BOB Jeevan Suraksha Saving Account

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BOB Jeevan Suraksha Saving Account

Bank of Baroda Jeevan Suraksha Savings Account ensures secure savings with added insurance benefits, higher interest, and seamless banking. Secure your future today!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for BOB Jeevan Suraksha Saving Account

Bank Of Baroda Jeevan Suraksha Savings Account offers a unique blend of savings and insurance benefits. Enjoy higher interest rates, accidental insurance coverage, and hassle-free transactions. Designed for financial security, this account provides peace of mind with added safety and seamless banking services.

Interest Rate

4.50% p.a

Withdrawal Limit

Not available

Transaction Limit

Not available

Minimum Balance Required

  • 2,00,000/-

Eligibility Criteria for Opening an Account

  • Any resident individual who has attained the age of 18 years and has not completed the age of 70 years can open his account under this scheme and avail the facility of life insurance cover from “IndiaFirst Life Insurance Co. Ltd” (IFLIC) up to an amount of Rs. 5 lakhs after payment of required premium and submission of simple Health Declaration Form (DOGH).

Additional Benefits

  • Minimum Balance Rs. 1000/- on Daily Balance Basis.
  • Opening of account by Minimum Rs. 1,000 only.
  • Life Insurance Facility
  • Life insurance cover up to Rs. 5 lakhs
  • Single/joint opening
  • Auto sweep/auto reverse sweep facility
  • Existing account can be converted