Mumbai : Bank of Baroda (Bank), one of India’s leading
public sector banks, has launched the bob
Central Government Employees Salary Account, as part of the Department of
Financial Services (DFS) initiative to offer a special Salary Account Package for
Central Government employees. Unveiled by the DFS Secretary, Shri M. Nagaraju,
the salary account package is a single-window banking solution offering enhanced
salary account features, extensive insurance coverage and premium card benefits
for Central Government employees
Speaking on the
occasion, Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda
said, “Bank of Baroda is pleased to
launch this composite Salary Account
Package, designed to empower Central Government employees. It seamlessly integrates savings, loans
and comprehensive protection benefits to deliver convenience, financial
security and peace of mind across all cadres of Central Government employees.”
The bob
Central Government Employees Salary Account offers numerous benefits such as:
·
Instant inbuilt overdraft up to ₹3 Lakh
·
Lifetime Free Premium Debit and Credit Cards
·
Free Personal Accident Cover up to ₹1.5 Crore
·
Free Life Insurance Cover up to ₹15 Lakh
·
Up to 100% processing fees waiver on Retail
Loan
·
Interest rate concession on Retail Loan
·
Up to 60% discount on locker charges
·
Unlimited free services (RTGS/NEFT/IMPS, Cheque
Books and SMS Alerts)