A

PRO1ECT REPORT
ON
BANK OF BARODA
(SUBMITTED IN THE PARTIAL FULFILLMENT FOR THE DEGREE
OF
BACHELOR OF BUSINESS ADMINISTRATION
(SESSION 2013-14)
SUBMITTED TO: SUBMITED BY:
Mrs. MANISHA DUDEJA ALKA
S.D. COLLEGE B.B.A. III YEAR
PANIPAT ROLL NO.
S.D. (P.G.) COLLEGE
AFFILIATED BY KURUKSHETRA UNIVERSISTY, KURUKSHETRA
DECLARATION
I ALKA student of B.B.A. III year in S.D. o!!e"e, #ani$at %ere&y de'!are t%at t%e $ro(e't re$ort
entit!ed )BANK OF BARODA * su&+itted for t%e de"ree of B.B.A. III year is +y ori"ina! ,or-
and t%e $ro(e't re$ort %as not for+ed t%e &asis for t%e a,ard of any di$!o+a, de"ree, asso'iate s%i$,
fe!!o,s%i$ or si+i!ar ot%er tit!es. It %as not &een su&+itted to any ot%er uni.ersity or institution for t%e
a,ard of any de"ree or di$!o+a.
Mrs. MANISHA DUDE1A ALKA

ACKNOWLEDGEMENT
Sur.ey is an e/'e!!ent too! for !earnin" and e/$!oration. No '!assroo+ routine 'an su&stitute
,%i'% is $ossi&!e ,%i!e ,or-in" in rea! situations. A$$!i'ation of t%eoreti'a! -no,!ed"e to
$ra'ti'a! situations is t%e &onan0as of t%is sur.ey.
1it%out a $ro$er 'o+&ination of ins$e'tion and $ers$iration, it2s not easy to a'%ie.e anyt%in".
T%ere is a!,ays a sense of "ratitude, ,%i'% ,e e/$ress to ot%ers for t%e %e!$ and t%e needy
ser.i'es t%ey render durin" t%e different $%ases of our !i.es. I too ,ou!d !i-e to do it as I rea!!y
,is% to e/$ress +y "ratitude to,ard a!! t%ose ,%o %a.e &een %e!$fu! to +e dire't!y or
indire't!y durin" t%e de.e!o$+ent of t%is $ro(e't.
I ,ou!d !i-e to t%an- +y $rofessor Mrs. MANISHA DUDE1A ,%o ,as a!,ays t%ere to %e!$
and "uide +e ,%en I needed %e!$. Her $er'e$ti.e 'riti'is+ -e$t +e ,or-in" to +a-e t%is
$ro(e't +ore fu!! $roof. I a+ t%an-fu! to %er for %is en'oura"in" and .a!ua&!e su$$ort.
1or-in" under %er ,as an e/tre+e!y -no,!ed"ea&!e and enri'%in" e/$erien'e for +e. I a+
.ery t%an-fu! to %er for a!! t%e .a!ue addition and en%an'e+ent done to +e.
No ,ords 'an ade3uate!y e/$ress +y o.erridin" de&t of "ratitude to +y $arents ,%ose su$$ort
%e!$s +e in a!! t%e ,ay. A&o.e a!! I s%a!! t%an- +y friends ,%o 'onstant!y en'oura"ed and
&!essed +e so as to ena&!e +e to do t%is ,or- su''essfu!!y.
ALKA
S.NO CONTENT PAGE NO
1 ACKNOWLEDGEMENT
2 EXECUTIVE SUMMARY
3 INTRDUCTION
4
BANKING IN INDIA
5
COMPANY PROFILE
6
ORGANISATION HIERARCHY IN BANK OF BARODA

PRODUCT & SERVICES OFFERED BY BANK OF BARODA

! BRIEF STUDY OF INSURANCE
" MARKETING STRATEGY OF THIRD PARTY IN GENERAL
AND NON LIFE IN PARTICULARS
1#
COMPANY PROFILE OF INDIAFIRST LIFE INSURANCE
11 COMPANY PROFILE OF NICL WHICH HAVE TIE UP
WITH BARODA HEALTH
12 ANALYSIS OF QUESTIONNAIRE
13 FINDINGS
14 SUGGESSTION
15 LIMITATION
16 REFERENCES


EXECUTIVE SUMMARY:
T%e 4BA 'ourse offered &y 45TILAL NEHRU NATI5NAL INSTITUTE 5F TEHN5L56Y ,
ALLAHABAD %as its o,n uni3ue sy!!a&us ,%i'% re3uire its students to underta-e any interns%i$
,it% any of t%e !eadin" &usiness %ouses for a $eriod ran"in" fro+ 789 ,ee-s at t%e end of t%e
se'ond
se+ester . t%e $ur$ose of t%is interns%i$ is to ena&!e t%e students to a$$re'iate and understand t%e
nuan'es of $ra'ti'a! ,or!d .is :a8.is t%e t%eoreti'a! in$ut ad+inistered durin" re"u!ar a'ade+i'
session. T%is %e!$ in 'reatin" +ana"ers ,%o are ,e!! e3ui$$ed ,it% t%e e/$erien'e of !in-in" t%e
t%eoreti'a! in$uts ,it% t%ose of $ra'ti'a! en.iron+ent.In $artia! fu!fi!!+ent of 4BA de"ree of
4NNIT
ALLAHABAD. I ,as "i.en a $ro(e't on )*.I ,as "i.en a $ro(e't on Marketing Strategy of
Third Party in General & Non Life in Particular.
%a.e e/$erien'ed t%e %eat of ,or- for +ore t%an si/ ,ee-s and it ,as rea!!y a "reat e/$osure in t%e
'or$orate ,or!d. I %a.e !earned a !ot re"ardin" t%e ,or-in" of &an-s re!ated to +entorin" and
noti'ed
.arious $ro&!e+s ,%i'% t%ey fa'e and are sti!! fa'in" durin" +entorin" $eriod . it ,as rea!!y "reat
,or-in" ,it% t%is $resti"ious or"ani0ation of Ban- of Baroda.

OB1ECTIVE OF THE STUDY:
To study t%e 'usto+er of BANK 5F BAR5DA.
To -no, a&out t%e %o, +any $eo$!e %a.e -no,!ed"e a&out insuran'e
To -no, a&out +ar-etin" strate"y of INDIAFIRST !ife insuran'e
To find out t%e $ro&!e+s ,%i'% t%ey %ad or sti!! fa'in" fro+ insuran'e ser.i'e $ro.ide
&y BANK 5F BAR5DA.
Are t%ey satisfy &y t%e $!an of Indiafirst insuran'e.
To su""est +easures t%at 'an %e!$ Indiafirst insuran'e to 'a$ture t%e +ar-et as soon as
$ossi&!e
To find out are t%ey %a.e a,areness a&out insuran'e $o!i'y $ro.ide &y &an- of &aroda.
RESEARCH METHODOLOGY:
SOURCES OF DATA:
T%e study is based on both primary & secondary data.
Primary data is t%e data t%at is 'o!!e'ted $ersona!!y, and is first %and as ,e!! as uni3ue in nature. For
t%is study , t%e $ri+ary data %as &een 'o!!e'ted ,it% t%e %e!$ of t%e fo!!o,in" t,o +et%ods;
<=> #ersona! inter.ie,
<?> @uestionnaire
Secondary data is se'ond %and data or infor+ation t%at %as a!ready &een 'o!!e'ted &y so+eone e!se for a
different $ur$ose. For t%is study , t%e se'ondary data %as &een 'o!!e'ted t%rou"%;
Boo-s
4a"a0ines
Ne,s$a$ers
ir'u!ars
In8%ouse (ourna!s
Internet
T%e e/$!oratory resear'% +et%od %as &een ado$ted for study. E/$!oratory resear'% is a ty$e of resear'%
'ondu'ted &e'ause a $ro&!e+ %as not &een '!ear!y defined. E/$!oratory resear'% %e!$s deter+ine t%e
&est resear'% desi"n, data 'o!!e'tion +e%od and se!e'tion of su&(e'ts. E/$!oratory resear'% often re!ies
on se'ondary resear'% su'% as re.ie,in" a.ai!a&!e !iterature andAor data, or 3ua!itati.e a$$roa'%es su'%
as infor+a! dis'ussion ,it% e+$!oyees +entors, +ana"e+ent or 'o+$etitors.
RESEARCH INSTRUMENTS;
T%e data 'o!!e'tion instru+ents used for t%is study are $ersona! <unstru'tured> inter.ie,s and
3uestionnaires. T%ere are t,o different sets of 3uestionnaires, desi"ned to "at%er as +u'% re!e.ant data as
$ossi&!e fro+ t%e res$ondents. T%ese 3uestionnaire are;
@uestionnaire.
SAMPLE DESIGN :
Sa+$!e refers to s+a!! $art or su&set of t%e tota! $o$u!ation, &ein" si+i!ar and re$resentati.e of ,%o!e.
T%e sa+$!e desi"n of a sa+$!e sur.ey refers to t%e te'%ni3ues for se!e'tin" a $ro&a&i!ity sa+$!e and
+et%ods to o&tain esti+ates of t%e sur.ey .aria&!es fro+ t%e se!e'ted sa+$!e.
It is an inte"ra! $art of t%e resear'% desi"n.
Target Population:
It in'!udes t%e ne, entrantsAe+$!oyees of t%e &an- of &aroda and so+e ot%er $ri.ate and $u&!i' se'tor
&an-s ,%o ,ere +entored.
Sampling Frame:
T%e sa+$!in" fra+e for t%e resear'% in'!udes ne, e+$!oyees and +entors of so+e of $ri.ate se'toe and
$u&!i' se'tor &an-s.
Type Of Sample
T%e ty$e sa+$!in" '%oosen for t%e $ro(e't are 'on.enien'e sa+$!in" and rando+ sa+$!in".
A rado+ sa+$!in" refers to ta-in" a nu+&er of inde$endent o&ser.ations fro+ t%e sa+e $ro&a&i!ity
distri&ution , ,it%out in.o!.in" any rea! $o$u!ation .
Rando+ sa+$!in" a!! +e+&ers of t%e $o$u!ation %a.e an e3ua '%an'e of &ein" se!e'ted as $art of t%e
sa+$!e.

S.No
Lo'ation No of 'usto+er 'o.ered
=
4.6.4ar" ?B
?
Katra ?B
C
RAS As$%& N'('r ?B
D
Ba%adur"an(
?B
E
Kyd"an(
?B
INTRODUCTION:
Ban-in" in India ori"inated in t%e !ast de'ades of t%e =9t% 'entury. T%e first &an-s ,ere T%e
6enera! Ban- of India ,%i'% started in =F97, and t%e Ban- of Hindustan, &ot% of ,%i'%
are no, defun't. T%e o!dest &an- in e/isten'e in India is t%e State Ban- of India, ,%i'%
ori"inated in t%e Ban- of a!'utta in Gune =9B7, ,%i'% a!+ost i++ediate!y &e'a+e t%e
Bank of Bengal. T%is ,as one of t%e t%ree $residen'y &an-s, t%e ot%er t,o &ein" t%e
Bank of Bombay and t%e Bank of Madras, a!! t%ree of ,%i'% ,ere esta&!is%ed under
'%arters fro+ t%e Britis% East India o+$any. For +any years t%e #residen'y &an-s a'ted
as 3uasi8'entra! &an-s, as did t%eir su''essors. T%e t%ree &an-s +er"ed in =H?= to for+
t%e Imperial Bank of India, ,%i'%, u$on IndiaIs inde$enden'e, &e'a+e t%e State Ban- of
India. Indian +er'%ants in a!'utta esta&!is%ed t%e Union Ban- in =9CH, &ut it fai!ed in
=9D9 as a 'onse3uen'e of t%e e'ono+i' 'risis of =9D98DH. T%e Allahabad Bank,
esta&!is%ed in =97E and sti!! fun'tionin" today, is t%e o!dest Goint Sto'- &an- in India.
<Goint Sto'- Ban-. . T%at %onor &e!on"s to t%e Ban- of U$$er India, ,%i'% ,as
esta&!is%ed in =97C, and ,%i'% sur.i.ed unti! =H=C, ,%en it fai!ed, ,it% so+e of its assets
and !ia&i!ities & Forei"n &an-s too started to arri.e, $arti'u!ar!y in Calcutta, in t%e =97Bs.
T%e Comptoire d'Escompte de Paris o$ened a &ran'% in a!'utta in =97B, and anot%er
in Bombay in =97?J &ran'%es in Madras and Pondichery, t%en a Fren'% 'o!ony,
fo!!o,ed. HSBC esta&!is%ed itse!f in Bengal in =97H. a!'utta ,as t%e +ost a'ti.e
tradin" $ort in India, +ain!y due to t%e trade of t%e British Empire, and so &e'a+e a
&an-in" 'enter.
Bein" transferred to t%e A!!ian'e Ban- of Si+!a. T%e Ban- of Ben"a!, ,%i'% !ater +er"ed ,it%
t%e Ban- of Bo+&ay and t%e Ban- of 4adras to for+ t%e I+$eria! Ban- of India in =H?=.

T%e $eriod &et,een =HB7 and =H== a nu+&er of
&an-s esta&!is%ed t%en %a.e sur.i.ed to t%e $resent su'% as Ban- of India, or$oration Ban-,
Indian Ban-, Ban- of Baroda, anara Ban- and entra! Ban- of India.
T%e $artition of India in =HDF ad.erse!y i+$a'ted t%e e'ono+ies of #un(a& and 1est Ben"a!,
$ara!y0in" &an-in" a'ti.ities for +ont%s. IndiaIs inde$enden'e +ar-ed t%e end of a re"i+e of
t%e Laisse08faire for t%e Indian &an-in". T%e 6o.ern+ent of India initiated +easures to $!ay
an a'ti.e ro!e in t%e e'ono+i' !ife of t%e nation, and t%e Industria! #o!i'y Reso!ution ado$ted
&y t%e "o.ern+ent in =HD9 en.isa"ed a +i/ed e'ono+y. T%is resu!ted into "reater
in.o!.e+ent of t%e state in different se"+ents of t%e e'ono+y in'!udin" &an-in" and finan'e.
T%e +a(or ste$s to re"u!ate &an-in" in'!uded;
In =HDH, t%e In =HD9, t%e Reser.e Ban- of India, IndiaIs 'entra! &an-in" aut%ority, ,as
nationa!i0ed, and it &e'a+e Ban-in" Re"u!ation A't ,as ena'ted ,%i'% e+$o,ered t%e
Reser.e Ban- of India <RBI> Kto re"u!ate, 'ontro!, and ins$e't t%e &an-s in India.K
T%e Ban-in" Re"u!ation A't a!so $ro.ided t%at no ne, &an- or &ran'% of an e/istin" &an-
'ou!d &e o$ened ,it%out a !i'ense fro+ t%e RBI, and no t,o &an-s 'ou!d %a.e 'o++on
dire'tors.
Ho,e.er, des$ite t%ese $ro.isions, 'ontro! and re"u!ations, &an-s in India e/'e$t t%e State
Ban- of India, 'ontinued to &e o,ned and o$erated &y $ri.ate $ersons. T%is '%an"ed ,it% t%e
nationa!i0ation of +a(or &an-s in India on =H Gu!y =H7H.
NATIONALISATION :
The RBI was nationalized on Ganuary =, =HDH in ter+s of t%e Reser.e Ban- of India <Transfer
to #u&!i' 5,ners%i$> A't, =HD9 <RBI,
By t%e =H7Bs t%e Indian &an-in" industry %ad &e'o+e an i+$ortant too! to fa'i!itate t%e
de.e!o$+ent of t%e Indian e'ono+y. At t%e sa+e ti+e, it %ad e+er"ed as a !ar"e e+$!oyer,
and a de&ate %ad ensued a&out t%e $ossi&i!ity to nationa!ise t%e &an-in" industry. Indira
6and%i, t%e8t%en #ri+e 4inister of India e/$ressed t%e intention of t%e 65I in t%e annua!
'onferen'e of t%e A!! India on"ress 4eetin" in a $a$er entit!ed "Stray thoughts on Bank
Nationalisation. T%e $a$er ,as re'ei.ed ,it% $ositi.e ent%usias+. T%ereafter, %er +o.e ,as
s,ift and sudden, and t%e 65I issued an ordinan'e and nationa!ised t%e =D !ar"est 'o++er'ia!
&an-s ,it% effe't fro+ t%e +idni"%t of Gu!y =H, =H7H. Gaya$ra-as% Narayan, a nationa! !eader
of India, des'ri&ed t%e ste$ as a "masterstroke o political sagacity." 1it%in t,o ,ee-s of t%e
issue of t%e ordinan'e, t%e #ar!ia+ent $assed t%e Ban-in" o+$anies <A'3uisition and
Transfer of Underta-in"> Bi!!, and it re'ei.ed t%e $residentia! a$$ro.a! on H Au"ust =H7H.
A se'ond dose of nationa!i0ation of 7 +ore 'o++er'ia! &an-s fo!!o,ed in =H9B. T%e stated
reason for t%e nationa!i0ation ,as to "i.e t%e "o.ern+ent +ore 'ontro! of 'redit de!i.ery.
1it% t%e se'ond dose of nationa!i0ation, t%e 65I 'ontro!!ed around H=L of t%e &an-in"
&usiness of India. After t%is, unti! t%e =HHBs, t%e nationa!ised &an-s "re, at a $a'e of around
DL, '!oser to t%e a.era"e "ro,t% rate of t%e Indian e'ono+y.
Liberalization:
In t%e ear!y =HHBs, t%e t%en Narsi+%a Rao "o.ern+ent e+&ar-ed on a $o!i'y of !i&era!i0ation,
!i'ensin" a s+a!! nu+&er of $ri.ate &an-s. T%ese 'a+e to &e -no,n as New !eneration tech"
sa##y banks, and in'!uded 6!o&a! Trust Ban- <t%e first of su'% ne, "eneration &an-s to &e set
u$>, ,%i'% !ater a+a!"a+ated ,it% 5rienta! Ban- of o++er'e, A/is Ban-<ear!ier as UTI
Ban->, III Ban- and HDF Ban-. T%is +o.e, a!on" ,it% t%e ra$id "ro,t% in t%e e'ono+y
of India, re.ita!i0ed t%e &an-in" se'tor in India, ,%i'% %as seen ra$id "ro,t% ,it% stron"
'ontri&ution fro+ a!! t%e t%ree se'tors of &an-s, na+e!y, "o.ern+ent &an-s, $ri.ate &an-s and
forei"n &an-s.
T%e ne/t sta"e for t%e Indian &an-in" %as &een setu$ ,it% t%e $ro$osed re!a/ation in t%e nor+s
for Forei"n Dire't In.est+ent, ,%ere a!! Forei"n In.estors in &an-s +ay &e "i.en .otin"
ri"%ts ,%i'% 'ou!d e/'eed t%e $resent 'a$ of =BL,at $resent it %as "one u$ to FDL ,it% so+e
restri'tions.
T%e ne, $o!i'y s%oo- t%e Ban-in" se'tor in India 'o+$!ete!y. Ban-ers, ti!! t%is ti+e, ,ere
used to t%e D878D +et%od <Borro, at DLJLend at 7LJ6o %o+e at D> of fun'tionin". T%e ne,
,a.e us%ered in a +odern out!oo- and te'%8sa..y +et%ods of ,or-in" for traditiona!
&an-s.A!! t%is !ed to t%e retai! &oo+ in India. #eo$!e not (ust de+anded +ore fro+ t%eir &an-s
&ut a!so re'ei.ed +ore.
urrent!y , &an-in" in India is "enera!!y fair!y +ature in ter+s of su$$!y, $rodu't ran"e 8e.en
t%ou"% rea'% in rura! India sti!! re+ains a '%a!!en"e for t%e $ri.ate se'tor and forei"n &an-s. In
ter+s of 3ua!ity of assets and 'a$ita! ade3ua'y.
Markets First
31st May, 2010
Headlines
E3uity &en'%+ar- indi'es re'o.er !ost "round ,it% a ?.EL "ain for t%e ,ee- on t%e
&a'- of s%ort 'o.erin".
=B year 65I Ben'%+ar- at F.EEL <=F &$s %ardenin" 1o1> due to $ressure of
!i3uidity.
Ro&ust 6D# "ro,t% of F.DL for t%e FY ?B=B 8 %e!$ed &y %i"%er t%an e/$e'ted "ro,t% fro+
+anufa'turin" and a"ri'u!ture.
Bond market update
10 year benchmark G-sec at 7.55 on 28th May, 2010 (hardening of 17bps WoW)
T%e yie!ds on t%e 68se' started %ardenin" in .ie, of t%e i+$endin" !i3uidity s%orta"e due to
t%e C6 au'tion, ta/ outf!o,s and t%e ,ee-!y au'tion su$$!y. T%e yie!ds on t%e US Treasury
a!so %ardened.
Corporate bonds yields range bound in view of ample liquidity
T%e =B year AAA &ond traded at a yie!d of around 9.7FL 'o+$ared to 9.7BL o&ser.ed in t%e
$re.ious ,ee-. T%e = year &ond ,as sta&!e at 7.7EL. T%e AAA E year 'or$orate &onds
%ardened to 9.=9L. T%e %ardenin" is due to t%e in'rease in yie!ds in "o.ern+ent se'urities and
t%e i+$endin" !i3uidity s%orta"e.
GDP growth and inflation
T%e ro&ust 6D# "ro,t% of F.DL for t%e FY ?B=B ,as tri""ered &y t%e %i"%er t%an e/$e'ted
"ro,t% fro+ +anufa'turin" and a"ri'u!ture, &oosted &y t%e e'ono+i' sti+u!us. T%e $ri+ary
arti'!es inf!ation rate for t%e ,ee- ended =Et% 4ay stood at =E.HL .is8M8.is =7.=HL a ,ee-
ear!ier 8 t%e inde/ de'!ined &y B.=L. T%e fue! and $o,er inde/ rose B.BEL ta-in" t%e YoY
inf!ation rate to =?.B9L fro+ =?.CCL a ,ee- ear!ier.
Foreign exchange reserves
IndiaIs forei"n e/'%an"e reser.es for t%e ,ee- ended ?=st 4ay stood at N?FC.C7 &!n !o,er &y
N?.9F&!n.
Global news update for bond markets
A''ordin" to t%e ?nd esti+ate re!eased &y t%e Bureau of E'ono+i' Ana!ysis, rea! 6D# of
t%e US in'reased at an annua! rate of C.BL in t%e first 3uarter of ?B=B as a"ainst C.?L in t%e
ad.an'e esti+ate. In t%e fourt% 3uarter of ?BBH, rea! 6D# %ad in'reased E.7L.
As $er t%e 5ffi'e for Nationa! Statisti's, 6D# in t%e UK rose &y B.CL in t%e first 3uarter
'o+$ared to an initia! +easure+ent of B.?L as re&oundin" in.est+ent and t%e &i""est (u+$
+anufa'turin" for four years stren"t%ened t%e re'o.ery.
~PASSION TO SERVE.
PASSION TO PERFORM*
COMPANY PROFILE

Our Mission:


BRIEF HISTORY :
Ban- of Baroda is %a.in" a !on", e.entfu! and "!orious %istory of +ore t%an =B= years. HH
Sir. 4a%ara( Saya(irao8III founded t%e Ban-.T%e Ban- +ade a %u+&!e &e"innin" in =HB9 in a
s+a!! &ui!din" in Baroda. 5n ?B
t%
Gu!y =HB9 Ban- of Baroda Li+ited ,as re"istered under t%e
Baroda o+$anies A't of =9HF, ,it% a $aid u$ 'a$ita! of Rs. =B !a's.
In t%e year =HCE Ban- &e'a+e a s'%edu!ed Ban-. RBI in'!uded t%e Ban- in t%e se'ond
s'%edu!e of RBI and &rou"%t under dire't 'ontro! of RBI. At t%e ti+e of inde$enden'e in
=HDF, Ban- of Baroda ,as a re"iona! &an- ,it% D9 &ran'%es. Ho,e.er, it found a $!a'e in
India2s OFortune Fi.e2 !ist of Ban-s. Durin" =HEC 8 =HE9 Ban- o$ened CB ne, offi'es and %ad
&e'o+e an a!!8India Ban-. Bank of Baroda <BSE; EC?=CD> <BoB> <Hindi; > is
t%e Crd !ar"est &an- in India, after State Ban- of India and #un(a& Nationa! Ban- and a%ead of
III Ban-. BoB %as tota! assets in e/'ess of Rs. ?.?F !a-% 'rores, or Rs. ?,?FD &i!!ion, a
net,or- of o.er CBBB &ran'%es and offi'es, and a&out ==BBP AT4s. It offers a ,ide ran"e of
&an-in" $rodu'ts and finan'ia! ser.i'es to 'or$orate and retai! 'usto+ers t%rou"% a .ariety of
de!i.ery '%anne!s and t%rou"% its s$e'ia!ised su&sidiaries and affi!iates in t%e areas of
in.est+ent &an-in", 'redit 'ards and asset +ana"e+ent.
4a%ara(a% of Baroda Sir Saya(irao 6ae-,ad III founded t%e &an- on Gu!y ?B, =HB9 in t%e
$rin'e!y state of Baroda, in 6u(arat. T%e &an-, a!on" ,it% =C ot%er +a(or 'o++er'ia! &an-s of
India, ,as nationa!ised on =H Gu!y =H7H, &y t%e 6o.ern+ent of India.
As +any as nine &an-s %a.e +er"ed ,it% Ban- of Baroda durin" its (ourney so far;
Hind Ban- Ltd <=HE9>
Ne, iti0en Ban- of India Ltd <=H7=>
Surat Ban-in" or$oration <=H7C>
Ta+i! Nadu entra! Ban- <=H7D>
U+&er"aon #eo$!e Ban- <=H7D>
Traders Ban- Li+ited <=H99>
Barei!!y or$oration Ban- Ltd <=HH9>
Benares State Ban- Ltd <?BB?>
Sout% 6u(arat Lo'a! Area Ban- Ltd <?BBD>.
The Heritage
It a!! started ,it% a .isionary 4a%ara(aIs un'anny foresi"%t into t%e future of trade and
enter$risin" in %is 'ountry. 5n ?Bt% Gu!y =HB9, under t%e o+$anies A't of =9HF, and ,it% a
$aid u$ 'a$ita! of Rs =B La's started t%e !e"end t%at %as no, trans!ated into a stron",
trust,ort%y finan'ia! &ody, THE BANK OF BARODA
It %as &een a ,ise!y or'%estrated "ro,t%, in.o!.in" 'or$orate ,isdo+, so'ia! $ride and t%e
.ision of %e!$in" ot%ers "ro,, and "ro,in" itse!f in turn.
T%e founder, Maharaja Sayajirao Gaekwad, ,it% %is insi"%t into t%e future, sa, Ka &an- of
t%is nature ,i!! $ro.e a &enefi'ia! a"en'y for !endin", trans+ission, and de$osit of +oney and
,i!! &e a $o,erfu! fa'tor in t%e de.e!o$+ent of art, industries and 'o++er'e of t%e State and
ad(oinin" territories.K
T%ese ,ords are et'%ed into t%e +ind, &ody and sou! of ,%at %as no, &e'o+e a &an-in"
!e"end. Fo!!o,in" t%e 4a%ara(aIs ,ords, t%e e+&!e+ %as &een 'rafted to re$resent ,ea!t%,
safety, industria! de.e!o$+ent and an in'!ination to &etter and $ro+ote t%e 'ountryIs a"rarian
e'ono+y. T%is e+&!e+ s%o,s a 'oin, sy+&o!i0in" ,ea!t%, e+&ossed ,it% an u$raised $a!+, a
safety 'o.er for t%e de$ositorIs +oney, ,it% a 'o",%ee! t%at $ro+otes industria! "ro,t% in
tande+ ,it% t%e t,o 'orn ears t%at stand for t%e $ro"ress of t%e sta$!e a"ri'u!tura! "ro,t% in
t%e 'ountry.
The Ethics :
Bet,een =H=C and =H=F, as +any as 9F &an-s fai!ed in India. Bank of Baroda sur.i.ed t%e
'risis, +ain!y due to its %onest and $rudent !eaders%i$. T%is finan'ia! inte"rity, &usiness
$ruden'e, 'aution and an a&idin" 'are and 'on'ern for t%e %ard earned sa.in"s of %ard
,or-in" $eo$!e, ,ere to &e'o+e t%e 'entra! $%i!oso$%y around ,%i'% &usiness de'isions
,ou!d &e effe'ted. T%is 'ardina! $%i!oso$%y ,as o.er t%e 'entury o!d e/isten'e, to &e'o+e its
&i""est asset. It ensured t%at t%e Ban- sur.i.ed t%e 6reat 1ar years. It ensured sur.i.a! durin"
t%e 6reat De$ression. E.en ,%i!e &i" na+es ,ere dra""ed into t%e Sto'- 4ar-et s'a+ and t%e
a$ita! 4ar-et s'a+, t%e Ban- of Baroda 'ontinued its triu+$%ant +ar'% a!on" t%e &est
et%i'a! $ra'ti'es
Our Logo :
5ur ne, !o"o is a uni3ue re$resentation of a uni.ersa! sy+&o!. It 'o+$rises dua!
OB2 !etterfor+s t%at %o!d t%e rays of t%e risin" sun. 1e 'a!! t%is t%e Baroda Sun.
T%e sun is an e/'e!!ent re$resentation of ,%at our &an- stands for. It is t%e sin"!e +ost
$o,erfu! sour'e of !i"%t and ener"y : its far rea'%in" rays dis$e! dar-ness to i!!u+inate
e.eryt%in" t%ey tou'%. At Ban- of Baroda, ,e see- to &e t%e sour'e t%at ,i!! %e!$ a!! our
sta-e%o!ders rea!ise t%eir "oa!s. To our 'usto+ers, ,e see- to &e a one8sto$, re!ia&!e $artner
,%o ,i!! %e!$ t%e+ address different finan'ia! needs. To our e+$!oyees, ,e offer re,ardin"
'areers and to our in.estors and &usiness $artners, +a/i+u+ return on t%eir in.est+ent.
T%e sin"!e8'o!our, 'o+$e!!in" .er+i!!ion $a!ette %as &een 'arefu!!y '%osen, for its
distin'ti.enes as it stands for %o$e and ener"y. T%e Baroda Sun is a fittin" fa'e for our &rand
&e'ause it is a uni.ersa! sy+&o! of dyna+is+ and o$ti+is+ : it is +eanin"fu! for our +any
audien'es and easi!y de'oded &y a!!. It is a si"na! t%at ,e re'o"ni0e and are $re$ared for ne,
&usiness $aradi"+s in a "!o&a!ised ,or!d. At t%e sa+e ti+e, ,e ,i!! a!,ays stay in tou'% ,it%
our %erita"e and endurin" re!ations%i$s on ,%i'% our &an- is founded. By ado$tin" a sy+&o!
as si+$!e and $o,erfu! as t%e Baroda Sun, ,e %o$e to 'o++uni'ate &ot%.
INITIAL EMBLEM:
T%e e+&!e+ s%o, a 'oin, sy+&oi!i0in" ,ea!t% , e+&ossed ,it% an an
un$raised $a!+, a safety 'o.er for t%e de$ositor2s +oney ,it% a 'o",%ee! t%at $ro+otes
industria! "ro,t% in tande+ ,it% t%e t,o 'orn ears t%at stan for t%e $ro"ress of t%e s)'*+,
'(r-./+)/r, (r%0)$ -1 )$, .%/1)r2 .
Marketing Initiatives
T%e +id8ei"%ties +ar-ed t%e &e"innin" of t%e s%ift to a &uyersQ +ar-et. T%e Ban- or'%estrated
its &usiness strate"ies around t%e 'entra!ity of t%e 'usto+er. It di.ersified into areas of
+er'%ant &an-in", %ousin" finan'e, 'redit 'ards and +utua! funds. A strin" of se"+ent
s$e'ifi' &ran'%es entren'%ed o$erations in t%e $rofita&!e +ar-ets. 5.erseas o$erations ,ere
re.a+$ed and stru'tura! '%an"es intensified in t%e territories to 'ater to se'ond "eneration
NRIs. S!o,!y &ut sure!y, t%e +o.e to &e'o+e a one sto$ finan'ia! su$er+ar-et %ad &een set in
+otion. Ser.i'e de!i.ery standards ,ere sti$u!ated.
Te'%no!o"y ,as ado$ted to add $un'%. E+$!oyees a'ross t%e &oard ,ere in'u!'ated ,it% t%e
+ar-etin" 'on'e$t. A""ressi.e +ar-etin" &e'a+e t%e ne, &usiness $%i!oso$%y.
People Initiatives
Ban- of Baroda %as a!,ays %ad an i++ense fait% in t%e infinite $otentia! of its $eo$!e. T%is
%as &een %istori'a!!y de+onstrated in its re'ruit+ent $ra'ti'es, de.e!o$+enta! initiati.es,
$!a'e+ent $ro'esses and $ro+otion $o!i'ies. Strate"i' HR inter.entions !i-e, a''ordin" 'ross
&order and 'ross 'u!tura! ,or- e/$osure to its +ana"ers, %irin" di.erse fun'tiona! s$e'ia!ists
to su$$ort !ine fun'tionaries and 'o+$!e+entin" t%e te'%ni'a! 'o+$eten'ies of its $eo$!e &y
i+$artin" 'on'e$tua!, +ana"eria! and !eaders%i$ s-i!!s, "a.e t%e Ban- 'o+$etiti.e ad.anta"e.
T%e e!a&orate +an +ana"e+ent $o!i'ies a!so +ade t%e Ban- a &reedin" "round for &usiness
!eaders. T%e Ban- $ro.ided around a do0en E5s to t%e industry8 +en ,%o ,ent on to &ui!d
ot%er "reat institutions. #eo$!e initiati.es ,ere &!ended ,it% IR initiati.es to 'reate an
effe'ti.e!y %ar+onious ,or-$!a'e, ,%ere e.eryone $ros$ered.
Financial Initiatives
Ne, nor+s for 'a$ita! ade3ua'y re3uired ne, 'a$ita! +ana"e+ent strate"ies. In =HHE t%e
Ban- raised Rs CBB 'rores t%rou"% a Bond issue. In =HH7 t%e Ban- ta$$ed t%e 'a$ita! +ar-et
,it% an I#5 of Rs 9EB 'rores, Des$ite ad.erse +ar-et 'onditions $re.ai!in" t%en, t%e issue
,as o.er su&s'ri&ed, ref!e'tin" t%e $ositi.e $u&!i' $er'e$tion of t%e Ban-Is funda+enta!
finan'ia! stren"t%.
The Future
Re.o!utionary and dis'ontinuous '%an"es in t%e o$eratin" en.iron+ent are a star- re+inder
t%at &usiness su''ess is Ii+$er+anentI. T%e e+er"en'e of IT as a +a(or dri.er for '%an"e, %as
a''entuated t%e need to initiate a +a(or transfor+ation $ro"ra+. T%e 'on.ersion to an IT
sa..y, +ar-et dri.en &an- ,i!! &e a $rere3uisite to sur.i.a! and "ro,t%. A +a(or and strate"i'
ste$ in %i8te'%, ,as t%e esta&!is%+ent of t%e Inte"rated Treasury &ran'%, as a forerunner to
fu!!8f!ed"ed "!o&a! treasury o$erations. To,ards 'reatin" a future Ban- of Baroda, t%e Ban-
%as ado$ted a re.o!utionary ne, &usiness strate"y t%at ,i!! &e ena&!ed &y a re.o!utionary ne,
IT strate"y. A'tionin" t%is strate"y ,i!! $osition Ban- of Baroda as IndiaIs un'ontested
$re+ier &an-.
At Ban- of Baroda, '%an"e is a (ourney. It %as a &e"innin". T%ere ,i!! &e no end. It ,i!! &e a
!on" and diffi'u!t +ar'%. And t%e Ban- ,i!! e+er"e stron"er, +ore resi!ient and $ositioned to
&e'o+e IndiaIs first &an- of tru!y "!o&a! standards. T%e re!o'ation to t%e i+$osin" Baroda
or$orate entre, is a true ref!e'tion of t%e Ban-Is reso!.e to +o.e a%ead of t%e ti+es. It ,i!!
not &e out of $!a'e no,, as it stands on t%e t%res%o!d of a di"ita! era, to e'%o t%e sa+e
senti+ents t%at "uided t%e Ban- in its $!atinu+ (u&i!ee year 8 Ia $ro+isin" future is t%e se3ue!
to a "!orious $astI.
International Presence:
In t%e year =HEC, ta-in" a $ioneerin" ste$, t%e Ban- o$ened its first o.erseas &ran'% at
4o+&asa on =D.=?.=HEC fo!!o,ed &y t,o ot%er &ran'%es at Ka+$a!a and Nairo&i.
Su&se3uent!y, o$erations started in Dar8Es8Sa!aa+ in =HE7 and in London in =HEF. At $resent,
t%e Ban- %as F9 o.erseas net,or- &ran'%es A offi'es in t%e fo!!o,in" ?E 'ountries;
= Austra!ia =B 6uyana =H Tan0ania
? Ba%a+as == Hon" Kon" ?B Trinidad R To&a"o
C Ba%rain =? Kenya ?= U"anda
D Be!"iu+ =C 4auritius ?? UAE
E Bots,ana =D 4a!aysia ?C UK
7 Ban"-o- =E Sout% Afri'a ?D USA
F %ina =7 Sey'%e!!es ?E Sa+&ia
9 Fi(i Is!and =F Su!tanate of 5+an ?7 4o0a+&i3ue
H 6%ana =9 Sin"a$ore ?F @uatar
OVERSEAS SUBSIDIARIES
Ban- of Baroda <Bots,ana> Ltd.
Ban- of Baroda <Kenya> Ltd.
Ban- of Baroda <U"anda> Ltd.
Ban- of Baroda <6uyana> In'.
Ban- of Baroda <Tan0ania> Ltd.
Ban- of Baroda <6%ana> Ltd.
Ban- of Baroda <Trinidad R To&a"o> Ltd.
Ban- of Baroda <Ne, Sea!and Ltd.

1oint Venture
India8Sa+&ia Ban- Ltd. <Lusa-a>
Representative Offices
Austra!ia
Kua!a Lu+$ur, 4a!aysia
Ban"-o-, T%ai!and
Major Financial centers of the world
Brusse!s, Ba%a+as, Du&ai, Hon"-on", London, Sin"a$ore
and Ne, Yor-.
Important milestones post-nationalisation:
1969: Ban- ,as nationa!ised in t%e year =H7H a!on" ,it%
fourteen ot%er &an-s.
1972: Esta&!is%ed Multi Service Agency for ur&an +i'ro8
'redit.
1976: 5$ened t%e first of its Regional Rural Banks
'o+$!e+entin" its o,n o$erations in t%e rura!
%eart!and. Today t%e Ban- is t%e s$onsor for 7
Re"iona! Rura! Ban-s s$read o.er E states and D=
!ead distri'ts.
1977: Laun'%ed Gram Vikas Kendras (GVK), an
inno.ati.e +ode! for inte"rated rura!
de.e!o$+ent. T%e Ban- is %a.in" =FB 6VK
&ran'%es today.
1995: Ban- raised Rs. CBB 'rore t%rou"% a Bond issue to
'o+$!y ,it% ne, nor+s of 'a$ita! ade3ua'y.
1996; Ban- !aun'%ed its initia! $u&!i' offer of =B 'rore
e3uity s%ares for an a""re"ate a+ount of Rs. 9EB
'rore.
2004: Ban- entered into 45U ,it% Nationa! Insuran'e
o+$any Li+ited for t%eir non !ife insuran'e
$rodu'ts under 'or$orate a"en'y arran"e+ent.
2004: Ban- ,as ran-ed as t%e &est 'usto+er 'entri' &an-
a+on" a!! t%e $u&!i' se'tor &an-s o$eratin" in
India &y t%e +a"a0ine 5ut!oo- 4oney <Se$8?BBD
issue>.
2005: Ban-2s ne, Lo"o, BAR5DA SUN ,as !aun'%ed
2005: BS ro!!out in #o,ai, 4u+&ai
2006: Ban- 'a+e out ,it% a fo!!o, on issue of F=B !a's
s%ares ea'% at a &iddin" $ri'e of Rs. ?CBA8 $er
s%are, ,%i'% %ad a tre+endous res$onse fro+ a!!
t%e se"+ents.
2008: o+$!eted ~Centenary Year.
2009: BS ro!! out in =BBL &ran'%es R +e"a $ro(e't
)Na.nir+aan* !aun'%ed
Business Philosophy:
T%e finan'ia! inte"rity, &usiness $ruden'e, 'aution and an
a&idin" 'are and 'on'ern for t%e %ard earned sa.in"s of
%ard ,or-in" $eo$!e, ,ere to &e'o+e t%e 'entra!
$%i!oso$%y around ,%i'% &usiness de'ision ,ou!d &e
effe'ted. T%is 'ardina! $%i!oso$%y ,as o.er t%e =BB years
of its e/isten'e, to &e'o+e its &i""est asset. T%e &an-in"
'risis of =H=D to =H=9 $ut a !o'- on +any &an-s, &ut not
on Ban- of Baroda. It not on!y sur.i.ed &ut a!so e+er"ed
as a .ita! for'e in t%e ,or!d of &an-in" : a finan'ia!
$o,er%ouse.T%e Ban- is e+er"in" stron"er, +ore resi!ient
and $ositioned to &e'o+e India2s first &an- of tru!y "!o&a!
standards.
Project ~NAVNIRMAAN - Baroda Next
A 'o+$re%ensi.e transfor+ation $ro"ra++e 'a!!ed
)NAVNIR4AAN* %as !aun'%ed &y our Ban- on ?? Gune
?BBH. T%e Ban- %as $artnered ,it% 4'Kinsey R
o+$any for t%is $ro"ra++e, ,%i'% is 'entered around
our 'usto+ers and our e+$!oyees, and %as t,o 'ore
e!e+ents : Business #ro'ess Re8en"ineerin" <B#R> and
5r"ani0ation Restru'turin" <5R>.
#ri+ari!y, t%e +ain o&(e'ti.e of t%is $ro"ra++e re.o!.es
around t%e fo!!o,in";
Ensure &est in '!ass 'usto+er ser.i'e
Strea+!ine $ro'esses to +a-e !ife si+$!er for
e+$!oyees and 'usto+ers
E3ui$ you ,it% t%e &est too!s and te'%ni3ues to
dis'%ar"e your ro!es effe'ti.e!y
A!i"n t%e Ban-2s or"ani0ation stru'ture and syste+s to
%e!$ &ui!d OBaroda Ne/t2 and dri.e t%e ne, strate"y.
MA1OR INITIATIVES TAKEN BY BANK IN
RECENT PAST:
#ara+ars% : entre for $ersona! 'ounse!in" Sa+$ar-:
S5S %e!$!ine for e+$!oyee
K%o( : ta!ent identifi'ation and de.e!o$+ent $ro"ra++e
Baroda Su(%a. 8Staff su""estion s'%e+e
B5B si"ned 45U ,it% <i> E/i+ Ban-
<ii>IDF<iii>SIDBI for 'o finan'in" of $ro(e'ts
B6#K <Baroda 6ra+een #ara+ars% Kendra>
45U ,it% 6ro, Ta!ent o. Ltd For HR de.e!o$+ent
<CBB !eaders>
SUNDARA4 #ARIBAS Asset 4ana"e+ent
o+$any for 4utua! funds
FRANKLIN TE4#LET5N Asset 4ana"e+ent o.
for 4utua! funds
Baroda 65LD 5IN se!!in" started.
BSE enters into an a"ree+ent ,it% Ban- of Baroda for
'!earin" and sett!e+ent
BS ro!!8out in =BBL &ran'%es
Laun'%in" of GV )IndiaFirst Life Insuran'e o. Ltd.*
Sankalp scheme for re'o.ery
BSVS (Baroda Swarojgar Vikas Sansthan)
Baroda S,aro("ar Vi-as Sanst%an <BSVS> is a &ody
re"istered under So'ieties A't and Trust A't at our Staff
o!!e"e ,it% t%e #rin'i$a! as its $resident and no, it is
&ein" +onitored &y #riority Se'tor De$tt, B, 4u+&ai.
T%e o&(e'ti.es of BSVS are;
=. To $ro.ide edu'ation, infor+ation and s-i!!s to yout%
for settin" u$ o,n enter$rise.
?. To en'oura"e t%e+ to start suita&!e .ia&!e e'ono+i'
a'ti.ities in t%eir !o'a! areas
Gen-Next Branch
11. To res$ond to t%e needs of t%e '%an"in" de+o"ra$%i' $rofi!e of t%e 'ountry, t%e &an-
%as &een endea.orin" to 'usto+i0e de!i.ery '%anne!s es$e'ia!!y for yout% se"+ent.
??. As a $art of t%ese efforts, t%e &an- %as set u$ an inno.ati.e )6en8 Ne/t &ran'%*
dedi'ated to yout% and youn" IT $rofessiona!s at #une
C
DBase Rate 8 9L <'urrent!y>
PRODUDT & SERVICES OFFERED BY BANK OF BARODA :
Retail Loans ;
A ,ide ran"e of so!utions for your finan'ia! needs.
Bank of Baroda offers a ,ide ran"e of retai! !oans to +eet your di.erse needs. 1%et%er t%e
need is for a ne, %ouse, '%i!dIs edu'ation, $ur'%ase of a ne, 'ar or %o+e a$$!ian'es, our
uni3ue and need s$e'ifi' !oans ,i!! ena&!e you to 'on.ert your drea+s to rea!ities.
Key products ;
BARODA HOME LOAN:
Home Improvement Loan
Bank of Baroda &rin"s to you a uni3ue !oan $rodu't. A !oan for Re$airs
A Reno.ations A I+$ro.e+ent A E/tension of Ho+e and for Furniture, Fittin"s R Fi/tures.
Key Benefits
Loan a.ai!a&!e for re$airs A reno.ation A i+$ro.e+ent A e/tension of t%e e/istin" %ouse.
Loan a.ai!a&!e for $ur'%ase of furniture A fi/tures A furnis%in" A ot%er "ad"ets su'% as
fans, "eysers, air 'onditioners et'. re3uired, to;
Baroda Mortgage Loan
Bank of Baroda &rin"s to you an inno.ati.e 'o+&ination of a !oan and o.er draft fa'i!ity ,it%
f!e/i&!e re$ay+ent o$tions a"ainst t%e se'urity of your i++o.a&!e $ro$erty.
Key Benefits
Ideal use of idle property 8 6enerate additiona! in'o+e fro+ an ot%er,ise id!e
$ro$erty.
1it%dra, +oney as $er your need and sa.e on interest 'ost.
De$osit sur$!us +oney A re"u!ar in'o+e A sa!ary and sa.e interest.
Baroda Education Loan :
Edu'ation is t%e +ost i+$ortant in.est+ent one +a-es in !ife. Hi"%er studies and
s$e'ia!i0ation in 'ertain fie!ds 'a!! for additiona! finan'ia! su$$ort fro+ ti+e to ti+e.
1%et%er you are $!annin" s'%oo! edu'ation <nursery to standard TII> of your '%i!d, $ursuin" a
"raduate or $ost8"raduate de"ree, t%e Bank of Baroda Education Loans, 'an %e!$ finan'e
your a+&itions and "oa!s.
Fo!!o,in" are t%e !oan o$tions a.ai!a&!e;
Baroda Vidya
Baroda 6yan
Baroda S'%o!ar
Baroda Vidya:
Bank of Baroda $resents a one of its -ind finan'e o$tion for $arents of students $ursuin"
s'%oo! edu'ation. T%ese !oans are a.ai!a&!e for studies fro+ Nursery to Senior Se'ondary
S'%oo!.
Baroda Scholar:
Bank of Baroda $resents finan'ia! assistan'e to students "oin" a&road for #rofessiona! A
Te'%ni'a! studies. T%e !oan offerin" is desi"ned to e+$o,er you ,it% t%e finan'ia! 'a$a&i!ity
to rea!ise your drea+s... A'%ie.e your "oa!s... Rea'% out to t%e +a/i+u+ !i+its...
6raduateA#ost 6raduate A Do'torate A Go& 5riented #rofessiona! A Te'%ni'a! ourses offered &y
re$uted Uni.ersities .
BARODA CAR LOAN ;
In todayIs fast $a'ed ,or!d, a .e%i'!e is &ut a ne'essity. Yet ot%er e/$enses and $!ans in !ife
ta-e $riority and t%e drea+ of o,nin" a 'ar ta-es a &a'- seat. 1%et%er as a 'o+forta&!e and
de$enda&!e +eans of trans$ort or as a status sy+&o! in so'iety, ,e &e!ie.e you deser.e
o,ners%i$ of a .e%i'!e.
T%e Car Loans fro+ Bank of Baroda are desi"ned to finan'e t%e 'ar t%at suits your need and
+at'%es to your status R taste.
Baroda Loan to Doctors
Bank of Baroda &rin"s to you Baroda Loan to Doctors, a one of its -ind, desi"ned s$e'ia!!y
to 'ater to t%e finan'ia! needs of t%e do'tors.
T%e ad.an'e is a.ai!a&!e for $ro(e'ts re!ated to settin" u$ A e/$ansion of nursin" %o+e A
%os$ita! A '!ini' and $at%o!o"i'a! .
BARODA PERSONAL LOAN ;
A ,eddin" in t%e fa+i!y. 4ay&e itIs %i"% ti+e you sur$rised your s$ouse ,it% a $ri'e!ess "ift.
5r you si+$!y need to $a+$er your fa+i!y ,it% an e/tended .a'ation. T%ese are t%e ti+es
,%en you +ay need a %e!$in" %and. T%atIs ,%en you 'an &an- on us. Ban- of BarodaIs
#ersona! Loan offers finan'ia! %e!$ to +eet your $ersona! re3uire+ents.
Key Benefits;
He!$s you ta-e 'are of a!! -inds of e/$enses at a s%ort noti'e.
T%e Loan +ay &e a.ai!ed to +eet e/$enses re!ated to +arria"e, tra.e!, %oney+oon,
%o!iday and +edi'a! e/$enditure or for any ot%er $ersona! use.
T%e !oan is a!so a.ai!a&!e to #ensionersADefen'e #ensioners
Loan is a!so a.ai!a&!e for Earnest 4oney De$osits for &uyers of %o+eAf!atA$!ot.
Baroda Ashray (Reverse Mortgage Loan)
Eligibility:
S%ou!d &e Senior iti0en of India, a&o.e 7B years of a"e.
4arried 'ou$!es ,i!! &e e!i"i&!e as (oint &orro,ers $ro.ided one of t%e+ is a&o.e 7B
years of a"e and a"e of s$ouse is not &e!o, EE years at t%e ti+e of a$$!i'ation.
S%ou!d &e t%e o,ner of a residentia! $ro$erty <%ouse or f!at> !o'ated in India in %isA%er
o,n na+e.
T%e +a/i+u+ !oan a+ount in'!usi.e of interest for entire tenure of t%e !oan s%a!! &e restri'ted
to Rs. = 'rore su&(e't to .a!ue of t%e $ro$erty. T%e Ban- s%a!! %a.e t%e o$tion to re.ise
$eriodi' annuity a+ount, if !u+$8su+ $ay+ent is ta-en or at t%e inter.a! of e.ery E years
&ased on .a!uation of t%e $ro$erty.
Repayment of Loan;
T%e !oan s%a!! &e'o+e due and $aya&!e ,%en t%e !ast sur.i.in" &orro,er dies or ,ou!d !i-e to
se!! t%e %o+e A $er+anent!y +o.es out of t%e %o+e for a"ed 'are to an institution or re!ati.es.
T%e !oan ,i!!, as su'%, &e'o+e due for re'o.ery and $aya&!e.
Sett!e+ent of !oan, a!on" ,it% a''u+u!ated interest, to &e +et &y t%e $ro'eeds re'ei.ed
out of sa!e of residentia! $ro$erty.
T%e &orro,er<s> or %isA%erAt%eir estate s%a!! &e $ro.ided ,it% t%e first ri"%t to sett!e t%e
!oan a!on" ,it% a''u+u!ated interest, ,it%out sa!e of $ro$erty. A reasona&!e $eriod of
? +ont%s +ay &e $ro.ided ,%en re$ay+ent is tri""ered, for %ouse to &e so!d.
.
Baroda Traders Loan:
T%e Baroda Traders Loan fa'i!ity ena&!es indi.idua!s, #ro$rietors%i$s, &odies su'% as
#artners%i$ fir+s and o8o$ so'ieties to a.ai! of ,or-in" 'a$ita! or underta-e de.e!o$+ent of
s%o$ &y ,ay of !oanAo.erdraft. Dea!ers in "o!dA si!.er (e,e!ry are a!so 'o.ered under t%e
s'%e+e.
Key Benefits
5$tion to a.ai! t%e 'redit fa'i!ity as !oan or o.erdraft.
Ad.an'e a.ai!a&!e u$ to Rs. ?BB La's.
Loan 'an &e re$aid in a +a/i+u+ $eriod of 7B +ont%s.
T%e &usiness units s%ou!d %a.e &een esta&!is%ed in t%e !ine of &usiness for a +ini+u+
$eriod of ? years
DBL on rea!i0a&!e +ar-et .a!ue of i++o.a&!e $ro$erty.
=BL on Ban-Is o,n Fi/ed De$osits.
=EL on fa'e .a!ue of NSs, 6o.t. Bonds, surrender .a!ue of LI $o!i'ies.
.
BarodaTwoWheelerLoan:
For t%ose indi.idua!s ,%o $refer to tra.e! +ore 'onser.ati.e!y or to "et to t%eir destinations
faster, a t,o8,%ee!er is as +u'% a &oon as it is to a 'ar o,ner. 1it% ne,er +ode!s 'o+in" out
ea'% year, t%e o$tions a.ai!a&!e to t%e 'usto+er are &ot% attra'ti.e as ,e!! as 'on.enient.
Bank of Baroda's Two-Wheeler Loan +a-e it $ossi&!e to $ur'%ase a t,o8,%ee!er and $ay
&a'- in easy +ont%!y insta!+ents, t%ere&y redu'in" t%e &urden of a one8ti+e $ay+ent.
A!! resident Indians, sa!aried, $rofessiona!s, se!f8e+$!oyed, &usiness+en and far+ers 'an
a$$!y for t%is !oan.
Ter+s R onditions
Finan'e for a +ini+u+ of Rs. EBBB and a +a/i+u+ of Rs. = La-% <or fi.e ti+es of t%e
+ont%!y in'o+e, ,%i'%e.er is !ess> 'an &e a.ai!ed of t%rou"% t%e !oan.
4ar"in of =BL on !oan a+ount.
T%e !oan a+ount 'an &e re$aid in +a/i+u+ 7B +ont%s fro+ t%e date of dis&urse+ent
of !oan.
Baroda Career Development
6ainfu!!y e+$!oyed $ersons intend to $ursue %i"%er edu'ation, .o'ationa! 'ourses, trainin"s,
$i!ot trainin"s, s-i!! u$ "radation, di$!o+a or de"ree 'ourses offered in a.iation, %os$ita!ity
and tra.e! +ana"e+ent, e/e'uti.e de.e!o$+ent et'. in India A a&road.
Eligiblity of Courses :
6raduate, #ost 6raduate, Di$!o+a, #rofessiona! ourses, S$e'ia!i0ation 'ourses
offered &y re$uted Uni.ersitiesA Institutions <Indian or 5.erseas>, %a.in" assured
e+$!oy+ent $ros$e'ts,
S-i!! u$ "radation 'ourses offered &y .arious institutes <IndianA5.erseas>, %a.in"
assured e+$!oy+ent $ros$e'ts,
ourses offered &y Hos$ita!ity 4ana"e+ent Institutes for S-i!! u$"radeAS%ort 'ourseA
Trainin" et'.
#i!ot Trainin" ourses, offered &y re$uted Institutions <Indian or 5.erseas>, a$$ro.ed
&y Dire'tor 6enera! of i.i! A.iation <D6A> AInternationa! i.i! A.iation
5r"ani0ation <IA5>.
Student Eligiblity :
S%ou!d &e an Indian Nationa!.
Ha.e se'ured ad+ission to t%e 'ourse t%rou"% entran'e test A +erit &ased se!e'tion
$ro'ess.
Loan Against Future Rent Receivables
Has &een de.e!o$ed 'onsiderin" t%e "ro,t% $otentia! in t%e rea! estate in .arious +etros and
ur&an 'enters, ,%ere +any 'o++er'ia! $ro$ertiesAs%o$$in" +a!!s are &ein" de.e!o$ed and t%e
o,ners a$$roa'% &an-s for !oans a"ainst se'uriti0ation of future rent re'ei.a&!es fro+ su'%
$ro$erties.
Key Benefits
T%e s'o$e for t%e Ne, #rodu't %as &een -e$t ,ide to 'o.er t%e tar"et "rou$s, .i0.
o,ners of i++o.ea&!e $ro$erties <!essor> &e!on"in" to a!! ty$es of t%e 'onstitution.
T%e +ini+u+ and +a/i+u+ !oan !i+its are fi/ed at Rs.= !a' and Rs.=BBB !a's
res$e'ti.e!y.
Baroda Ho+e Loans to NRIs A #I5s
Bank of Baroda $resents yet anot%er inno.ati.e $rodu't in t%e for+ of Baroda Ho+e Loans
to NRIs A #I5s, a uni3ue %ousin" !oan fa'i!ity desi"ned s$e'ia!!y for Non Resident Indians
<NRI> and #erson of Indian 5ri"in <#I5>.
Key Benefits
A !oan $rodu't tai!or8+ade for NRI A #I5 needs
5$t for F!e/i Rate $!an to %ed"e t%e interest rate ris- &y &rea-in" t%e !oan into t,o
se$arate a''ounts
Free $ro$erty insuran'e and $ersona! a''ident insuran'e
No $re $ay+ent A fore'!osure '%ar"es for $art as ,e!! as fu!! $re$ay+ent <,%en re$aid
fro+ o,n sour'es &y t%e &orro,er> .
Baroda Home Loans to NRIs / PIOs;
Bank of Baroda $resents yet anot%er inno.ati.e $rodu't in t%e for+ of Baroda Ho+e Loans
to NRIs A #I5s, a uni3ue %ousin" !oan fa'i!ity desi"ned s$e'ia!!y for Non Resident Indians
<NRI> and #erson of Indian 5ri"in <#I5>.
Key Benefits
A !oan $rodu't tai!or8+ade for NRI A #I5 needs
5$t for F!e/i Rate $!an to %ed"e t%e interest rate ris- &y &rea-in" t%e !oan into t,o
se$arate a''ounts
Free $ro$erty insuran'e and $ersona! a''ident insuran'e
No $re $ay+ent A fore'!osure '%ar"es for $art as ,e!! as fu!! $re$ay+ent <,%en re$aid
fro+ o,n sour'es &y t%e &orro,er>
Deposits:
Bank of Baroda offers .arious de$osit $!ans t%at you 'an '%oose fro+ de$endin" on
t%e ter+ $eriod, nature of de$osit and its uni3ue sa.in" and ,it%dra,a! features.
A$art fro+ 'o+$etiti.e interest rates and 'on.enient ,it%dra,a! o$tions, our de$osit
$!ans offer ot%er features su'% as o.erdraft fa'i!ity, outstation '%e3ue 'o!!e'tions, safe
de$osit !o'-ers, AT4Is et'.
%oose fro+ Fixed, Current and Savings De$osit $!ans.
Fi/ed de$osits are 'ate"orised into de$osits ,it% a ter+ $eriod of !ess t%an =? +ont%s,
+ore t%an =? +ont%s and re'urrin" de$osits. T%ese de$osit $!ans offer 'on.enient
so!utions to &ot% ,or-in" indi.idua!s as ,e!! as senior 'iti0ens.
urrent and sa.in" de$osits are idea! for indi.idua!s ,%o ,is% to ta-e ad.anta"e of
+u!ti$!e &enefits ,it%in t%e sa+e $!an and e.en &e e!i"i&!e to o$t for o.erdrafts.
Gen Next Services ;
Gen-Next 1unior (Saving Account)
#rodu't Nature
T%is is a S$e'ia! -ind of Sa.in"s Ban- De$osit $rodu't for '%i!dren to &e +ade
a.ai!a&!e in 6en8Ne/t #une &ran'%.
Gen-Next Lifestyle
Ty$e 5f Fa'i!ity
Ter+ Loan <o+&o #a'->
#ur$ose
#ur'%ase of Ho+e Furnis%in"s A onsu+er Dura&!e "oods <in'!udes 'o!or T.V., .ideo
'a+era A refri"erator A ,as%in" +a'%ine A +usi' syste+ A air8'onditioners A 'oo-in"
syste+ et'>.
#ur'%ase of .e%i'!e i.e. t,o8,%ee!er A four8,%ee!er.
#ur'%ase of La$to$ A #.
#ur'%ase of any ne, e!e'troni' "ad"ets !i-e 4o&i!e, i8#od, Handy'a+ et'.
Tar"et 6rou$
1or-in" 6en8Ne/t #o,er <5D Fa'i!ity>
#rodu't Nature
T%is is a s$e'ia! Sa.in"s De$osit $rodu't %a.in" an in &ui!t feature of o.erdraft fa'i!ity
to &e a.ai!a&!e at 6en8Ne/t #une &ran'%.
Tar"et 6rou$
T%e $rodu't is tar"eted to ,or-in" e/e'uti.es and ot%er ,or-in" $rofessiona!s.
Our Bank`s Staff members are not e!i"i&!e to a.ai! t%e $rodu't.
. Gen-Next Suvidha ;
#rodu't Nature ;
T%is is a Re'urrin" De$osit $rodu't ena&!in" t%e 'usto+er to +a-e re"u!ar sa.in"s on
+ont%!y &asis and earn %i"%er interest.
usto+er Se"+ent ;
Indi.idua!s in t%eir sin"!e A (oint na+es.
4inors of a"e =B years and a&o.e (oint!y ,it% t%eir $arents A natura! "uardians.
4inors &e!o, =B years a"e t%rou"% t%eir $arents.
DEBIT CARD :
Bank of Baroda International Debit Card is a''e$ted at o.er EBBBB Visa E!e'tron AT4s in
India and =BBBBBB AT4s ,or!d,ide. T%e 'ard is a!so a''e$ted at any CEBBBB +er'%ant
out!ets in India and around ?H +i!!ions "!o&a!!y. T%e 'ard ena&!es you to en(oy t%e
'on.enien'e of 'as%8!ess $ur'%asin" $o,er ,it%out t%e fear of o.erdra,in" your a''ount
Key Benefits
Ta-e ad.anta"e of t%e +ost ,ide!y a''e$ted 'ard and &e a&!e to ,it%dra, fro+ any
AT4 dis$!ayin" t%e VISA !o"o, in India and a&road.
At VISA E!e'tron +er'%ant s%o$s, it 'an a!so ser.e as your e!e'troni' $urse, and
+oney "ets de&ited instant!y fro+ your a''ount, as you $ay.
T%e ard a!!o,s you to "et +ini8state+ents fro+ Ban- of Baroda AT4s, or to '%e'-
t%e &a!an'e in your a''ount, a.oidin" .isits to e.en our nearest &ran'%es.
Remittances (Baroda Money Express >;
Business re!ations "et stren"t%ened and add to t%e trust ,%en finan'ia! dea!in"s %a$$en on
ti+e. T%e Baroda 4oney E/$ress remittance facility ensure instant $ay+ents and transfer of
funds, sa.in" you and your asso'iates fro+ ,aitin" end!ess!y for funds to "et 'redited.
T%is fa'i!ity is a.ai!a&!e for &ot% retai! and 'or$orate 'usto+ers ena&!in" effi'ient and easy
transfer of +oney. So no +ore de!ays in transfer of funds ty$i'a! of Ban-erIs %e3ue, De+and
Drafts, 4ai! Transfers and Te!e"ra$%i' Transfers.
T%e fa'i!ity is a.ai!a&!e at CDE &ran'%es a'ross EC 'entres in India in'!usi.e of a!! &ran'%es in
A%+eda&ad, Ban"a!ore, %ennai, De!%i, Hydera&ad, 4u+&ai, and #une.
Key Benefits:
an &e used to transfer +oney to t%e &enefi'iaryIs a''ount in t%e sa+e &an-, or anot%er
&an- or e.en to t%eir residentia!Aoffi'e address, t%us offerin" 'on.enient o$tions.
T%is e!e'troni' re+ittan'e is t%e fastest ,ay of transferrin" +oney fro+ one $!a'e.
Demat;
T%e De$ository syste+ ,as introdu'ed in India +ore t%an a de'ade &a'-.
Today t%e ,ord KDe+atK is ,e!! -no,n and +ost of t%e in.estors are 'on.ersant ,it% t%e
De+at of s%ares and se'urities.
#resent!y, t%ere are on!y t,o de$ositories fun'tionin" in India and t%ey are;8
i. Nationa! Se'urities De$ository Li+ited <NSDL> and
ii. entra! De$ository Ser.i'es <India> Li+ited <DSL>.
Finan'ia! Institutions, &an-s, 'ustodians and sto'-&ro-ers 'o+$!yin" ,it% t%e re3uire+ents
$res'ri&ed &y Se'urities R E/'%an"e Board of India <SEBI> 'an &e re"istered as a De$ository
#arti'i$ant <D#>.
A "Depository Participant" is an a"ent of t%e De$ository <NSDL or DSL> ,%o is
aut%ori0ed to offer de$ository ser.i'es to in.estors. T%us to o$en a De+at a''ount of an
in.estor, a &an- or its &ran'% %as to "et re"istered .
Baroda Health:
"Baroda Health" (Mediclaim Insurance Policy) for Bank`s Account holders.
1it% a .ie, to offer .a!ue added ser.i'es to our 'usto+ers, ,e %a.e de.e!o$ed a 'o8&randed
insuran'e $rodu't 'a!!ed as KBarodaHea!t%K <4edi'!ai+ Insuran'e #o!i'y> for Ban-Is A''ount
%o!ders ,.e.f. ?Crd Fe&ruary ?BB7 available at all our branches across the country.
What is Baroda Health Policy?
It is a 4edi'a! Insuran'e S'%e+e, a.ai!a&!e only to account holders of our Bank, ,%i'%
ta-es 'are of t%e %os$ita!i0ation e/$enses in'urred &y t%e 'usto+er u$ to t%e a+ount of su+
insured, in res$e't of t%e fo!!o,in" e.entua!ities.
Any i!!ness A disease
A''identa! in(ury andA or any ai!+ent.
Any sur"ery t%at is re3uired in res$e't of any disease or a''ident t%at %as arisen durin"
t%e $o!i'y $eriod
T%e +ini+u+ %os$ita!i0ation s%ou!d &e for ?D %ours.
Collection Services U
Outward Bills for Collection:
A!! &ran'%es of Bank of Baroda %a.e t%e fa'i!ity of 'o!!e'tin" %e3ues, De+and Drafts,
Interest 1arrants, Di.idend 1arrants, Refund 5rders, !ean Bi!!s and Do'u+entary Bi!!s
fro+ 'usto+ers and .arious 'entres.. A!! %e3ues and ot%er instru+ents are 'o!!e'ted into
$ro$er!y introdu'ed a''ounts and sent for 'o!!e'tion on t%e day of re'ei$t fro+ t%e 'usto+ers
or t%e ne/t ,or-in" day.
Time Bound Collection:
A!! &ran'%es of Bank of Baroda are $ro+$t in ter+s of t%e 'o!!e'tions and for,ardin" of
'%e3ues and ot%er instru+ents. For +etro 'ities, ,%en finan'ia! instru+ents are $resented in a
&ran'%, t%e $ro'eeds are 'redited to t%e 'usto+erIs a''ount on t%e sa+e day in t%e fo!!o,in"
,ee-. For state 'a$ita!s, <and 'entres ,it% +ore t%an =BB &ran'%es>, a+ount is 'redited on!y
after =B days. If t%ese instru+ents are not 'o!!e'ted ,it%in =D days of !od"e+ent, interest V
?L $er annu+ o.er sa.in"s &an- rate is $aid and is 'redited to t%e 'usto+erIs a''ount, ,it%out
t%e 'usto+er %a.in" to '!ai+ it.
Bran'%es a!so a''e$t re3uests for 'o!!e'tion of Loan ertifi'ates A FDRs issued &y Goint Sto'-
os.J $ri0e +oney of Lottery Ti'-ets, Forei"n urren'y Notes et'. T%e &an- !e.ies ser.i'e
'%ar"es as sti$u!ated fro+ ti+e to ti+e.
Inward Bills for Collection:
Bi!!s of E/'%an"e, #ro+issory Notes, HundiIs et'. <!ean A Do'u+entary>, $aya&!e !o'a!!y &ut
re'ei.ed fro+ outstation &ran'%es A &an-s A $arties are treated as KIn,ard Bi!!s for o!!e'tionK.
A!so, Bi!!s re'ei.ed fro+ Bank of Baroda &ran'%es and fro+ ot%er &an-s, dire't!y fro+
dra,ers or outstation $arties are treated as Usan'e <WW> Bi!!s.
BOB Quick:
T%e Funds 'o!!e'ted in t%is offerin" are 'redited to t%e 'usto+erIs a''ount ,it%in a "uaranteed
$eriod of F days. Bank of Baroda's BOB Quick ensures a &etter 'o!!e'tion ser.i'e, ,%i'%
'reates ne, a.enues of in'o+e and ensures &etter in.est+ent of funds. A!! '%e3ues a+ountin"
to Rs. ?EBBBA8 and a&o.e are dra,n on se!e't &an-s and are e!i"i&!e for "Quick inter station
clearing". Rs. EBA8 $er $a'-et is '%ar"ed for 'ourier '%ar"es ,it% an additiona! &ut no+ina!
'o!!e'tion '%ar"e.
National Clearing Special Facilities:
T%is $rodu't is an underta-in" &y t%e Reserve Bank of India, for inter 'ity '!earin" of
'%e3ues &et,een t%e four +etro$o!itan 'entres of De!%i, 4u+&ai, %ennai and a!'utta.
Key Benefits
Sett!e+ent of transa'tions on t%e &asis of net .a!ue of instru+ents.
A!! finan'ia! instru+ents are '!eared $ro+$t!y ,it% t%e introdu'tion of +e'%anised
'%e3ue $ro'essin", a'%ie.ed t%rou"% 4IR te'%no!o"y. T%e 'on'e$t of '!earin" %as
&een e/tended to '!earan'e of outstation '%e3ues a!so.
In addition to t%e four +etro$o!itan 'entres, 'ertain ot%er 'entres %a.e a!so &een
identified for "One Way National Clearing". T%ese 'entres are Na"$ur, A%+eda&ad,
Hydera&ad, Ban"a!ore, #ondi'%ery, Tri'%y, Tri.endru+, Ve!!ore, Baroda, Erode,
4adurai, and +ore.
ElectronicClearingServices(ECS):
T%is is a uni3ue syste+ under ,%i'% Bank of Baroda %e!$s 'o+$anies and institutions
+a-in" %ea.y $ay+ents dis&urse t%ese a+ounts dire't!y into t%e &an- a''ounts of t%e
&enefi'iaries su'% as a''ount %o!ders, s%are%o!ders, in.estors et'.
WholesaleBanking;
Ban- %as identified t%e fo!!o,in" ne, &usiness se"+ents as a ste$ to,ard &e'o+in" 4u!ti
S$e'ia!ist Ban-.
1%o!esa!e <Lar"e R 4id or$orates>
Ur&an Retai!
S+a!! R 4ediu+ Enter$rises
Rura!AA"ri Business
Under 1%o!esa!e Ban-in" t%e 'or$orate 'usto+ers are identified as Lar"e and 4id 'or$orates.
o+$anies %a.in" annua! sa!es turno.er of o.er Rs. EBB 'rore are '!assified as Lar"e
or$orate and t%ose %a.in" annua! sa!es turno.er &et,een Rs =BB 'rore to EBB 'rore are
'!assified as 4id or$orate.
TREASURY:
Do+esti'5$erations
Bank of Baroda %as set u$ dedi'ated des-s at t%e SITB, %eaded &y e/$erien'ed $rofessiona!s,
for underta-in" .arious ty$es of treasury a'ti.ities in different finan'ia! +ar-ets. A$art fro+
a'ti.ities $ertainin" to +ana"e+ent of funds and !i3uidity, t%e do+esti' treasury a!so %and!es
finan'ia! instru+ents !i-e;
o++er'ia! #a$ers <#>
ertifi'ate of De$osits <D>
6o.ern+ent Se'urities
Treasury Bi!!s <TB>
Bonds and De&entures
E3uities and .arious ot%er deri.ati.es.
T%e $rodu'ts and ser.i'es offered &y SITB 'ater to t%e inter8&an- +ar-et as ,e!! as to t%e
or$orate 'usto+ers of t%e &an-. T%e Ban- is an a'ti.e $arti'i$ant &ot% in t%e inter8&an-
+ar-et and t%e 'or$orates for a!! t%e $rodu'ts.
T%e Ban- offers its 'usto+ers, in'!udin" fir+s, 'o+$anies, 'or$orate &odies, institutions,
$ro.ident funds trusts, Re"iona! Rura! Ban-s, Ur&an oo$erati.e Ban-s and Non8Ban-in"
Finan'ia! o+$anies o$$ortunities to in.est in 6o.ern+ent Se'urities as a!!o,ed &y Reser.e
Ban- of India for non8'o+$etiti.e &iddin".
ForexOperations;
Bank of Baroda, one of t%e +a(or $u&!i' se'tor &an-s in India %a.in" a stron" "!o&a!
$resen'e ,it% a ,ide net,or- of 7= o.erseas offi'es, in'!udin" t%ose of su&sidiaries, s$read
o.er =7 'ountries, is 'onsidered as a +ar-et !eader in forei"n e/'%an"e o$erations in India. At
$resent t%e Ban- is %a.in" &ran'%es A offi'es in 'ountries !i-e USA, UK, Be!"iu+, Sout%
Afri'a, Hon" Kon", UAE, 5+an, Fi(i Is!ands, 4auritius, Sey'%e!!es, Ba%a+as, 6uyana,
Kenya, U"anda and Sa+&ia
T%e Ban- %as 'o+$!eted fifty years of o$erations in o.erseas territories and is $oised to
e/$and its rea'% to 'ountries !i-e Tan0ania and %ina, a$art fro+ 'onso!idatin" its o.erseas
o$erations in t%ose 'ountries ,%ere t%e &an- %as a!ready +ade its $resen'e fe!t.
T%e +odern state8of8t%e8art dea!in" roo+ at its S$e'ia!ised Inte"rated Treasury Bran'% <SITB>
at 4u+&ai $ro.ides t%e ne'essary ,%ere,it%a! to its HE desi"nated &ran'%es a'ross t%e !en"t%
and &readt% of t%e 'ountry aut%ori0ed to %and!e forei"n e/'%an"e &usiness of its '!iente!e. T%e
&an- %as retained its $ri+a'y as a !eadin" +ar-et +a-er &ot% in s$ot and for,ard +ar-ets,
a!on" ,it% forei"n e/'%an"e s,a$ +ar-ets.
T%e fore/ dea!in" des- at t%e SITB is $ro.ided ,it% a!! +odern 'o++uni'ation fa'i!ities and
is in t%e $ro'ess of !in-in" a!! its aut%ori0ed &ran'%es .ia Reuters Auto+ated Dea!in" Syste+,
to $ro.ide on8!ine 3uotes for forei"n e/'%an"e transa'tions.
T%rou"% its !ar"e net,or- of aut%ori0ed &ran'%es, t%e &an- 'aters to t%e forei"n e/'%an"e
needs of its '!iente!e en"a"ed in e/$ort and i+$ort trade and t%e SITB $ro.ides rates for
'on.ersion of a!! +a(or ,or!d 'urren'ies !i-e U S Do!!ar, Ster!in" #ounds, Euro, S,iss Fran's,
Ga$anese Yen and ot%er e/oti' 'urren'ies. T%e ser.i'es to t%e 'usto+ers of t%e Ban- in'!ude
%ed"in" of forei"n 'urren'y ris-s &y $ro.idin" for,ard 'o.ers and .arious deri.ati.es
$rodu't.
IN RURAL SET5R ;
Bank`s passion for Rural Development
Ban- of Baroda, sin'e its in'e$tion on ?Bt% Gu!y =HB9 &y t%e "reat .isionary 4a%ara(a
Saya(irao 6ae-,ard III, %as &een in t%e forefront for so'ia! 'o++it+ent ,it% its inno.ati.e
a$$roa'%es and $rodu'ts. A $assion for a"ri'u!ture and rura! de.e!o$+ent and to ser.e t%e
'o++on +an is in"rained in t%e Ban-2s $%i!oso$%y.
In t%e $ast, t%e Ban- %as ta-en a nu+&er of initiati.es su'% as o$enin" of s$e'ia!i0ed out!ets of
6ra+ Vi-as Kendras <6VKs> and 4u!ti Ser.i'e A"en'ies <4SAs>. Baroda S,aro("ar Vi-as
Sanst%an <BSVS> is anot%er initiati.e for 'a$a'ity &ui!din" &y $ro.idin" a$$ro$riate trainin"
for s-i!! u$"radation to une+$!oyed yout% and ,o+en for t%eir "ainfu! e+$!oy+ent.
Centenary Year commitments
Durin" t%e entenary Year, t%e Ban- is 'o++itted to 'ontinue its initiati.es to,ards
or$orate So'ia! Res$onsi&i!ities. Baroda 6ra+een #ara+ars% Kendra <B6#K> : a 'entre for
Kno,!ed"e S%arin", #ro&!e+ so!.in" and redit ounse!in" for t%e Rura! o++unity, is one
of su'% initiati.es.
Concept :
For t%e rura! 'o++unity, es$e'ia!!y for t%e far+ers, t%ere is a &i" ~Knowledge Gap in
finan'ia! !itera'y, &etter far+in" $ra'ti'es, te'%no!o"y ado$tion, di.ersifi'ation of
o$$ortunities, +ar-et !in-ed $ri'es, .a!ue addition ser.i'es offered &y .arious institutions,
,o+en e+$o,er+ent and a!so for e+$!oy+ent o$$ortunities for rura! yout%. In addition to
t%is, t%e defi'ien'iesA i"noran'e a&out 'redit re!ated re$ay+ent durin" distress situations 'a!!
for 'redit 'ounse!in".
1it% a .ie, to assist t%e rura! 'o++unity, t%e Ban- %as 'on'e$tua!ised )Baroda 6ra+een
#ara+ars% Kendra <B6#K>* and its i+$!e+entation &y t%e dedi'ated tea+, ,%i'% ,ou!d &ui!d
t%e 'onfiden'e of t%e rura! $eo$!e.
Activities to be covered:
Finan'ia! Edu'ation and Finan'ia! In'!usion
Infor+ation s%arin" and $ro&!e+ so!.in" on te'%ni'a! issues
redit 'ounse!in"
Ser.i'es offered; <I!!ustrati.e 5n!y>
1. Financial Education and Financial Inclusion:
o S$readin" )Finan'ia! A,areness* a+on" rura! +asses t%rou"% .i!!a"e !e.e!
+eetin"s and %e!$ t%e+ to '%oose suita&!e &an-in" $rodu'ts.
o =BBL Finan'ia! In'!usion in E8=B .i!!a"es.
2. Information sharing and problem solving:
o Interfa'e sessions ,it% t%e Su&(e't 4atter S$e'ia!ists fro+ Kno,!ed"e
institutions !i-e A"ri. Uni.ersities, KVKs, N65s, et'.
o #ro.idin" e/tension ser.i'es to t%e far+ers &y or"ani0in" A $arti'i$atin" in
6ra+een +e!as, TV R Radio ta!-s, Fi!+ A #u$$et s%o,s, et'.
o 4aintainin" a s+a!! !i&rary 'ontainin" &oo-s, (ourna!s, audio8.isua! aids, et'.
o Infor+ation on t%e $ri'es of A"ri'u!ture 'o++odities in .arious +andis a'ross
t%e 'ountry so t%at t%e far+ers 'an se!! t%eir $rodu'ts at &est $ri'e.

3. Credit Counseling:
o #ro.idin" 'redit 'ounse!in" on re$ay+ent $attern, re$%ase+ent,
res'%edu!e+ent and fres% 'redit durin" distress situations for rura! $eo$!e.
Baroda Fi/ed De$osit A''ount
1%y (ust !et your +oney id!e, ,%en you 'an id!e it ,it% interestW
De$endin" on t%e $eriod, our .arious fi/ed de$osit $rodu'ts %e!$ you "et t%e &est out of your
sa.in"s &y offerin" you "ood interest rates.
En(oy &ot% se'urity and 'o+$etiti.e rates of interest on your de$osits ,it% any of t%e
fo!!o,in" $rodu'ts. !i'- ea'% $rodu't for +ore infor+ation.
For Deposits upto 12 months:
o Short Deposits
For Deposits over 12 months:
o Fast Access Deposit Scheme
o BoB Flexible Fixed Deposit Scheme
o Regular Income Plan
AGRICULTURE:
A6RIULTURAL FINANE SHE4ES ;
A"ri'u!ture &ein" t%e &a'-&one of t%e Indian E'ono+y, Ban- of Baroda, is 'ontri&utin"
si"nifi'ant!y in a''e!eratin" t%e $a'e of rura! de.e!o$+ent &y $ro.idin" finan'e to far+ers &y
,ay of fo!!o,in" a"ri'u!ture $rodu'ts.
Baroda Kisan redit ard <BK>8 E+$o,erin" t%e far+er ; T%e BK fa'i!ity
desi"ned e/'!usi.e!y for t%e &enefit of t%e far+ers ai+s to $ro.ide t%e+ t%e
o$$ortunity to +ana"e and uti!ise t%eir funds in t%e +anner t%ey dee+ fit. BK
$ro.ide ade3uate and ti+e!y su$$ort to far+ers for t%eir $rodu'tion needs e.".
$ur'%ase of 3ua!ity in$uts, in.est+ent re3uire+ents !i-e $ur'%ase of a"ri'u!ture
i+$!e+entsAtra'tor et', far+in" e/$enses to,ards far+ +aintenan'e, unforeseen
fa+i!y e/$enses <'onsu+$tion> and +aintenan'e of non8far+ a'ti.ities.
#ur'%ase of a"ri'u!tura! i+$!e+ents in'!udin" indi"enous i+$ro.ed ones &ein" uti!ised
for fie!d o$erations in'!udin" %ar.estin"Asortin"A"radin", for not on!y to far+ers, &ut
a!so for !and8!ess !a&ourers.
Small Scale Industries
A Small Scale Industrial Unit, is one ,%i'% is en"a"ed in t%e +anufa'ture,
$ro'essin" or $reser.ation of "oods or is a ser.i'in" and re$air ,or-s%o$ underta-in"
re$airs of +a'%inery used for $rodu'tion, +inin" or 3uarryin" or 'usto+ ser.i'e unit
<e/'e$t ,ater ser.i'e units>, %a.in" in.est+ents in $!ant and +a'%inery <ori"ina! 'ost>
not e/'eedin" Rs. = rore.
Bank of Baroda %as s$e'ia! Loans and Advances for t%e $ur$ose of fi/ed 'a$ita!
in.est+ent and a!so for ,or-in" 'a$ita! re3uire+ent.
Baroda General Credit Card Scheme (BGCC):
Ban- of Baroda $resents a tai!or8+ade redit ard S'%e+e for t%e 'iti0ens &e!on"in" to t%e
rura! and se+i8ur&an $arts of India. Baroda 6enera! redit ard S'%e+e <B6> is desi"ned
to $ro.ide %ass!e free and easy 'redit a''ess to $eo$!e in t%e rura! and se+i8ur&an areas.
Key Benefits
No insisten'e on se'urity, $ur$ose or end8use of 'redit
U$to a +a/i+u+ !i+it of Rs.?EBBBA8
Un!i+ited nu+&er of ,it%dra,a!s and re$ay+ents <,it%in t%e 'redit !i+it>
Bank of Baroda Next Has Miles to go!
ABOUT US
Ban- of Baroda, one of IndiaIs o!dest and !ar"est #SU &an-s, %as a!,ays +ade a 'on'erted
effort to stay in tune ,it% '%an"in" ti+es and 'onsu+er $referen'es.
BARODA NEXT - ~ STATE-OF-THE-ART- STRAIGHT FROM THE HEART*
Baroda Ne/t is Ban- of BarodaIs initiati.e to offer %i"%8te'% &an-in" so!utions ,it%out !osin"
t%e %u+an tou'%. It ai+s to &rin" in ne, te'%no!o"ies, syste+s and $ro'esses to offer fast,
$ro+$t and $a$er!ess &an-in" so!utions. At t%e sa+e ti+e, it a!so fo'uses on nurturin" !on"
ter+ re!ations%i$s and su$erior 'usto+er ser.i'e.
STICKMAN
T%e $rota"onist Sti'-+an is our 'usto+er ,%o dis'o.ers t%e (oy of te'%no!o"y in &an-in"
,it% Ban- of Baroda. In a series of ads, sti'- +an fa'es a nu+&er of tri'-y situations ,%i'% %e
reso!.es usin" Ban- of Baroda2s ser.i'es in a %u+orous and endearin" +anner. You ,i!!
e/$erien'e t%e +a"i' as you furt%er surf t%e $a"es of t%is site
PRODUCT OF BARODA NEXT:
ONLINE PAYMENT OF INSURANCE PREMIUMS
To un!eas% t%e $o,er of te'%no!o"y for t%e 'on.enien'e of our 'usto+ers, ,e %a.e de.ised a
series of e8&an-in" $rodu'ts and ser.i'es.
T%rou"% Baroda onne't internet &an-in" fa'i!ity, ,e !et you $ay your insuran'e $re+iu+
on!ine so t%at you donIt %a.e to run around to $ay your $re+iu+s.
Be'ause at Ban- of Baroda, ,e understand ti+e is .ery $re'ious to you, and ,e are 'o++itted to
'o+$!i+ent your effort to do t%in"s faster ,it% !ess strain or stress to you.
HOME LOAN: MOVE INTO DREAM HOME IN 6 DAYS:
You donIt %a.e to ,ait for your drea+ %o+e for !on". T%rou"% si+$!ified $ro'essin" syste+s, ,e
offer you %o+e !oan in (ust 7 days. T%e !oan is a.ai!a&!e for 'onstru'tion of ne, %ouse, $ur'%ase of
ne,Ao!d %ouseAf!atAresidentia! $!ot and e/tensionAreno.ation of e/istin" %ouseAf!at.
Loans are a!so a.ai!a&!e for t%ose ,%o ,is% to transfer t%eir e/istin" %o+e !oan fro+ anot%er
finan'ia! institutionA&an- to Ban- of Baroda.
ONLINE UTILITY BILLS PAYMENT :
To un!eas% t%e $o,er of te'%no!o"y for t%e 'on.enien'e of our 'usto+ers, ,e %a.e de.ised a series of
e8&an-in" $rodu'ts and ser.i'es.
No, you 'an sto$ ,orryin" a&out due dates of your &i!!s and !i.e a re!a/ed !ife as ,e +a-e !ife easier
&y offerin" Baroda onne't internet &an-in" fa'i!ity to $ay your &i!!s on!ine.
Be'ause at Ban- of Baroda, ,e understand ti+e is .ery $re'ious to you, and ,e are 'o++itted to
'o+$!i+ent your effort to do t%in"s faster ,it% !ess strain or stress to you.
INDIAFIRST LIFE INSURANCE:
1oint venture on bank of baroda & Legal & General & Andhra Bank
GOLD COIN:
Ban- of Baroda offers sa!e of ?D Karat HHH.H $ure S,iss +ade "o!d 'oins ,it% Assay ertifi'ation in
t%e deno+ination of ?, D, E R 9 "ra+s in round s%a$e and =B "ra+s &ar. T%ese 'oins are a.ai!a&!e for
sa!e at se!e't #5S Bran'%es. Baroda Vidyast%a!i Loan
Baroda Vidyasthali Loan is a s$e'ia! s'%e+e for finan'in" Edu'ationa! Institutions.
PURPOSE
To +eet t%e finan'ia! re3uire+ents for settin" u$ t%e institutions ,%i'% in'!udes 'onstru'tion of
&ui!din", $ur'%ase of e3ui$+ent et'. for t%e ne, set u$ as a!so reno.ation of t%e e/istin" fa'i!ities,
$ur'%ase of instru+ents for i+$artin" edu'ation trainin" to t%e students.
Baroda Arogyadham Loan:
PURPOSE
To +eet t%e finan'ia! re3uire+ents for settin" u$ of ne, Nursin" Ho+eAHos$ita! in'!udin"
#at%o!o"i'a! La&oratory, E/$ansionAreno.ationA+oderni0ation of e/istin" Nursin" Ho+eA Hos$ita!
in'!udin" #at%o!o"i'a! La&oratory, #ur'%ase of +edi'a! dia"nosti' e3ui$+ents as a!so offi'e
e3ui$+ents, .i0. 'o+$uters, air 'onditioners, offi'e furniture, #ur'%ase of a+&u!an'e et' and to +eet
,or-in" 'a$ita! re3uire+ents.
Baroda Artisans Credit Card (BACC):
PURPOSE
To $ro.ide ade3uate and ti+e!y assistan'e to t%e artisans to +eet t%eir 'redit re3uire+ents 8
&ot% in.est+ent needs as ,e!! as ,or-in" 'a$ita! 8 in a f!e/i&!e and 'ost effe'ti.e +anner. T%e
s'%e+e is i+$!e+ented in rura! and ur&an areas.
Loans Under Interest Subsidy Eligibility Certificate Scheme of Khadi & Village Industries
Commission (KVIC-ISEC)
Purpose
To finan'e institutiona! finan'in" a"en'ies for !endin" to K%adi R Vi!!a"e Industries
CREDIT CARD:
BOBCARD EXCLUSIVE WOMAN

DESCRIPTION
B5BARD E/'!usi.e 1o+an ard is a tri&ute to t%e "!orious ,o+en of India ,%o are a''!ai+ed for
t%eir 'ontri&utions to t%e %u+an 'i.i!i0ation. B5BARDS $resents t%is ard to offer its "ratitude to t%e
"reat ,o+en sou!s of t%e !and.
T%is 'ard is ,e!'o+ed at o.er ?H +i!!ion 4er'%ant Esta&!is%+ents and o.er 9,BB,BBB AT4s
MARKETING STRATEGY OF THIRD PARTY PRODUCT IN GENERAL AND NON
LIFE PRODUCT :
History of insurance
Insuran'e &e"an as a ,ay of redu'in" t%e ris- of traders, as ear!y as EBBB B in %ina and
DEBB B in Ba&y!on. Life insuran'e dates on!y to an'ient Ro+eJ K&uria! '!u&sK 'o.ered t%e
'ost of +e+&ersI funera! e/$enses and %e!$ed sur.i.ors +onetari!y. 4odern !ife insuran'e
started in =Ft% 'entury En"!and, ori"ina!!y as insuran'e for traders
XFY
; +er'%ants, s%i$ o,ners
and under,riters +et to dis'uss dea!s at L!oydIs offee House, $rede'essor to t%e fa+ous
L!oydIs of London.
T%e first insuran'e 'o+$any in t%e United States ,as for+ed in %ar!eston, Sout% aro!ina in
=FC?, &ut it $ro.ided on!y fire insuran'e. T%e sa!e of !ife insuran'e in t%e U.S. &e"an in t%e
!ate =F7Bs. T%e #res&yterian Synods in #%i!ade!$%ia and Ne, Yor- 'reated t%e or$oration
for Re!ief of #oor and Distressed 1ido,s and %i!dren of #res&yterian 4inisters in =FEHJ
E$is'o$a!ian $riests or"ani0ed a si+i!ar fund in =F7H. Bet,een =F9F and =9CF +ore t%an t,o
do0en !ife insuran'e 'o+$anies ,ere started, &ut fe,er t%an %a!f a do0en sur.i.ed.
#rior to t%e A+eri'an i.i! 1ar, +any insuran'e 'o+$anies in t%e United States insured t%e
!i.es of s!a.es for t%eir o,ners. In res$onse to &i!!s $assed in a!ifornia in ?BB= and in I!!inois
in ?BBC, t%e 'o+$anies %a.e &een re3uired to sear'% t%eir re'ords for su'% $o!i'ies. Ne, Yor-
Life for e/a+$!e re$orted t%at Nauti!us so!d D9E s!a.e%o!der !ife insuran'e $o!i'ies durin" a
t,o8year $eriod in t%e =9DBsJ t%ey added t%at t%eir trustees .oted to end t%e sa!e of su'%
$o!i'ies =E years &efore t%e E+an'i$ation #ro'!a+ation.
Insuran'e de.e!o$ed fro+ t%e fourteent% 'entury as a +eans of s$readin" %u"e ris-s attendant
on ear!y +ariti+e enter$risesJ !ife and fire insuran'e de.e!o$ed !ater. T%e +ain '!asses of
insuran'e are !ife and ot%er $ersona! insuran'e, +arine insuran'e, a''ident or $ro$erty
insuran'e and !ia&i!ity insuran'e ,%en t%e su+ &e'o+es $aya&!e ,%en !e"a! !ia&i!ity is
in'urred as for $ersona! in(uries or $rofessiona! ne"!i"en'e to anot%er.
LIFE INSURANCE :
!ife insuran'e is a 'ontra't &et,een t%e insurer and t%e policy owner ,%ere&y a &enefit is $aid
to t%e desi"nated &enefi'iaries if an insured e#ent o''urs ,%i'% is 'o.ered &y t%e $o!i'y. In
return, t%e $o!i'y o,ner a"rees to $ay a sti$u!ated a+ount at re"u!ar inter.a!s or in !u+$ su+s.
T%ere +ay &e desi"ns in so+e 'ountries ,%ere &i!!s and deat% e/$enses $!us 'aterin" for after
funera! e/$enses s%ou!d &e in'!uded in #o!i'y #re+iu+. In t%e United States, t%e $redo+inant
for+ si+$!y s$e'ifies a !u+$ su+ to &e $aid on t%e insuredIs de+ise.
Life8&ased 'ontra'ts tend to fa!! into t,o +a(or 'ate"ories;
#rote'tion $o!i'ies 8 desi"ned to $ro.ide a &enefit in t%e e.ent of s$e'ified e.ent,
ty$i'a!!y a !u+$ su+ $ay+ent. A 'o++on for+ of t%is desi"n is ter+ insuran'e.
In.est+ent $o!i'ies 8 ,%ere t%e +ain o&(e'ti.e is to fa'i!itate t%e "ro,t% of 'a$ita! &y
re"u!ar or sin"!e $re+iu+s. o++on for+s <in t%e US any,ay> are ,%o!e !ife,
uni.ersa! !ife and .aria&!e !ife $o!i'ies.
Types of life insurance
Life insuran'e +ay &e di.ided into t,o &asi' '!asses : te+$orary and $er+anent or
fo!!o,in" su&'!asses 8 ter+, uni.ersa!, ,%o!e !ife and endo,+ent !ife insuran'e.
T%ere are t%ree -ey fa'tors to &e 'onsidered in ter+ insuran'e;
Fa'e a+ount <$rote'tion or deat% &enefit>,
#re+iu+ to &e $aid <'ost to t%e insured>
Len"t% of 'o.era"e <ter+>
Various insuran'e 'o+$anies se!! ter+ insuran'e ,it% +any different 'o+&inations of t%ese
t%ree $ara+eters. T%e fa'e a+ount 'an re+ain 'onstant or de'!ine. T%e ter+ 'an &e for one or
+ore years. T%e $re+iu+ 'an re+ain !e.e! or in'rease. o++on ty$es of ter+ insuran'e
in'!ude Le.e!, Annua! Rene,a&!e and 4ort"a"e insuran'e. Le.e! Ter+ $o!i'y %as t%e
$re+iu+ fi/ed for a $eriod of ti+e !on"er t%an a year. T%ese ter+s are 'o++on!y E, =B, =E,
?B, ?E, CB and e.en CE years. Le.e! ter+ is often used for !on" ter+ $!annin" and asset
+ana"e+ent &e'ause $re+iu+s re+ain 'onsistent year to year and 'an &e &ud"eted !on" ter+.
At t%e end of t%e ter+, so+e $o!i'ies 'ontain a rene,a! or 'on.ersion o$tion. 6uaranteed
Rene,a!, t%e insuran'e 'o+$any "uarantees it ,i!! issue a $o!i'y of e3ua! or !esser a+ount
,it%out re"ard to t%e insura&i!ity of t%e insured and ,it% a $re+iu+ set for t%e insuredIs a"e at
t%at ti+e. So+e 'o+$anies %o,e.er do not "uarantee rene,a!, and re3uire $roof of
insura&i!ity to +iti"ate t%eir ris- and de'!ine rene,in" %i"%er ris- '!ients <for instan'e t%ose
t%at +ay &e ter+ina!>. Rene,a! t%at re3uires $roof of insura&i!ity often in'!udes a 'on.ersion
o$tions t%at a!!o,s t%e insured to 'on.ert t%e ter+ $ro"ra+ to a $er+anent one t%at t%e
insuran'e 'o+$any +a-es a.ai!a&!e. T%is 'an for'e '!ients into a +ore e/$ensi.e $er+anent
$ro"ra+ &e'ause of anti se!e'tion if t%ey need to 'ontinue 'o.era"e. Rene,a! and 'on.ersion
o$tions 'an &e .ery i+$ortant ,%en se!e'tin" a $ro"ra+.
What is General Insurance?

Insuran'e ot%er t%an OLife Insuran'e2 fa!!s under t%e 'ate"ory of 6enera! Insuran'e. 6enera!
Insuran'e 'o+$rises of insuran'e of $ro$erty a"ainst fire, &ur"!ary et', $ersona! insuran'e
su'% as A''ident and Hea!t% Insuran'e, and !ia&i!ity insuran'e ,%i'% 'o.ers !e"a! !ia&i!ities.
T%ere are a!so ot%er 'o.ers su'% as Errors and 5+issions insuran'e for $rofessiona!s, 'redit
insuran'e et'.
Non8!ife insuran'e 'o+$anies %a.e $rodu'ts t%at 'o.er $ro$erty a"ainst Fire and a!!ied $eri!s,
f!ood stor+ and inundation, eart%3ua-e and so on. T%ere are $rodu'ts t%at 'o.er $ro$erty
a"ainst &ur"!ary, t%eft et'. T%e non8!ife 'o+$anies a!so offer $o!i'ies 'o.erin" +a'%inery
a"ainst &rea-do,n, t%ere are $o!i'ies t%at 'o.er t%e %u!! of s%i$s and so on. In res$e't of
insuran'e of $ro$erty, it is i+$ortant t%at t%e 'o.er is ta-en for t%e a'tua! .a!ue of t%e $ro$erty
to a.oid &ein" i+$osed a $ena!ty s%ou!d t%ere &e a '!ai+. 1%ere a $ro$erty is under.a!ued for
t%e $ur$oses of insuran'e, t%e insured ,i!! %a.e to &ear a rata&!e $ro$ortion of t%e !oss T%ere
are "enera! insuran'e $rodu'ts t%at are in t%e nature of $a'-a"e $o!i'ies offerin" a
'o+&ination of t%e 'o.ers +entioned a&o.e. For instan'e, t%ere are $a'-a"e $o!i'ies a.ai!a&!e
for %ouse%o!ders, s%o$ -ee$ers and a!so for $rofessiona!s su'% as do'tors, '%artered
a''ountants et'. A$art fro+ offerin" standar 'o.ers, insurers a!so offer 'usto+i0ed or tai!or8
+ade ones. Insurin" anyt%in" ot%er t%an %u+an !ife is 'a!!ed "enera! insuran'e. E/a+$!es are
insurin" $ro$erty !i-e %ouse and &e!on"in"s a"ainst fire and t%eft or .e%i'!es a"ainst
a''identa! da+a"e or t%eft. In(ury due to a''ident or %os$ita!i0ation for i!!ness and sur"ery 'an
a!so &e insured. Your !ia&i!ities to ot%ers arisin" out of t%e !a, 'an a!so &e insured and is
'o+$u!sory in so+e 'ases !i-e +otor t%ird $arty insuran'e.
THIRD PARTY INSURANCE;
T%ere are t,o 3uite different -inds of insuran'e in.o!.ed in t%e da+a"es syste+. 5ne is T%ird
#arty !ia&i!ity insuran'e, ,%i'% is (ust 'a!!ed !ia&i!ity insuran'e &y insuran'e 'o+$anies and
t%e ot%er one is first $arty insuran'e.
A t%ird $arty insuran'e $o!i'y is a $o!i'y under ,%i'% t%e insuran'e 'o+$any a"rees to
inde+nify t%e insured $erson, if %e is sued or %e!d !e"a!!y !ia&!e for in(uries or da+a"e done to
a t%ird $arty. T%e insured is one $arty, t%e insuran'e 'o+$any is t%e se'ond $arty, and t%e
$erson you <t%e insured> in(ure ,%o '!ai+s da+a"es a"ainst you is t%e t%ird $arty.
Salient Features of Third Party Insurance
Z T%ird $arty insuran'e is 'o+$u!sory for a!! +otor .e%i'!es. In 6. 6o.indan .. Ne, India
Assuran'e o. Ltd.X?Y,T%ird $arty ris-s insuran'e is +andatory under t%e statute .T%is
$ro.ision 'annot &e o.erridden &y any '!ause in t%e insuran'e $o!i'y.
Z T%ird $arty insuran'e does not 'o.er in(uries to t%e insured %i+se!f &ut to t%e rest of t%e
,or!d ,%o is in(ured &y t%e insured.
Z Benefi'iary of t%ird $arty insuran'e is t%e in(ured t%ird $arty, t%e insured or t%e $o!i'y
%o!der is on!y no+ina!!y t%e &enefi'iary of t%e $o!i'y. In $ra'ti'e t%e +oney is a!,ays $aid
dire't &y t%e insuran'e 'o+$any to t%e t%ird $arty <or %is so!i'itor> and does not e.en $ass
t%rou"% t%e %ands of t%e insured $erson.
Z In t%ird $arty $o!i'ies t%e $re+iu+s do not .ary ,it% t%e .a!ue of ,%at is &ein" insured
&e'ause ,%at is insured is t%e O!e"a! !ia&i!ity2 and it is not $ossi&!e to -no, in ad.an'e ,%at
t%at !ia&i!ity ,i!! &e.
Z T%ird $arty insuran'e is a!+ost entire!y fau!t8&ased.<+eans you %a.e to $ro.e t%e fau!t of
t%e insured first and a!so t%at in(ury o''urred fro+ t%e fau!t of t%e insured to '!ai+ da+a"es
fro+ %i+>
Z T%ird $arty insuran'e in.o!.es !a,yers aid
Z T%e t%ird $arty insuran'e is un$o$u!ar ,it% insuran'e 'o+$anies as 'o+$ared to first $arty
insuran'e, &e'ause t%ey ne.er -no, t%e +a/i+u+ a+ounts t%ey ,i!! %a.e to $ay under t%ird
$arty $o!i'ies.
THIRD PARTY PRODUCT :
LIFE INSURANCE: - INDIAFIRST LIFE INSURANCE
GENERAL INSURANCE: - BARODA HEALTH & NICL
1OINT VENTURE OF:
& &
Vision:
Become a life insurance and pensions business leader in providin sinificant value for all
sta!e"olders t"rou" true customer deli"t#
Bank of Baroda; is t%e Crd !ar"est $u&!i' se'tor &an- in t%e 'ountry ,it% an en.ia&!e net,or-
of o.er CBBB &ran'%es t%at s$reads a'ross t%e "eo"ra$%y of India and o.er FB &ran'%es a'ross
?? 'ountries "!o&a!!y[ T%is &e%e+ot% finan'ia! institution is o.er =BB years o!d and %as &een
&ui!t on finan'ia! $ruden'e, 'or$orate "o.ernan'e and +ost i+$ortant!y : t%e trust of .a!ua&!e
'usto+ers !i-e you.
Andhra Bank %as &een ser.in" t%e Indian 'usto+er for o.er 9E years and 'urrent!y %as a
net,or- of o.er =EBB &ran'%es. T%e &an- %as de.e!o$ed &est in '!ass de$osit and !endin"
s'%e+es for its .a!ued 'usto+ers.
Bot% t%e &an-s are nationa!i0ed and $ro.ide &est in '!ass $rodu'ts and ser.i'es to e.ery Indian
'iti0en.
Legal & General is one of UK2s !eadin" finan'ia! institutions ,it% a %erita"e of o.er =EB
years. It $ro.ides !ife assuran'e, $ensions, in.est+ents and "enera! insuran'e $!ans to o.er E
'rore 'usto+ers a'ross 'ountries. Le"a! and 6enera! &rin"s ri'% fund +ana"e+ent and
insuran'e e/$erien'e into India and as$ires to $ro.ide first8rate $rodu'ts and ser.i'es to t%e
doorste$ of e.ery Indian 'usto+er in 'on(un'tion ,it% t%e ? trusted $u&!i' se'tor &an-s.India
First Life Insuran'e o. Ltd. is a C ,ay (oint .enture of Ban- of Baroda, And%ra Ban- and
Le"a! R 6enera! <UK>, in ,%i'% Ban- of Baroda %o!ds +a(or s%are of DDL and re+ainin"
CBL R ?7L are s%ared &et,een And%ra Ban- and Le"a! R 6enera! <UK> res$e'ti.e!y. Ban-
of Baroda entered into a Strate"i' 4ar-etin" tie8u$ ,it% t%e 'o+$any for distri&ution of its
!ife insuran'e $rodu'ts a'ross t%e Ban-2s &ran'%es on =?t% No.e+&er, ?BBH at 4u+&ai.
Ban-in" %anne! is one of t%e &est $!atfor+s for rea'%in" out to t%e +asses +ore $arti'u!ar!y
in rura! and se+i8ur&an area ,%ere t%e .ast $otentia! !ies for insuran'e &usiness. Ban-2s foray
into !ife insuran'e &usiness t%rou"% t%is (oint .enture route ,i!! %e!$ its 'usto+ers to %a.e
'on.enien'e of a!! at one $!a'e at t%e &ran'%es of t%e Ban- in 'aterin" to t%eir insuran'e needs.
T%e o+$any sin'e $!ans to initia!!y fo'us on &an'assuran'e +ode!, it ,i!! &e !ar"e!y
&enefited &y t%e Ban-2s !ar"e $resen'e t%rou"%out t%e 'ountry in au"+entin" its &usiness.
1it% t%is tie8u$, t%e Ban-2s 'usto+ers ,i!! "et easy a''ess to t%e insuran'e s'%e+es of India
First Life Insuran'e o. Ltd. T%is (oint .enture &rin"s to"et%er a rea! understandin" of t%e
Indian 'onsu+ers &y t%e $ro+oter &an-s ,it% internationa! &est $ra'ti'es de.e!o$ed &y Le"a!
R 6enera!. 1e ai+ to $ro.ide ,or!d '!ass $rodu'ts and ser.i'es t%at are 'usto+i0ed to +eet
t%e re3uire+ents of t%e Indian 'onsu+er. T%e t%ree $ro+oters $ut to"et%er %a.e o.er C7B
'o+&ined years of ser.i'e to 'usto+ers a'ross t%e ,or!d an en.ious a'%ie.e+ent. T%e
'o+$any $!ans to initia!!y fo'us on t%e &an'assuran'e +ode!. It $!ans to !e.era"e t%e e/istin"
'usto+er &ase %3 %4,r 5# 5-++-%1 ./s)%5,rs %3 )$, *r%5%),r 6'1&s s*r,'7 '.r%ss
485## 6r'1.$,s -1 )$, .%/1)r2. E'.$ 6'1& $'s -)s %01 s,(5,1)')-%1 '17 *r%3-+, %3
./s)%5,rs. B%)$ $'4, ' $/(, s,5- /r6'1 '17 r/r'+ 1,)0%r&. T$, .$'++,1(, 3%r )$,
.%5*'12 -s )% %*)-5'++2 ,9*+%-) )$, ,1)-r, *%),1)-'+ *r%4-7,7 62 6%)$ B'1& %3
B'r%7' '17 A17$r' B'1&. T$, 1,0 .%r*%r'), -7,1)-)2 r,*r,s,1)s )$, .%5*'12:s
$ersona!ity. IndiaFirst ai+s to &e +odern in its out!oo-, 'reati.e in its a$$roa'%, ener"eti' in
its attitude, fo'us on $rin'i$!es, '%eerfu! and .i&rant yet si+$!e and '!ear in its
'o++uni'ation. It ai+s to a!,ays $!a'e t%e Indian 'onsu+er First in e.eryt%in" it does. 5ur
$%i!oso$%y of $uttin" t%e 'usto+er First to"et%er ,it% our 'ost effe'ti.e distri&ution +ode!,
,i!! ena&!e us to +a-e a rea! !on"8ter+ 'ontri&ution to t%e Indian e'ono+y &y &roadenin" t%e
'%oi'es a.ai!a&!e to our 'usto+ers as t%ey %ar.est t%e fruits of t%eir e'ono+i' su''ess and
in.est t%e+ for a sta&!e !on" ter+ future for t%e+se!.es and t%eir fa+i!ies. T%ey are a
testi+ony to t%e 'o++it+ent of our $ro+oters of a!,ays $uttin" our 'usto+ers First in
e.eryt%in" ,e do. 1e re$resent IndiaIs ne, found 'onfiden'e, its reso!.e, "rit and s$irit. T%e
,a.e in t%e !o"o re$resents t%e 'o!ors of t%e t%ree $ro+oters Ban- of Baroda, And%ra Ban-
and Le"a! R 6enera!. Dr. Nanda"o$a! added, IndiaFirst is an o$en, +odern and %ard,or-in"
or"ani0ation. 1e &e!ie.e in doin" t%in"s ri"%t for t%e 'usto+er, t%e distri&utors and our
s%are%o!ders. 1e as a 'o+$any are 'o++itted to $ro.idin" .a!ue for +oney $rodu'ts and
ser.i'e ,9.,++,1., )% %/r ./s)%5,rs.
IndiaFirst Life Insuran'e %as, so far, 'o!!e'ted Rs ?BB 'rore as $re+iu+ in four +ont%s of
o$erations and is a!! set to re!ease +ore $rodu'ts in t%e 'urrent finan'ia! year, a''ordin" to Dr
#. Nand"a"o$a!, 4ana"in" Dire'tor and E5.At a $ress +eet %ere on T%ursday, %e said t%e
'o+$any \ a (oint .enture &et,een t%e And%ra Ban-, t%e Ban- of Baroda and Le"a! R
6enera!\ %ad +ade ra$id strides, ,it% on!y t%ree $rodu'ts. )T%e 'o+$any is offerin"
IndiaFirst Edu'ation #!an, IndiaFirst Sa.in"s #!an and IndiaFirst Future #!an. 1e ,i!! re!ease
t,o +ore $rodu'ts on A$ri! ?= 8 redit!ife and 6rou$ter+. In t%e 'urrent finan'ia! year, ,e
are $!annin" si/ to ei"%t ne, $rodu'ts,* %e said.He said t%e 'o+$any 'urrent!y ,as se!!in" its
$rodu'ts t%rou"%C,BBB &ran'%es of And%ra Ban- and Ban- of Baroda.)Bot% t%e &an-s $ut
to"et%er %a.e D,EBB &ran'%es and ,e ,i!! in a fe, +ore +ont%sI ti+e e/tend our ser.i'es to
a!! t%e &ran'%es,* %e added.)In future, t%e $rodu'ts +ay &e so!d t%rou"% t%e re"iona! rura!
&an-s of &ot%And%ra Ban- as ,e!! as Ban- of Baroda, %e said.Dr Nanda"o$a! said t%e
'o+$any ,as a!so $!annin" to %a.e of its o,n and in And%ra #rades% initia!!y t%ree &ran'%es
,ou!d &e set u$ \ one ea'% in Hydera&ad, Vi(aya,ada and Visa-%a$atna+.
Durin" t%e 'urrent finan'ia! year, EB su'% inde$endent &ran'%es +ay &e set u$ in t%e
'ountry.He said, )5ur ai+ is to offer si+$!e $rodu'ts suited to t%e needs of our 'usto+ers,
fair!y $ri'ed and trut%fu!!y de!i.ered. 1e insist on s%o,in" t%e audio8.isua!s to our 'usto+er
and e/$!ain a!! t%e features of t%e $rodu'ts to t%e+.*
SALIENT FEATURES AND BENEFITS:
You 'an &ui!d your sa.in"s 'or$us syste+ati'a!!y, t%rou"% in.est+ents in .arious
funds.
You se'ure t%e future of your fa+i!y, as t%ey "et an assured !u+$ su+ &enefit
i++ediate!y, in 'ase of your unti+e!y deat%.
You %a.e t%e o$tion to in.est in de&t, e3uity or a &a!an'ed fund, ,%ere you '%oose t%e
$ro$ortion of your in.est+ent into ea'%[
You 'an +a-e t%e +ost of your in.est+ents &y Os,it'%in"2 fro+ one fund to anot%er.
You %a.e t%e o$tion to &ui!d u$ your 'or$us t%rou"% additiona! de$osits.
You "et easy a''ess to your +oney &y &ein" a&!e to ,it%dra, $artia!!y.
Under Se'tion 9B you 'an en(oy Ta/ Benefits on t%e $re+iu+ you in.est.
You a!so "et ta/ &enefits on t%e &enefits you re'ei.e at +aturity of your $ay+ent.
PRODUCT OF INDIAFIRST INSURANCE:
Your child, your pride. Our responsibilityK
1e understand t%at, as a $arent, you ,ant to "i.e not%in" &ut t%e &est to your '%i!d. Be it your
'%i!d2s edu'ation or any drea+. You ,i!! not a!!o, anyt%in" to 'o+e in t%e ,ay of your
'%i!d2s su''ess.
To %e!$ you "i.e your '%i!d e.eryt%in" t%at you %a.e drea+t of, ,e %a.e introdu'ed t%e
IndiaFirst Edu'ation #!an.
BENEFITS AND FEATURES;
Your '%i!d ,i!! a!,ays re'ei.e funds at e.ery +o+entous o''asion in %isA%er !ife.
Be it Hi"% S'%oo! A o!!e"eA #rofessiona! 'ourse or any ot%er !ife e.ent[
Your '%i!d "ets finan'ia! se'urity e.en if any unto,ard in'ident resu!ts in your deat% A
disa&i!ity.
1e ,i!! do t%is &y $ayin" t%e re+ainin" $re+iu+s into your $o!i'y.
Your '%i!d, ,%o ,e +ay a!so refer as t%e O Benefi'iary O, re'ei.es t%e Fund Va!ue at
4aturitye.en if t%e OSu+ Assured2 %as &een $aid out on t%e unfortunate in'ident of
your de+ise.
You %a.e t%e o$tion to in.est in de&t, e3uity or a &a!an'ed fund, ,%ere you '%oose t%e
$ro$ortion of your in.est+ent into ea'%[
You 'an +a-e t%e +ost of your in.est+ents &y Os,it'%in"2 fro+ one fund to anot%er.
You %a.e t%e o$tion to &ui!d u$ your 'or$us t%rou"% additiona! de$osits.
You "et easy a''ess to your +oney &y &ein" a&!e to ,it%dra, $artia!!y.
Under Se'tion 9B and =B<=BD> you 'an en(oy Ta/ Benefits on t%e $re+iu+ you
in.est

You evolve, you mature... And we help you prosper"
T%e &est years of OLife2 ou"%t to &e your retire+ent years.
You %a.e ,or-ed %ard a!! your !ife, and you deser.e t%e &est t%in"s in !ife in t%ese "o!den
years.
1e identify ,it% you. 1e are t%erefore $resentin" t%e $erfe't $!an t%at ,i!! e+$o,er you for
t%is "o!den $eriod. T%e IndiaFirst Future $!an %e!$s you set8aside +oney in your $ri+e years
,%en are "eneratin" in'o+e and en(oy a %ea!t%y !u+$ su+ or a steady in'o+e in your
retire+ent years.
BENEFITS AND FEATURES
You 'an '%oose t%e a"e at ,%i'% you ,ant to retire.
You %a.e t%e o$tion to in.est in De&t, E3uity or a Ba!an'ed fund, ,%ere you '%oose
t%e $ro$ortion of your in.est+ent into ea'%[
You 'an +a-e t%e +ost of your in.est+ents &y Os,it'%in"2 fro+ one fund to anot%er.
You %a.e t%e o$tion to &ui!d u$ your retire+ent 'or$us t%rou"% additiona! de$osits.
You "et easy a''ess to your +oney &y &ein" a&!e to ,it%dra, $artia!!y.
You 'an en(oy ta/ free returns u$ to =ACrd of t%e fund .a!ue as at your '%osen date of
retire+ent <'a!!ed Vestin" A"e>.
You dream, you aspire.. And we help you achieve[
Ea'% of us as$ires to o,n a %ouse, drea+s of e/oti' o.erseas
.a'ations, ,is%es to fund our '%i!dren in a!! t%eir !ife2s e.ents, %o$es to %a.e suffi'ient
retire+ent funds]
T%e IndiaFirst Sa.in"s #!an %e!$s you "ro, and de.e!o$ a &ody of ,ea!t% t%rou"% +ar-et
!in-ed in.est+ents. 1e %e!$ you sa.e syste+ati'a!!y and $ro.ide you a.enues to in.est your
sa.in"s in funds, on t%e &asis of your ris- a$$etite.
BENEFITS AND FEATURES:
Your '%i!d ,i!! a!,ays re'ei.e funds at e.ery +o+entous o''asion in %isA%er !ife.
Be it Hi"% S'%oo! A o!!e"eA #rofessiona! 'ourse or any ot%er !ife e.ent[
Your '%i!d "ets finan'ia! se'urity e.en if any unto,ard in'ident resu!ts in your deat% A
disa&i!ity.
1e ,i!! do t%is &y $ayin" t%e re+ainin" $re+iu+s into your $o!i'y.
Your '%i!d, ,%o ,e +ay a!so refer as t%e O Benefi'iary O, re'ei.es t%e Fund Va!ue at
4aturitye.en if t%e OSu+ Assured2 %as &een $aid out on t%e unfortunate in'ident of
your de+ise.
You %a.e t%e o$tion to in.est in de&t, e3uity or a &a!an'ed fund, ,%ere you '%oose t%e
$ro$ortion of your in.est+ent into ea'%[
You 'an +a-e t%e +ost of your in.est+ents &y Os,it'%in"2 fro+ one fund to anot%er.

Your protection, our security.
BENEFITS AND FEATURES:
En(oy t%e &enefits of a !ife 'o.er for a $eriod of u$
to CB years at an e/tre+e!y reasona&!e $ri'e
T%e !ife assuredIs fa+i!y is se'ured, as t%ey "et an
assured !u+$ su+ &enefit i++ediate!y, in 'ase of
t%e !ife assuredIs unti+e!y deat%
Under Se'tion 9B you 'an en(oy ta/ &enefits on
t%e $re+iu+ you in.est
^ Under Se'tion =B <=BD> your fa+i!y a!so "ets ta/
&rea- on t%e &enefits t%ey re'ei.e fro+ your $!an
Risk factors
T%ere is no +aturity or sur.i.a! &enefit $aya&!e
under t%is $!an
^ t%is is a non $arti'i$atin" $ure ter+
assuran'e
Your people, your trust. our accountability

BENE;ITS AND ;EATURES:
You 'an no, $ro.ide !ife 'o.er at reasona&!e rates to your +e+&ers : &e it your
e+$!oyees or your 'usto+ers.
You %a.e t%e f!e/i&i!ity to auto+ati'a!!y 'o.er t%e !ife of a!! your +e+&ers or offer it
as a .o!untary s'%e+e ,%ere your +e+&ers +ay '%oose to $arti'i$ate.
You %a.e t%e f!e/i&i!ity to '%oose &et,een t%ree $re+iu+ $ayin" fre3uen'ies.
T%e $!an $ro.ides you t%e f!e/i&i!ity of addin" ne, +e+&ers durin" t%e $!an year.
You 'an a!so o$t for t%e E+$!oyees De$osit Lin-ed Insuran'e <EDLI> s'%e+e under
t%is $!an.
T%e $!an is rene,ed year!y.
Risk factors:
T%e su+ assured is $aid to t%e no+inee t%rou"% you, t%e +aster $o!i'y%o!der
You +ay dedu't any a+ount due &efore $ayin" t%e $ro'eeds to t%e no+inee. Ho,e.er,
t%is is not a$$!i'a&!e under EDLI
4ini+u+ "rou$ si0e is EB.
Ta/ !a,s are su&(e't to '%an"e fro+ ti+e to ti+e. #!ease s$ea- to your ta/ 'onsu!tant
&efore de'idin" to in.est in any finan'ia! $!annin" too!. #!ease read t%e entire &ro'%ure
to understand %o, t%is $!an 'an ,or- for you.
You build your dreams, we help protect them.
BENEFITS AND FEATURES:
You 'an en%an'e your $rodu't offerin" &y 'o+&inin" insuran'e ,it% your 'redit or
!oan $rodu'ts
You 'an $rote't your assets a"ainst un'ertainty.
1e %e!$ you do t%is &y $ayin" t%e outstandin" !oan a+ount in t%e unfortunate e.ent of
t%e +e+&er2s de+ise
You %a.e t%e f!e/i&i!ity to '%oose t%e 'o.era"e and t%e +ode of $ay+ent you ,ant to
offer your +e+&ers.
IndiaFirst Annuity Plan:
T%is is a traditiona! I++ediate Annuity $!an, ,%i'% 'an &e $ur'%ased &y $ayin" a !u+$ su+
a+ount. You "et t%e '%oi'e to se!e't your retire+ent a"e, and ,e $ay you a fi/ed annuity on a
+ont%!y &asis for !ife.
Key Features
^ You 'an '%oose your retire+ent a"e as $er your needJ You 'an rea$ t%e returns startin"
anyti+e &et,een DB and 9B years.
^ You 'an re'ei.e a definite re"u!ar +ont%!y in'o+e t%rou"% your years of retire+ent.
?. WHAT IS THE ELIGIBILITY FOR ENTERING THE PLAN?
T%e e!i"i&i!ity 'riterion is as under;
4ini+u+ a"e at entry DB years <attained>
4a/i+u+ a"e at entry 9B years <attained>
C.WHAT IS THE MODE FOR PAYMENT OF PREMIUMS?
T%is is !i-e a sin"!e $re+iu+ $o!i'y. You +a-e a sin"!e !u+$ su+ $ay+ent to enter t%e $!an. T%is
$ay+ent is 'a!!ed t%e $ur'%ase $ri'e $aid t%rou"% '%e3ue, DD or ES.
4.WHAT IS THE TERM FOR ANNUITY PAYOUTS?
T%e ter+ for annuity $ayouts is as fo!!o,s;
Ter+ for Annuity $ayouts Sin"!e Life Annuity
i.e. ,e ,i!! $ay you t%e annuity ti!! as !on" as you !i.e.
IN GENERAL INSURANCE WE HAVE TIE UP WITH NATIONAL INSURANCE
COMPANY LIMITED WHICH PROVIDE BARODA HEALTH POLICY :
COMPANY PROFILE:
National Insurance Company Limited ,as in'or$orated in =HB7 ,it% its Registered office
in Kolkata. onse3uent to $assin" of t%e 6enera! Insuran'e Business Nationa!isation A't in
=HF?, ?= Forei"n and == Indian o+$anies ,ere a+a!"a+ated ,it% it and National &e'a+e a
su&sidiary of 6enera! Insuran'e or$oration of India <6I> ,%i'% is fu!!y o,ned &y t%e
6o.ern+ent of India. After t%e notifi'ation of t%e 6enera! Insuran'e Business
<Nationa!isation> A+end+ent A't, on F
t%
Au"ust ?BB?, National %as &een de8!in-ed fro+ its
%o!din" 'o+$any 6I and $resent!y o$eratin" as a 6o.ern+ent of India underta-in".
Nationa! Insuran'e o+$any Ltd <NI> is one of t%e !eadin" $u&!i' se'tor insuran'e
'o+$anies of India, 'arryin" out non !ife insuran'e &usiness. Head3uartered in Ko!-ata, NIIs
net,or- of a&out =BBB offi'es, +anned &y +ore t%an =7,BBB s-i!!ed $ersonne!, is s$read o.er
t%e !en"t% and &readt% of t%e 'ountry 'o.erin" re+ote rura! areas, to,ns%i$s and +etro$o!itan
'ities. NIIs forei"n o$erations are 'arried out fro+ its &ran'% offi'es in Ne$a!.
Befittin"!y, t%e $rodu't ran"es, of +ore t%an ?BB $o!i'ies offered &y NI 'ater to t%e di.erse
insuran'e re3uire+ents of its 14 million $o!i'y%o!ders. Inno.ati.e and 'usto+i0ed $o!i'ies
ensure t%at e.en s$e'ia!i0ed insuran'e re3uire+ents are fu!!y ta-en 'are of.
Nationa! Insuran'e o Ltd a,arded KMost Preferred Non Life InsurerK &y CNBC AWAAZ
Consumer Awards 2009

WE ARE:
T%e fastest "ro,in" Non8!ife Insuran'e o+$any in India T%e se'ond !ar"est Non8!ife
Insuran'e o+$any in India Internationa!!y re'o"ni0ed as one of t%e to$ E 6enera! Insuran'e
o+$anies in t%e Asia #a'ifi'.
CUSTOMER SERVICE INITIATIVES
Esta&!is%in" onne'ti.ity a+on" =BBB offi'es ,it% in t%e 'ountry Fa'i!ity to "et #o!i'y
t%rou"% NET Tie8u$s ,it% !eadin" Ban-s, or$orate Se'tors, State 6o.ern+ent on'i!iatory
Fora for fa'i!itatin" 3ui'- sett!e+ent of 4otor T%ird #arty '!ai+s, o+$ro+ise sett!e+ent,
Lo- Ada!at and Ga!d Ra%at Yo(ana.Sona! Ad.isory o++ittees set u$ to +aintain $ro"ress.
PRODUCT DEVELOPMENT
4ore t%an ?BB $rodu'ts a.ai!a&!e to 'ater to t%e needs of .arious se'tors of t%e
e'ono+y.
ontinuous $rodu't de.e!o$+ent to +eet e+er"in" needs of so'iety and industry.
RRD 'e!! set u$ at Head 5ffi'e for distin'ti.e $rodu't inno.ation re!e.ant to
indi"enous 'onditions and rura! +asses.
T%e $aid8u$ s%are 'a$ita! of National is Rs.=BB 'rores. Startin" off ,it% a $re+iu+ &ase of
EBB +i!!ion ru$ees <EB 'rores ru$ees> in =HFD, NIIs "ross dire't $re+iu+ in'o+e %as steadi!y
"ro,n to D?FHH +i!!ion ru$ees <D?FH.H 'rores ru$ees> in t%e finan'ia! year ?BB98?BBH.
National transa'ts "enera! insuran'e &usiness of Fire, 4arine and 4is'e!!aneous insuran'e.
T%e o+$any offers $rote'tion a"ainst a ,ide ran"e of ris-s to its 'usto+ers. T%e o+$any is
$ri.i!e"ed to 'ater its ser.i'es to a!+ost e.ery se'tor or industry in t%e Indian E'ono+y .i0.
Ban-in", Te!e'o+, A.iation, S%i$$in", Infor+ation Te'%no!o"y, #o,er, 5i! R Ener"y,
A"rono+y, #!antations, Forei"n Trade, Hea!t%'are, Tea, Auto+o&i!e, Edu'ation,
En.iron+ent, S$a'e Resear'% et'.
Nationa! Insuran'e is t%e se'ond !ar"est non !ife insurer in India %a.in" a !ar"e +ar-et
$resen'e in Nort%ern and Eastern India.
T%e steady "ro,t% in $re+iu+ in'o+e %as &een 'o++ensurate!y +at'%ed &y $rofits o.er t%e
years. As of 4ar'% ?BBH, NIIs "enera! reser.e stood at =CB9B.E +i!!ion ru$ees <=CB9.BE
'rores ru$ees> ,it% a net ,ort% of EB=E.HF +i!!ion ru$ees <EB=.EH 'rores ru$ees> si"na!in"
stron" finan'ia! funda+enta!s. No ,onder t%an t%at NI %as &een a''orded )AAAASTABLE*
finan'ia! stren"t% ratin" &y RISIL ratin" a"en'y, ,%i'% ref!e'ts t%e %i"%est finan'ia! stren"t%
to +eet $o!i'y%o!ders2 o&!i"ations.
Ban-in", Te!e'o+, A.iation, S%i$$in", Infor+ation Te'%no!o"y, #o,er, 5i! R Ener"y,
A"rono+y, #!antations, Forei"n Trade, Hea!t%'are, Tea, Auto+o&i!e, Edu'ation,
En.iron+ent, S$a'e Resear'% et'.
Nationa! Insuran'e is t%e se'ond !ar"est non !ife insurer in India %a.in" a !ar"e +ar-et
$resen'e in Nort%ern and Eastern India.
T%e steady "ro,t% in $re+iu+ in'o+e %as &een 'o++ensurate!y +at'%ed &y $rofits o.er t%e
years. As of 4ar'% ?BBH, NIIs "enera! reser.e stood at 13080.5 million rupees (1308.05
crores rupees) ,it% a net ,ort% of 5015.97 million rupees (501.59 crores rupees) si"na!in"
stron" finan'ia! funda+enta!s. No ,onder t%an t%at NI %as &een a''orded ~AAA/STABLE
financial strength rating by CRISIL ratin" a"en'y, ,%i'% ref!e'ts t%e %i"%est finan'ia!
stren"t% to +eet $o!i'y%o!ders2 o&!i"ations.
POLICIES:
45T5R #5LIY ; T15 1HEELER
#o!i'y inde+nifies &ona fide o,ner of T,o ,%ee!er, used for $ersona! $ur$oses a"ainst t%e
!oss due to da+a"e A t%eft A &ur"!ary of .e%i'!e or any $art t%ere of, e!e'tri'a! a''essories and
a!so in'!udes 'o.er a"ainst !ia&i!ity to,ards t%ird $arty $ersona! in(ury and $ro$erty da+a"e=.

BARODA HEALTH;
Baroda Hea!t% $o!i'y is a uni3ue Hea!t% 'u+ A''ident #o!i'y desi"ned es$e'ia!!y for t%e aA'
%o!ders of Ban- of Baroda. T%e entire fa+i!y 'onsistin" of t%e aA' %o!der, s$ouse and ?
de$endent '%i!dren 'an &e 'o.ered under t%is $o!i'y. T%is $o!i'y 'o.ers Hos$ita!i0ation
e/$enses for aA'. %o!der and fa+i!y. In 'ase of Hos$ita!i0ation E/$enses, t%e entire fa+i!y is
'o.ered for t%e F!oater Su+ Insured as o$ted for, i.e., eit%er one or a!! +e+&ers of t%e fa+i!y
'an uti!i0e t%e Su+ Insured durin" t%e $o!i'y $eriod.
"Baroda Health" (Mediclaim Insurance Policy) for Bank`s Account holders.
1it% a .ie, to offer .a!ue added ser.i'es to our 'usto+ers, ,e %a.e de.e!o$ed a 'o8&randed
insuran'e $rodu't 'a!!ed as KBarodaHea!t%K <4edi'!ai+ Insuran'e #o!i'y> for Ban-Is A''ount
%o!ders ,.e.f. ?Crd Fe&ruary ?BB7 available at all our branches across the country.
What is Baroda Health Policy?
It is a 4edi'a! Insuran'e S'%e+e, a.ai!a&!e only to account holders of our Bank, ,%i'%
ta-es 'are of t%e %os$ita!i0ation e/$enses in'urred &y t%e 'usto+er u$ to t%e a+ount of su+
insured, in res$e't of t%e fo!!o,in" e.entua!ities.
Any i!!ness A disease
A''identa! in(ury andA or any ai!+ent.
Any sur"ery t%at is re3uired in res$e't of any disease or a''ident t%at %as arisen durin"
t%e $o!i'y $eriod
T%e +ini+u+ %os$ita!i0ation s%ou!d &e for ?D %ours
Key Benefits :
Very !o, $re+iu+
In t%is 'o8&randed $rodu't, sin"!e $re+iu+ <"enera!!y $aya&!e for a sin"!e
$erson> is $aya&!e and 4edi'a! Hea!t% insuran'e 'o.er is a.ai!a&!e to fa+i!y of
8D8 <se!f, s$ouse and ? de$endent '%i!dren> u$ to t%e a+ount insured ,it%out
any additiona! $re+iu+.
A +e+&er or a!! t%e +e+&ers in insured fa+i!y 'an a.ai! %os$ita!i0ation
&enefits durin" t%e $o!i'y $eriod, to t%e e/tent of a""re"ate su+ not e/'eedin"
t%e su+ insured.
#re+iu+ $aid is e!i"i&!e for In'o+e Ta/ e/e+$tion under Se'tion 9B D as $er
In'o+e Ta/ Ru!es.
Salient features:
No +edi'a! e/a+ination re3uired for 'o++en'e+ent of %ea!t% 'o.er.
#re8e/istin" diseases a!so "et 'o.era"e after C 'ontinuous '!ai+8free $o!i'y
years.
o.era"e o$tions a.ai!a&!e; 9 s!a&s ran"in" fro+ Rs. EB,BBBA8 to Rs. E,BB,BBBA8
$er fa+i!y of =PC.
U$$er a"e !i+it of $ri+ary +e+&er <first na+ed $erson> is a!!o,ed u$to 9B
years, if a $erson o&tains t%e insuran'e 'o.er &efore 'o+$!etion of 7E years and
'ontinue to rene, t%e $o!i'y u$to t%e a"e %e ,is%es to or 9B years, ,%i'%e.er is
ear!ier.
T%e s'%e+e is ad+inistered t%rou"% T%ird #arty Ad+inistrators <T#As> for
sett!e+ent of Hos$ita!i0ation !ai+s under t%e insuran'e 'o.er.
T%e insured indi.idua!s "et 'as%!ess %os$ita!i0ation fa'i!ity a!so in t%e se!e'ted
%os$ita!s t%rou"% T#As. T%e ,%o!e $ro'ess is %ass!e8free and treat+ent u$to
t%e !i+it of insuran'e is a.ai!a&!e ,it%out any $ay+ent at t%e ti+e of ad+ission
or dis'%ar"e. #ay+ent of %os$ita! &i!! u$ to t%e su+ insured ,i!! &e ta-en 'are
of &y t%e T#A dire't!y.
Mediclaim Policy
=. Sa!ient Feature
?. S'o$e of o.er
C. Additiona! Features
D. E/'!usions
1. Salient Feature

Hos$ita!isation for i!!ness, disease or a''ident, ,%et%er in'!udin" sur"ery or not, i+$oses
%ea.y finan'ia! &urden on indi.idua!s, fa+i!ies, e+$!oyers and ,e!fare &odies.
2. Scope Of Cover

4edi'!ai+ insuran'e $o!i'y %as &een de.ised under t%e ae"is of t%e 6o.ern+ent of India.
T%e $o!i'y $ro.ides t%e fo!!o,in" &enefits.

=> Rei+&urse+ent of %os$ita!i0ation e/$enses ,%i'% are reasona&!y and ne'essari!y in'urred,
under t%e fo!!o,in" %eads;
Roo+, &oardin" e/$enses as $ro.ided &y t%e %os$ita!Anursin" %o+e.Fees of sur"eon,
anest%etist, +edi'a! $ra'titioner, 'onsu!tant and s$e'ia!isE/$enses on a''ount of anest%esia,
&!ood, o/y"en, o$eration t%eatre '%ar"es, sur"i'a! a$$!ian'es, +edi'ines and dru"s,
dia"nosti' +ateria!, T8ray, dia!ysis, '%e+ot%era$y, radiot%era$y, 'ost of $a'e+a-er, artifi'ia!
!i+&s and 'ost of or"ans and si+i!ar e/$enses.



ANALYSIS
@=.Do -no, a&out t%e insuran'e W
Yes No Tota!
EF C 7B
#er'enta"eL HE E
E.ery one in
-no, a&out
insuran'e
HEL $eo$!e
are a,are
a&out
insuran'e
$o!i'y of
different
'o+$any,and
t%ey -no,
t%at
insuran'e
"i.e se'urity
to fa+i!y so
t%at '%i!dren edu'ation "o a%ead and +a-e !ife easy and finan'ia!!y stron".
@?..Are you a,are a&out t%e insuran'e $o!i'y $ro.ide &y t%e &an-W
Yes No Tota!
DC =F 7B
$er'enta"e F? ?9
F?L $eo$!e are a,are a&out t%e insuran'e $ro.ide t%e &an- and on!y ?9L are not a,are
@C. .If yes t%en ,%i'% !ife insuran'e or "enera! insuran'e you are usin" W
a> !ife insuran'e $o!i'y <LI>
&> Re!ian'e !ife insuran'e
'>Ba(a( insuran'e
d>HDF insuran'e
e>Indiafirst !ife insuran'e
f>"enera! insuran'e8 NIL et'..
@D .Fro+ %o, !on" you are usin" !ife insuran'e of t%at 'o+$anyW
?years E years =B years A&o.e
=Byears
tota!
=C ?? =H 9 7?
L ?B.H CE.D CB.7 =?.H
4a/i+u+ $eo$!e are usin" insuran'e fro+ o.er !ast E years <CEL>, =C L are usin" insuran'e
fro+ ? years , C=L are usin" fro+ =B years.
@E. .,%at is ti+e inter.a! of your $re+iu+ $ay+ent W
4ont%!y 3uater!y annua!!y Ha!f year!y tota!
F 8 E? = 7B
L ==.7 97.7 =.7
97L $eo$!e $ay t%eir $re+iu+ $ay+ent &y annua!!y a''ordin" to t%eir annua! in'o+e,==.7L
$ay +ont%!y and on!y ?L $ay t%eir $re+iu+ %a!f year!y and no one $ay 3uater!y a''oordin"
to sur.ey re$ort.
@7 .Are you a,are a&out t%e insuran'e of $o!i'y of &an- of &arodaW
Yes No tota!
?B DB 7B
L DB 7B
5n!y CCL $eo$!e -no, a&out Indiafirst ,%i'% is t%e (oint .enture of Ban- of Baroda R !e"a!
R "enera! R And%ra &an- and 7FL $eo$!e don2t -no, a&out t%e Indiafirst insurann'e due to
!a'- of a,areness , !a'- of +ar-etin" strate"y and t%e +ost i+$ortant t%in" is Indiafirst in
started in ?BBH in No.e+&er so, it is .ery ne, 'o+$any in 'o+$are to LI.Re!ian'e,Ba(a(
A!!ian0 et' it ta-es ti+e to 'a$ture t%e +ar-et.
@F. If yes t%en ,%i'% insuran'e $o!i'y you are usin" W
a> Indiafirt !ife insuran'e
&>NIL
4any $eo$!e %a.e o$t "enera! insuran'e !i-e NIL and +any "o for Indiafirst insuran'e.
@9 .1%i'% features do you !i-e or dis!i-e of t%at $rodu'tW
a> sa.in" $!an
&>future $!an
'>edu'ation $!an
d> ter+ $!an <,%i'% re'ent!y start under +y trainin" $eriod>
<". H'4, 2%/ )'&,1 -1s/r'1., 3%r 2%/r .$-+7r,1 =
Yes No tota!
DF =C 7B
$er'enta"e F9.C ?=.7
F9L $eo$!e %a.e ta-en insuran'e for t%eir '%i!dren for &etter+ent of t%eir future and ??L
$eo$!e %a.e not ta-en insuran'e for t%eir '%i!dren a''ordin" to t%eir in'o+e ,$eo$!e ,%o %a.e
a"e a&o.e CE %a.e ta-en insuran'e for t%eir '%i!dren.
@=B . Do you fa'e any $ro&!e+ at t%e ti+e of rene,a! of your a''ount in &an- of &aroda W
Yes No tota!
=B EB 7B
L =7.7 9C.C
5n!y =7.7 L fa'e $ro&!e+ at t%e ti+e of rene,a! &e'ause ser.i'e $ro.ide &y t%e &an- of
&aroda is .ery "ood 9CL are satisfy and %a$$y.
@==. 1%y !ife insuran'e so i+$ortant for youW
a> se'urity
&>re&ate on ta/
'>!ife 'o.er
d>'%i!dren edu'ation "o a%ead
e> finan'ia! su$$ort to fa+i!y
@=? . 1%at are t%e $ro&!e+ do you fa'e in &an- of &aroda <in ter+s of insuran'e> if any $!ease
s$e'ify W
Ans8 !a'- of a,areness
&>!a'- of +ar-etin" strate"y
'> !ess door to door ser.i'e
d>!ess ad.ertise+ent
e> no one t%ere to te!! a&out infor+ation a&out t%e Indiafirt insuran'e.
@=C . Do you ,ant to "i.e any su""estion to &an- of &aroda in res$e't of ser.i'e $ro.ide in
isuran'eW
Ans8 4ore a""ressi.e +ar-etin" strate"y is re3uired &ea'ause .ery fe, $eo$!e -no, a&out
t%e Indiafirst !ife insuran'e e.en t%e 'usto+er ,%o %as a''ount in Ban- of Baroda fro+ ?B
years t%ey e.en don2t -o, a&out t%e Indiafirst.Door to door ser.i'e s%ou!d &e t%ere , +ore
ad.ertise+ent and +ore a,areness is re3uired .
FINDINGS:
4ost of t%e $eo$!e of ALLAHABAD -no, a&out t%e insuran'e $o!i'y $ro.ide &y t%e
&an- .4any $eo$!e %a.e done LI ,Re!ian'e,Ba(a(a A!!ian0 insuran'e.
A''ordin" to t%eir in'o+e $eo$!e %a.e '%oose insuran'e $o!i'y .
#eo$!e o$t for insuran'e due to ;
It +a-e fa+i!y se'ure
Ris- 'o.er
Ta/ &enefits
Finana'ia! su$$ort
In.est+ent
A''ordin" to sur.ey I 'o!!e't 7B 'usto+er ,%ere I find t%at on!y ?BL -no, a&out t%ird
$arty and DBL don2t -no, a&out a&out t%e INDIAFIRST LIFE INSURANE.
4a/i+u+ $eo$!e %a.e o$t insuran'e $o!i'y o.er =B years of ot%er 'o+$any.
A"e of a&o.e CE years t%ey %a.e o$t insuran'e $o!i'y for t%eir '%i!dren for %er future
I found t%at .ery fe, $eo$!e %a.e ta-en INDIAFIRST !ife insuran'e $o!i'y due to !ess
+ar-etin" , !ess ad.ertise+ent .
Anot%er reason is t%at INDIAFIRST is .ery ne, if ,e 'o+$are fro+ ot%er insuran'e
'o+$any !i-e LI ,RELIANE.
No fa'i!ity of door to door ser.i'e.
#!an is "ood &ut +ar-etin" is not a$$ro$riate.No s$e'ia! e+$!oyee is a$$oint ,%o ta-e
'are of INDIAFIRST 5R NIL in different &ran'%es of ALLAHABAD.
5ne t%in" I ,ou!d !i-e to add t%at ser.i'e $ro.ide &y BANK 5F BAR5DA is .ery
"ood it o&ser.e &y sur.ey.
Re'ent!y BAR5DA NETT is !aun'% due to ,%i'% !ife &e'o+e easy for 'usto+er of
BANK 5F BAR5DA.
SUGGESTION:
T%e first and t%e fore+ost su""estion ,%i'% I ,ou!d !i-e to "i.e is t%at t%ere s%ou!d
+ore a,areness of insuran'e $o!i'y of BANK 5F BAR5DA , $ro$er +ar-etin"
strate"y s%ou!d &e $!an.
Door to door ser.i'e.
4ore ad.ertise+ent &y distri&utin" $a+$%!ets, %odin"s,'o++er'ia! add on T.V !i-e
BAR5DA NETT.
4ore a,areness
#ro$er +ar-etin" s%ou!d &e done for insuran'e $o!i'y of Ban- of Baroda.
First Ban- of Baroda %a.e to 'on.in'e t%e o!d 'usto+er of a''ount %o!der of Ban-.
T%en you %a.e to 'at'% ot%ers.
T%ey s%ou!d identify t%e t%reats and '%a!!en"es $re.ai!in" in t%e +ar-et and a''ordin"
to t%at t%ey s%ou!d for+ strate"y to &e +ore uni3ue.
As ,e a!! -no, t%at BANK 5F BAR5DA is t%ird $osition a+on" a!! &an- ,t%ey %a.e
+ore 'usto+er as 'o+$are to ot%er &an- t%ey 'an easi!y attra't +ore $eo$!e for
insuran'e ,&y usin" t%e "ood,i!! of &an-.
Ser.i'e of BANK 5F BAR5DA is .ery "ood t%is feature 'an a!so use for 'on.in'in"
t%e $eo$!e.
It does not ta-e any 'o++ission to 'usto+er for $o!i'y !i-e LI ta-e, t%is $oint a!so
use for 'on.in'in" t%e $eo$!e.
INDIAFIRST insuran'e for different $eo$!e .
Li-e sa.in"s $!an is "ood for &usiness
Ser.i'e $eo$!e "o for future $!an , t%ey 'an a!so ta-e edu'ation $!an for t%eir '%idren.
Su'% t%in" ,e 'an say to 'usto+er for insuran'e.
CONCLUSIONS:
Today or"ani0ation are -no,!ed"e &ased and t%eir su''ess and sur.i.a! de$end on 'reati.ity ,
inno.ation , dis'o.ery and in.enti.eness.An effe'ti.e rea'tion to t%ese de+ands !ead to
inno.ati.e '%an"e in t%e or"anisation in order to to ensure t%eir e/isten'e . T%e rate of '%an"es
is a''e!eratin" ra$id!y , as a ne, -no,!ed"e idea "eneration and "!o&a! diffusion are
in'reasin" . reati.ity and inno.ation %a.e a &i""er ro!e in t%is '%an"e $ro'ess for sur.i.a!.
Today t%e !ife insuran'e is "ro,in" at A6R of CEL and $ri.ate $!ayer are "ro,in" at a
A6R of =?EL . T%ere are tota! ?C insuran'e $!ayers in t%e +ar-et se!!in" insuran'e $o!i'y.
In t%e de.e!o$ed 'ountries !ife insuran'e 'ontri&utes 9L to 6D# , ,%i!e in India it is !ess t%an
?L of 6D#.As you see t%ere is %u"e $otentia! in t%e +ar-et to 'o.er !i.es t%rou"% !ife
insuran'e .
India2s $o$u!ation is +ore t%an one 'rore
Insured $o$u!ation ; 7.FCL
A.era"e insuran'e !ife 'o.er; !ess t%an Rs =B,BBB
In t%e era of "!o&a!isation ,INDIAFIRST !ife insuran'e need a""ressi.e +ar-etin" strate"y
&e'ause t%ere is a!ready +a(or $!ayer e/ist in +ar-et !i-e LI ,RELIANE , BAGAG
ALLIANS et',,%i'% are .ery o!d a!so .INDIAFIRST is started re'ent!y in No. ?BBH (oint
.enture of &an- of &aroda R !e"a! R "enera! R and%ra &an- .It need +ore inno.ati.e idea for
+ar-etin".
By t%e %e!$ of sur.ey I 'o!!e'ted infor+aton t%at .ery fe, -no, a&out INDIAFIRST
insuran'e $o!i'y due to !a'- of a,areness. T%ose ,%o %a.e ?B8CB years o!d a''ount %o!der in
&an- of &aroda t%ey e.en don2t -no, a&out t%e insuran'e $o!i'y .#eo$!e ,%o a&o.e CE years
a"e %a.e done insuran'e of different 'o+$any.HEL -no, a&out t%e insuran'e &asi'a!!y $eo$!e
-no, +ore a&out LI &e'ause it is .ery o!d and trust,ort%y 'o+$any.As ,e -no, t%at
insuran'e "i.e
Fa+i!y se'urity
Syste+ati' sa.in"s
Ta/ &enefits
In.est+ent
I ,ou!d !i-e to 'on'!ude t%at t%ird $arty $rodu't of BANK 5F BAR5DA rea!!y needs
a""ressi.e +ar-etin" strate"y , +ore ad.ertise+ent.+ore a,areness a+on" $eo$!e at!east
t%ose ,%o %a.e a''ount in &an- of &aroda &e'ause a!ready t%e &i" 'o+$any is runnin" in
+ar-et !i-e LI .Distri&ute +ore and +ore $a+$%!ets et'.INDIAFIRST %a.e .ery "ood
s'%e+e ,it %as 7 $!an ,%i'% rea!!y .ery "ood t%e ter+ $!an started in +y trainin" $eriod .6ood
t%in"s a&out t%is insuran'e is it is asso'iated ,it% &rand na+e BANK 5F BAR5DA ,%i'% is
=BB years o!d &an- $eo$!e %a.e fait% on t%at. No need of 'o++ision as LI a"ent ta-e , no
need to ,orry a&out t%e return of +oney.US# of t%is insuran'e is t%at it '%ar"e a$$!i'a&!e
under t%is $o!i'y
Year '%ar"e
=
?8C
D8=B
== on,ards
To$ u$
?BL
FL
CL
=L
?L
1%i!e ot%er ta-e DBL. If Ban- of Baroda use "ood strate"y for +ar-etin" of Indiafirst .ery
soon it ,i!! 'a$ture ,%o!e +ar-et !i-e LI.It is started ,it% =?BBBA8
INDIAFIRST #LAN
EDUATI5N #LAN
SAVIN6S #LAN
FUTURE #LAN
TER4 #LAN
LIFE #LAN
ANNUNITY #LAN
A''ordin" to t%eir in'o+e !e.e! and interest !e.e! $eo$!e '%oose different $!an
4AIN AI4 IS T5 SEURE Y5UR LIFE .



REFRENCES:
www.Bank Of Baroda.Com
Business Line news papaer
www indiafirst.com
www wekepidia .com
Business line magazine