BoB bats for the Financial Empowerment of Women with Special Offers on Savings & Current Accounts

Jammu Tawi: On the occasion of International Women's Day, Bank of Baroda (Bank), one of India's leading public sector banks, today announced attractive offers and benefits for its women accountholders on the opening of either a bobMahila Shakti Savings Account or abob Women Power Current Account – accounts designed specifically for women.This offer is applicable for accounts opened till June 30, 2024 and loan facilities availed till December 31, 2024. The bobMahila Shakti Savings Accountand the bob Women Power Current Account nowcome with a bundle of offers exclusively for women including up to 25 basis points interest rate concession on Retail Loans (concession of 0.25% on two-wheeler loan, 0.15% on education loan, 0.10% on auto loan, home loan and mortgage loan); complete waiver of processing charges on retail loans (including personal loans) and a 50% discount on Annual Safe Deposit Locker charges. Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “Bank of Baroda has been a trusted banking partner to generations of women. On this International Women's Day, we are pleased to extend our support to women and women-led enterprises and champion their journey towards financial empowerment and independence with a range of tailored offerings that provide enhanced value.”Thebob Mahila Shakti savings account goes beyond savings to offer customers a free RuPay Platinum Debit Card with Personal Accident Insurance Coverup to Rs 2 lakh, free Domestic Airport Lounge access (2 per quarter), free SMS Alerts, 30 free cheque leaves per year and an Auto Sweep facility. The bob Women Powercurrent account isa dedicated current account tailored for women entrepreneurs and businesses with women as beneficial owners.The bob Women Power current account provides women entrepreneurs with enhanced privileges and features to support their businesses such as concession in Cash Deposit charges, complimentary 2 Soundbox with QR code and 1 POS/MPOS, collateral-free overdraft facility up to Rs 25 lakh, free RTGS/NEFT/ IMPS/UPI (through online mode), sweep facility and a lower Monthly Average Balance requirement of Rs. 10,000 only, among many other advantages.