Bank of Baroda UAE Review
Best for Remittances to India – But What About Everything Else?
Editor’s Verdict for Bank of Baroda
Bank of Baroda has operated in the UAE since 1974, making it the longest-standing Indian bank with full-fledged banking operations in the country. With over 50 years in the market, BoB serves primarily Indian expats, PIOs, and OCIs through 5 branches and 9 Electronic Banking Service Units (EBSUs) spread across four emirates. The bank holds a Fitch credit rating of BBB- (affirmed February 2026) and maintains a network of 45+ ATMs. This is not a mega retail bank with flashy apps or airport lounges – it is a trusted, no-frills institution built around remittances to India, competitive loan rates, and a deep understanding of the Indian diaspora’s banking needs.
✓ Best For
- Indian expats and PIOs/OCIs who regularly send money to India via Rapid Funds2India
- Salaried blue-collar and mid-tier workers looking for a zero-balance WPS account
- NRIs who need to manage NRE/NRO accounts from the UAE
- Small businesses and traders in the Indian community seeking straightforward business accounts
- Property buyers in India who want competitive home loan rates from a bank with India-side presence
✗ Not Ideal For
- Customers who expect a polished digital banking experience with a high-rated mobile app
- Those seeking credit cards, cashback programs, or lifestyle rewards (BoB does not issue credit cards in the UAE)
- Anyone who needs a wide branch network across all seven emirates (no presence in Ajman, Fujairah, or Umm Al Quwain)
- Expats from non-Indian backgrounds who may find the product range too niche
Quick Facts
| Bank Type | Retail / SME / Corporate / DIFC Offshore Banking |
|---|---|
| Founded in UAE | 1974 (50+ years of operations) |
| Parent Bank | Bank of Baroda, India (founded 1908) |
| Headquarters (UAE) | Umm Hurair Building, Al Doha Street, Karama, Dubai, UAE |
| Branch Network | 5 branches + 9 EBSUs across 4 emirates |
| ATM Network | 45+ ATMs across UAE |
| Mobile App | bob World UAE (iOS rating: 2,6/5 with 59 reviews) |
| Online Banking | BoB Internet Banking |
| Languages Supported | English, Arabic, Hindi, Gujarati |
| SWIFT/BIC Code | BARBAEADXXX (All Bank of Baroda Swift Codes) |
| Credit Rating | BBB- (Fitch, affirmed 24 Feb 2026) |
📄 Schedule of Fees
📍 Branch & ATM Locator
Bank of Baroda Pros & Cons
✓ Pros
- India remittance specialist
Rapid Funds2India transfers reach beneficiary accounts quickly; BoB-to-BoB corridor avoids intermediary bank charges entirely - Competitive loan rates
Home loan rates start at 4,60% p.a. fixed for salary account holders; personal loans from 8,00% p.a. reducing balance – notably lower than most UAE retail banks - Zero-balance WPS account
Blue-collar and mid-tier salaried workers can open accounts with no minimum balance requirement through the WPS scheme - NRI banking expertise
Dedicated NRI desks at every branch handle NRE/NRO accounts, FCNR deposits, and property loans in India - Low minimum balance threshold
Savings accounts require only AED 1 000 minimum balance, far below the AED 3 000 standard at most UAE banks - Multi-currency term deposits
Deposits accepted in AED, USD, GBP, and EUR with competitive rates (up to 3,30% p.a. for 12-month USD deposits)
✗ Cons
- Weak mobile app
bob World UAE carries a 2,6/5 rating on the iOS App Store with just 59 reviews; the interface feels dated and basic functions like login can be unreliable - Limited branch footprint
No branches in Ajman, Fujairah, or Umm Al Quwain; only 5 full-service branches across the entire country - No credit cards
The bank does not issue credit cards in the UAE, which means no rewards, cashback, or travel benefits - Niche customer base
Products and services are heavily tailored to Indian nationals and PIOs; non-Indian expats will find the range narrow - Basic digital experience
Online banking is functional but lacks modern features like Apple Pay/Samsung Pay integration or real-time spending analytics - Branch-dependent processes
Account opening, mobile banking registration, and most service changes still require a physical branch visit
Bank of Baroda Popular Products
Premium Salary Account
Most Popular
Who it’s for: Indian expats and GCC nationals receiving a regular monthly salary in the UAE.
The Bank of Baroda Premium Salary Account is the primary hub for salaried professionals. It comes with a cheque book facility, free first-time debit card issuance, internet banking, and mobile banking access. The account is available in AED only and supports joint accounts with “Jointly” or “Any one only” operating instructions.
Key features include remittance to India through ATM, internet banking, or mobile banking. The account is open to Indian nationals, PIOs, and GCC nationals. Documents required are straightforward: passport with valid visa, Emirates ID, labour contract, NOC from sponsor, two photos, and tenancy contract.
Baroda Happiness Twin Account (Current & Savings)
Best for NRI Remittances
The Baroda Happiness Twin Account bundles a current account (in AED) and a savings account (in Indian Rupees via NRE) into one product. For workers who need to hold UAE dirhams for local expenses while simultaneously routing savings to India, this is the most practical solution in the BoB lineup.
Available for Indian nationals and PIOs with a monthly salary or income below AED 4 000, this account earns 0,40% p.a. interest on the savings portion (subject to change). It includes debit card, internet banking, and mobile banking. Remittance to India is built directly into the product via ATM, internet banking, or mobile banking. You will need a PAN card and Aadhaar card in addition to standard UAE KYC documents.
Zero Balance WPS Savings Account
For Blue-Collar Workers
Who it’s for: Salaried employees registered under the UAE’s Wage Protection System who need a no-frills account to receive wages and send money home.
The WPS Savings Account has no minimum balance requirement at all – your employer transfers your salary through WPS, and you can access the funds via debit card, ATM, internet banking, or mobile banking. The account earns 0,40% p.a. interest and supports Rapid Funds2India remittances directly from the app or ATM.
This is the most stripped-down account in the BoB product range: no cheque book, no joint account option, AED currency only, and just one free cash withdrawal per year. But for workers who primarily need to receive wages and send money to India, it does the job without fees eating into their salary.
Bank of Baroda Fees & Charges
Knowing the fee structure upfront helps avoid surprises. Bank of Baroda publishes its full schedule of charges on its website (Annexure 1 for individuals, Annexure 2 for non-individuals, effective April 3, 2024):
Digital Experience
bob World UAE Mobile App
The bob World UAE app (previously M-Connect Plus UAE) is the primary mobile banking channel for Bank of Baroda customers. It covers essential banking functions including balance enquiry, fund transfers, Rapid Funds to India, FD/RD opening, cheque book requests, and branch/ATM locator. The app weighs just 74 MB and supports English, Arabic, Hindi, and Gujarati.
What works well: The Rapid Funds2India transfer function operates directly from the app without needing a branch visit. Account balances and transaction history load reliably. Fund transfers to linked BoB accounts work smoothly. The in-app branch and ATM locator is useful for finding the nearest service point.
What frustrates users: Registration requires a physical branch visit to submit a form and receive a 4-digit mPIN via SMS – there is no self-service activation. Users on the App Store report frequent login failures, slow loading, and error screens during routine operations. The interface looks and feels outdated compared to apps from ENBD, ADCB, or Mashreq. No Apple Pay or Samsung Pay integration.
Online Banking
The internet banking portal at bobibanking.com provides account management, statements, and transfer capabilities. It functions as a web-based extension of the mobile app with reliable but basic functionality. Complex tasks – account closure, address changes, new product applications – still require branch visits. Non-resident account holders get view-only access to internet banking.
Bank of Baroda Contact Information & Support
Customer Service
Toll-Free (UAE, 24/7)
General Enquiries
Alternate Phone
DIFC Branch
DIFC Email
NRI Toll-Free (UAE)
Dubai Branch — Email
Abu Dhabi Branch — Email
Deira Branch — Email
Sharjah Branch — Email
Ras Al Khaimah Branch — Email
EBSU Sheikh Zayed Road — Email
EBSU Mussafah — Email
EBSU Shabiya — Email
EBSU DMCC — Email
EBSU Al Quasis — Email
EBSU National Paints — Email
EBSU Hamriya Free Zone — Email
EBSU RAKIA — Email
India Desk
India Desk (Abu Dhabi)
NRI Cell (UAE)
General Enquiries
NRI Back Office
Headquarters
Umm Hurair Building, Al Doha Street
Karama, Dubai, UAE
P.O. Box 3162
DIFC Offshore Banking Unit
Gate Building, DIFC
P.O. Box 506748, Dubai, UAE
Quick Actions
Bank of Baroda Branch Network
Bank of Baroda operates 5 full-service branches and 9 Electronic Banking Service Units (EBSUs) across 4 emirates in the UAE, supported by 45+ ATMs. EBSUs offer ATM access, basic transaction services, and customer support but not the full range of branch services. Services for People of Determination are available at the Dubai branch, Sharjah branch, EBSU RAKIA (Ras Al Khaimah), EBSU Bur Dubai, EBSU Sheikh Zayed Road (Dubai), and EBSU Al Qusais (Dubai).
Abu Dhabi
| Branch | Address | Phone |
|---|---|---|
| Abu Dhabi Branch | Shop No 5, 6 & 7, Al Jazeera Towers, Hamdan Bin Mohammed Street, Abu Dhabi, UAE | +971 2 632 2000 |
| EBSU Mussafah | Shop No 9, Ahmed Mubarak Al Khindi Building, Plot No. 3, Sector No. 2, Mussafah, Abu Dhabi, UAE | +971 2 555 1843 |
| EBSU Shabiya | Building No C-135, Sector 12, 51st Street Shabiya, Abu Dhabi, UAE | +971 2 555 8491 |
Dubai
| Branch | Address | Phone |
|---|---|---|
| Deira Branch | Al Kuwaiti Building, Baniyas Street, Deira, Dubai, UAE | +971 4 260 0900 |
| Dubai Branch | Umm Hurair Building, Al Doha Street, Opposite Al Wasl University, Karama, Dubai, UAE | +971 4 313 6666 |
| EBSU Al Quasis | Shop No 5, City Avenue Apartment Building, Opposite Dubai Grand Hotel, Al Quasis, UAE | +971 4 257 6734 |
| EBSU Burdubai | Building No R118, Al Souk Al Kabeer, Wasl Properties, Bur Dubai, Dubai | +971 4 358 3756 |
| EBSU DMCC | G-35, Almas Tower, Jumeirah Lake Towers, DMCC, Dubai | +971 4 395 8336 |
| EBSU Sheikh Zayed Road | Shop No. 1 in Heirs of AL SH Dalmook Bin Juma AL Maktoum Building, Plot No 343-475, Near Business Bay Metro Station-Exit-2, Sheikh Zayed Road, Dubai | +971 4 339 7414 |
| DIFC Branch | Office No 403, Level 4, Gate Building, DIFC, PO Box 506748, Dubai, UAE | +971 4 404 1100 |
Sharjah
| Branch | Address | Phone |
|---|---|---|
| EBSU Hamriya Free Zone | Shop No 1, LOB1G-13 and 14, Hamriya Free Zone, Sharjah, UAE | +971 6 526 4924 |
| EBSU National Paints | Muwaileh, National Paints, Sharjah, UAE | +971 6 544 3244 |
| Sharjah Branch | Ground Floor Office 1, 2 & 3, Crystal Plaza Building, Buhaira Corniche, Sharjah, UAE | +971 6 503 7900 |
Ras Al Khaimah
| Branch | Address | Phone |
|---|---|---|
| EBSU RAKIA | Shop no. 3, Opposite Min AL Arab Gate no 1, Al Raffah AI Jazeera Commercial Area, Ras Al Khaimah, UAE | +971 7 243 4575 |
| Ras Al Khaimah Branch | Al Rams Road, Al Nakheel, Ras Al Khaimah, UAE | +971 7 226 9041 |
Information may change – verify current terms on the official Bank of Baroda UAE website before making financial decisions. This page is for informational purposes only and does not constitute financial advice.
FAQ – Bank of Baroda UAE
How do I open a Bank of Baroda account as a UAE resident?
Visit any Bank of Baroda branch with the following documents: a completed application form (signed in front of bank officials), valid passport with address page and visa page, Emirates ID, labour contract (for salary accounts), no objection certificate from your sponsor, two passport-size photos, and a copy of your tenancy contract or Ejari. Original documents must be presented for verification. The bank does not currently offer fully online account opening – a branch visit is mandatory. You can also call the 24/7 toll-free line at 800-BARODA (800-227632) to request a callback.
Can non-residents open a Bank of Baroda UAE account?
Yes. Bank of Baroda offers non-resident savings accounts for individuals with financial interests in the UAE (such as property ownership or investments). Required documents include a passport, proof of current address in your country of residence, a valid identity document (such as PAN card for Indian nationals), and documentation justifying your financial interest in the UAE. These accounts are available in AED, USD, GBP, and EUR. Non-resident account holders get view-only access to internet banking.
What is the minimum balance for a savings account?
AED 1 000 for a standard savings account. The Zero Balance WPS Account has no minimum balance requirement at all – your salary is credited through WPS and you can access funds without maintaining any balance. The Premium Salary Account terms depend on your salary credit arrangement with the bank.
How do I send money to India from Bank of Baroda UAE?
Use the Rapid Funds2India service through the bob World UAE mobile app, internet banking, or at any Bank of Baroda ATM. Transfers between Bank of Baroda accounts (UAE to India) bypass intermediary bank charges. The service is available in the app under the fund transfer section. For exact remittance fees on standard outward transfers, check the service charges schedule on the official website.
What is the Bank of Baroda UAE SWIFT code?
The main SWIFT/BIC code is BARBAEADXXX. Individual branch codes are: BARBAEADDUB (Dubai Main Office), BARBAEADDEI (Deira), BARBAEADIFC (DIFC Offshore Banking Unit), BARBAEADADH (Abu Dhabi), BARBAEADSHJ (Sharjah), and BARBAEADRAK (Ras Al Khaimah). You can find the full list on the Bank of Baroda SWIFT codes page.
Does Bank of Baroda UAE offer credit cards?
No. Bank of Baroda UAE does not issue credit cards. If you need a credit card with rewards, cashback, or travel benefits, you will need to apply through another bank in the UAE. BoB UAE focuses on deposit accounts, loans, and remittance services.
How do I close my Bank of Baroda UAE account?
Visit your base branch with your Emirates ID and debit card. Clear all outstanding balances, liabilities, and linked products (loans, recurring deposits) before requesting closure. The bank will process the closure after verification. Specific timelines and any applicable fees are outlined in the bank’s schedule of charges.
What are the home loan requirements?
You need to be a UAE resident for at least 2 years, aged between 21 and 65 (salaried) or 70 (non-salaried) at loan maturity. Minimum loan amount is AED 200 000 and maximum is AED 60 000 000. The property must be in India for owner-occupier or investment purposes. Interest rates start at 4,60% p.a. fixed for the first 3 years for salary account holders. Processing fee is 1,00% of the loan amount (max AED 25 000 + VAT). Maximum tenor is 25 years with a moratorium period of up to 12 months.
What are the current term deposit rates?
As of January 2026: AED 12-month deposits earn 3,20% p.a.; USD 12-month deposits earn 3,30% p.a.; GBP 12-month deposits earn 0,85% p.a.; EUR 12-month deposits earn 0,85% p.a. Rates vary by tenor and currency. Deposits can be made for periods ranging from 1 month to 60 months. The full rate card is published on the Bank of Baroda UAE interest rates page.
What should I do if my debit card is lost or stolen?
Call the 24/7 toll-free number 800-BARODA (800-227632) or +971 4 313 6666 immediately to block your card. You can also visit any branch or EBSU to request a replacement card (AED 25 fee applies for replacement). Report the loss as soon as possible to minimize any risk of unauthorized transactions.
Is there a Bank of Baroda branch in DIFC?
Yes. The DIFC Offshore Banking Unit is located at Office 403, West Wing, Level 4, Gate Building, DIFC, Dubai (P.O. Box 506748). It is regulated by the Dubai Financial Services Authority (DFSA) and offers deposit schemes, demand/term loans, loan against deposit, syndicated loans, and trade finance services in currencies other than AED. Contact the DIFC branch at +971 4 404 1100 or difc@bankofbaroda.com. SWIFT code: BARBAEADIFC.
How do I register for the bob World UAE mobile app?
Submit a registration form at your base branch. The branch will register you and send a 4-digit mPIN via SMS. Download the bob World UAE app from the App Store or Google Play, launch it, confirm the silent SMS and OTP pages, create a 4-digit application password, accept the terms and conditions, then change your mPIN to one of your choice. The app is free to use – only a one-time SMS charge and mobile data fees from your service provider apply.
