Bank of Baroda has come up with special offers to celebrate International Women’s Day, extending exclusive benefits to its female customers who opt for the Bob Mahila Shakti Savings Account or the Bob Women Power Current Account.
These accounts cater specifically to women and come with incentives for those who open accounts by June 30, 2024, and avail loan facilities by December 31, 2024.
The bob Mahila Shakti savings account and the bob Women Power current account present a range of benefits for women account holders. There are interest rate concessions of up to 25 basis points on various retail loans, including 0.25% on two-wheeler loans, 0.15% on education loans, and 0.10% on car loans, home loans and mortgage loans.
Also, women customers can enjoy a complete waiver of processing fees on retail loans, including personal loans, and a 50% discount on annual Safe Deposit Locker fees.
Going beyond conventional savings, the Bob Mahila Shakti Savings Account offer for women customers includes free RuPay Platinum Debit Card with Personal Accident Insurance up to Rs 2 lakh, free access to Domestic Airport Lounges (2 per quarter), free SMS Alerts. , 30 free check sheets every year, and Auto Sweep facility.
On the other hand, the bob Women Power Current Account caters specifically to women entrepreneurs and businesses with women as beneficial owners. This account provides enhanced privileges and features to support women-led businesses. Some of these benefits include Cash Deposit concessions, free 2 Sound Box with QR code and 1 POS/MPOS, unsecured overdraft up to Rs 25 lakh, free RTGS/NEFT/IMPS/UPI through online mode, sweep facility, and lower Monthly Average Balance requirement of just Rs. 10,000.