Bank of Baroda (BoB) was founded by Maharaja Sayajirao Gaekwad in July 1908. It started with a paid up capital of Rs 10 lakh. Bank of Baroda is a pioneer in various customer centric initiatives in the Indian banking sector. Bank is amongst first in the industry to complete an all-inclusive rebranding exercise wherein various novel customer centric initiatives were undertaken along with the change of logo. The initiatives include setting up of specialized NRI Branches, Gen-Next Branches and Retail Loan Factories/ SME Loan Factories with an assembly line approach of processing loans for speedy disbursal of loans.
Ever since its rebranding in 2005, bank has consistently promoted its major strengths viz. large international presence; technological advancement and superior customer service etc. Bank had introduced the sub brand BARODA NEXT-State of the Art-Straight from the Heart to showcase how it has utilized technology to nurture long term relationships for superior customer experience. The sub brand has been reinforced by alternate delivery channels such as internet banking, ATMs, mobile banking etc and robust delivery outfits like Retail Loan Factories, SME Loan Factories, City Sales Office etc. Bank’s constant endeavor to strengthen its branch/ATM network combined with well informed staff offering personalized service at its various touch points have enhanced customer interactions and satisfaction. Thus the Bank has firmly positioned itself as a technologically advanced customer-centric bank.
Presently it has a network of 3454 branches across India and 86 branches overseas, spread at Australia, Bahamas, Bahrain, Belgium, Botswana, China, Fiji islands, Ghana, Guyana, Hong Kong, Kenya, Mauritius, Malaysia, Seychelles, South Africa, Singapore, Oman, Tanzania, Thailand, Trinidad, Uganda, UAE, UK, US and Zambia.
Retail banking It offers products and services such as deposits, loans, credit and debit cards, demat services, remittances, ECS (electronic clearing services, government business, etc.
Rural and agri banking It offers products and services such as deposits, agricultural loans, lockers services, etc to rural customers and agricultural sector.
Corporate banking It provides project finance, film finance, foreign currency loans, working capital finance, treasury products, etc to the corporate sector.
SME BoB also offers products and services to SME sector.
Wealth Management It provides wealth management services to companies in areas of insurance and mutual funds. In insurance it offers services to HDFC and National Insurance Company. In mutual funds it provides services to UTI, Birla Sun Life, Reliance Mutual Fund, Sundaram BNP Paribas, Franklin Templeton Investments and Baroda Pioneer Asset Management Company.
Overseas - Representative Offices
Domestic - Associate
Overseas - Associate