Bank’s passion for Rural Development

Bank of Baroda, since its inception on 20th July 1908 by the great visionary Maharaja Sayajirao
Gaekward III, has been in the forefront for social commitment with its innovative approaches
and products. A passion for agriculture and rural development and to serve the common man is
ingrained in the Bank’s philosophy.

In the past, the Bank has taken a number of initiatives such as opening of specialized outlets of
Gram Vikas Kendras (GVKs) and Multi Service Agencies (MSAs). Baroda Swarojgar Vikas
Sansthan (BSVS) is another initiative for capacity building by providing appropriate training for
skill upgradation to unemployed youth and women for their gainful employment.

Centenary Year commitments

During the Centenary Year, the Bank is committed to continue its initiatives towards Corporate
Social Responsibilities. Baroda Grameen Paramarsh Kendra (BGPK) – a centre for Knowledge
Sharing, Problem solving and Credit Counseling for the Rural Community, is one of such
initiatives.

Concept :

For the rural community, especially for the farmers, there is a big “Knowledge Gap” in financial
literacy, better farming practices, technology adoption, diversification of opportunities, market
linked prices, value addition services offered by various institutions, women empowerment and
also for employment opportunities for rural youth. In addition to this, the deficiencies/ ignorance
about credit related repayment during distress situations call for credit counseling.

With a view to assist the rural community, the Bank has conceptualised “Baroda Grameen
Paramarsh Kendra (BGPK)” and its implementation by the dedicated team, which would build
the confidence of the rural people.

Activities to be covered:

 Financial Education and Financial Inclusion

 Information sharing and problem solving on technical issues

 Credit counseling

Services offered: (Illustrative Only)

1. Financial Education and Financial Inclusion:

o Spreading “Financial Awareness” among rural masses through village level

meetings and help them to choose suitable banking products.
 o 100% Financial Inclusion in 5-10 villages.

2. Information sharing and problem solving:

o Interface sessions with the Subject Matter Specialists from Knowledge

institutions like Agri. Universities, KVKs, NGOs, etc.

o Providing extension services to the farmers by organizing / participating in

Grameen melas, TV & Radio talks, Film / Puppet shows, etc.

o Maintaining a small library containing books, journals, audio-visual aids, etc.

o Information on the prices of Agriculture commodities in various mandis across

the country so that the farmers can sell their products at best price.

3. Credit Counseling:

o Providing credit counseling on repayment pattern, rephasement, reschedulement

and fresh credit during distress situations for rural people.

Baroda Fixed Deposit Account

Why just let your money idle, when you can idle it with interest?
Depending on the period, our various fixed deposit products help you get the best out of your
savings by offering you good interest rates.

Enjoy both security and competitive rates of interest on your deposits with any of the following
products. Click each product for more information.

 For Deposits upto 12 months:

o Short Deposits

 For Deposits over 12 months:

o Fast Access Deposit Scheme

o BoB Flexible Fixed Deposit Scheme

 o Regular Income Plan

AGRICULTURE:

AGRICULTURAL FINANCE SCHEMES :

Agriculture being the backbone of the Indian Economy, Bank of Baroda, is contributing
significantly in accelerating the pace of rural development by providing finance to farmers by
way of following agriculture products.

 Baroda Kisan Credit Card (BKCC)- Empowering the farmer : The BKCC facility
designed exclusively for the benefit of the farmers aims to provide them the opportunity
to manage and utilise their funds in the manner they deem fit. BKCC provide adequate
and timely support to farmers for their production needs e.g. purchase of quality inputs,
investment requirements like purchase of agriculture implements/tractor etc, farming
expenses towards farm maintenance, unforeseen family expenses (consumption) and
maintenance of non-farm activities.

 Purchase of agricultural implements including indigenous improved ones being utilised

for field operations including harvesting/sorting/grading, for not only to farmers, but also
for land-less labourers.

 Small Scale Industries

 A Small Scale Industrial Unit, is one which is engaged in the manufacture, processing
or preservation of goods or is a servicing and repair workshop undertaking repairs of
machinery used for production, mining or quarrying or custom service unit (except water
service units), having investments in plant and machinery (original cost) not exceeding
Rs. 1 Crore.

 Bank of Baroda has special Loans and Advances for the purpose of fixed capital
investment and also for working capital requirement.

Baroda General Credit Card Scheme (BGCC):

Bank of Baroda presents a tailor-made Credit Card Scheme for the citizens belonging to the rural
and semi-urban parts of India. Baroda General Credit Card Scheme (BGCC) is designed to
provide hassle free and easy credit access to people in the rural and semi-urban areas.

Key Benefits

 No insistence on security, purpose or end-use of credit

  Upto a maximum limit of Rs.25000/-

 Unlimited number of withdrawals and repayments (within the credit limit)

Bank of Baroda Next Has Miles to go!

ABOUT US

Bank of Baroda, one of India's oldest and largest PSU banks, has always made a concerted effort
to stay in tune with changing times and consumer preferences.

BARODA NEXT – “ STATE-OF-THE-ART- STRAIGHT FROM THE HEART”

Baroda Next is Bank of Baroda's initiative to offer high-tech banking solutions without losing the
human touch. It aims to bring in new technologies, systems and processes to offer fast, prompt
and paperless banking solutions. At the same time, it also focuses on nurturing long term
relationships and superior customer service.

STICKMAN

The protagonist Stickman is our customer who discovers the joy of technology in banking with
Bank of Baroda. In a series of ads, stick man faces a number of tricky situations which he
resolves using Bank of Baroda’s services in a humorous and endearing manner. You will
experience the magic as you further surf the pages of this site

PRODUCT OF BARODA NEXT:

ONLINE PAYMENT OF INSURANCE PREMIUMS

To unleash the power of technology for the convenience of our customers, we have devised a
series of e-banking products and services.

Through Baroda Connect internet banking facility, we let you pay your insurance premium
 online so that you don't have to run around to pay your premiums.

Because at Bank of Baroda, we understand time is very precious to you, and we are committed to
compliment your effort to do things faster with less strain or stress to you.

HOME LOAN: MOVE INTO DREAM HOME IN 6 DAYS:

You don't have to wait for your dream home for long. Through simplified processing systems, we
offer you home loan in just 6 days. The loan is available for construction of new house, purchase
of new/old house/flat/residential plot and extension/renovation of existing house/flat.

Loans are also available for those who wish to transfer their existing home loan from another
financial institution/bank to Bank of Baroda.

ONLINE UTILITY BILLS PAYMENT :

To unleash the power of technology for the convenience of our customers, we have devised a
series of e-banking products and services.

Now you can stop worrying about due dates of your bills and live a relaxed life as we make life
easier by offering Baroda Connect internet banking facility to pay your bills online.

Because at Bank of Baroda, we understand time is very precious to you, and we are committed
to compliment your effort to do things faster with less strain or stress to you.

INDIAFIRST LIFE INSURANCE:

Joint venture on bank of baroda & Legal & General & Andhra Bank

GOLD COIN:
Bank of Baroda offers sale of 24 Karat 999.9 pure Swiss made gold coins with Assay
Certification in the denomination of 2, 4, 5 & 8 grams in round shape and 10 grams bar. These
coins are available for sale at select POS Branches. Baroda Vidyasthali Loan

Baroda Vidyasthali Loan is a special scheme for financing Educational Institutions.

PURPOSE

To meet the financial requirements for setting up the institutions which includes construction of
building, purchase of equipment etc. for the new set up as also renovation of the existing
facilities, purchase of instruments for imparting education training to the students.

Baroda Arogyadham Loan:

PURPOSE

To meet the financial requirements for setting up of new Nursing Home/Hospital including
Pathological Laboratory, Expansion/renovation/modernization of existing Nursing Home/
Hospital including Pathological Laboratory, Purchase of medical diagnostic equipments as also
office equipments, viz. computers, air conditioners, office furniture, Purchase of ambulance etc
and to meet working capital requirements.

Baroda Artisans Credit Card (BACC):

PURPOSE

 To provide adequate and timely assistance to the artisans to meet their credit requirements
- both investment needs as well as working capital - in a flexible and cost effective
manner. The scheme is implemented in rural and urban areas.

Loans Under Interest Subsidy Eligibility Certificate Scheme of Khadi & Village Industries
Commission (KVIC-ISEC)

Purpose

To finance institutional financing agencies for lending to Khadi & Village Industries

CREDIT CARD:
BOBCARD EXCLUSIVE WOMAN

DESCRIPTION
BOBCARD Exclusive Woman Card is a tribute to the glorious women of India who are
acclaimed for their contributions to the human civilization. BOBCARDS presents this Card to
offer its gratitude to the great women souls of the land.
This card is welcomed at over 29 million Merchant Establishments and over 8,00,000 ATMs