M-invest

[Algernon Alcala]

Whyshould finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.

The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!

Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.

An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.

Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.

Baroda M-Invest is an online wealth manager, delivered through a mobile app. It simplifies all aspects of personal investing - completely paperless KYC, goal-based investing, research-based recommendation, jargon free tracking, straight through processing of transactions. The bank has partnered with leading robo advisory firm Finwizard Technology Pvt. Ltd. for the roll out of product.

Our customers can now download the app and invest in the partner mutual funds of Bank of Baroda in a completely digital way and track their money grow.

As part of the KYC process, regulations require you to provide a snap of address proof: like passport, Aadhaar card, voters identity card, driving license, utility bills (telephone bills for landline only, electricity bill, gas bill not more than 6 months old), bank account statement (not more than 6 months old).

Once you have chosen your investment, you will be taken to a payment gateway. There, the net banking of your chosen bank will appear and allow you to make the transfer.

In case you have started a systematic investment (SIP), all future investments will happen automatically through a bank mandate. We will be sending you a simple mandate for signature once you make the investment now.

An SIP is a systematic investment of a fixed sum of money every month into a mutual fund. It is one of the simplest, yet most effective ways to save money regularly and grow it over time. Once initiated, the process happens every month automatically from the bank account.

There is no minimum period or lock-in unless you invest in tax-saving schemes. You have the option to withdraw your money at any time.

Some products have loads (i.e. small charge) on premature exit.

Yes. As your investments are held in your name with the mutual fund, you can request them to transfer your investments to the code of another broker. In that case of course, you can no longer see your money on our app thereafter.

It takes T+1 working day for liquid funds to credit & T+3 working days for Equity funds to credit. At time there are few funds which might credit the amount after T+5 or T+6 working days as well. It will depend on the turnaround time (TAT) for every fund.

You will also get a statement from the fund house confirming the withdrawal and giving you the latest statement.

No, for security of your money, redemption are credited only to the same bank account you invested from. If you have closed that account, you can submit a request for a change in bank details. Please contact Baroda m-invest at +91 22 3014 7666 for this purpose. When that is approved, you can request the redemption.

Yes, you can view all your investments through Baroda m-invest in one place in the app. Values are updated every working day to reflect the latest balance. You can click on any of the items to drill down into specific goals and funds.

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