BOB Masterstroke Savings Bank Account

BOB Masterstroke Savings Bank Account is a high-end savings bank account provided by Bank of Baroda (BOB). It offers a variety of banking services, digital services and debit card benefits that allow customers to bank every day without a hitch and access financial services when they need them.

Read more
Senior Citizen FD Rates 2025
Guaranteed Return
Guaranteed Returns
Includes Life Cover
Includes Life Cover
Completely Tax Free+
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%* (Tax-Free)

Guaranteed Plan

(By Insurance companies)
4.6%* (After Tax)

Fixed Deposit

(Offered by Banks)
4.0%*

Savings Account

(Post Office)
Maximum returns Offered by Guaranteed

6.5%**

Fixed Deposits

(by SBI bank)

(5-10 Years)

6.9%***

Public Provident Fund

(other popular options)

(15 Years)

We are rated++
rating
15.8 Crore
Registered Consumer
53
Insurance Partners
7.16 Crore
Policies Sold
Get Guaranteed returns up to 7.4%*

Fully Tax-Free, Life Cover Included

+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By continuing you agree to receive assistance and agree to our Privacy Policy, Terms of Use
We are rated++
rating
15.8 Crore
Registered Consumer
53
Insurance Partners
7.16 Crore
Policies Sold

What is the BOB Masterstroke Savings Bank Account?

The BOB Masterstroke Savings Account is a savings account in India available for customers who are looking for accessible banking features along with a smooth digital banking experience. All account holders have access to Internet banking, mobile banking, UPI services and a variety of other banking facilities. Customers looking for the best savings account should compare the features, eligibility and fees for this account before applying.

Features and Benefits of the BOB Masterstroke Savings Bank Account

The BOB Masterstroke Savings Bank Account offers several banking features to simplify everyday transactions.

  • Access to BOB World Mobile Banking and Internet Banking services.
  • Debit card with applicable transaction and withdrawal limits.
  • Fund transfer using NEFT, RTGS, IMPS and UPI.
  • Alerts and e-mail messages regarding account activity.
  • Provide a passbook for transaction records.
  • Cheque book facility subject to bank's terms.
  • Nomination facility available for eligible account holders.
  • Customers can also perform a bob Balance Check using mobile banking, internet banking, ATMs and other approved banking channels.

Eligibility Criteria and Documents Required

Eligibility criteria as mentioned by Bank of Baroda must be met by the applicant.

  • Resident individuals are eligible to open a bob savings account.
  • Valid PAN or Form 60 (as applicable).
  • Valid Identification Card or any other valid document.
  • Address proof as accepted by the bank.
  • Passport-size photos (if needed).

How to Open the BOB Masterstroke Savings Bank Account

Customers can open the BOB Masterstroke Savings Account through the online process or by visiting a BOB Bank branch.

Online Process

  • You need to visit the official site of Bank of Baroda (BOB).
  • Click on BOB Masterstroke Savings Bank Account.
  • Fill in the personal and contact information.
  • Complete the digital KYC process of the Bank.
  • Fill the application and make initial funding as applicable.
  • Once verified and the account is activated, it can be used for digital banking services.

Offline Process

Customers can visit the bank's nearest branch, submit documents and complete the account opening procedure after completing the KYC documentation.

Fees and Charges for the BOB Masterstroke Savings Bank Account

Below is a breakdown of the key fees, charges and balance requirements associated with the BOB Masterstroke Savings Bank Account.

Particulars Details
Monthly Average Balance (MAB) ₹10 lakh MAB, or ₹5 lakh MAB in the Masterstroke Savings Account
Debit Card Charges Lifetime Free Visa Opulence Debit card
Cheque Book Charges Free unlimited
Digital Banking Services Available per the bank's terms and conditions

Customers are advised to check the latest Schedule of Charges issued by Bank of Baroda as fees and balance requirements may change with time.

Frequently Asked Questions

  • Who can open a BOB Masterstroke Savings Bank Account?

    The account may be opened by any eligible and KYC completed resident individual.
  • Is the BOB Masterstroke Savings Bank Account a BOB Zero Balance Account?

    No, unlike a bob Zero Balance Account, the customer needs to verify the minimum possible balance requirement for the BOB Masterstroke Savings Bank Account.
  • How can I perform a BOB Balance Check?

    Customers may do bob Balance Check via BOB World Mobile Banking, Internet Banking, ATM, SMS Banking and also at the BOB Branch.
  • How can I get my BOB Mini Statement?

    Customers can view their bob Mini Statement using ATMs, mobile banking, internet banking or any banking channel provided by Bank of Baroda.


˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy male of 18 years old paying Rs. 30,000/- monthly (exclusive of all applicable taxes)
** Fixed deposit rate applicable for 5 year's 1 day to 10 years for investment amount less< 2 Crore ( Not for senior citizens).
*** PPF interest rate applicable for 15 years for investment amount upto 1.5 Lac
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Claude
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL