It’s Festival season! Do you feel feverish just thinking about your savings account? These thoughts will come later. Now the big news for Baroda Bank service users! Bank of Baroda offers special offers for customers. Bank of Baroda launched BOB LITE savings account. This new savings account offers customers the convenience of a lifetime zero balance feature and many other facilities. Now you can keep your account active without maintaining a minimum balance. Let’s explore more about the scheme!
Bank of Baroda, an Indian public sector bank, known as BOB, is the second largest public sector bank in India. According to the report of 2019, this trusted bank has above 153 million users in all over India.
The bank launched this savings account as part of a promotion called “BOB Ke Sang Tyohaar Ki Umang” during the festive season. The biggest advantage is that the customer does not have to maintain any minimum balance in this account. The account is known as BOB lITE account.
The biggest advantage of ‘BOB LITE ‘account is that the users don’t required to maintain any minimum balance in this account. Where earlier the minimum account balance was fixed at 500 (for rural areas) and 1000 (for urban areas). It has tied up with various brands in electronics, consumer durables, travel, food, lifestyle, grocery, health, fashion and entertainment categories. This strategic partnership will enhance the festive shopping experience for customers and strengthen the relationship of mentioned association with Bank of Baroda while also promoting the Bank’s reputation.
Not only this, BOB has also announced that BOB LITE account will offer lifetime free RuPAY Platinum Debit Card.
What are the special features?
• BOB LITE account is a lifetime zero balance savings account.
• The main aim of BOB is to provide a comprehensive and rewarding banking experience.
• The festive campaign is running till December 31, 2023. Between this duration Bank of Baroda cardholders can avail exclusive deals from renowned brands including Reliance Digital, Croma, BookMyShow, Myntra, Amazon, Swiggy, Zomato.
• Bank of Baroda is giving its commitment to provide innovative banking solutions.
•Minors can also open this account (Starting from minors above the age of 10.)
Ravi Singh Negi, Chief General Manager, Retail Liabilities & NRI Business said that they are delighted to launch bob LITE Savings Account. He also talks about two objectives here. Bringing banking within reach through an account. As well as increasing customer delight during the festive season.
According to card insider, Established in 1994, BOB became a popular card issuer in the country. Being governed by a major bank in India, it offers a number of exclusive credit cards in different categories, including shopping, travel, dining, lifestyle, and many more. According to RBI reports, BoB Financial currently has over 16,38,457 active credit card customers.
The famous cards of BOB are:
• BOB empower credit card
•BOB corporate credit card
•BOB conQR credit card
•BOB select credit card
• BOB premier credit card
ABOUT RuPAY card
According to card insider, Established in 1994, BOB became a popular card issuer in the country. Being governed by a major bank in India, it offers a number of exclusive credit cards in different categories, including shopping, travel, dining, lifestyle, and many more. According to RBI reports, BoB Financial currently has over 16,38,457 active credit card customers.
The famous credit cards of BOB are
• BOB empower credit card
•BOB corporate credit card
•BOB conQR credit card
•BOB select credit card
• BOB premier credit card
Now BOB brings Lifetime Free RuPAY Platinum Debit Card. But in that case the following average balance should be maintained as per quarter. In a financial year customers will get total 30 check leaves for this account.
Eligible account for RuPAY platinum debit card
A minimum bank balance of Rs 3000 in case of metro and city branches and a minimum bank balance of Rs 2000 in case of semi city branches. In case of rural branches, if the minimum balance is 1000 rupees then that account will get lifetime free credit card. Besides, attractive offers are also available on other debit and credit cards.
Benefits of cards
• Welcome Benefits – Benefits include bonus reward points, vouchers, premium memberships to partner brands, fast cashback and more.
• Rewards/Cashback – Every time cardholders make a transaction using their BoB credit card, they are awarded reward points or cashback.
• Movie Benefits – Discounted movie tickets, attractive discounts on dining bills etc.
•Travel benefits – Several travel benefits are offered, such as free access to airport lounges, discounted travel-related bookings and etc.
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