In a festive season offering under “BoB Ke Sang Utsav Ki Umang,” Bank of Baroda (BoB) has launched a special savings account – the bob Lite Savings Account.
This unique account is a zero balance savings account that lasts a lifetime, making banking more accessible for a wide range of customers.
The account comes with several features tailored to customer needs, further enhancing the banking experience.
Key Features of the bob Lite Savings Account
Zero Balance Account: A standout feature of this account is that it’s a lifetime zero balance savings account. This means there is no requirement to maintain a minimum balance.
Eligibility: The account can be opened by individuals aged 10 and above. For single account holders aged 10-14 years, the maximum outstanding balance on any day should not exceed Rs 10,000.
Free RuPay Platinum Debit Card: Account holders can obtain a RuPay Platinum Debit Card for free, which is valid for a lifetime.
To avail of this benefit, customers must maintain a quarterly balance of Rs 3,000 in metro cities, Rs 2,000 in semi-urban areas, and Rs 1,000 in rural areas. An annual penalty applies if this balance is not maintained.
Free Cheque Leaves: Account holders will receive 30 free cheque leaves in a financial year.
Special Festive Season Offers
Customers can make the most of special festive season offers using Bank of Baroda’s debit and credit cards.
The bank has partnered with numerous brands across various categories, including electronics, consumer durables, travel, food, fashion, entertainment, lifestyle, grocery, and health.
These offers will be available until the end of the year, December 31, 2023.
Prominent brands participating in the festive offer include Reliance Digital, Croma, MakeMyTrip, Amazon, BookMyShow, Myntra, Swiggy, and Zomato, allowing customers to enjoy exciting deals and discounts.
The introduction of the bob Lite Savings Account not only eases the burden of maintaining a minimum balance but also provides customers with valuable banking features, making it a promising addition to Bank of Baroda’s offerings.
