This scheme is available for all the Bank of Baroda branches irrespective of area classification.
Features
| Eligibility | Resident Individual (sole or jointly) Age between 18-60 years |
| Benefit | Individual with the age of 18-60 years can open this account and avail the benefit of Life Insurance up to an amount of Rs 5 lacs after the payment of required premium and the submission of simple Health Declaration Form(DOGH). |
| Documents Required | Identity Proof Address Proof Age Proof Consent cum Letter of undertaking to maintain a minimum required balance for payment of insurance premium opted by the customer. |
| Minimum Amount | An amount of Rs 1000 is required to open an account and in multiples of Rs 1000 thereafter. |
| Cheque Book | Free 20 cheque leaves, that shall be provided per half year. |
| Non-maintainence Charges | Rs 100 plus service tax |
| Auto sweep facility | With the auto sweep facility Auto transfer of funds exceeding certain fixed amount to Term Deposit to provide high yield on such funds |