Bank of Baroda Launches Exclusive NRI Saving Accounts for Women
| Summary/Static | Details |
|---|---|
| Why in the news? | Bank of Baroda launched 'bob Global Women NRE & NRO Savings Account' for Women NRIs. |
| Target Audience | Women NRIs |
| Key Benefits | Customised debit card, lounge access, concessional loan rates, insurance, auto sweep facility |
| Locker Facility | 100% concession on rent |
| Insurance Coverage | ₹50 lakh (Air Accident) & ₹5 lakh (Personal Accident) |
| Auto Sweep Facility | Available for higher interest earnings |
| Minimum Balance Requirement | ₹1 lakh in CASA or ₹10 lakh in CASA + Term Deposits |