Baroda Golden Savings Account


Key Features:

This account will reward customers with Premium interest each month when they:

  • Make no withdrawals;
  • Deposit $20 or more (excluding credit interest) by the last business day of the month; and
  • Maintain minimum balance of NZD 1000/- during the month.

If any of the above three criteria is not fulfilled customer will be given standard applicable rate.

  • Standard rate: 0.25% p.a.;*
  • Premium rate: 0.50% p.a.*
  • Total Effective Rate: 0.75% p.a.*
  • Account opened in NZ dollars only.
  • The above interest is current with effect from 24 December 2020 and is subject to change. Customers will have the flexibility to deposit any amount in this account. Interest is paid on the last business day of each month.
  • Unlimited number of remittance without any fees to any personal account of any bank in India.
  • Internet banking and Mobile App available
  • If the customer withdraws any amount from this savings account and/or not deposited minimum $ 20.00 then they will earn Standard interest i.e. 0.25% p.a. only for that particular month. No interest is payable if the balance in the account goes below NZD 1000 during the month. Interest for non-business days is calculated based on the balance as at the previous business day. Interest are subject to tax as applicable.

Fees and Charges

  • Our fees and charges are subject to change from time to time.  For all charges please see our service charges.
  • *Effective from 1 April 2020 and subject to change.