Dena Bank and Vijaya Bank Merger with Bank of Baroda

iAbout This Scheme

On 1 April 2019, Dena Bank and Vijaya Bank were merged with Bank of Baroda, creating India's third-largest public sector bank with 9,500+ branches. This was the first three-way amalgamation of Indian banks. All deposits, loans, and services of Dena Bank and Vijaya Bank were migrated to Bank of Baroda.

🎁Key Benefits

• Customers of Dena Bank and Vijaya Bank got access to Bank of Baroda's larger network
• Existing deposits continued at contracted rates
• Reduced operating costs through branch rationalisation
• Strengthened merged bank's capital adequacy
• Single stronger bank replacing two weaker ones (Dena Bank was under PCA)

✅Eligibility Criteria

• 1
  Existing customers of Dena Bank and Vijaya Bank (automatic transition)

📝How to Apply

❓Frequently Asked Questions