Bank of Baroda
About Bank of Baroda
Bank of Baroda (BoB) is one of the leading public sector banks in India. Established in 1908, it is the third-largest bank in India by assets. Known as "India's International Bank," BoB has a significant global presence with branches and offices in over 20 countries. The bank offers a wide range of banking products and financial services to its customers across the globe. With its headquarters in Vadodara, Gujarat, Bank of Baroda has played a crucial role in India's economic development.
History of Bank of Baroda
Bank of Baroda was founded on 20 July 1908 by Sayajirao Gaekwad III, the Maharaja of Baroda State in present-day Gujarat. The bank was established with the vision of promoting banking facilities in the princely state of Baroda. Initially, it operated as a small bank serving the local population of Baroda State.
In 1910, the bank opened its first branch in Mumbai, marking the beginning of its expansion beyond Baroda. Over the decades, Bank of Baroda grew significantly through strategic mergers and acquisitions. Notable among these was the merger with Vijaya Bank and Dena Bank in 2019, which created one of the largest public sector banks in India.
The bank has been instrumental in financing various sectors of the economy, including agriculture, industry, and trade. It has consistently adapted to changing banking technologies and customer needs, positioning itself as a modern, customer-friendly bank.
Bank of Baroda Services
Bank of Baroda offers a comprehensive suite of banking and financial services, including:
- Retail Banking - Savings accounts, current accounts, fixed deposits, recurring deposits
- Corporate Banking - Working capital finance, project finance, trade finance
- Loans and Advances - Home loans, personal loans, auto loans, education loans, business loans
- NRI Banking Services - NRO accounts, NRE accounts, FCNR accounts
- Debit and Credit Cards - Wide variety of cards with different benefits
- Digital Banking - Internet banking, mobile banking, BOB World app
- Investment Services - Mutual funds, insurance products, demat services
- Remittance Services - Domestic and international money transfers
Unique Facts about Bank of Baroda
- Bank of Baroda is one of the oldest banks in India, established in 1908.
- It has the largest international network among Indian public sector banks.
- The bank operates in over 20 countries with more than 100 overseas offices.
- It was the first Indian bank to set up an international representative office in London.
- After the merger with Vijaya Bank and Dena Bank, it became one of the top 5 banks in India.
You can find contact details and all the codes of all the Bank of Baroda branches in India here.