Deposit Products
Business

Current Account

Current Deposits is ideal for firm, companies, institutions, individuals etc., who need frequent banking facility. This is one of the most basic and flexible deposit options.

Financial Services Compensation Scheme

Bank of Baroda is a FCA/PRA regulated Bank and a member of the Financial Services Compensation Scheme established under the Financial Services and Market Act 2000.

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.

Business Loan (fund-base)

Coming Soon..

Business Loan SME Corporate Loan

Coming Soon..

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Compensation arrangements, made for you

Eligible depositors are covered by this scheme

Financial Services Compensation Scheme

Important information about compensation arrangements

The Financial Services Compensation Scheme (FSCS) has confirmed that the protection limit on eligible deposits will increase from £85,000 to £120,000 from 1 December 2025.

This update means from 1 December 2025 the FSCS provides all eligible customers with compensation of up to £120,000 per bank, if the bank with the funds is unable to repay the money it holds.

The £120,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank, including their share of any joint account, and not to each separate account.

In the case of joint accounts with two account holders, each joint account holder is eligible for compensation up to the £120,000 limit, giving a maximum limit of £240,000 in total.

For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please refer to the FSCS website - https://www.fscs.org.uk/

Or

Call on freephone 0800 678 1100 Monday – Friday, 9am to 5pm, excluding public holidays.

International customers can use this number +44 207 741 4100 but will incur call charges

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