DOCUMENTATION OF BANKBANK OF BARODA

SR.NO

PARTICULAR PG.NO

01 INTRODUCTION.

02 TYPES OF ACCOUNTS : 01. SAVING ACCOUNTS. 02. CURRENT ACCOUNTS. 03. FIXED ACCOUNTS. 04. RECURRING ACCOUNTS.

03 BARODA CHEQUES.

04 BARODA PASS BOOK.

05 COMMON DEPOSIT SLIP.

06 TYPES OF LOANS : 01. HOME LOANS. 02. EDUCATION LOANS. 03. PERSONAL LOANS.

07 WORKING CAPITAL FINANCE

08 INTERNATIONAL DEBIT CARD.

09 INTERNET AND MOBILE NET.

10 BALANCE SHEET.

11 PROFIT AND LOSS A/C.

12 CASH FLOW.

pg. 2

13 CONCLUSION

INDEX

INTRODUCTIONBank of Baroda (BSE: 532134) (BoB) is the third largest Public Sector

bank in India, after State Bank of India and Punjab National Bank. BoB has total assets in excess of Rs. 2.27 lakh crores, or Rs. 2,274 billion, a network of over 3000 branches and offices, and about 1100+ ATMs. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, credit cards and asset management.

Maharajah of Baroda Sir Sayajirao Gaekwad III founded the bank on July 20, 1908 in the princely state of Baroda, in Gujarat. The bank, along with 13 other major commercial banks of India, was nationalised on 19 July 1969, by the Government of India.

International Presence

Bank of Baroda Building in Dubai

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In its international expansion Bank of Baroda followed the Indian diaspora, and especially that of the Gujaratis. It has significant international presence with a network of 72 offices in 25 countries, six subsidiaries, and four repres entative offices.

Sales Rs. 17,754 crores Profits Rs. 2,227 crores Assets Rs. 2,27,406 crores

Among Bank of Baroda's 42 overseas branches are ones in the world’s major financial centers i.e. New York, London, Dubai, Hong Kong (which it has upgraded recently), Brussels and Singapore, as well as a number in other countries. The bank is engaged in retail banking via 17 branches of subsidiaries in Botswana, Guyana, Kenya, Tanzania, and Uganda. Bank of Baroda also has a joint-venture bank in Zambia with nine branches. Bank of Baroda maintains representative offices in Malaysia, China, Thailand, and Australia. It plans to upgrade its offices in China and Malaysia shortly to a branch and joint-venture, respectively.

Bank of Baroda has received permission or in principle approval from host country regulators to open new offices in Trinidad and Tobago and Ghana, where it is seeking to establish joint ventures or subsidiaries. The bank has received Reserve Bank of India approval to open offices in the Maldives, and New Zealand. It is seeking approval for operations in Bahrain, South Africa, Kuwait, Mozambique, and Qatar and is establishing offices in Canada, New Zealand, Sri Lanka, Bahrain, Saudi Arabia, and Russia. It also has plans to extend its existing operations in the United Kingdom, the United Arab Emirates, and Botswana.

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Savings Bank AccountKey Benefits

Simplest deposit option available to the depositor.

Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding. No hidden costs.

Zero balance facility – Your Savings Bank Account with us remain alive even when the balance reaches zero. This facility is only for salaried employees in Central/ State Govt. Public & Private Limited Companies, Agents of Life & General Insurance Corporations and Students. Even for those receiving compensation from govt. for acquisition of their properties.

Your deposits are insured by DICGC

Option for money withdrawal by withdrawal forms or by cheque.

An ideal option to cultivate the habit of banking and saving amongst the younger generation.

Provision for nomination.

Terms & Conditions

Money can be deposited for any quantum of time; there are no minimum or maximum deposit periods for this offering.

Documents required:

o Passport size photograph o Proof of residence o An introduction as per Bank's norms o IT Declaration (Form 60/61)

In case personal introduction is not possible, introduction by way of approved documents such as passport, driving license, pan card, election i-card, defence i-card, etc.

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Savings Deposits Interest Rate (% p.a.)

Savings Account 3.50%

Baroda Current Account

Key Benefits

Features of Baroda Current Account: (At Non-CBS branches)

Sl.No FeaturesBaroda Current Account(For Non

CBS branches)

1 Minimum Balance 1. Rural & SU - Rs1000/- 2. Urban- Rs2000/- (Pers A/c)

Rs3000/-(other A/C) 3. Metro- Rs3000/-(Pers A/C)

Rs5000/-(Other A/c)

2 Statement of account once(free monthly)

3 Balance Certificate free once in a year

4 signature Verification normal charges

5 Folio charges Nil for accounts with average credit bal. of more than Rs50000/-

6 Issuance of cheque books first time free cheque of 50 leaves

7 Cash handling charges on cash deposit

Free up to Rs50,000 per day and beyond this charges @ Rs25/-per Rs 50000/- on the excess amount

Terms & Conditions

The minimum balance to be maintained in the various current account deposits are as shown in the table below: (For non-CBS branches only)

  Minimum Balance Personal A/c. Other A/c.

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Rural 1000/- 1000/- Semi Urban 1000/- 1000/-

Urban 2000/- 3000/- Metro 3000/- 5000/-

For CBS branches minimum Quarterly Average Balance (QAB) is Rs. 10,000/- irrespective of the area.

2Current/Overdraft Accounts – Individuals: Maintenance charges

Transaction Charges:   £ 5/- per quarter

50p per credit/debit on all Current/ Overdraft accounts. In case of clearing, 50p for each instrument sent in clearing.

No maintenance or transaction  charges if  £ 500/- minimum balance is maintained during the quarter

3Current/Overdraft Accounts –Firms & CompaniesMaintenance charges

Transaction Charges:    £15/- per quarter 

50p per credit/debit on all Current/ Overdraft accounts. In case of clearing, 50p for each instrument sent in clearing.

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Baroda Fixed Deposit Account

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:

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.

Overdraft / loan against deposit provided on demand upto 95% of deposit amount without any guarantor and processing fee, filling of any forms etc. even for 1 day and upto the maturity period of deposits to meet short term requirements and needs.

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.

Accepted as a Security by Govt. Deptt.

Accepted as margin for Non-fund based facilities.

Nomination facility is available.

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Key Benefits

Minimum deposit amount of Rs.1000/-

Minimum period of deposits - 7 days

Maximum - less than 12 months.( period of 7 days to 14 days - applicable for deposits of Rs. 15 lacs and above)

For opening of the account - two passport size photographs, documents relating to proof of residence, and introduction from a person known to the Bank (bank's customer/ existing account holder) are required.

Rate of interest depends on maturity period.

An additional interest @ 0.50% for Senior Citizens against their deposits of Rs. 10,000/- and above.

Interest payment is subject to Tax Deducted at source(TDS) as per prevailing Income Tax ACT.

However, tax is deducted at source (TDS) on deposits that earn interest more than Rs.10,000/- per year.

For Deposits over 12 months:

Fast Access Deposit Scheme BoB Flexible Fixed Deposit Scheme Regular Income Plan Monthly Income Plan Regular Income Cum Recurring Deposit Capital Gain Account Scheme, 1988

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Term Deposits Baroda Tax Savings Term Deposit

Recurring Deposits: General Scheme

A basic saving plan, which helps you regulate your savings and reap its benefits from time to time. Also avail up to 95% of the deposit amount by way of loan/overdraft.

Key Benefits

Regularises savings by encouraging a saving habit.

Loan/Overdraft facility up to 95% of the deposit amount.

Provision for nomination.

Terms & Conditions

Minimum amount required to open an account - Rs. 50/- (rural and semi-urban) and Rs. 100/- (Urban and Metro).

Subsequent deposits in multiples of - Rs. 50/- (rural and semi-urban) and Rs. 100/- (Urban and Metro).

Deposit Tenure:

o Minimum - 6 months. o Maximum - 36 months.

Interest will be compounded quarterly and paid on maturity. On pre-matured withdrawal of your deposit amount, interest will be calculated at 1% below the rate applicable for the period of deposits.

Documents required:

o Passport size photograph o Proof of residence o An introduction as per Bank's norms

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Baroda Flexible Recurring Deposit Account

Enjoy the facilities of a recurring deposit along with the flexibility of varying monthly instalments and a higher yield.

Key Benefits

Regularises savings by encouraging a saving habit.

Loan/Overdraft facility up to 95% of the deposit amount.

Provision for nomination.

Terms & Conditions

Amount of core instalment - Rs.100/- (which can be increased in multiples of Rs. 100/-).

Monthly deposit amount can be increased only up to 3 times of the core instalment subject to maximum of Rs. 10000/- per month.

Deposit Tenure:

o Minimum - 12 months. o Maximum - 36 months.

On pre-matured withdrawal of your deposit amount, interest will be calculated at 1% below the rate applicable for the period of deposits

Documents required:

o Passport size photograph o Proof of residence o An introduction as per Bank's norms

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Interest Rates on Deposits (Domestic & NRI)

Interest Rate on Term Deposits & NRO Deposits (W.E.F 17.08.2009)

Maturity Range Deposit [Per Annum]

Upto Rs. 15 lacs Above Rs. 15 lacs to less than Rs. 1 Cr.

7 days to 14 days 2.50% 2.50%

15 days to 45 days 3.00% 3.00%

46 days to 90 days 4.00% 4.00%

91 days to 180 days 5.00% 5.00%

181 days & above but less than 1 year

5.50% 5.50%

1 year & above but less than 2 years

6.50% 6.50%

2 years and above upto 749 days

7.00% 7.00%

750 days 7.00% 7.00%

Above 750 days but less than 3 years

7.00% 7.00%

3 years and above but less than 5 years

7.00% 7.00%

5 years and above but less than 8 years

7.00% 7.00%

8 years and above up to 10 years

7.00% 7.00%

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BARODA CHEQUES

A cheque or check is a negotiable instrument. Instructing a financial institution to pay a specific amount of a specific currency from a specified demand account held in the maker/depositor's name with that institution. Both the maker and payee may be natural persons or legal entities.

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Baroda common deposit slip

A deposit slip is a printed form which accompanies bank deposits. The depositor fills out the deposit slip to indicate what types of funds are being deposited and which accounts they should be deposited into. In some cases, a bank will pre-print deposit slips with account information and include them in a checkbook. Deposit slips are used by a bank to keep track of the money deposited over the course of a business day, and to ensure that no funds slip through the cracks. For bank clients, a deposit slip offers a form of protection, indicating that funds were counted and accepted by the bank. If the deposit is processed improperly, the deposit slip will provide a paper trail.

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Baroda pass book or bankbook

A passbook or bankbook is a paper book used to record bank transactions on a deposit account. Depending on the country or the financial institution, it can be of the dimensions of achequebook or a passport.

Traditionally, a passbook is used for accounts with a low transaction volume, such as a savings account. The bank teller or postmaster writes, by hand, the date and amount of the transaction, the updated balance, and enter his or her initials. In the late 20th century, small dot matrix or inkjet printers were introduced to update the passbook at the account holder's convenience, either at an automated teller machine or a passbook printer, either in a self-serve mode, by post, or in a branch.

pg. 15

Baroda Home Loan

Value propositions

Bank offers following benefits with home loan availed by you:

Free Property and Personal Accident Insurance (available for stipulated tenure of loan).

Free Credit Card - "Paras" card (Complimentary for first year) to all new home loan borrowers with loan limit of Rs. 2/- Lakhs and above

Advance up to 90% of the principal amount of home loan repaid for any requirement ('AAA').

As per current IT provisions - Interest on loan upto Rs. 1.5 Lakhs per annum is exempt from income tax (Under section 23/24(I) of the Income Tax Act).

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Terms & Conditions

Income Criteria:

  Monthly Income   Modified Criteria   Up to Rs. 20,000/-   36 times of monthly income   More than Rs.20,000/- & up to Rs. 1 lac   48 times of monthly income   More than Rs. 1 lac   54 times of monthly income

Margin:

  Monthly income   Purpose   Margin

  Upto Rs.20000/-   Purchase of plot   20%      House/flat already constructed from own

resources   25%

     All other cases   20%   Above Rs.20,000/-

  Purchase of plot   20%

     House/flat already constructed from own resources

  20%

     All other cases   15%

Special Home Loan Package : On home loans sanctioned on or after 16.12.2008 - and up to 31.12.2009 (shall not apply to swapping of loan, loans sanctioned on Reimbursement basis and takeover from other banks

o Home Loan upto Rs 5.00 lac for a maximum period of 20 Years: Margin - 10% No processing charges and pre payment charges / penalty Free Personal Accidental Death and Property Insurance Cover Free Life Insurance cover equivalent to the loan amount

o Home Loans above Rs 5.00 lac and upto Rs 20.00 lac for a maximum period of 20 Years

Margin - 15%

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There shall be no processing charges and pre payment charges / penalty

Free Personal Accidental Death and Property Insurance Cover. Free Life Insurance cover equivalent to the loan amount

As security against the loan amount, the bank will take an equitable mortgage of the housing property and/or other suitable securities.

No Fees will be charged on part prepayment / full prepayment of the loan amount from own sources.

The loan can be repaid in a maximum period of 15 / 25 years taken under fixed / floating rate option subject to the period up to age of retirement in case of salaried persons and 65 years in case of others.

In case of full prepayment or foreclosure (other than from own sources) fees will be charged at 0.5% for each year of the residual period subject to maximum of 2%.

Home loans sanctioned on or after 16.12.2008 – and upto 31.12.2009 - Under Special Home Loan Package

  Upto Rs. 5.00 lacs Above Rs. 5 lacs & upto Rs 20 lacs

Upto 20 years 8.5% 9.25%

The above rate is for the first 5 years. The rate of interest shall be reset after 5 years from the date of drawal of the first installment and borrower will then have the option for going for a fixed rate or floating rate of interest

Baroda Home Loan to Individuals / NRIs / PIOs

Fixed Rate option Up to Rs. 30 Lacs Above Rs. 30 Lacs

Upto 5 years 9.50% 10.25%

Over 5 years & up to 10 years 9.75% 10.50%

pg. 18

Over 10 years & up to 15 yrs 10.00% 10.75%

Floating Rate option

Up to Rs. 30 Lacs Above Rs. 30 Lacs and upto Rs. 50 Lacs

Above Rs. 50 Lacs

Up to 5 years3.50% below BPLR

i.e. 8.50%2.75% below BPLR i.e.

9.25%2.25% below BPLR

i.e. 9.75%

Over 5 years up to 15 years

3.25% below BPLR i.e 8.75%

2.50% below BPLR i.e. 9.50%

1.75% below BPLR i.e. 10.25%

Over 15 years up to 25 years

3.00% below BPLR i.e.9.00%

2.25% below BPLR i.e. 9.75%

1.50% below BPLR i.e. 10.50%

Baroda Education Loan

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.

Following are the loan options available:

Baroda Vidya

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Baroda Gyan

Baroda Scholar

Baroda Vidya

Bank of Baroda presents a one of its kind finance option for parents of students pursuing school education. These loans are available for studies from Nursery to Senior Secondary School.

No processing & documentation charges.

No Margin.

No security required.

Terms & Conditions

Eligibility :

pg. 20

Should be an Indian national residing in India.

Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses

1. Stage I : Nursery to V th STD. 2. Stage II : VI th to VIII STD. 3. Stage III : IX th to XII th STD.

Coverage of expenses for :

Fee payable to college / school.

Examination / Library / Laboratory Fee.

Fee and other charges payable to hostel.

Purchase of books / equipments / instruments / uniforms.

Personal Computers / Laptops wherever required.

Caution deposit / building fund / refundable deposit supported by instituion bills / receipts.

Maximum Loan Amount : Rs.4.00 Lacs

Repayment Period :

Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.

The parents must be residing in the place for a minimum period of -3- years, except in the case of transferable job.

Security :

pg. 21

In case the loan is given for purchase of computer the same is to be hypothecated to the bank.

Rate of Interest :

1% concession in rate of interest to loans for girl students.

Interest to be serviced as and when applied during moratorium period.

Penal Interest @ 2% on overdue amount if the loan amount exceeds Rs. 2/- lacs.

Baroda Gyan

A loan product specially designed for students pursuing Graduation, Post - Graduation, Professional & Other courses in India. Bank of Baroda extends a helping hand to energize your studies and promote education of the youth.

No processing charges.

No Margin on loans upto 4 lacs.

Free Debit Card.

Terms & Conditions

Courses Eligible :

All Graduation courses.

All Post Graduation courses & Doctorate courses.

Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc.

Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities.

Courses like C.A, ICWA, CFA, CS, etc.

pg. 22

Courses conducted by IIM, IIT, IISc, XLRI. NIFT etc.

Regular Degree/ Diploma courses like Aeronautical, pilot training,shipping etc., approved by Director General of Civil Aviation/shipping.

Other courses leading to diploma / degree etc. conducted by colleges/universities approved by UGC/Govt./ AICTE/ AIBMS/ ICMR etc.

Courses offered in India by reputed foreign Universities.

Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR.

Courses offered by National Institutes and other reputed private institutions. The College/Institute must have been approved by the State/Central Govt./UGC/AICTE,etc.

Student Eligiblity :

Should be Resident Indian.

Secured admission to either of above courses

Coverage of expenses :

Fee payable to college / Institution / University.

Examination / Library / Laboratory Fee.

Fee and other charges payable to hostel.

Purchase of books / equipments / instruments.

Personal Computers / Laptops wherever required.

Caution deposit / building fund / refundable deposit supported by institution bills / receipts.

Any other expenses required to complete the course - like study tours, project works, thesis, etc.

Maximum Loan Amount : Rs.10.00 Lacs.

pg. 23

Margin :

Upto Rs. 4.00 lacs :- NIL

Above Rs. 4.00 lacs :- 5%

Margin is to be contributed on pro rata basis on year to year basis as and when disbursements are availed.

Repayment Holiday / Moratorium Period :

Course period + 1 year or 6 months after getting job, whichever is earlier.

Repayment Period :

The loan is repayable in 5-7 years after the above period.

Security :

Upto Rs.4 lacs : No security

Above Rs. 4.00 Lacs and up to Rs. 7.5 lacs: Collateral in the form of a suitable thirdparty guarantee alognwith assignment of future income.

Above Rs.7.5 lacs: Tangible collateral security equal to 100% of the loanamount along with assignment of future income

Rate of Interest :

Simple interest to be charged at monthly rests during the repayment holiday / moratorium period.

1% interest concession is provided if interest debited during repayment holiday is serviced.

1% Concession in rate of interest to loans for girl student.

Penal interest @ 2% p.a. on overdue amount, if the loan amount exceeds Rs.4.00 lacs.

pg. 24

Baroda Scholar

Bank of Baroda presents financial assistance to students going abroad for Professional / Technical studies. The loan offering is designed to empower you with the financial capability to realise your dreams... Achieve your goals... Reach out to the maximum limits...

Terms & Conditions

Eligiblity of Courses :

Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas.

Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc. The Institute should be recognized by the competent local aviation / shipping authority and Director General of Civil Aviation/shipping in India.

Student Eligiblity :

Should be an Indian National.

Secured admission to Professional/Technical Courses at foriegn Universities/Institutions.

Coverage of expenses (for overseas studies) :

Admission/Tuition fees to College/University.

Hostel/Mess charges.

Examination/Library/Laboratory fee.

Purchase of books/equipments/instruments.

Caution deposit/building fund/refundable deposit supported by institution bills/reciepts.

One way travel expenses/Passage money.

pg. 25

Purchase of computers if essential for completion of the course.

Any other expense required to complete the course e.g. study tour, project work, thesis etc.

Maximum amount of loan : Rs. 20.00 Lacs.

Margin : 15%

Repayment Period :

Repayment Holiday/Moratorium Period :

Course period + 1 year or 6 months after getting job, whichever is earlier.

The loan is repayable in 5-7 years after the above period.

Security :

Upto Rs.4.00/- lacs : No security

Above Rs. 4.00 Lacs and up to Rs. 7.5 lacs: Collateral in the form of a suitable thirdparty guarantee alognwith assignment of future income.

Above Rs.7.5 lacs: Tangible collateral security equal to 100% of the loanamount along with assignment of future income

Rate of Interest :

Simple interest during repayment holiday/moratorium period.

1% interest concession, if interest debited during the repayment holiday is serviced.

1% Concession in rate of interest to loans for girl student.

Penal interest @ 2% p.a. on overdue amount if loan exceeds Rs.4/- lacs.

Baroda Education Loan

pg. 26

Loans upto Rs.4.00 lacs 2.00% below BPLR i.e. 10.00%.

Loans above Rs.4.00 lacs At BPLR i.e. 12.00%.

Baroda Personal Loan

Terms & Conditions

The beneficiaries of this loan can be:

1. Permanent confirmed employees (minimum 1 year service) of

o Central/State Govt/ /Autonomous Bodies/Public/ Joint sector undertakings.

o Reputed Limited companies / MNCs & Educational Institutions.

2. Self Employed Professional

Doctors, Architects, Interior Designers, Engineers, Chartered Accountants,

pg. 27

Technical & Management Consultants & practicing Company Secretaries only, with a stable business (minimum 1-year).

3. Insurance agents subject to

a. The agent is doing insurance business for the last -5- yearsb. The agent has regular and stable income and maintaining SB a/c

with the bank for crediting commission cheques received from their principals.

Loan Amount :Minimum : Rs. 20000 andMaximum of Rs. 2,00,000 (Subject to condition)

Repayment :Up to 36 months (maximum) in Equated Monthly Installments.No pre-payment charges. However, penalty of 2% on overdue amount

Baroda Personal Loan

BARODA PERSONAL LOAN (Realigned on 01.04.09) sanctioned on or after 01.04.09: 2.50% Above BPLR i.e. 14.50%

Except for following Purpose

Loan to Pensioners: 1.25% Above BPLR i.e. 13.25% Loan to Defence Pensioners: 1.25% Above BPLR i.e. 13.25% Loan for Earnest Money Deposit: 0.75% below BPLR i.e. 11.25%

Working Capital Finance

A firm's working capital is the money it has available to meet current obligations (those due in less than a year) and to acquire earning assets.

Bank of Baroda offers corporations Working Capital Finance to meet their operating expenses, purchasing inventory, receivables financing, either by direct funding or by issuing letter of credit.

Key Benefits

Funded facilities, i.e. the bank provides funding and assistance to actually purchase business assets or to meet business expenses.

pg. 28

Non-Funded facilities, i.e. the bank can issue letters of credit or can give a guarantee on behalf of the customer to the suppliers, Government Departments for the procurement of goods and services on credit.

Available in both Indian as well as Foreign currency.

International Debit Card

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

Take advantage of the most widely accepted card and be able to withdraw from any ATM displaying the VISA logo, in India and abroad.

At VISA Electron merchant shops, it can also serve as your electronic purse, and money gets debited instantly from your account, as you pay.

pg. 29

The Card allows you to get mini-statements from Bank of Baroda ATMs, or to check the balance in your account, avoiding visits to even our nearest branches.

More benefits

This card can be used at over 50000 Visa Electron ATM kiosks in India, and at over 10,00,000 ATM's worldwide, displaying the Visa Electron sign.

The Card is accepted at over 3,50,000 Point-of-Sales (POS) in India and around 29 million globally, which display the VISA ELECTRON sign.

In the event of loss or theft of your Bank of Baroda International Debit Card or for any kind of assistance, please take advantage of our 24-hour help line by calling us at Toll Free No. 1800-220-400.

pg. 30

Baroda Internet/mobile Banking

"Baroda Connect" is an internet banking facility introduced as an alternative delivery channel for rendering effective customer service on 24 X 7 basis. It offers unique customized services to both Retail & Corporate customers.

All customers can register under Baroda Connect for View and / or Transaction facility

Under VIEW facility customer can

View Account summary of all operative, deposit and loan accounts

View all multiple Account information online with a single userid

pg. 31

Get Account statements

Under Transaction facility customer can (in addition to the above VIEW facilities)

Transfer funds immediately or schedule for a future date to self linked and third party

Pay through Online Tax - Direct and Indirect taxes online such as Excise Duty, Service Tax, Customs Duty, Income Tax etc.

Pay through Baroda Easy Pay - utility bills like electricity, mobile etc , Donations, Subscription, Travel plan booking online

Book Rail Ticket - IRCTC

Additionally a Corporate user can

o Set up multiple workflow of initiators and approvers for transactions and requests

o View all trade finance related facilities availed eg. Export / Import LC, Inland/ Export Bills, Forward Contracts Bank Guarantees, Packing Credit account etc

o Use upload facility for single debit-multiple credit, multiple debit-multiple credit and single credit-multiple debit.

Baroda Connect facility is FREE of charge

Baroda Connect is a fully secured 128 bit SSL site duly certified by Verisign

Limit for Fund transfers under Baroda Connect

ServicesRetail Corporate

Self and Third Party Self Third Party

Fund Transfer *      

pg. 32

Per transaction 25,000 5,00,000 50000

Daily 50,000 10,00,000 1,00,000

Weekly 2,00,000 40,00,000 4,00,000

Monthly 5,00,000 1,00,00,000 10,00,000

Yearly 30,00,000 6,00,00,000 60,00,000

No. of transaction per day

5 transactions No limits

Approvals for Transactions

Individual can do Involvement of multiple users

* For corporate customers there can be different limits for different corporates after approval from the respective Zonal / Regional authority of the Bank

How to apply

Download appropriate internet banking form from the Home Page - Click the Link under "Download Application Form" to download form for RETAIL Users / CORPORATE Users

Retail.- All Individual account holders should use the RETAIL form

Corporate - All non individuals i.e. companies, partnership firms, HUFs, Sole proprietors should use CORPORATE form

The form should be duly filled in, signed by all signatories i.e. all joint account holders in case of a joint account, all partners in case of a partnership firm etc.

pg. 33

The form should be submitted through the base branch where the customer is maintaining the account for processing.

Customer will get the User Id by post at the communication address

Passwords should be collected from BOB Branch where the application was submitted against acknowledgement

Steps to be followed while logging for the first time

Open your Internet explorer browser and type www.bankofbaroda.com

Click on Net Banking and select Country

Select RETAIL USER or CORPORATE USER

Your login page will be opened.

Type your User Id (received at your communication address)

Password (received through the branch)

Click on Go button only once (Please note that the password is case sensitive).

pg. 34

The terms and conditions page will be opened.

After reading click on Agree button.

A screen will be displayed for changing the password. Please change both the sign-on and transaction password in case you have received both.

Note that the password must contain a minimum of 8 characters (maximum 16) comprising of an alphabet, a number and a special character. The password should not be the same as the userid.

Additionally, the following functionalities under Baroda Connect are also available Click at Bank's website www.bankofbaroda.com at the appropriate link

Payment of Indirect Taxes ( Service Tax, Excise duty and Customs duty)Payment of Direct Taxes( Corporation Tax, Income Tax, TDS, Securities tax etc.)

Payment of Utility Bills Booking of Rail Tickets

pg. 35

Balance sheet

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Sources of funds

Owner's fund

Equity share capital 365.53 365.53 365.53 365.53 294.53

Share application money - - - - -

Preference share capital - - - - -

Reserves & surplus 12,470.01 10,678.40 8,284.41 7,478.91 5,333.23

Loan funds

Secured loans - - - - -

Unsecured loans 1,92,396.95 1,52,034.13 1,24,915.98 93,661.99 81,333.46

pg. 36

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Total 2,05,232.49 1,63,078.05 1,33,565.92 1,01,506.43 86,961.22

Uses of funds

Fixed assets

Gross block 3,954.13 3,787.14 2,244.62 1,873.17 1,707.68

Less : revaluation reserve - - - - -

Less : accumulated depreciation 1,644.41 1,360.14 1,155.81 952.44 846.88

Net block 2,309.72 2,427.01 1,088.81 920.73 860.80

Capital work-in-progress - - - - -

Investments 52,445.88 43,870.07 34,943.63 35,114.22 37,074.44

Net current assets

Current assets, loans & advances 4,578.12 4,301.83 5,212.50 3,991.16 4,074.41

Less : current liabilities & provisions 16,538.15 12,594.41 8,437.70 7,083.90 6,062.18

Total net current assets -11,960.03 -8,292.58 -3,225.19 -3,092.74 -1,987.78

Miscellaneous expenses not written - - - - -

Total 42,795.57 38,004.49 32,807.24 32,942.21 35,947.47

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Income

Operating income 16,605.09 13,133.81 9,548.59 7,293.92 6,711.55

Expenses

Material consumed - - - - -

Manufacturing expenses  - - - - -

Personnel expenses 2,348.13 1,803.76 1,644.06 1,523.79 1,381.05

Selling expenses 39.97 33.18 25.70 25.64 10.41

Adminstrative expenses 1,226.06 1,301.33 907.42 1,064.20 938.24

pg. 37

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Expenses capitalised - - - - -

Cost of sales 3,614.16 3,138.28 2,577.18 2,613.63 2,329.70

Operating profit 3,022.76 2,093.87 1,544.86 805.20 929.71

Other recurring income 707.44 688.58 488.78 387.93 214.82

Adjusted PBDIT 3,730.20 2,782.44 2,033.64 1,193.13 1,144.53

Financial expenses 9,968.17 7,901.67 5,426.56 3,875.09 3,452.15

Depreciation  230.50 232.00 194.28 111.13 81.88

Other write offs - - - - -

Adjusted PBT 3,499.70 2,550.44 1,839.35 1,082.00 1,062.65

Tax charges  1,115.74 771.63 627.80 287.64 186.28

Adjusted PAT 2,227.25 1,435.16 1,013.62 1,050.37 676.78

Non recurring items -0.04 0.37 12.85 -0.30 0.02

Other non cash adjustments - - - -223.11 0.04

Reported net profit 2,227.20 1,435.52 1,026.46 826.96 676.84

Earnigs before appropriation 2,227.20 1,435.52 1,026.46 826.96 676.84

Equity dividend 383.56 340.94 252.46 207.68 166.96

Preference dividend - - - - -

Dividend tax - - - - -

Retained earnings 1,843.65 1,094.58 774.01 619.28 509.88

Profit loss accountCash flow

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Profit before tax 3,342.94 2,207.16 1,654.26 892.01 863.12

Net cashflow-operating activity 1,125.47 2,241.82 5,153.94 2,067.91 2,449.57

Net cash used in investing activity -238.93 -235.13 -307.65 161.04 -127.91

pg. 38

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05

Netcash used in fin. activity 901.29 2,012.23 -20.56 1,971.49 -334.27

Net inc/dec in cash and equivlnt 1,787.83 4,018.92 4,825.73 4,200.44 1,987.39

Cash and equivalnt begin of year 22,299.29 18,280.37 13,454.64 9,254.20 7,266.81

Cash and equivalnt end of year 24,087.12 22,299.29 18,280.37 13,454.64 9,254.20

CONCLUSIONWe come to know from this project that BANK

OF BARODA HAS COMPLETED 100 YEARS SUCCESSIVELY. Importance of the documentation of the bank. Facilities of bank and what are the services this bank provide from other bank. This

pg. 39

bank have the overseas branches outside India and has near about 3000 branches throught out the world. This banks require less documents and minimize the works to there employees and customer. They provides free hospitals services and insurance policies.

BANK OF BARODA is the largest bank in INDIA.

Its Moto is banking with passion.

pg. 40

REFERANCEINFORMATION:- BOOK’S AND INTERNET.

DOCUMENTS :-BANK OF BARODA

pg. 41