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: 1.00% p.a.*
  • Total Effective Rate: 1.25% p.a.*
  • Account opened in NZ dollars only.
  • The above interest is current with effect from 1 July 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.