Baroda Power Pack NRE Savings Account

Baroda Power Pack NRE Savings Account for NRIs and PIOs (Individuals of Pakistan and Bangladesh shall require prior approval of the RBI) Minors are not eligible under this scheme.

• Photocopy of relevant pages of Passport
• Copy of Valid Visa / Work permit (Not Required for PIO)
• Copy of Permanent Account Number (PAN) / Form 60  (in the absence of PAN)
• PIO / OCI card if not an Indian citizen
• Document confirming Overseas and Indian address if applicable
• One passport size photograph of each applicant  

• Cheque book – Free
• Locker Charges 50 % Discount on Existing Locker Rents
• Debit Card  Opulence Debit Card -
  1. For Customers having QAB of Rs 5 lac , No Issuance Fee and No annual Maintenance Charges
  2. For Customers having QAB between Rs 2.5- 5 lac , 50% Issuance Fee and 50% annual Maintenance Charges will be payable
• Sapphire Debit Card-
  1. All Customers shall be eligible for Sapphire Card without any Issuance fee or Annual Fee.
• For closure of Account within a year: If Account is closed by Customer within a year. Full Charges related to Debit Card, Credit Card and Locker Charges is to be recovered.
• IMPS/NEFT / RTGS charges through Electronic Channels like bob World Internet and bob World- • Free (through Digital Channel). If fund transfer is done through Branch then Normal Charges will apply
• SMS charges: •  Free

• Account can be opened either individually or jointly with other NRIs / PIOs
• Funds deposited in the account will be in the form of fresh remittances from overseas or transfer from other NRE / FCNR (B) account
• Auto transfer of funds exceeding Rs. 3,00,000/- to Flexi-Fixed deposit (FFD) with a minimum of Rs.10,000/- for 12 months and auto retransfer to the account from FFD in multiples of Rs.1000/-. Balance of Rs. 250,000/- will be maintained at all times.