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Sweep account in bank of baroda


sweep account in bank of baroda

Free collection of outstation cheques drawn in favour of a/c holder.
More Services designed to cater to a vast majority of Indian population.
The product is in the nature of superior Savings Bank Account win free items in dota 2 with added value propositions to high value resident customers.
Auto Sweep/Reverse Sweep.e.f.Immediate credit of outstation cheques upto.25,000/-, as per norms.Quarterly payment of interest.Quarterly Average Balance (QAB).20000/- to be maintained.Interest is paid on Quarterly basis.More For CBS branches only.Now suppose he has Rs 10,000 lying in the bank, He will be earning normal 3-3.5 interest on this money.Safe Deposit Lockers on priority basis (subject to availability).No ceiling on the amount to be deposited and credit balance in the a/c.Now suppose he has to withdraw 10,000 from his account, he will actually withdraw it from the cash lying in saving bank, and his balance will reduce to 20,000.5.00 lac More Opening of account.
Some banks are also known to give simple interest on the Auto-sweep Fixed Deposits and not compound interest as in case of normal fixed deposits.
Branch Managers to use their discretion based apple discount coupon on the conduct of the Salary A/c.
More The product is in the nature of superior Savings Bank Account with added value propositions to high value resident customers.
Free collection of outstation cheques drawn in favour of account holder (postage out of pocket expenses are recoverable).
Sweep will be carried out every Monday (at the end of the day).
1000/- (exclusive of Service Tax) per quarter for not maintaining minimum quarterly average balance (QAB).Allahabad Bank Flexi-fix Deposit, bank of Maharashtra Mixie Deposit Scheme.Waiver of processing charges and/or concession in R/Interest upto 25 basis points for group processing of Retail Loans of the employees.5/- only Immediate credit of outstation cheques upto.Nagrik Bachat Khata is a no frill account without any hidden charges.




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