BOB Family Savings Accounts Segment

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BOB Family Savings Accounts Segment

Managing multiple accounts is tough! Bank of Baroda Family Savings Account simplifies family banking with joint access, seamless transactions & exclusive benefits.

  • cheque availibilty
  • penalty for nonmaintenance
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Details for BOB Family Savings Accounts Segment

Bank of Baroda Family Savings Account is designed for families to manage savings efficiently under one account. Enjoy higher interest rates, seamless transactions, and exclusive benefits tailored for family banking. With features like joint access, free transactions, and premium services, ensure financial security for your loved ones.

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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

  • 5,00,000/- and Above

Eligibility Criteria for Opening an Account

  • All Individuals
  • Close Relatives (Spouse, Father, Father in Law, Mother, Mother in Law, Brother ,Sister, Children’s (Son, Daughter), Son in Law and Daughter)

Additional Benefits

  • Waiver on Cheque Book charges
  • Free SMS/Email Alerts, Standing instruction
  • Concession in manual NEFT/RTGS charges (Digital- 100% Free)
  • Concession in DD/PO Charges
  • Concession in Locker Rent Charges
  • Concession in Demat AMC
  • Concession in Charges on collection of Outstation Cheques
  • Waiver of Processing Charges of Retail Loans

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