Bank of Baroda Introduces Lifetime Zero Balance Svings Account: Here’s How To Avail Benefits – News18

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Bank of Baroda Introduces Lifetime Zero Balance Svings Account: Here’s How To Avail Benefits – News18


Curated By: Business Desk

Last Updated: October 28, 2023, 19:30 IST

Eligible account holders also can avail a lifetime free bank card.

The Bank of Baroda LITE Savings Account provides lifetime free entry to debit or bank cards. However, it requires the upkeep of a nominal Quarterly Average Balance relying on the cardboard issued.

Bank of Baroda has launched a brand new lifetime zero steadiness financial savings account this festive season. As a component of its ‘BoB Ke Sang Tyohaar Ki Umang’ marketing campaign the general public sector lender has launched the BoB LITE Savings Account with a Lifetime Zero Balance facility. Through this account the purchasers can take pleasure in all of the banking companies with out the requirement of sustaining minimal steadiness.

Under this, you may open a lifetime zero steadiness financial savings account. Customers also can go for a free RuPay Platinum Debit Card. All it is advisable to do is preserve a nominal Quarterly Average Balance (QAB) within the account. Eligible account holders also can avail a lifetime free bank card.

Features of bob LITE Savings Account

The options of the bob LITE Savings Account embody:

1. Lifetime zero steadiness financial savings account.

2. Can be opened by any resident particular person, together with minors (above 10 years of age).

3. Lifetime free RuPay Platinum Debit Card with the next nominal Quarterly Average Balance (QAB) necessities:

● For Metro/Urban Branch: Rs 3,000

● For Semi-Urban Branch: Rs 2,000

● For Rural Branch: Rs 1,000

4. Attractive provides and reductions on Bank of Baroda debit and bank cards.

Festive Season Offers

During the festive season, the BoB LITE Savings Account additionally comes with varied provides. Under the festive marketing campaign, the financial institution has tied up with main shopper manufacturers in classes like electronics, shopper durables, journey, meals, style, leisure, way of life, groceries, and healthcare merchandise.

Bank of Baroda cardholders can avail particular provides and reductions from manufacturers like Reliance Digital, Croma, MakeMyTrip, Amazon, BookMyShow, Myntra, Swiggy, Zomato, and extra. The festive marketing campaign will run till December 31, 2023.

Documents Required for bob LITE Savings Account

The legitimate KYC paperwork for bob LITE Savings Account are:

● Driving license with picture

● Passport

● Voter’s ID Card

● NREGA Job Card

● Municipal or property tax receipt

● Utility payments

● Letter by National Population Register that comprises the beneficiary’s identify and handle

Documents for college students

College or establishment ID

● Admission letter from the faculty or establishment

● An allotment letter on letter head of the faculty or establishment

KYC paperwork for international nationals

● Passport

● Valid Indian Visa

● Address proof noting the present abroad handle, equivalent to Foreign Driving License

Documents required for international college students

Passport

● Address proof having the present abroad handle, together with driving license, Social Security Card National Identification Card, amongst others.

● Valid Indian Visa

● PAN

● Form 60



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