Mumbai: In a first amongst public sector banks, Bank of Baroda announced the launch of the bob Global Women NRE & NRO Savings Account, designed exclusively for women NRIs to meet their global aspirations and unique banking needs. In addition, the Bank has revamped one of its flagship NRI offerings, the bob Premium NRE & NRO Savings Account, enhancing its features and benefits to provide a more rewarding banking experience to customers.
The bob Global Women NRE & NRO Savings Account comes with a range of unique benefits such as auto sweep facility enabling customers to earn higher interest, concessional interest rates on home loans and auto loans along with reduced processing charges; 100% concession on locker rent; a customised debit card with free domestic and international lounge access at airports; and free Personal and Air Accident Insurance coverage, becoming the first public sector bank to extend insurance coverage benefits to NRIs in savings accounts.
Ms. Beena Vaheed, Executive Director, Bank of Baroda said, “As India’s International Bank, Bank of Baroda has a robust global presence and understands the evolving aspirations of its NRI customers. The bob Global Women NRE & NRO Savings Account recognises the changing dynamics of today’s global Indian women and is designed to empower them by providing premium banking privileges and thoughtfully curated features that address their specific needs. On the occasion of International Women’s Day, Bank of Baroda stands ready as a trusted banking partner as women chart their global journey.”
