On March 7, 2025, Bank of Baroda (BoB) launched the ‘bob Global Women NRE & NRO Savings Account’, becoming the first public sector bank to offer an NRI account tailored specifically for women. This account is designed to empower women NRIs by providing them with premium banking privileges, lower loan rates, and insurance benefits. Furthermore, BoB has updated its ‘bob Premium NRE & NRO Savings Account’ to improve customer experience with additional features and benefits.
Key Features & Benefits
bob Global Women NRE & NRO Savings Account
• Custom Debit Card: No issuance fees and discounted renewal charges.
• Airport Lounge Access: Complimentary access for both domestic and international lounges.
• Reduced Loan Rates: Lower interest rates and processing fees on home and auto loans.
•Locker Benefits: 100% concession on locker rent.
Isurance Coverage
- ₹50 lakh Air Accident Insurance.
- ₹5 lakh Personal Accident Insurance.
- Auto Sweep Facility: Available on demand to earn higher interest.
Minimum Balance Requirement
- ₹1 lakh in Current & Savings Accounts (CASA) or
₹10 lakh in CASA + Term Deposits.
