Home   »   Banking Current Affairs 2023   »   Bank of Baroda Unveils Four New...

Bank of Baroda Unveils Four New Savings Accounts

In a bid to enhance customer offerings and provide tailored financial solutions, Bank of Baroda (BoB) has introduced four new savings accounts. These accounts cater to a diverse range of customer needs, making banking more accessible and convenient.

1. BoB LITE Savings Account: A Lifetime No Minimum Balance Account

BoB introduces the BoB LITE Savings Account, offering customers the flexibility of a lifetime no minimum balance requirement. This account empowers individuals to manage their finances without the burden of maintaining a minimum balance.

2. BOB BRO Savings Account: Zero Balance Savings Account for Students (16 to 25 years)

Designed with the youth in mind, BoB presents the BOB BRO Savings Account, a zero balance savings account tailored specifically for students aged 16 to 25 years. This account eases the financial journey of students by eliminating the need for a minimum balance.

3. My Family My Bank/BOB Parivar Account: A Comprehensive Family Savings Account

BoB introduces the My Family My Bank/BOB Parivar Account, a family savings account that addresses the financial needs of the entire household. This account fosters financial unity and convenience for families seeking comprehensive banking solutions.

4. Baroda NRI PowerPack Account: A Tailored Account for Non-Resident Indians

BoB extends its services to the global Indian community with the Baroda NRI PowerPack Account. This account is specially crafted to cater to the unique banking requirements of Non-Resident Indians, offering them a seamless banking experience.

Introducing BOB SDP (Systematic Deposit Plan): A Recurring Deposit Scheme

In addition to the new savings accounts, Bank of Baroda introduces the BOB SDP (Systematic Deposit Plan), a recurring deposit scheme that allows customers to build their savings systematically over time. This scheme offers a structured approach to saving, ensuring financial security for the future.

Festive Season Bonanza: Exclusive Benefits & Concessions

During the festive season, Bank of Baroda is extending a range of enticing benefits and concessions to its customers. These include discounts for debit and credit card holders, making it a perfect time to explore the Bank’s diverse financial products and services.

Exclusive Offers and Discounts on Debit and Credit Cards

Bank of Baroda has partnered with leading brands across various categories, including Electronics, Consumer Durables, Travel, Food, Fashion, Entertainment, Lifestyle, Grocery, and Health, to provide exclusive offers and discounts to its debit and credit cardholders. This initiative aims to enhance the festive shopping experience while promoting financial prudence.

Find More News Related to Banking


Bank of Baroda Unveils Four New Savings Accounts_4.1


Re-Appointment of Sandeep Bakshi as ICICI Bank MD & CEO Receives RBI Approval_110.1