• Opening Hours

    • Monday       : 9:15 to 15:15
    • Tuesday      : 9:15 to 15:15
    • Wednesday : 9:15 to 15:15
    • Thursday     : 9:15 to 15:15
    • Friday          : 9:15 to 16:15
    • Saturday      :CLOSED
    • Sunday        :CLOSED
  • Contact Details

    Our Address :

    Bank of Baroda
    P.B. No. 553
    No.32, Sir William Newton Street,
    Port Louis
    Mauritius
    Telephone :
    (230) 208 1504/05
    (230) 208 3891/93
    email: portlo@bankofbaroda.com

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  • /FEES AND SERVICE CHARGES APPLICABLE

FEES AND SERVICE CHARGES APPLICABLE

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BANK OF BARODA

FEES AND SERVICE CHARGES APPLICABLE

AS FROM 25 AUGUST 2016

 

INDIVIDUALS CORPORATE OTHERS
A INTEREST RATES
1 Deposits
1.1 Savings Dep 2.50% 0.00% NA
1,2 Call Dep NA NA NA
1.3 Term Dep (MUR) 2.65%-3.50% 2.65%-3.50% NA
1.4 Term Dep (FCY) NA NA NA
2 Credit Facilities(MUR)
2.1 Prime Lending Rate 6.90% 6.90% NA
2.2 Credit Card NA NA NA
2.3 Other credit facilities-Margin over PLR PLR-3% ABOVE PLR PLR -3% ABOVE PLR NA
3 Credit Facilities(FCY)
3.1 Margin over LIBOR NA NA NA
B DEPOSITS
4 Savings Account
4.1 Minimum account opening balance NIL NIL NA
4.2 Minimum credit balance to earn interest Rs5,000.00 Rs10,000 NA
Monthly service charges if credit balance falls below minimum balance NIL NIL NA
4.3 Cost of cheque book Rs4.00 per leaf Rs5.00 per leaf NA
4.4 Dormant/Inoperative charges NIL 300 per half year NA
5 Current Account
5.1 Minimum account opening balance Rs5,000.00 Rs5,000.00 NA
5.2 Cost of cheque book RS4.00 per leaf Rs5.00 per leaf NA
5.3 Monthly service charges Min Rs100.00 Max Rs1000.00 per half year NA
5.4 Min Balance Charge Rs500.00 Rs500.00 NA
6 Call Deposit Account
6.1 Minimum balance NA NA NA
6.2 Minimum credit balance to earn interest NA NA NA
6.3 Monthly service charges NA NA NA
6.4 Dormant/Inoperative charges Rs300.00 Rs500.00
7 Term deposits (MUR)
7.1 Minimum amount Rs25,000.00 Rs100,000.00 NA
7.2 Deposit withdrawn before maturity within 3 months Interest will be paid 1% below card rate for completed period Will be forfeited NA
7.3 Deposit withdrawn before maturity after 3 months Interest will be paid 1% below card rate for completed period Interest will be paid 1% below card rate for completed period NA
8 Term deposits (FCY)
8.1 Minimum amount NA NA NA
8.2 Deposit withdrawn before maturity NA NA NA
9 Foreign Currency Account
Minimum balance
9.1 Euro NA NA NA
9.2 Pound Sterling NA NA NA
9.3 US Dollar NA NA NA
9.4 Minimum credit balance to earn interest NA NA NA
9.5 Monthly service charges NA NA NA
C CREDIT FACILITIES
10 Credit Cards
10.1 Annual fee NA NA NA
10.2 Replacement of lost/stolen cards NA NA NA
10.3 Cash advance fee NA NA NA
10.4 Overlimit fee NA NA NA
11 Loans and advances
Processing fee
11.1 Against Deposits 0.25%, Min Rs.500.00 Max Rs2,000.00 NA
11.11 Home Loans 1.00%, Min Rs.1,000.00 Max Rs25,000.00 NA
11.2 Others 1.00%, Min Rs.2,500.00 Max Rs35,000.00 1.00%, Min Rs.5,000.00 Max Rs50,000.00 1.00%, Min Rs.5,000.00 Max Rs50,000.00
11.21 Renewal 50% of Regular Processing fee Min Rs.1,250.00 Max Rs17,500.00 50% of Regular Processing fee Min Rs.2,500.00 Max Rs30,000.00 50% of Regular Processing fee Min Rs.2,500.00 Max Rs30,000.00
11.22 Amendment fee Rs500.00 per modification borrower induced Rs500.00 per modification borrower induced
11.3 Arrangement fee NIL NIL NA
11.4 Ledger fee Rs2.00 per tran + VAT on OD/CA accts NA
11.5 Commitment fee NIL NIL NA
11.6 Early redemption / prepayment fee NIL NIL NA
11.7 Valuation Survey & Report fee Actual fee charged by Valuer subject to borrower protection act NA
Legal charges for creation of security documents
11.8 Documentation charges NIL NA
11.9 Gages sans deplacement Min Rs.200.00 Max Rs1,000.00+ regn chg NA
11.91 Registration/Erasure of charges Min Rs.200.00 +actual chg NA
12 Guarantees
12.1 Performance bonds 0.125% p.a. Minimum Rs.500.00 NA
12.2 Tender / bid bonds 0.125% p.a. Minimum Rs.500.00 NA
12.3 Advance payment bonds 0.125% p.a. Minimum Rs.500.00 NA
12.4 Retention money bonds / guarantees 0.125% p.a. Minimum Rs.500.00 NA
12.5 Shipping guarantee 0.125% p.a. Minimum Rs.500.00 NA
D GENERAL SERVICES
13 Treasury Bills
13.1 Account opening fee NA NA NA
13.2 Transaction fee NA NA NA
14 Debit cards
14.1 Annual fee NA NA NA
14.2 Replacement of lost/stolen cards Rs100.00 NA NA
14.3 Withdrawals
Bank’s ATMs NIL NIL NIL
Other Banks ATMs Rs50.00 NA NA
Overseas Rs100.00 NA NA
15 Others
15.1 Telegraphic transfer / SWIFT Transfer Rs300.00 Rs300.00 NA
15.2 MACSS facility Rs150.00 Rs200.00 NA
15.3 Audit confirmation certificate Rs500.00 Rs500.00 NA
15.4 Testimonial / Banker’s reference fee Rs100.00 Rs100.00 NA
15.5 Letter of reference Rs100.00 Rs100.00 NA
15.6 Payroll fee NA NA NA
15.7 Internet banking fee NIL NIL NA
15.8 Duplicate statement of account Rs.15.- per sheet, Minimum Rs.25.00 NA
15.9 Standing Instructions
Internal transfer Rs15.00 Rs15.00 NA
Transfer to other banks Rs30.00 Rs30.00 NA
Direct Debits Rs4.00 Rs4.00 NA
Unpaid SI due to insufficient funds Rs100.00 Rs100.00 NA
16 Purchase of foreign cheques / bank drafts
16.1 DD INR (Customer) Rs100.00 Rs100.00 NA
16.2 DD INR (Non Customer) Rs100.00 Rs150.00 NA
16.3 DD Other Currencies Rs200.00 Rs200.00 NA
16.4 Office cheque issuance Rs100.00 Rs100.00 NA
16.5 Cheque book facility Rs2.00 per leaf Rs2.00 per leaf NA
17 Cheque returned
17.1 Inward FINANCIAL Rs50 Rs50 NA
Inward NON FINANCIAL Rs25 Rs25
17.2 Outward FINANCIAL Rs200 Rs300
Outward NON FINANCIAL Rs50 Rs50 NA
17.3 Stop payment orders Rs50.00 per cheque Max Rs200.00 NA
18 Safe Deposit Lockers
18.1 Type A Rs800.00+vat Rs800.00+vat NA
18.2 Type B Rs1000.00+vat Rs1000.00+vat NA
18.3 Type C Rs1200.00+vat Rs1200.00+vat NA
18.4 Type D Rs1800.00+vat Rs1800.00+vat NA
18.5 Type E Rs2000.00+vat Rs2000.00+vat NA
18.6 Type F Rs2200.00+vat Rs2200.00+vat NA
18.7 Type H Rs2800.00+vat Rs2800.00+vat NA
18.8 Type L Rs3300.00+vat Rs3300.00+vat NA
18.9 Night safe NA NA NA