BOB Senior Citizen Privilege Scheme

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BOB Senior Citizen Privilege Scheme

Struggling with low savings returns? Bank of Baroda Senior Citizen Privilege Scheme offers higher interest, priority banking & exclusive benefits for a worry-free future!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for BOB Senior Citizen Privilege Scheme

Bank of Baroda Senior Citizen Privilege Scheme is designed for senior citizens, offering higher interest rates, priority banking, and exclusive benefits. Enjoy seamless transactions, special discounts, and dedicated customer support, ensuring a secure and comfortable banking experience tailored to your financial needs.

Interest Rate

4.50% p.a

Withdrawal Limit

50, 000/-

Transaction Limit

Not available

Minimum Balance Required

  • Rural 500/-
  • Semi-Urban 1000/-
  • Urban / Metro 2000/-

Eligibility Criteria for Opening an Account

  • Resident Indians of 60 years and above are eligible to open the account
  • Pensioner can also open to avail pension facility

Additional Benefits

  • 1.25% waiver on annual locker rental charges
  • First year free Visa Platinum debit card
  • Cash withdrawal limit up to Rs.1 lakh
  • Sweep facility is available on request
  • Higher Interest with Flexi Fixed Deposits
  • Free unlimited transactions on BoB ATM
  • 7.50% waiver on processing fees on reverse mortgage loan
  • Waiver on first year demat annual maintenance charges
  • Free BOB prime credit card
  • Can be used as Pension Account
  • Attractive Offer on Health, Wellness, Lifestyle etc.
  • BoB Prime Credit Card, Chequebook, E-mail Statements, SMS Alert Facility
  • Attractive Discounts on Locker Rentals
  • Sweep facility is available on request only over & above Rs.50,000/- in multiple of Rs.10,000/- for 181 days & reverse sweep in multiple of Rs.1000/-
  • Free 3 transaction in a month (included Financial & non-financial) on non-BOB ATMs over & above of free transaction limit of non-BOB ATMs
  • 1st year free Visa Platinum Debit card with cash withdrawal limit upto Rs.1 lac and purchase limit on POS up to Rs.2 lac per day.