Bank of Baroda Savings Account

Documents required for opening an account

1. For resident account
(1) Identity Proof
(any of the following documents)
  • Passport
  • Full UK driving license with photograph
  • Govt. Employees photo ID card

(2) Latest Address Proof
(any of the following documents) - Not earlier than three months period

  • Utility bill viz. Gas, Electricity, Telephone (Land Line), Water Council Tax Notice/Bill
  • Rental Agreement with Land Lord
  • Latest UK Bank statement

(3) Additional Document

  • Proof of income, if requested
  • R-85 declaration, if exemption is requested from UK tax on Interest income
  • Telecommunication Mandate, if the instructions are to be accepted on the fax message
  • Any other document as deemed necessary by the bank official
2. Documents to be submitted for an Individual – Non Resident Account
  • All above documents
  • R-105 tax exemption form, if they claim exemption from tax on interest income

Savings Bank Account

Saving Bank Account is an ideal account to meet your every day banking needs. It is suitable for Residents and Non Residents, Charities, Clubs, Association and Trusts. This account is an option to cultivate the habit of banking and saving.

 

Key Benefits

  • Simplest deposit option for hassle free operation
  • Easy to understand Terms and Conditions. No hidden costs or fine prints
  • Account can be opened with a minimum balance of GBP 100
  • Account can be opened in GBP, USD and Euro currencies
  • Interest is paid every six month - 1st June and 1st December
  • Your deposits are guaranteed under FSCS
  • Operations from any of our ten branches in UK
  • Cheque and Cash deposit facility at all Natwest branches in UK
  • Free remittance facility in Indian Rupees to Bank of Baroda branches
  • 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
  • Provision to forward paper based statements every month / six months even if there are no transactions

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