Mangaluru: Bank of Baroda (BoB), one of India’s leading public sector banks, has introduced the “Bob Lite Savings Account” as a Lifetime Zero Balance Savings Bank Account, as part of its “Bob Ki Sang, Tyohar Ki Umang” festival. This account provides customers with a no minimum balance requirement for a hassle-free banking experience.
Furthermore, to meet the requirements of various customers, the account can be managed by maintaining just the average quarterly balance in the account, and account holders can also avail of a lifetime free Platinum Debit Card. As part of the festival “Bob Ki Sang, Tyohar Ki Umang,” which runs until December 31, 2023, cardholders can enjoy special offers from prominent brands such as Reliance Digital, Chroma, MakeMyTrip, Amazon, BookMyShow, Myntra, Swiggy, Zomato, and other brands.
Bank of Baroda’s Retail Liabilities and NRI Business Head, Shri Ravinder Singh Negi, stated that the Bob Lite Savings Account is open to anyone above 10 years of age who is not an existing bank account holder. The account opens the doors to a formal banking environment for the next generation of aspiring Indian bankers, aiming to fulfill the banking requirements of the younger generation.
This initiative aligns with the bank’s objective to cater to the banking needs of a wide range of customers, and the Bob Lite Account’s exclusive features provide an attractive proposition for tech-savvy Indian consumers.