Bank of Baroda is a name that needs no introduction to Kiwi-Indians. A trusted banking partner in New Zealand for 15 years, the Bank has earned a reputation for responsible banking, customer-first service, and active involvement in the community since opening its doors in 2010.
Contrary to recent speculation, Bank of Baroda is not shutting down — in fact, it's here to stay, with bigger plans for the future.
With a renewed focus, the Bank is now set to expand its digital capabilities, enhance customer experience, and deepen engagement with local communities and businesses.
“We are grateful for the trust and support our clients have placed in us over the past 15 years,” said Sandeep Kumar Khetan, Managing Director of Bank of Baroda (New Zealand) Limited.
This milestone, Khetan said, marks a significant chapter in the Bank’s journey and reaffirms its long-term commitment to the New Zealand market.
“We remain committed to supporting our customers with dedication, integrity, and innovation — values that have long defined the Bank of Baroda brand worldwide,” he added.
With two full-service branches — one in Auckland (114 Dominion Road, Mt Eden) and another in Wellington (55 Featherston Street, Pipitea) — the Bank continues to offer a wide range of retail and commercial banking services, including:
- Attractive interest rates on Fixed Deposits and Savings Accounts
- Home Loans, Business Loans, and Construction Loans
- Special Account facilities for international students
- Remittances to India with competitive exchange rates and no charges for individuals
- Loan facilities up to 90% against Bank’s own Fixed Deposits
- Internet Banking, Mobile Banking, and Debit Card services
As a wholly owned subsidiary of Bank of Baroda — one of India’s largest public sector banks with a global presence — the New Zealand operations reflect a unique blend of global banking standards and local insight.
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