Bank of Baroda is one of the most prominent banks in India, having its total
assets as Rs. 1, 43,146 Crores as on 31st of March 2007. The bank was
founded by Maharaja Sayajirao Gaekwad III (also known as Shrimant
Gopalrao Gaekwad), the then Maharaja of Baroda on 20th of July 1908 with
a paid capital of Rs. 10 Lacs. From its introduction in a small building of
Baroda, the bank has come a long way to achieve its current position as one
of the most important banks in India. On 19th of July 1969, Bank of Baroda
was nationalized by the Government of India along with 13 other
commercial banks.
The bank offers a wide array of customized and specialized services to meet
the diverse needs of its customers, and these services have been categorized
into Personal Banking, Business Banking, Corporate Banking, International
Banking, Treasury Banking and Rural Banking services
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BANK OF BARODA
BANK DEFINITION:
A financial institution that is licensed to deal with money and its substitutes
by accepting time and demand deposits, making loans, investing in
securities. The bank generates profits from the difference in the interest rates
charged and paid.
MEANING OF BANK:
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BANK OF BARODA
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BANK OF BARODA
2000s
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BANK OF BARODA
2007: In its centenary year, BoB’s total business crossed 2.09 lakh
crores, its branches crossed 1000, and its global customer base 29
million people.
2008: BoB opened a branch in Guangzhou, China (02/08/2008).
2008: BoB opened a joint venture life insurance company with
Andhra Bank and Legal and General (UK) called IndiaFirst Life
Insurance Company
2009: The Bank of Baroda registered with the Reserve Bank of New
Zealand, enabling it to trade as a bank in New Zealand (2009/09/01)
2010
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BANK OF BARODA
1. FIXED DEPOSITS
Short Deposits
A Scheme for High Return on your savings even for a short period of
less than 1 year. An ideal option for all transitory savings to meet the
requirements. An ideal option for all transitory savings.
For such advances interest shall be charged 1.5% over the deposit rate
with monthly rests in case of depositor -borrower and in case your
friends want to avail loan against your deposit the rate of interest will
be a little higher depending on loan amount.
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BANK OF BARODA
Key Benefits
Deposit Tenure:
o Minimum - 12 months.
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BANK OF BARODA
Key Benefits:
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BANK OF BARODA
Key Benefits:
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BANK OF BARODA
The Monthly Income Plan is tailored for those individuals who regularly
need money to supplement their income i.e. each month. Interest earned on
your deposit becomes another source of income.
Key Benefits:
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BANK OF BARODA
Deposit Tenure:
o Minimum - 12 months.
o Maximum - 120 months.
Key Benefits:
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BANK OF BARODA
Deposit Tenure:
o Minimum - 12 months.
o Maximum - 120 months.
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BANK OF BARODA
The Capital Gain Account Scheme primarily helps you avail of tax
exemptions from capital gains. It offers two types of accounts- Savings and
Term Deposits.
Key Benefits:
Term Deposits
Key Benefits
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BANK OF BARODA
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Eligible Persons:
For availing Tax benefit maximum amount in a financial year - Rs. 1/-
lakh.
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BANK OF BARODA
2. CURRENT ACCOUNT
Depending on the nature of the account and the governing terms and
conditions, Bank of Baroda offers you under Savings Accounts.
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BANK OF BARODA
Baroda Centenary Savings Account a Superior Savings Bank a/c with added
value propositions. This product is available at all CBS branches in India.
Key Benefits:
Key Benefits
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BANK OF BARODA
The product is in the nature of superior Savings Bank Account with added
value propositions to high value resident customers. The product is available
at our computerized branches at Metro and Urban centers only.
Key Benefits
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BANK OF BARODA
Key Benefits:
Banking simplified
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BANK OF BARODA
Minimum amount:
Rs. 50/- at all centers (Metro/Urban/Semi Urban/Rural). No service
charges for non-maintenance of minimum balance
Maximum amount:
There is no ceiling on the amount deposited/held in the account.
However, in case of minors (between 10 and 14 years), maximum
amount cannot exceed Rs. 1 lakh
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BANK OF BARODA
Bank of Baroda now has a special salary account with added benefits. It's a
saving bank account with an in built feature of overdraft facility to the
salaried persons.
Key Benefits
Earn interest on credit balance account as per saving bank a/c rules.
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BANK OF BARODA
Key Benefits
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BANK OF BARODA
Other conditions :
o On due date of FDR the facility may be renewed at the request
of the customer. In absence of any request, overdraft facility
may be liquidated by appropriation of proceeds of the FDR
after giving due notice to the borrower or alternatively FDR
may be renewed under auto renewal facility and overdraft
facility may also be renewed at revised interest rate linked with
FDR, depending upon circumstances.
o If the borrower fails to pay the interest in overdraft account
and /or the accounts remains overdrawn for a quarter, bank
shall have right to cancel the facility, liquidate it by prepaying
the deposit and appropriating proceeds thereof after giving due
notice to the customer..
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BANK OF BARODA
Bank of Baroda invites you to be a proud owner of your own home and
offers easy Home Loan with a number of conveniences to suit your budget.
Construction of house.
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BANK OF BARODA
Key Benefits
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BANK OF BARODA
Key Benefits
The scope for the New Product has been kept wide to cover the target
groups, viz. owners of immoveable properties (lessor) belonging to all
types of the constitution.
The minimum and maximum loan limits are fixed at Rs.1 lac and
Rs.1000 lacs respectively.
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BANK OF BARODA
Key Benefits
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BANK OF BARODA
Key Benefits
Education is the most important investment one makes in life. Higher studies
and specialization in certain fields call for additional financial support from
time to time.
Whether you are planning school education (nursery to standard XII) of your
child, pursuing a graduate or post-graduate degree, the Bank of Baroda
Education Loans, can help finance your ambitions and goals.
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BANK OF BARODA
Baroda Vidya
Baroda Gyan
Baroda Scholar
The Car Loans from Bank of Baroda are designed to finance the car that
suits your need and matches to your status & taste.
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BANK OF BARODA
Bank of Baroda brings to you Baroda Loan to Doctors, a one of its kind,
designed specially to cater to the financial needs of the doctors.
Key Benefits
A wedding in the family. Maybe it's high time you surprised your spouse
with a priceless gift. Or you simply need to pamper your family with an
extended vacation. These are the times when you may need a helping hand.
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BANK OF BARODA
That's when you can bank on us. Bank of Baroda's Personal Loan offers
financial help to meet your personal requirements.
Key Benefits
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BANK OF BARODA
1. DEBIT CARDS
The Bank of Baroda International Debit Card is accepted at over 50000 Visa
Electron ATMs in India and 1000000 ATMs worldwide. The card is also
accepted at any 350000 merchant outlets in India and around 29 millions
globally. The card enables you to enjoy the convenience of cash-less
purchasing power without the fear of overdrawing your account
Key Benefits
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BANK OF BARODA
2. CREDIT CARDS
A credit card is a system of payment named after the small plastic card
issued to users of the system. A credit card is different from debit card in
that it does not remove money from the users account after every
transaction. In the case of credit cards, the issuer lends money to the
consumer.
Eligibility:
Students of age 18 years & above of Professional Degree/Diploma level
courses.
Features:
Revolving credit: Rs.15, 000 onwards. (The company has the right to issue
cards with lower limits also with a min. limit of Rs.5,000/-)
Cash withdrawal: 10% of sanctioned limit
Photo card with signature scanned for security
Worldwide Acceptance
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BANK OF BARODA
Description
Eligibility
Individual : Annual income of Rs. 3,00,000 or more.
Features
· Revolving credit : Rs. 75,000 (The company has the right to issue cards
with
lower limits also with a min. limit of Rs.50,000/-)
. Cash withdrawal: 20% of credit limit.
. Service charge on revolving credit limit : 2.5% (i.e. 30% APR
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BANK OF BARODA
3. MASTERCARD GOLD
Description
BOBCARD Gold is affiliated with MasterCard International & valid
throughout the world. It is globally accepted over 30 million locations and
8,00,000 ATMs worldwide. BOBCARD presents these premium cards to
offer its gratitude to the High Net worth Individuals. Exclusively designed,
these cards are packed with great features and benefits. So, get your Gold
MasterCard today and be a part of the evolution.
Its features offer you the freedom you deserve and the convenience you
desire. Not to mention the extra benefit of insurance it offers -Accidental
Insurance and Baggage Insurance. What's more, you can withdraw cash up
to 20% of credit limit from our area offices/ BOB/ATM's.
Eligibility
Individual: Annual income of Rs. 3,00,000 or more.
Features
· Revolving credit: Rs. 75,000 (The company has the right to issue cards
with lower limits also with a min. limit of Rs.50, 000/-)
. Cash withdrawal: 20% of credit limits.
. Service charge on revolving credit limit: 2.5% (i.e. 30% APR)
· Service charge on Cash withdrawal : 2.5% or Rs.100 whichever is higher
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BANK OF BARODA
4. BOBCARDS EXCLUSIVES
Description:
This card is welcomed at over 29 million Merchant Establishments and over
8, 00,000 ATMs worldwide. This card is affiliated with MasterCard
International and is very popular amongst the Bobcards holder.
Eligibility
Individual: Annual income of Rs. 2, 00,000 or more.
Features
· Revolving credit: Rs. 40,000 onwards. (The company has the right to issue
cards with lower limits also with a min. limit of Rs.25, 000)
. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit.
(Subject to repayment of earlier cash withdrawal amount)
. Service charge on revolving credit limit: 2.5% (i.e. 30% APR)
· Service charge on Cash withdrawal: 2.5% or Rs.100 whichever is higher
(at Bobcards/Bank of Baroda branches).
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BANK OF BARODA
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 worldwide. This card is affiliated
with MasterCard International and is very popular amongst the Bobcards
holder.
Eligibility
Individual: Annual income of Rs. 2, 00,000 or more.
Features
· Revolving credit: Rs. 40,000. (The company has the right to issue cards
with lower limits also with a min. limit of Rs.25, 000)
. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit.
(subject to repayment of earlier cash withdrawal amount)
. Service charge on revolving credit limit: 2.5% (i.e. 30% APR)
Service charge on Cash withdrawal : 2.5% or Rs.100 whichever is higher.
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BANK OF BARODA
Description
The youth of our nation is truly the dynamic force around which our society
and commerce is revolving. Not surprisingly, the youth demands only the
best. Be it in terms of career or lifestyle. As a tribute to this undying force,
BOBCARDS now presents Exclusive Youth Card packed with features
designed to support them even more in terms of convenience and financial
independence. This card is welcomed at over 29 million Merchant
Establishments and over 8, 00,000 ATMs worldwide. This card is affiliated
with MasterCard International and is very popular amongst the Bobcards
holder.
Eligibility
Individual: Annual income of Rs. 2, 00,000 or more.
Features
· Revolving credit: Rs. 40,000. (The company has the right to issue cards
with lower limits also with a min. limit of Rs.25,000)
. Cash withdrawal: Cash limit will be 20% of the sanctioned credit limit.
(subject to repayment of earlier cash withdrawal amount)
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BANK OF BARODA
3) To see whether consumers are satisfied with the services offered by the
bank.
5) To promote fair and cordial relationship between the customers and the
bank.
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BANK OF BARODA
A. Primary Data:-
As a research focus on the boom in Bank of Baroda the
annexure is mainly designed to find out the consumer for special
perception about different shares. The Interview method is used to
collect the data. The sample size was 50 and closed end it with
multiple choices questionnaire is taken for studies. The following
methods can be used as primary data:-
Personnel Interview:-
The primary data can be taken by
personnel interview of the customer of the bank. Interview of
Mr. Rakesh Sharma, the manager of Bank of Baroda of Andheri
branch was taken to collect the information of the bank.
Questionnaire:-
The survey was conducted in the area to
collect the information of Bank of Baroda. The questionnaire
was filled by the respondent of that bank to see whether they
are satisfied with the service of the bank.
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BANK OF BARODA
B. Secondary Data:-
Sources of data that leads to intelligence are diverse
and wide range. The wide range of secondary data consists from
magazines, newspaper, text book and Internet etc.
Text books:-
The information collected from the text book is also
known as secondary data. This information can also be used for
making the projects. Text book also helped in this project.
Internet:-
In the internet there is much information which can be
used for making projects. There are websites in the internet
where the data is stored. This data is used for the projects. Most
of the information was collected from the internet from various
websites.
These are the way to collect the information for the projects which are
primary data and secondary data.
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BANK OF BARODA
A financial institution that is licensed to deal with money and its substitutes
by accepting time and demand deposits, making loans, investing in
securities. The bank generates profits from the difference in the interest rates
charged and paid.
The accounts and deposits offered by this bank are short deposits, Baroda
fast access deposits scheme, bob suvidha fixed deposits scheme, current
account, various types of saving accounts, etc. There are types of loans
provided by the banks they are Baroda home loans, loans against future rent
receivables, Baroda career developments, Baroda two wheeler loans, etc.
Bank of Baroda provides Debit cards and various types of credit cards which
are used by the consumers of the banks. This is how the bank provides
various products to the consumers and offers various services to attract more
customers.
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BANK OF BARODA
According to the survey, I found that, more than 90% customers are fully
satisfied with the service which is offered by Bank of Baroda.
I found that the loan facilities which are offering by Bank of Baroda are very
good and regulations, interest rate, terms of maturity etc, are according the
customer’s requirements. The responses of these services are good.
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BANK OF BARODA
I conclude that Bank of Baroda has increased its profit due to customers in
all of their areas by providing prompt service and friendly relationship with
their customer.
Bank of Baroda has put new ATM network in many places. Bank of Baroda
has issuing VISA debit card & credit cards which can also be used at point
of sales terminal ergo shopping malls etc. this helps the customer to get
urgent cash anytime & anywhere.
As far as services are concerned, it’s what a person would expect from any
public sector bank and little more.
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BANK OF BARODA
1. Name: ………………………………………………………………….
2. Address: ………………………………………………………………..
………………………………………………………………
…..
………………………………………………………………
…..
3. Sex:
Male Female
4. Age
Yes No
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BANK OF BARODA
Yes No
If yes, reason:-
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BANK OF BARODA
Website:
www.bankofbaroda.com
www.bob_managementparadise.com
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