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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 QAB and tightly restricted withdrawals and banking channels.

Quarterly average balance₹0Ordinary escrow annual service charge0.10% of turnover or ₹20,000, whichever is lower, plus GST
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✓ 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 below belongs to this exact product. Select a source marker to check its context.

Quarterly average balance₹0
Source 1
Ordinary escrow annual service charge0.10% of turnover or ₹20,000, whichever is lower, plus GST
Source 2

Benefits and features

  • Nil QAB
  • 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 KYC documents
  • Executed escrow agreement and applicable approvals

Field-level evidence

Where each fact came from

Short context only; open the official page or document for the complete terms.

1

Quarterly average balance

high confidence
The page publishes nil QAB; 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
Open official source ↗
2

Ordinary escrow annual service charge

high confidence
Special-purpose variants may follow separately agreed pricing.
Source
bob Escrow Current Account Scheme
Page / section
Fees & Charges
Accessed
13 Aug 2026
Open official source ↗

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