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Rupee Savings Account

account by Bank of Baroda can be opened from abroad or a domestic account can be converted on taking up business/employment abroad. Know more and avail savings bank account now!

NRE / NRO / FCNR typeNRO accountInterest rateBOB savings-bank rate schedule effective 22 August 2025: 2.50% p.a. up to balances below ₹50 crore; 2.75% p.a. from ₹50 crore to below ₹500 crore; 3.50% p.a. from ₹500 crore to below ₹1,000 crore; 4.50% p.a. from ₹1,000 crore to below ₹2,000 crore; and 4.75% p.a. at ₹2,000 crore and above. The NRE/NRO product pages direct customers to the applicable savings/deposit-rate schedule rather than publishing a separate product rate.Minimum balance₹1,000 equivalent minimum balance for an NRE or NRO savings account.
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Quick eligibility check

Rupee Savings Account

0 of 3 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: Available to NRIs?

Published source: Residency eligibility

2Are you this type of customer: an existing resident domestic account is converted to NRO when the holder moves abroad for employment, business or emigration?

Published source: Residency eligibility

3Do you meet this requirement: Overseas corporate bodies cannot hold the account under the cited RBI directive?

Published source: Residency eligibility
0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

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

Permitted opening fundsInward remittance from abroad or legitimate rupee dues in IndiaView source
The official page defines account funding sources.
Source
Rupee Savings Account
Page / section
Account overview
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Principal repatriabilityEntire principal non-repatriableView source
The official page states principal funds are non-repatriable.
Source
Rupee Savings Account
Page / section
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Interest repatriabilityRepatriable after deduction of tax at sourceView source
The official page states interest is repatriable after .
Source
Rupee Savings Account
Page / section
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Interest payment frequencyHalf-yearly, June and DecemberView source
The official page states half-yearly interest payment.
Source
Rupee Savings Account
Page / section
— Interest
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Withholding tax30.90% plus applicable surcharge/cess where DTAA relief is unavailableView source
The official page publishes the withholding rate and condition.
Source
Rupee Savings Account
Page / section
— Tax
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
NRO Rupee account repatriabilityPrincipal funds are entirely non-repatriable; interest may be repatriated after deduction of tax at source. The account supports remittance and cheque-book facilities and permits nomination.View source
The official overview and section state the principal restriction and interest repatriation after tax.
Source
Rupee Savings Account
Page / section
Overview /
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
NRO Rupee joint holdingClose relatives may be joint account holders. A resident’s existing domestic account is converted to NRO on taking up employment, business or emigration abroad; overseas corporate bodies cannot hold non-resident accounts under the cited RBI directive.View source
The official page describes joint holding, resident-account conversion and the OCB restriction.
Source
Rupee Savings Account
Page / section
Overview /
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Minimum balance₹1,000 equivalent minimum balance for an NRE or NRO savings account.View source
The official account-opening guidance states: minimum balance for / account is equivalent to ₹1,000.
Source
Open Account — official Bank of Baroda account-opening guidance
Page / section
Account Opening — Minimum balance for / account
Accessed
8 Sept 2026
Confidence
high
Open official source ↗
Interest rateBOB savings-bank rate schedule effective 22 August 2025: 2.50% p.a. up to balances below ₹50 crore; 2.75% p.a. from ₹50 crore to below ₹500 crore; 3.50% p.a. from ₹500 crore to below ₹1,000 crore; 4.50% p.a. from ₹1,000 crore to below ₹2,000 crore; and 4.75% p.a. at ₹2,000 crore and above. The NRE/NRO product pages direct customers to the applicable savings/deposit-rate schedule rather than publishing a separate product rate.Effective 22 Aug 2025View source
The savings-rate page lists 2.50% for balances up to below ₹50 crore, 2.75% for ₹50–500 crore, 3.50% for ₹500–1,000 crore, 4.50% for ₹1,000–2,000 crore and 4.75% for ₹2,000 crore and above. The reviewed / product pages state that the applicable rate is the current savings/deposit rate.
Source
Bank of Baroda Savings Bank Deposits — current interest-rate schedule
Page / section
Deposits — slab-wise revised rate of interest; / product-page rate treatment
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Residency eligibilityAvailable to NRIs; an existing resident domestic account is converted to NRO when the holder moves abroad for employment, business or emigration. Overseas corporate bodies cannot hold the account under the cited RBI directive.View source
The official page identifies use, resident-account conversion and the OCB exclusion.
Source
Rupee Savings Account
Page / section
Overview /
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
NRE / NRO / FCNR typeNRO accountView source
The manually reviewed product record states: “undefined”.
Source
Rupee Savings Account — official product page
Page / section
Published comparison aliases
Accessed
15 Aug 2026
Confidence
high
Open official source ↗
CurrencyIndian rupees (INR)View source
The manually reviewed product record states: “undefined”.
Source
Rupee Savings Account — official product page
Page / section
Published comparison aliases
Accessed
15 Aug 2026
Confidence
high
Open official source ↗
RepatriationEntire principal non-repatriableView source
The manually reviewed product record states: “Entire principal non-repatriable”.
Source
Rupee Savings Account
Page / section
Published comparison aliases
Accessed
21 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Available to
  • an existing resident domestic account is converted to when the holder moves abroad for employment, business or emigration. Overseas corporate bodies cannot hold the account under the cited directive.

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

Related official documents

Bank of Baroda NRI account product pages and deposit termsofficial-product-pages · current · accessed 29 Aug 2026
↗
BOB NRE/NRO savings products and linked savings-bank rate scheduleofficial-product-pages-and-rate-table · current · accessed 6 Sept 2026
↗
Open NRI Account — official Bank of Baroda account-opening guidanceofficial-product-guidance · current · accessed 8 Sept 2026
↗

Plan before applying

Try the numbers

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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹2,500two thousand five hundred rupees
Balance including interest₹1,02,500one lakh two thousand five hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Up to below ₹50,00,00,000 · Rate (% p.a.)2.50%

This value is copied from savings-bank rates linked by / savings products. Check the table notes before relying on it.

Source: Bank of Baroda Savings Bank Deposits — current interest-rate schedule · Deposits — slab-wise revised rate of interest Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 5 rows · 2 columnsBOB savings-bank rates linked by NRE/NRO savings productsPublished balance-slab rates from the current BOB savings-bank deposit schedule.View tableHide table

Scroll sideways to view every column

BOB savings-bank rates linked by NRE/NRO savings products
Outstanding balanceRate (% p.a.)
Up to below ₹50,00,00,0002.50%
₹50,00,00,000 to below ₹500,00,00,0002.75%
₹500,00,00,000 to below ₹1,000,00,00,0003.50%
₹1,000,00,00,000 to below ₹2,000,00,00,0004.50%
₹2,000,00,00,000 and above4.75%
  • The / product pages do not publish separate account-specific rates; they direct customers to the applicable savings/deposit schedule.
  • Recheck the live rate page before applying because rates can change.
Bank of Baroda Savings Bank Deposits — current interest-rate schedule · Deposits — slab-wise revised rate of interest · effective 22 Aug 2025 · accessed 6 Sept 2026Open official source ↗

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