Bank of Baroda becomes the first public sector bank in India to introduce a new savings account specifically for women NRIs. Beena Vaheed, the bank’s executive director, emphasized that this account is designed to meet the needs and growing aspirations of women NRIs, offering them banking privileges suited to their lifestyle.
Special Benefits of this account
– Concessional rates on home and auto loans.
– Reduced processing fees.
– Waiver of locker rent.
– Customized debit card with free airport lounge access.
– Free personal and air accident insurance.
Additionally, the bank has also improved its BOB Premium NRE & NRO Savings Account, with benefits like:
– Higher transaction limits on debit cards.
– Free airport lounge access.
– Free safe deposit locker.
– Concessional loan rates.
The new saving accounts and the changes in premium account are part of the bank’s effort to attract more NRIs globally.
