Get in touch with Bank of Baroda DubaiUAE Phone 971 4 3136666 Contact for Commercial Bank,

Bank of Baroda, a premier Indian bank with a rich legacy dating back to 1908, has established a significant presence in Dubai, United Arab Emirates (UAE). Catering to a diverse clientele, including the Indian diaspora and local residents, the bank offers a comprehensive range of banking services tailored to meet the unique needs of its customers.

Bank of Baroda's Presence in Dubai

Bank of Baroda operates multiple branches and service units across Dubai, ensuring accessibility and convenience for its customers. Below are the details of its key branches and service units in the city:

1. Bur Dubai Branch

   • Address: Al Souk Al Kabeer Street, Near Dubai Museum, Bur Dubai, P.O. Box 3162, Dubai, UAE
   • Phone: +971-4-3939390
   • Services: Offers a full suite of personal and business banking services, including account opening, loans, and remittance services.

2. Deira Branch

   • Address: Al Sabkha Road, Near Sabkha Bus Station, Deira, P.O. Box 812, Dubai, UAE
   • Phone: +971-4-2267222
   • Services: Provides comprehensive banking solutions, including trade finance, corporate banking, and retail banking services.

3. Dubai International Financial Centre (DIFC) Branch

   • Address: Unit No. 101, Level 1, Gate Village Building No. 10, DIFC, P.O. Box 506504, Dubai, UAE
   • Phone: +971-4-3232220
   • Services: Specializes in corporate banking, syndicated loans, and trade finance services.

4. Electronic Banking Service Units (EBSUs)

   • Locations:
     • Burdubai EBSU: Al Souk Al Kabeer Street, Near Dubai Museum, Bur Dubai, Dubai, UAE
     • Sheikh Zayed Road EBSU: Sheikh Zayed Road, Near Business Bay Metro Station, Dubai, UAE
     • DMCC EBSU: Al Mas Tower, Jumeirah Lakes Towers, Dubai, UAE
     • Al Qusais EBSU: Damascus Street, Near Al Qusais Metro Station, Al Qusais, Dubai, UAE
   • Services: These units offer self-service banking facilities, including cash deposit and withdrawal, account inquiries, and other essential banking services.

Comprehensive Banking Services

Bank of Baroda in Dubai offers a wide array of banking services designed to cater to both individual and business customers. Below is an overview of the key services provided:

Personal Banking Services

1. Savings Accounts

   • Regular Savings Account: Designed for individuals seeking to save regularly, offering attractive interest rates and easy access to funds.
   • NRE Savings Account: Tailored for Non-Resident Indians (NRIs), allowing them to park their foreign earnings in India with tax-free interest.
   • Zero Balance WPS Account: Aimed at employees, this account complies with the UAE's Wage Protection System (WPS), ensuring timely salary credits without the requirement of maintaining a minimum balance.

2. Current Accounts

   • Individual Current Account: Ideal for professionals and businessmen requiring frequent transactions, offering features like cheque book facility and overdraft options.
   • Baroda Happiness Twin Account: A unique offering combining the benefits of both current and savings accounts, providing flexibility and convenience.

3. Term and Recurring Deposits

   • Fixed Deposits: Customers can invest their funds for fixed tenures ranging from 7 days to 5 years, earning higher interest rates with the safety of capital.
   • Recurring Deposits: Allows individuals to build a corpus by investing fixed monthly installments over a predetermined period, earning attractive interest rates.

4. Loan Products

   • Home Loans: Facilitates the purchase of ready-to-occupy residential properties, with flexible repayment options and competitive interest rates.
   • Car Loans: Offers financing for new and used vehicles with flexible repayment tenures and attractive interest rates.
   • Personal Loans: Provides funds for personal needs, including education, travel, or medical expenses, with higher loan limits and flexible repayment periods.
   • Advance Against Property: Allows individuals to unlock the value of their property by availing loans against residential or commercial properties.

Business Banking Services

1. Business Accounts

   • Current Account (Non-Individual): Designed for businesses, offering features like multiple user access, overdraft facilities, and easy fund management.
   • BOB Gold Current Account: Provides businesses with premium banking services, including free remittances, dedicated relationship managers, and preferential pricing.
   • Platinum Current Account: A premium offering for businesses requiring higher transaction limits and exclusive banking services.

2. Loans and Advances

   • Working Capital Finance: Supports businesses in managing their day-to-day operations by providing funds to cover short-term expenses.
   • Equipment/Heavy Vehicle Finance: Assists businesses in acquiring machinery, equipment, or heavy vehicles essential for their operations.
   • Project Finance: Offers funding solutions for new projects, expansions, or diversification plans, ensuring businesses have the necessary capital for growth.
   • Overdraft Against Property: Provides businesses with an overdraft facility against the mortgage of property, offering flexibility in fund utilization.

3. Trade Finance Services

   • Letters of Credit: Facilitates international trade by assuring payment to suppliers, thereby mitigating risks associated with cross-border transactions.
   • Bank Guarantees: Assures beneficiaries of payment in case of default by the applicant, enhancing trust