Bank of Baroda launches New Savings Account for Women

MySandesh
3 Min Read

Bank of Baroda has introduced a new premium savings account designed specifically for women.

The new account, called the bob Women Sapphire Savings Account, combines banking benefits with health, wellness, and lifestyle privileges.

The bank says the initiative is aimed at supporting women with financial services while also offering benefits that promote better health and everyday convenience.

Health and Wellness Benefits Included

One of the key highlights of this account is its strong focus on health protection.

Women account holders can get complimentary cancer care coverage of up to ₹10 lakh.

The account also includes free online doctor consultations for up to six family members.

In addition, customers can receive discounts of up to 15 percent on medicines and up to 20 percent on pathology tests.

These benefits are designed to help families manage medical expenses while encouraging regular health care.

Premium Debit Card and Lifestyle Privileges

The account comes with the bob Bhoomi RuPay Select Debit Card, which offers several premium lifestyle benefits.

Cardholders can enjoy access to domestic airport lounges, along with complimentary perks such as gym memberships, health check-ups, spa or salon sessions, OTT subscriptions, and Uber coupons.

Customers will also receive a 50 percent first-year fee waiver on the BOBCARD Tiara Credit Card, a credit card created specifically for women.

The waiver is offered in the form of reward points.

This credit card also includes benefits like women’s health packages, personal accident coverage, and shopping vouchers for popular platforms such as Myntra, Nykaa, Flipkart, and Lakme.

Additional Banking Benefits for Account Holders

Apart from health and lifestyle advantages, the account offers several banking benefits.

Customers can get a 50 percent waiver on home loan processing fees, which can help reduce the cost of applying for a home loan.

The account also offers discounted locker charges, with up to 20 percent off locker fees (up to ₹500).

To maintain the account, customers are required to keep a monthly average balance of ₹1 lakh.

With this new offering, Bank of Baroda aims to combine financial services with health protection and lifestyle rewards, making it a comprehensive banking option for women customers.

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