Secure your future with Baroda savings account

Open a savings account for unlimited benefits

  • Benefits
  • Features
  • Eligibility
  • Documents Required
  • Terms and conditions
  • Free initial Visa ATM Card and No ATM withdrawal fees.
  • Free monthly account statement sent to your email.
  • Free Mobile and Internet Banking facility
  • Zero Leger fees.
  • Full access to your money deposited in the account.
  • Attractive interest rates of 1.997 % p.a. payable monthly.
  • Free transfer of funds within the bank.
  • Minimum and Initial deposit is UGX 500,000 only.
  • Free SMS alerts.
  • All customers above 18 years.
  • One passport size photograph.
  • National Identity Card for Ugandan citizens.
  • Evidence of residential physical address of prospective signatories to the account. e. either local council 1 chairman or registered law or audit/accountant’s firms or domestic utility bill e.g. latest water or electricity bill.
  • Passport with valid work permit or a valid dependents pass or certificate of residence for non-Ugandan citizens.
  • Introduction from a Bank of Baroda customer of any branch in Uganda
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Frequently Asked Questions (FAQs)

  • What is the Baroda Privilege Savings Bank Account?

    The Baroda Privilege Savings Bank Account is a premium savings account provided by Bank of Baroda Uganda. It offers exclusive benefits like attractive interest rates, free debit card and cheque book, and preferential service. Opening the account requires maintaining a minimum balance of UGX 5,000,000 and submitting the necessary KYC documents.

  • What are the eligibility criteria to open a Baroda Privilege Savings Bank Account?

    To open a Baroda Privilege Savings Bank Account, you must meet the following criteria:

    • Be at least 18 years old
    • Be a resident of Uganda
    • Maintain a minimum balance of UGX 500,000
    • Provide valid KYC documents, including ID proof, address proof, and a photograph
  • What are the benefits of opening a Baroda Privilege Savings Bank Account?

    By opening a Baroda Privilege Savings Bank Account, you can enjoy the following benefits:

    • Attractive interest rates
    • Free Visa ATM card
    • Free monthly account statements
    • Convenient mobile and internet banking facilities
    • This account is an excellent choice for maximising savings and enhancing your banking experience.
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