamping.
  • Private Banking.
  • Mobile Banking.
  • Savings Account.
  • Current Accounts.
  • WhatsApp Banking.
  • Statement Printouts.
  • Collection Services.
  • Asset Management.
  • Investment Banking.
  • Commercial Banking.
  • Safe Deposit Lockers.
  • Public Provident Funds.
  • Term Deposit Services.
  • National Pension Scheme.
  • Registering for Sukanya Sammrudhi Yojana Account.
  • Registering for Government Schemes like the Pradhana Manthri Jan Dhan Yojana.

 Loans and credit facilities provided by the Bank of Baroda

  The Bank of Baroda is excellent in offering various loan and credit facilities to its customers and they are as follows:

  • Gold Loans.
  • Mudra Loans.
  • MSME Loans.
  • Vehicle Loans.
  • Housing Loans.
  • Personal Loans.
  • Educational Loans.
  • Advance against Securities.

Joint Ventures

  • Bank of Baroda and HDFC Bank are partners in creation of Chillr a mobile application to receive and transfer money.
  • The Bank of Baroda is having joint ventures with Andhra Bank  and a financial firm of UK, Legal and General since Nov 2009 with its  corporate office in Mumbai.

Legal Issues

The South Africa Financial Intelligence Centre on September 4, 2017 fined Bank of Baroda for INR 11 Million Indian Rupees for not able to adhere to the Anti Corruption Laws of the Gupta family. BOB came out of the South African financial markets.

Awards and Recognition

Bank of Baroda gets the top position in Top Performing Bank category under EASE Reforms Index Awards in 2020.

Bank Of Baroda has 9573 IFSC connected branches in India. Bank has branches in following states:

  • ANDAMAN AND NICOBAR ISLAND
  • ANDHRA PRADESH
  • ARUNACHAL PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DAMAN AND DIU
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KARNATAKA
  • KERALA
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • MIZORAM
  • NAGALAND
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TRIPURA
  • UTTAR PRADESH
  • UTTARAKHAND
  • WEST BENGAL

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