Savings, current & salary accounts

bob Escrow Current Account Scheme

A non-interest-bearing escrow current account operated under a tripartite or multiparty agreement, with no and tightly restricted withdrawals and banking channels.

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Quick eligibility check

bob Escrow Current Account Scheme

0 of 4 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Eligibility and permitted transactions are controlled by the escrow agreement?

2Do you meet this requirement: Individuals are limited to specified foreign-remittance-related use cases under the published terms?

3Document checkDo you have this required document or proof: Account-opening and KYC documents?

4Document checkDo you have this required document or proof: Executed escrow agreement and applicable approvals?

0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 13 Aug 2026 · active
bob Escrow Current Account Scheme official artwork
Offered byBank of Baroda

Bank of Baroda branches in India, subject to agreement and approval

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Quarterly average balance₹0View source
The page publishes nil ; cheque book, sweep, cash withdrawal and mobile banking are not available.
Source
bob Escrow Current Account Scheme
Page / section
Features and Fees
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Ordinary escrow annual service charge0.10% of turnover or ₹20,000, whichever is lower, plus GSTView source
Special-purpose variants may follow separately agreed pricing.
Source
bob Escrow Current Account Scheme
Page / section
Fees & Charges
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
bob Escrow account controlsQuarterly average balance is nil. Cheque book, sweep, mobile banking and cash withdrawals are not allowed; internet banking is view-only. No fund-based or non-fund-based facility is allowed against the escrow balance.View source
The official Features and sections publish the account controls and prohibited facilities.
Source
bob Escrow Current Account Scheme
Page / section
Features /
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
bob Escrow account eligibilityEligible customers are corporates, developers, PSUs, PPPs, local bodies, non-resident corporates and individuals only for Future Rent Receivable facilities. Eligible purposes include project finance/loan repayment, sale-purchase transactions, buybacks, mergers, revenue/profit sharing, Demat escrow, payment gateways and future rent receivables.View source
The official Eligibility and sections publish customer and purpose scope.
Source
bob Escrow Current Account Scheme
Page / section
Eligibility /
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
bob Escrow service chargeFor ordinary escrow accounts such as PPPs, e-payment gateways, tenders and government/local bodies, annual service charge is 0.10% of account turnover or ₹20,000, whichever is lower, excluding GST. Developer and FRR escrow charges follow the sanctioned terms or latest schedule.View source
The official Fees & Charges section publishes the ordinary escrow rate and cap.
Source
bob Escrow Current Account Scheme
Page / section
Fees & Charges
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Salary requirementNot applicable — the reviewed product is not a salary-account variant and its official eligibility/features do not require salary credit or a minimum salary.View source
The reviewed account catalogue and linked product pages classify these variants as current, savings, inclusion, pensioner or locker products and do not state a salary-credit requirement.
Source
Bank of Baroda account catalogue — non-salary variants
Page / section
Account categories and linked product eligibility
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Debit cardNo debit-card facility is offered for the escrow account; the product is view-only for internet banking and does not allow mobile banking.View source
The feature table permits internet banking only in view mode and states mobile banking is not allowed; it does not offer a debit card.
Source
bob Escrow Current Account Scheme
Page / section
Features — Internet Banking / Mobile Banking
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
ATM / cash withdrawal limitsCash withdrawal is not allowed from the Escrow Current Account; no ATM withdrawal facility is therefore available for the escrow balance.View source
The page explicitly says Cash Withdrawal — Not Allowed.
Source
bob Escrow Current Account Scheme
Page / section
Features / — Cash Withdrawal
Accessed
7 Sept 2026
Confidence
high
Open official source ↗
Cheque bookCheque books are not allowed for the Escrow Current Account.View source
The page explicitly says Cheque Book — Not Allowed.
Source
bob Escrow Current Account Scheme
Page / section
Features / — Cheque Book
Accessed
7 Sept 2026
Confidence
high
Open official source ↗
Non-maintenance chargeNo minimum-balance charge applies because the Escrow Current Account has NIL QAB. A separate ordinary escrow service charge is the lower of 0.10% of account turnover or ₹20,000 per year, excluding GST.View source
The product page states NIL and an ordinary escrow annual service charge of 0.10% of turnover or ₹20,000, whichever is lower, excluding .
Source
bob Escrow Current Account Scheme
Page / section
Benefits / Fees & Charges — NIL ; Annual service charges
Accessed
7 Sept 2026
Confidence
high
Open official source ↗
Account typeCurrent accountView source
The manually reviewed product name/benefits state: “Current account”.
Source
bob Escrow Current Account Scheme — official product page
Page / section
Published account type and access benefits
Accessed
13 Aug 2026
Confidence
high
Open official source ↗
Interest rateA non-interest-bearing escrow current account operated under a tripartite or multiparty agreement, with no QAB and tightly restricted withdrawals and banking channels.View source
The manually reviewed product name/benefits state: “A non-interest-bearing escrow current account operated under a tripartite or multiparty agreement, with no and tightly restricted withdrawals and banking channels.”.
Source
bob Escrow Current Account Scheme — official product page
Page / section
Published account type and access benefits
Accessed
13 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Nil
  • Agreement-defined operation and tenure
  • View-only internet banking

Eligibility

  • Eligibility and permitted transactions are controlled by the escrow agreement.
  • Individuals are limited to specified foreign-remittance-related use cases under the published terms.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Account-opening and documents
  • Executed escrow agreement and applicable approvals

Related official documents

Bank of Baroda account pages and account service-charge scheduleofficial-product-pages-and-schedule · current · accessed 29 Aug 2026
↗
bob Escrow Current Account Scheme — current product pageofficial-product-page · current · accessed 7 Sept 2026
↗
bob Escrow Current Account Scheme — current official product pageofficial-product-page · current · accessed 6 Sept 2026
↗
Bank of Baroda non-salary current, savings and scheme accountsofficial-product-pages · current · accessed 29 Aug 2026
↗

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Account interest estimate

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Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

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