BOB Champ Account

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BOB Champ Account

Bank of Baroda Champ Account is designed for young savers, offering exciting benefits, easy banking, and financial growth. Start smart savings today!

  • cheque availibilty
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Details for BOB Champ Account

Bank of Baroda Champ Account is a special savings account for young savers, offering attractive interest rates, no maintenance charges, and exclusive benefits like free transactions and digital banking access. Designed to encourage early financial discipline, it helps children and teens build smart saving habits effortlessly.

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Interest Rate

4.50% p.a

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Withdrawal Limit

Not available

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Transaction Limit

Not available

Minimum Balance Required

  • Not Required

Eligibility Criteria for Opening an Account

  • Eligibility age: 0 to 18 years.

Additional Benefits

  • Free passbook.
  • Overall transaction limit of Rs. 5,000 per day.
  • Combined transaction limit of Rs. 3,000 per day from ATM & POS.
  • Non-maintenance of Quarterly Average Balance charges is Zero.
  • Withdrawals will be allowed either by withdrawal forms or by cheques. Payment against withdrawal form along with passbook is allowed for self only with per day limit of Rs. 5,000/- (Minimum Rs. 25/- in rural/SU and Rs. 50/- in metro/urban).
  • Mobile banking Facility available to applicant of 10 yrs and above
  • Auto/Reverse sweep with flexibility
  • Internet banking facility available to applicant of 10 yrs and above
  • NEFT/ IMPS (outward & inward) free for an amount of Rs.1 lac per month.
  • DD free per month for fee payment (to a maximum amount of Rs.1 lac).
  • No charges on School Fee Payment.

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