Bank of Baroda launches BOB Parivar Account

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All You Need to know

Bank Of Baroda has launched new BOB Parivar Account for savings and current accounts includes great range of benefits.

The main objective of this account is to cover all family member under one bank account policy.

As part of the Bank's "BOB Ke Sang Tyohaar Ki Umang" festive promotion, the 'My Family, My Bank' segment was launched. It combines all bank accounts owned by members of a single family under the slogan of One Family.

This Bank of Baroda account option is available to both new and current customers.

There minimum two members in the BOB Parivar Account and maximum six. The spouse, parents, kids, parents-in-law, daughter-in-law, and/or son-in-law are among the family members who are eligible to the BOB Parivar Savings Account segment.

The following is a list of all the segments' pooled quarterly average balance.

For Savings Account Diamond: ₹5 lakh & above Gold: ₹2 lakh & above Silver: ₹50,000 & above For Current Account Diamond: ₹10 lakh & above Gold: ₹5 lakh & above Silver: ₹2 lakh and above

The benefits of opening a BOB Parivar Account

Consession in Interest rate on retail lons

Retail loan processing fees are waived

Cocession in Locker Rental Fees

Concession in Demat Account

Concession in manual NEFT/RTGS charges

Total relief from DD/PO Charges

Reduction in Cheque Book Fees

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