Micro Deposits > Baroda Small Saving Scheme

Baroda Small Saving Account

Baroda Small Saving Account is a saving account ideal for low and middle income wage earners, workers in non organised sectors, housewife, students and salaried persons. This is one of the basic and flexible deposit options for resident individuals with Passbook Facility suitable for Micro Finance customers.

Key Features:
  • No Limit on number of Deposits
  • Minimum Balance - $10
  • Free ATM Card
  • Free e-Statement
  • No minimum and maximum period
  • No Cheque Book
  • Free Internet Banking facility
  • Free Six ATM transactions in a month
  • Free unlimited Paper withdrawals if no ATM card is issued.
  • If ATM card is issued:
    • All transactions above $800 free.
    • For transactions less than $800, two transactions per month free.

Who is Eligible to Open Account

Resident Individual ( Singly or Jointly) including minors
 
How to open account  
The account can be opened in any of the branches of Bank of Baroda in Fiji by submitting following documents:
1. Duly Filled Account Opening Form.
2. Know your customer information / documents in support of the following to the satisfaction of the bank.
a. Name b. Address c. Date of Birth d. Occupation
e. Specimen Signature f. Citizenship g. TIN h. Source of Funds

3. One Passport size photograph.
4. Minimum Deposit $10 in the Branch where account to be opened.

Interest        
1. Interest is calculated and applied on a monthly basis on the minimum balance during the month.
2. Interest is credited in the account at the end of every month.
3. Resident Individual Withholding Tax (RIWT) will be applicable as   per FRCA guideline.
4. For interest rate, please click here.

Additional Information
  • The account will be classified to Dormant if there is no customer induced transactions in the account for 12 months. Once the account is classified as dormant the customer induced transactions in the account are allowed on submission of written request by the customer to the branch where account is maintained along with personal ID, address proof and other documents required to fulfil KYC guidelines.
  • Customer may close account after making written request to the Branch where account is maintained.
  • For Clarification or any other information please contact any of our branches in Fiji.
  • Terms and Conditions apply
Fees and Charges
                    Minimum Balance Fees -  Micro Deposit            
                    $2.00 per Month
If balance is less than minimum required balance at close of any day		            
                               
                               
                    Standing Instruction -  External              
                    $10.00 per transaction            
                               
                               
                    Issue of Balance Certificate            
                    $15.00 per Certificate            
                               
                               
                    Issue of Detailed Certificate            
                    $50.00 per Certificate            
                               
                               
                    Search Fees            
                    $30.00 per search            
                               
                               
Duplicate Passbook - Zero Bal
$5.00 per book
                    Duplicate Statement Fees            
                    $2.00 per page Computer Printout
$7.50 per page statement		            
                               
                               
                    Issuance of Deposit Book (Counterfoil)            
                     $5.00 per Book of 100 deposit slips            
                               
                               
                    Issuance of Deposit Book (Duplicate)            
                     $7.50 per Book of 100 deposit slips            
                               
                               
                    Issuance of Deposit Book (Triplicate)            
                    $10.00 per Book of 100 deposit slips            
                               
                               

                    Collection of Cheques fees            
                    $0.40 per instrument            
                               
                               
                    Special Answer Fee            
                    $25.00 per instrument            
                               
                               
                    ATM Transaction fees            
                    Six transactions in a month free. Above six transactions in a month, transaction fee of $0.40 per transaction            
                               
                               
                    Paper withdrawal fees (where ATM card is issued)            
                   
  • Two transactions per month free.
  • $3 for each paper withdrawal upto $800 after two free   transactions per month
  • No fee for paper withdrawals of  above $800
  • No Paper withdrawal fees, If ATM card is not issued.
            
                               
                               
                    Reissue of ATM card in lieu of Lost ATM Card            
                    $10.00 per card            
                               
                               
                    Regeneration of PIN of ATM Card            
                    $5.00 per request of pin regeneration            
                               
                               
                    ATM Interchange Fees
(for transactions on other Banks' ATM)		            
                    a. Balance Inquiry $0.20 per inquiry            
                    b. Cash Withdrawal $0.50 per withdrawal            
                               
                               

                    EFTPOS Transaction Fees            
                    a. EFTPOS Transaction Fees Free            
                               
                               

© 2013 Bank of Baroda, Fiji Territory, GPO. Box.57, Suva, Fiji Islands.