Bank of Baroda (Bank of Baroda-BOB) on Friday 27 October, a special savings account- bob Lite Savings Account (BOB Lite Savings Account) has been launched. The special feature of this account is that it is a lifetime zero balance savings account. The bank launched it under the banner ‘Bob Ke Sang Utsav Ki Umong’ during the festive season. There is no obligation to maintain a minimum balance in this account. Some more features are added to this account as per customer demand. Under this, you can get free RuPay Platinum Debit Card for lifetime by maintaining nominal balance on quarterly basis.RuPay Platinum Debit Card) can be achieved. Some account holders can also get free credit cards for life.
Special Features of Bob Light Savings Account
This is a zero balance account. Anyone above the age of 10 can open it. However, in case of single account for account holders aged 10-14 years, the maximum outstanding balance in the account on any day should not exceed Rs.10,000. Talking about the free RuPay Platinum Debit Card, you need to maintain a quarterly balance sheet of Rs 3000 in metro cities, Rs 2000 in semi-urban areas and Rs 1000 in rural areas. Failure to maintain this balance will incur an annual penalty. You will get 30 free check pages in one financial year.
You can take advantage of offers to shop this festive season
You can avail many offers this festive season through bank debit and credit cards. For this, the bank has tied up with many brands across categories like electronics, consumer goods, travel, food, fashion, entertainment, lifestyle, grocery and health. This festive offer will run till the end of this year ie 31st December 2023. This offer is available on many brands including Reliance Digital, Croma, MakeMyTrip, Amazon, BookMyShow, Myntra, Swiggy, Zomato.