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Bank of Baroda Launches "Bob Global Women NRE & NRO Savings Account.

Banking & Finance | Dated: 10 Mar 2025

In March 2025, Vadodara (Gujarat)-based Bank of Baroda (BoB), the first among public sector banks, launched the 'bob Global Women Non-Resident External (NRE) and Non-Resident Ordinary (NRO) Savings Account.' This account is designed specifically for women Non-Resident Indians (NRIs) to cater to their global aspirations and unique banking requirements.

🎯 Key Highlights:

  • - The initiative aims to support the financial goals of women NRIs with offerings like an auto sweep facility for higher interest earnings, concessional rates on home and auto loans, and reduced processing charges.
  • - It also includes a customized debit card with enhanced transaction limits, complimentary domestic and international lounge access, free safe deposit locker, and free personal and air accident insurance coverage.

💡 Other Important Facts:

  • (i) Bank of Baroda serves a global customer base of over 165 million across 17 countries and five continents through around 60,000 touchpoints.
  • (ii) In addition, BoB has revamped its flagship NRI products, the 'bob Premium NRE and NRO Savings Account,' to enhance features and provide an improved banking experience for its customers.

📚 Test Your Knowledge:

Which bank launched the "Bob Global Women NRE & NRO Savings Account" in March 2025?

Correct Answer: Bank of Baroda

🚀 Quick Recap: