In this digital age, Banks are one of the reliable and smart options that fulfill your financial needs. Bank of Baroda, is a leading and oldest institution that allows customers to manage their finances simply in the UAE. Moreover, it was founded in 1974 and offers an extensive range of banking services in different cities of this vibrant country. The dedication of the Bank of Baroda to customer satisfaction and reliable banking takes its reputation to new heights. In this detailed blog, we will try to find out the top services, account openings, and Bank of Baroda branches in the UAE.
Services Offered by Bank of Baroda
| Service | Fee (AED) |
| Minimum Balance Requirement | AED 2,500 (Savings Account) |
| Account Maintenance Fee | AED 25 (if balance falls below minimum) |
| ATM Withdrawal (Own Bank ATMs) | Free |
| ATM Withdrawal (Other UAE ATMs) | AED 2 |
| ATM Withdrawal (International) | AED 15 |
| Cheque Book Issuance | Free (first cheque book) |
| Returned Cheque Fee | AED 100 |
| International Transfer Fee | AED 60 – AED 100 |
| Local Transfer Fee | AED 1 to AED 5 (within UAE) |
| Debit Card Annual Fee | Free |
| Credit Card Annual Fee | Varies (depending on card type) |
| Overdraft Interest Rate | 16% – 20% per annum |
| Standing Instruction Setup | AED 10 |
| Account Closure Fee | AED 100 (if closed within 6 months) |
Trade Services
With Bank of Baroda, customers can experience services like import-export financing and bill discounting. Moreover, the banks also provide you with letters of credit and guarantees that are helpful for your trade.
NRI Banking
In the UAE, if you choose Bank of Baroda then they can experience services like NRI home loans and money transfers. Furthermore, the bank also allows customers to avail the option of different NRI accounts like NRE, NRO, and FCNR.
SME Banking
If any customer chooses this oldest bank, he can access services like SME loans and business current accounts. Moreover, Bank of Baroda allows you to avail working capital solutions and equipment financing options.
Bank of Baroda Branches in the UAE
| Branch Name | Location | Address | Contact Number | Operating Hours |
| Dubai Main Branch | Dubai | Al Souk Road, Bur Dubai, P.O. Box 3162 | +971 4 313 5555 | Sun-Thu: 8:00 AM – 3:00 PM |
| Abu Dhabi Branch | Abu Dhabi | Hamdan Street, P.O. Box 2743 | +971 2 634 6815 | Sun-Thu: 8:00 AM – 3:00 PM |
| Sharjah Branch | Sharjah | Al Zahra Street, P.O. Box 2459 | +971 6 568 4001 | Sun-Thu: 8:00 AM – 2:00 PM |
| Al Ain Branch | Al Ain | Al Ain City, P.O. Box 16877 | +971 3 764 6488 | Sun-Thu: 8:00 AM – 2:00 PM |
| Ras Al Khaimah Branch | Ras Al Khaimah | Al Nakheel Area, P.O. Box 4047 | +971 7 228 2393 | Sun-Thu: 8:00 AM – 2:00 PM |
| Fujairah Branch | Fujairah | Hamad Bin Abdulla Road, P.O. Box 818 | +971 9 222 3030 | Sun-Thu: 8:00 AM – 2:00 PM |
| Ajman Branch | Ajman | Al Bustan Area, P.O. Box 1425 | +971 6 742 0660 | Sun-Thu: 8:00 AM – 2:00 PM |
How to Easily Open a Bank of Baroda Account
Branch
To create an account with Bank of Baroda, you can visit their branch as this method is a reliable and face-to-face interaction.
Locate a Nearby Branch: For account creation purposes, the customer has to find the nearest Bank of Baroda branch in the UAE. Furthermore, for this, you can use their website or Google Maps.
Carry Necessary Documents: When visiting the branch, remember to take all required documents like Emirates ID, Salary Certificate, and Resident Visa. Moreover, Proof of Address and Passport copy is very important for this process.
Meet with Staff: it is good to visit during working hours and ask the staff of the bank, I want to create an account.
Fill Out the Application Form: In this step, you have to take the form and fill it by providing your Full name, date of birth, and nationality. Always remember to provide correct contact information which includes your address, email, and mobile number.
Submit the Documents: After filling the application form, you have to hand over copies of all required documents to the staff.
Verification Process: The staff of the bank Baroda will verify your documents to ensure your details are correct. Moreover, this process normally takes a few days for completion.
Receive Account Details: At last, when your account is processed the bank will provide your account number, Debit card, and other details.
Activate the Account: Moreover, after receiving your details, you have to activate your account by depositing the required money.
Must Read: Explore Federal Bank Dubai’s Amazing Services!
Tips to improve Banking Experience with Bank of Baroda
Leverage Digital Banking
It is crucial to avail the Mobile app and online banking of Bank of Baroda to manage your finances.
Seek Professional Advice
Always remember to take advice from professionals of this oldest bank as it is helpful to manage your wealth.
Regularly Review Account
If any customer regularly reviews his account, it is helpful for him to manage his finances. So, to get more and more benefits from the bank, it is advised to review your account regularly.
FAQs
Which method is best to create an account with Bank of Baroda in the UAE?
In the UAE, different branches of the Bank of Baroda are reliable and preferred options to create an account.
What is the process of closing a Bank of Baroda account in the UAE?
If you want to close a Bank of Baroda account in the UAE then visit the branch with valid identification and submit a written request. For this purpose, the bank may charge a small account closing fee from you.
Explain the reason why it is important to create an account with the Bank of Baroda?
If any customer creates an account with the Bank Baroda it offers him satisfaction and reliable banking.
Can Bank of Baroda allow non-residents to open an account in the UAE?
Yes, Bank of Baroda allows non-residents to open different accounts like NRE, NRO, and FCNR.
