New Delhi. Today is International Women’s Day and Bank of Baroda has also announced a special gift for women. Women who open accounts here will not only get cheap loans, but will also be provided many other facilities by the bank. The biggest thing is that women will always have Rs 25 lakh in their account and can use it whenever they feel like it.
The bank has launched two special savings accounts for women. Mahila Shakti Saving Account and Woman Power Karang Account. Women can open accounts with these special features till June 30, 2024 and with the help of these accounts, loans can also be taken till December 31, 2024. Various facilities are also being provided by the bank on these accounts. In this, the facility of overdraft facility of Rs 25 lakh is very useful.
What benefits will they get?
Women who open an account in Bank of Baroda get all kinds of facilities. They will have to pay 25 basis points i.e. 0.25 percent less interest on all types of retail loans. In this, there is a discount of 25 basis points on two-wheeler loan, 15 basis points on education loan and 10 basis points in interest on car and home loan. Also, the bank gives complete waiver on processing fees. Apart from this, the bank will also give an annual discount of 50 percent on locker fees.
Features of savings account
- Interest rebate up to 0.25 percent on all types of retail loans.
- 100% processing fee waiver on every retail loan.
- 50% annual discount on bank locker fees also.
- Free insurance on Rupay Platinum Debit Card, also accident cover up to Rs 2 lakh.
- Facility to stay at airport lounge twice every quarter.
- 30 check copies annually absolutely free.
- SMS alert and auto sweep facility will also be available.
- 0.25% discount on all types of retail loans.
- 100% discount on processing fees.
- 50% discount on locker fees annually.
- No charge on deposits up to Rs 1 lakh per day. Facility of 10 deposits in a year.
- 2 Soundboxes with Free QR Code and 1 POS/MPOS
- Overdraft facility of Rs 25 lakh on the account.
- 50 copies of check annually absolutely free.
- Visa Business DI Debit Card.
- Lifetime free corporate credit card.
- An average balance of Rs 10,000 is required in the account.
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