What are some services offered by the Bank of Baroda?


Quick Answer

The Bank of Baroda offers business checking accounts, sells certificates of deposits, provides business loans and assists customers with various international monetary transactions. The Bank of Baroda originated in India and has in excess of 5,300 office branches, as well as 105 international branches in 25 countries.

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Full Answer

As of 2015, the business checking account is open to partnerships, corporations, sole proprietorships and companies. The required minimum balance is $2,500, and account features include no restriction on the number of transactions and free mailed monthly statements.

Types of available business loans include working capital, revolving credit and term loans. Additional monetary and related services offered by the Bank of Baroda include settling U.S. dollar transactions, issuing letters of credit and international wire transfers.

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