How to Close Bank of Baroda Account?

Bank of Baroda is one of the most well-known banks in India, with branches all over the country. The Bank of Baroda, like any other bank, offers a variety of services to its customers, including quick deposit, easy withdrawal, competitive interest, cash and check acceptance, internet transactions, and a variety of additional services.

Nonetheless, there are a variety of reasons why someone might desire to close their bank account. Causes include personal misunderstandings or disputes, insufficient bank facilities, unsatisfactory customer service, and a variety of other factors. In fact, there are several basic steps and requirements to follow when closing a Bank of Baroda account.

Steps to be followed for closing your Bank of Baroda bank account

Hence, in a methodical manner, this article is expressed precisely by mentioning the procedure in easy to grasp, follow, and implement language. As a result, the procedures for closing your Bank of Baroda bank account are listed below.

  • Step #1: Once you’ve determined and confirmed that you want to shut your Bank of Baroda account, the first thing you should do is go to the bank’s main branch.

When you arrive at the bank’s home branch, you’ll be requested to supply the bank’s support desk with your requirements for closing your account.

  • Step #2: The bank official in charge will hand over a bank account closure form to you on your visit to their bank branch. The bank account closure form can be taken directly from the bank branch or, you may also the account closing form can be downloaded from the official website of the Bank of Baroda.
  • Step #3: Whether you receive the account closure form by mail or online, you will be requested to fill out the appropriate information in the space provided on the form. Details about yourself, such as the account holder’s name, phone number, account number, and any additional information.

You will be prompted to tell the bank employee how you intend to withdraw your account deposit. You can withdraw it in cash or by check, or you can transfer the funds to another bank.

Make sure to thoroughly fill in each blank and double-check the data or information you gave. Then you must sign wherever signatures are requested.

  • Step #4: After completing the above-mentioned process, you have to surrender your passbook, cheque book, and your debit card along with your account closure form.

You must also show your identity and residence evidence to the people in charge at your bank branch.

  • Step #5: After you’ve completed the form filling process and submitted everything, including your documentation and surrendered checkbook and passbook, the bank will handle the rest of the process to close your current account.
  • Step #6: After the successful closure of your bank account, you will get the information about this on your registered phone number. After which, the account holder will surely get the remaining amount deposited in their bank account, which can be withdrawn by the method mentioned in the account closure form.

Note If you run into any problems while closing your account, contact the Bank of Baroda branch right away. Their phone number is 1800 102 4455, and you can call them directly.

For a better understanding, take a look at the following points:

  • Visit your local Bank of Baroda branch to obtain the bank account closure form. The online form mode can also be downloaded.
  • Fill out the account closure form completely, including your account number, account holder name, phone number, and so on.
  • Double-check everything and provide signatures if necessary.
  • Specify how you wish to get your money out of your account.
  • Return your wallet, checkbook, and debit cards, as well as the closing form. Together with other documents, provide verification of your identity and address.
  • The bank will continue the closing procedure, and you will be notified when your account is closed.
  • Then, using your preferred method, withdraw your funds from your account.

Things keep in mind before closing the Bank of Baroda Bank account 

  • Withdraw the funds from your Bank of Baroda account that you wish to cancel.
  • Before closing your current bank account, make sure you create a new account with another bank. It will be easier for you to make a bank money transaction if you do so.
  • To avoid any potential complications, pay off all previous debts (if you have any).
  • Disconnect the cards from the automated payment system.
  • Have an e-statement of your bank account on hand because it may be requested at any time.

Bank of Baroda Account Closure Form 

One can simply visit the official website of the Bank of Baroda and get the account closure form. Alternatively, you can the Bank of Baroda account closing form can be downloaded from its official site.

Bank of Baroda Account Closing Charges

If the account you want to shut was opened 14 days ago, the bank will not charge you anything to close it. If the account is closed after 14 days or so, a fee of INR 200 is charged, plus some additional fees. The amount of the closure increases as the time is extended.


Bank of Baroda Working Hours and Timings

Frequently Asked Questions 

What happens if the money deposited in a Bank of Baroda account is less than the minimum amount?

In such circumstances, the bank will want a maintenance fee, which could be problematic for you.

Can I apply for my account closure without visiting the Bank of Baroda branch?

No way, no how. It is required that you physically visit the bank’s home branch to close your account.

Is it essential to maintain a minimum amount in the Bank of Baroda?

It is, without a doubt. The bank will penalize you if you do not keep the minimum amount.

Can one close their account in the Bank of Baroda through net banking?

No. Physically visiting the bank is required.

Can I close my account in the Bank of Baroda with a negative balance?  

It is something that will cause you to encounter a variety of issues. The bank will not allow you to close your account if it has a negative balance.

Is it possible to close the account of Bank of Baroda online?

Absolutely not. A physical trip to the bank is required.

Are KYC documents required for closing the account in the Bank of Baroda?

Absolutely, and identity evidence and account closure documentation should be carried along with the KYC documents.

How can I get my amount back after closing my account in the Bank of Baroda?

You will be given a variety of choices for withdrawing your funds. You can pay with cash, check, or a transaction.

Can I close my Bank of Baroda account before a year?

Yes, there is a fee associated with this.

What if I fail to pay my negative amount to the bank?

As a result, you may get deeper into debt, the bank may pursue legal action against you, and such problematic situations will obstruct you from opening a new account.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top