Categories: Banking

Bank of Baroda rolls out ‘Insta Click Savings Account’

India’s third-largest public sector bank, Bank of Baroda (BoB) has launched ‘Insta Click Savings Account’, a 100 per cent paperless digital self-assisted online savings account.

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About Insta Click Savings Account:

Insta Click Savings Account uses a new form of digital KYC (know-your-customer) and Aadhaar-based OTP (one-time personal identification number) authentication of the customer, which can be operated from the bank’s website, through mobile phone, IPad, laptop, and PC.
The account is activated in real-time, which means the customer can start transacting, using the Baroda M Connect Plus application with the MPIN received on the mobile number, immediately.
The product also offers customers the option to subscribe to a wide range of digital channels like mobile banking, Internet banking, UPI (unified payments interface), and debit card.

Important takeaways for all competitive exams:

Bank of Baroda Headquarters: Vadodara, Gujarat.
Bank of Baroda MD & CEO: Sanjiv Chadha.
Bank of Baroda Tagline: India’s International Bank.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.