Bank of Baroda to offer banking services & farm products on its e-commerce platform

Bank of Baroda is looking to introduce an online marketplace to its customers. The e-commerce platform will offer banking services and farm-related products.

Bank of Baroda is inviting bids as it seeks a partner to supply 'digital commerce platform' to offer assistance to merchants on catalog management, purchase management fulfilment, pricing, promotion and other similar services.

With a focus on creating a marketplace to fulfil services relating to different segments of customers' daily needs and lifestyle needs, the bank is keen to strategise and enhance online digital capabilities.

Bank of Baroda said, "The bank is seeking a partner to supply digital commerce platform and provide support for its implementation for multiple use cases as decided by the bank."

The brand will be providing products like agri crop loan, farm machinery, equipment seeds and fertilisers in the farming category. It will further offer loan against gold, all kinds of insurance products, investment products such as government gold bonds, among other services.