BOB LITE Savings Account

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BOB LITE Savings Account

Struggling with high balance requirements? Bank of Baroda Lite Savings Account offers hassle-free banking with minimal balance, easy transactions & essential benefits!

  • cheque availibilty
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Details for BOB LITE Savings Account

Bank of Baroda Lite Savings Account is designed for hassle-free banking with low maintenance requirements. Enjoy essential banking services, seamless digital transactions, and accessibility with minimal balance. Ideal for individuals seeking a simple yet efficient savings solution with Bank of Baroda’s trusted services.

Interest Rate

4.50% p.a

Withdrawal Limit

Not available

Transaction Limit

Not available

Minimum Balance Required

  • Not Required

Eligibility Criteria for Opening an Account

  • The product is ideally suited for all individuals’ viz. Salaried class people, Businessmen, Self-employed, Professionals, Business Executives, Homemaker, minors above the age of 10 years etc.

Additional Benefits

  • 30 cheque leaves will be issued free in a financial year. For additional cheque leaves charges will be applicable.
  • Free Pass Book.
  • Rs. 100/-per duplicate Pass Book / Statement with latest balance only. For previous statement/ entries, applicable charges apply.
  • 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.25000/- (Minimum Rs.25/- in Rural/SU and Rs. 50/- in Metro/Urban).
  • Cash Deposit For Rs.50000/- and above PAN is required to be submitted as per requirement of Income Tax.
  • Self-Withdrawal at Base branch is free.
  • Cash deposit with debit card up to Rs.2,00,000/- (2 Lacs) per day where PAN is registered and Rs.49,999/- where PAN is not registered in account.
  • Card less transaction (by feeding account number) up to Rs. 20,000/- per day.
  • Life time Zero balance Account