BOB SB Self Help Group

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BOB SB Self Help Group

Bank of Baroda SB Self Help Group Account empowers groups with easy banking, savings growth, and financial support. Simplify group transactions with exclusive benefits!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for BOB SB Self Help Group

Bank of Baroda SB Self Help Group Account is designed for self-help groups to manage savings efficiently. It offers seamless transactions, financial assistance, and interest earnings. Empower your group with hassle-free banking, easy withdrawals, and collective financial growth with this specialized savings account.

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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

  • 1,000/- (QAB)

Eligibility Criteria for Opening an Account

  • Self Help Groups including Women SHGs subject to submission of resolution and list of members of the SHG.

Additional Benefits

  • Overdraft Facility Available
  • Collection of outstation cheque Available
  • Non -Personalized Cheques - (30 leaves per calendar year not chargeable) Beyond that Rs.3.00 per leaf. *Total 30 leaves will be free for financial year for personalized and non-personalized cheque book

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