The Future of Banking is Here: BOB iBanking!

The futuristic approach calls for everyone to get adapted to internet banking to get banking services at their fingertips. If you are looking to withdraw funds, get a mini statement of a present bank account, or change a password, you should get ahead and get upskilled with the learning of internet banking. With this very perception comes BOB, or, as it is called, Bank of Baroda, which merged with Vijaya and Dena Bank and accumulated a huge number of account holders. 

This article will introduce you to the world of BOBibanking, how to use it, what its optimal features are, why to opt for it, and much more. Keep scrolling below to learn in-depth about it all.

What is the Registration Process for BOB iBanking?

For registration in the BarodaConnect service (an online banking platform) offered by BOB, you will need to have your bank passbook, debit or ATM card, and phone number linked to your account. Proceed with the instructions provided below to complete the registration process.

 Registration Using Debit Card of BOB

• Step 1: Go to the official website of Bank of Baroda.
• Step 2: Locate the section named as Ways to Bank and then opt for Internet Banking.
• Step 3: Choose the option of ‘Retail User Login‘.
• Step 4: Select the option of ‘Online Registration‘ by using Debit Card.
• Step 5: Input the verification captcha code and press the ‘Continue‘ button.
• Step 6: Enter the details of the debit card such as ATM PIN, card number, date of expiry, and captcha code, then click on the ‘Validate‘ option.
• Step 7: Provide your user details, including your name, registered phone number, address, login password, preferred user ID, and password of transaction.
• Step 8: Press the button written with Next.
• Step 9: You will receive a confirmation message saying that you’ve successfully completed the process, along with your user ID.

 Registration without BOB Debit Card

• Step 1: Fetch the form of application for Net Banking and Mobile Banking for Retail Users’ from the official website of the bank or from this link.
• Step 2: Fill out the form and submit it to the primary branch.
• Step 3: Your application will be processed, and the bank will send your user ID by delivery through post to the address mentioned in the form.
• Step 4: You must collect your password from the primary branch where the application was submitted.

 Registration by Paying a Visit to the Branch of Bank

• Step 1: Go to the primary branch to obtain the form of application for BOBibanking.
• Step 2: Fill out the form and submit it to the same branch.
• Step 3: Your application will be processed, and the bank will send your user ID by post to the address mentioned in the form.
• Step 4: You must collect your password from the similar branch of the bank where the application was submitted.

How to Open an Account in the Bank of Baroda

There are two common modes available for customers to open a Bank of Baroda account, mainly online and offline, both of which are briefly explained below:-

 Online Method

• First, visit the official website of the bank.
• Select the savings account option and click on ‘Apply Now’.
• Enter the required details such as your name, contact information, and other relevant information.
• Verify the details you have entered.
• A bank representative will verify and submit all the details provided.
• Once your application is approved, the bank will send a welcome kit to your registered address.

 Offline Method

• Bring all the necessary documents and go to a Bank of Baroda branch.
• Obtain the application form available at the branch and complete it.
• Once you have filled out and signed the form, submit it along with the required documents to a bank executive.

Services and Features Provided by BOB iBanking

Some of the key services and features provided by BOBibanking are given below:-

• Manage all BOB accounts from one window after logging in.
• Access and view account summaries and transaction histories for savings, fixed deposit, and loan accounts on a single dashboard.
• Produce statements of bank accounts electronically.
• Initiate fund transfers, both within BOB and to other banks, using NEFT and RTGS.
• Use internet banking to pay indirect and direct taxes online.
• Initiates large payments, school fees, and book tickets online.
• Open recurring and fixed deposit accounts online.
• Reject cheque payments via online mode.
• Request a cheque book without visiting the bank branch.
• Subscribe to an IPO.
• View Tax Credit Statement (Form 26AS) online for free.
• Pay bills, view bills online and receive them as well along with receiving alerts for left-out bills.
• Link, view, unlink, and deposit PPF and accounts of Sukanya Samriddhi.
• Make online purchases of Sovereigns Gold Bonds.
• Update, delete, and add nominee details

BoB iBanking Login

Now, a question pops into mind after getting a good hang of BOB ibanking, which is about BOB net banking Login using the official portal of Bank of Baroda.

The answer to which lies below. Follow the instructions as it is and you will find the process of logging in BOB net banking portal quite easy.

• Step 1: Visit the official website of Bank of Baroda

Click on the option for internet banking meant for retail users.

• Step 2: Provide your user or customer ID

Enter the password which you had created while registering.

• Step 3: Click on the “enter” button
• Step 4: You have successfully logged in to Bank of Baroda net banking.

How to Check the Balance using the BoB iBanking facility?

Customers of account holders at Bank of Baroda who are willing to check their account balance using the BOB iBanking facility can do so by first logging into the Bank of Baroda net banking portal. Then, you have to proceed by clicking on the ‘Accounts’ option, followed by selecting the account type, and account query. And, then, at the end, you will see an option of account balance, click on it, and the remaining account balance will be reflected on the screen.

How to Transfer Funds on BoB iBanking?

If you are a Bank of Baroda account holder and wish to proceed with the transfer of funds, then you can choose any of the following modes, namely IMPS, RTGS, or NEFT.

NEFT Transfer

You have the option to transfer funds round the clock by utilising the NEFT, or National Electronic Funds Transfer, facility accessible on the BarodaConnect platform. Once you have signed up for BOB net banking, you may proceed with transferring funds using NEFT. The process for transferring funds through NEFT involves the following steps:-

Step 1) Access the Baroda Connect Platform by logging in.

Step 2) Choose the ‘Transfer’ feature from the primary menu.

Step 3) Opt for the transfer to any other bank’s NEFT alternative.

Step 4) Provide all the necessary information.

Step 5) Verify the transfer details and securely transfer the finances.

RTGS Transfer

BOB net banking users who have enrolled in the service may use the Real-Time Gross Settlement (RTGS) feature. To transfer funds using RTGS mode, the following steps need to be followed:-

Step 1) Access the Baroda Connect Platform by logging in.

Step 2) Choose the ‘Transfer’ feature from the primary menu.

Step 3) Opt for the ‘Transfer to Other Banks RTGS’ alternative.

Step 4) Provide all the necessary information.

Step 5) Verify the transfer details and securely transfer the funds.

IMPS Transfer

Once you have registered on BOB Baroda Connect, you can transfer funds using the Immediate Payment Service (IMPS) feature accessible on BOB Net Banking. The process for transferring funds via IMPS involves the following steps:-

Step 1) Access the Baroda Connect Platform by logging in.

Step 2) Choose the ‘Fund Transfer’ feature.

Step 3) Opt for the ‘Other Bank’ option, followed by selecting the ‘IMPS’ alternative.

Step 4) Provide all the necessary information.

Step 5) Verify the transfer details and securely transfer your funds.

Transaction Limits and Beneficiary Addition Limits

The transfer mode along with their allowed transaction limits are given below:-

Note:– One can only add up to 25 beneficiaries per day in any mode of transfer, be it IMPS, RTGS or NEFT etc.

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