Bank of Baroda has introduced an exceptional scheme that stands out from the competition. The ‘BoB Bro Saving Account’ is a zero-balance account offering numerous benefits. This account comes with unique features like a free platinum debit card, domestic airport lounge access, a free chequebook, and more, making it a truly special offering.
Let’s delve into the details of this special zero-balance account:
1. Features: Customers enjoy a host of features, including auto sweep, free NEFT/RTGS/IMPS/UPI transactions, free chequebook, DD (Demand Draft), free SMS alerts, a free demat account, overdraft facility, education loan up to Rs. 40,000, and exclusive offers on Zomato.
2. Eligibility: Indian students aged between 16 to 25 years are eligible to open this account. Additionally, it can be a joint account with parents. No bank charges apply for account opening. You can use documents like a passport, driving license, Aadhar card, or voter ID for account verification, and both online and offline account opening methods are available.
3. Deposit and Withdrawal Limits: For deposits, you can go up to Rs. 50,000 without needing a PAN card. Transactions exceeding this limit require PAN card details. Daily deposits can reach up to Rs. 2 lakhs. ATM withdrawals are capped at Rs. 20,000 per day.
Compared to other banks, Bank of Baroda’s ‘BoB Bro Saving Account’ is indeed an outstanding scheme, offering substantial benefits while maintaining a zero balance requirement.
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