Bank of Baroda BRO Savings Account

What is the bob BRO Savings Account?

The bob BRO Savings Account is a student savings account in India which is offered by Bank of Baroda for eligible students. It aims to promote good banking practices among students and also to facilitate them in availing modern banking facilities. You can open the account using the bank's online account opening procedure and fulfil the relevant Know Your Customer (KYC) requirements. On successful activation of the account, students can use internet banking, mobile app ‘bob World’, UPI and other banking facilities to meet their day-to-day financial needs.

Features and Benefits of the bob BRO Savings Account

For students looking for the best savings account, the bob BRO Savings Account comes with a range of features that support their daily banking requirements.

• No minimum balance requirement (Zero Balance Account).
• Digital account opening and paperless process followed.
• The RuPay Platinum Debit Card (as per the bank's applicable terms and conditions).
• Use of internet banking and bob World mobile banking app to manage your accounts on-the-go.
• Multiple fund transfer modes like UPI, IMPS, NEFT and RTGS.
• Supporting digital banking services such as payments of utility bills, mobile recharges, and others.
• It is possible to check your balance on bob World app, internet banking, ATMs, SMS banking and all other banking channels.
• Availability of BOB mini statements on ATMs, internet banking, mobile banking, and other banking channels is supported.
• The account also supports free SMS alerts and up to 100% concession in Demat AMC.

Eligibility Criteria and Documents Required

An applicant should meet Bank of Baroda's criteria to open a bob BRO Savings Account.

• The applicant should be a resident student aged 16 to 25 years as per the bank's eligibility criteria.
• PAN (or Form 60, where applicable) and Aadhaar details may be required.
• A device with internet connectivity may be required for online account opening.
• As per the bank's KYC guidelines, identity and address proof may be required.

How to Open the bob BRO Savings Account

The bob BRO Savings Account can be opened through the Bank of Baroda website or even by visiting a bank branch.

Online Process

Follow the steps below to create a bob BRO Savings Account online.

• Check the official Bank of Baroda website/homepage or download and open the bob World app.
• Click on the bob BRO Savings Account.
• You will now need to provide all the personal and contact information.
• Complete Aadhaar verification and KYC formalities.
• Check the application details and fill in the application.
• After successful verification, your account will be activated.

Offline Process

Those students who prefer to open the bob BRO Savings Account without an internet connection can go to the nearby Bank of Baroda branch office and fill out the account opening form with the required documents and undergo the KYC procedure as required by the bank.

Terms and Conditions for the bob BRO Savings Account

The important terms and conditions related to operating Bank of Baroda Savings Account are: