BANK OF BAHRAIN AND KUWAIT B.S.C

ABOUT US
About BBK
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Our Presence
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Board of Directors

ANNOUNCEMENTS

* Please click here for Revised service charges w.e.f.01.02.2018.

*Banking Facilities for Senior Citizens and Differently abled Persons.

* W.E.F 01.07.2017 Bank has been collecting GST @18% on applicable commission/service charges in lieu of service tax @15%.

* W.E.F 01.07.2017 GST on Forex conversions are being collected. Click here for rates.

* Please click here for current MCLR rates.

* Please click here for current interest rates on deposits.

* Details of Unclaimed Deposits. Please click here.

* FREE OF CHARGE unlimited usage of BBK ATM cards in other Banks’ ATMs.BBK ATM cards can be used in all ATMs of NPCI member Banks network. Click here for details.

*Safe Deposit Lockers facility available at our Hyderabad, Aluva & New Delhi branches. Please contact branch for details.

* Interest on all types of Savings Deposit shall be credited at quarterly intervals on the last working day of March, June, September and December.

* As per Income Tax rules, applicable TDS on deposit account is deductible on accrued interest. TDS so deducted is non-refundable.

* Customers are advised to register their mandates for payment before maturity on joint deposits held on "Either or Survivor" or "Former or Survivor" basis.

* Customers are advised to issue CTS compliant cheques only.

* BBK presently does not have any 3rd Party Agents/DSAs. The marketing & processing of all products are done through its branches, by the bank staff.

* Rupee Floating Loans/ Credit limits shall now be priced at MCLR effective 01/04/2016"click here for details

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INTRODUCTION :

Bank of Bahrain and Kuwait (BBK) was incorporated in Bahrain in March 1971 with the committed objective of providing a range of efficient and personalized banking facilities. BBK’s first overseas branch was established in Kuwait in 1978. A few years later, branches were set up in Mumbai,Hyderabad,Aluva & New delhi. With the addition of two new branches at Aluva and New Delhi, today, BBK is one of the largest commercial bank in Bahrain with 16 local branches.5 full-fledged overseas branches and a Representative Office in Dubai.

PRESENCE IN INDIA :

Bank of Bahrain & Kuwait, popularly known as BBK, has a young and dedicated team of professionals to provide the best service. BBK has its presence in India since 1986 as a scheduled commercial bank.There are Four branches in India. Second in Hyderabad. Third in Aluva (Ernakulam Dist - Kerala), very close to Kochi.Fourth in New Delhi. BBK offers high quality Banking services in a quiet ambience. BBK has a wide network of correspondents all over the world to support Foreign Exchange and Trade Finance related activities. BBK offers to its customers top quality credit facilities, wide range of deposit products, NRI services, a fully equipped dealing room and a strong remittances department to give a complete banking experience.

BBK specializes in providing structured finance to mid corporates and in the SME region. It also provides ECBs to large corporates in India for eligible purposes.

BBK branches in India are equipped with full fledged NRI desk that cater to variety of needs of Non-Resident Indians like personalized banking,share market investments, portfolio investment services, mutual fund investments etc. NRIs residing in Bahrain, Kuwait and UAE can contact our dedicated NRI Services Desks established in these countries for all their needs.

Principal Nodal Officer:
(Grievances &Redressal Mechanism)
Mr. S V R Murty,
Operations Head - India,
Tel No: 022 43349238,
Email: murty.saripalli[at]bbkindia.com

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