Banking That Matches Her Aspirations

bob Global Women NRE Saving Account with a range of unmatched features

bob Global Women NRE Saving Account

To match today’s global aspirations of women, Bank of Baroda introduces bob Global Women NRE Saving Account with a range of unmatched features designed to empower women financially and cater to their diverse financial needs

Features
Benefits
Eligibility Criteria
Documents Required
Fees & Charges
Most Important Terms and Conditions (MITC)

bob Global Women NRE Saving Account : Features

Sr No	Parameters	Details
1	Eligibility	Women Non-Resident Indian or PIOs/OCIs Age of primary applicant should be 18 years & above
2	KYC Norms	Passport Valid Visa/Work permit Permanent Account Number (PAN)/Form 60 (in the absence of PAN) PIO/OCI card if not an Indian citizen/Copy of relevant pages of Passport of Parents or Grand Parents establishing them as from Indian Origin/Copy of Marriage Certificate establishing the Spouse being of Indian Origin *(In this case a valid relationship proof needs to be obtained) Overseas Address Proof Indian Address Proof (If mentioned in AOF) Passport size photograph of each applicant Any other document as per KYC guidelines applicable from time to time
3	Area of operation	All branches in India
4	Mode of Operation	Self May be held jointly in the names of two or more NRls/ PIOs on either or survivor basis. NRls/ PIOs can hold jointly with a resident relative (as defined in Companies Act 2013) on 'former or survivor' basis. The resident relative can operate the account as a Power of Attorney holder during the lifetime of the NRI/ PIO account holder.
5	Currency	INR
6	Maximum Annual Turnover	No limit
7	Quarterly Average Balance (QAB)	₹ 1,00,000/- (CASA) or ₹ 10 Lacs (CASA+Term Deposit)
8	Maximum Balance	No upper limit
9	Auto Sweep Facility (Optional)	Yes, available on written request from the Customers
Sweep minimum threshold - ₹ 1,00,000/- FFD Period - 12 Months Sweep out in Multiple of ₹ 1,000/- Sweep in multiple of ₹ 10,000/- Sweep will happen every Monday
10	Rate of interest	As applicable to Saving Account from time to time. Rate on FFD created out of Auto Sweep shall be as per ROI applicable for NRE Term Deposit for 12 Months. No Interest will be paid on FFD which has remained for less than 12 months. No additional interest will be payable to Senior Citizen and Staff/ex-staff Members.
11	Taxation	Income earned in the account is exempted from income tax and balances are exempted from wealth tax.
12	Nomination facilities	Available Nomination form must be signed even if customer prefers not to nominate (Applicant will write not willing to nominate)
13	Permissible credits	Inward remittance from outside India Interest on investment (Investment options as permitted under FEMA) Transfer from other NRE/FCNR(B) accounts Maturity proceeds of investments (if such investments were made from this account or through inward remittance) Any other credit permitted under FEMA regulation from time to time
14	Permissible debits	Local disbursement Remittance outside India Transfer to other NRE/FCNR (B) accounts Investments in India (Investment options as permitted under FEMA) Any other debit permitted under FEMA regulation from time to time
15	Locker Charges	Free of Cost for only one Small Size locker based on Customer ID (* Subject to availability)
16	Debit Card	Master Card variant No Issuance Fee, Annual Maintenance Charges ₹ 300 +GST will be applicable. (Only one debit card in each account will be issued free, for additional card issuance Fee and Annual Maintenance charges will be applicable) Re-issuance Fees ₹ 200/-
17	Debit card withdrawal Limits (per day limit)	Maximum cash withdrawals Per day limit ₹ 200,000/- Maximum per transaction limit on our ATMs ₹ 15,000 Maximum per transaction limit on other Bank’s ATM ₹ 10,000/- Maximum number of cash withdrawals allowed per day 20 Maximum Per day limit at POS/Ecom ₹ 5,00,000 Contactless Maximum per txn limit using Contactless mode ₹ 5,000/- No. of daily Contactless txn Limit 5
Customer Value Proposition in Mastercard debit cards for NRI Customers One Complimentary Domestic Airport Lounge Access per Quarter Two Complimentary International Airport Lounge Access per Annum Unlimited Free ATM usage at Bank of Baroda ATMs Discounted green fees for Golf game – Asian Pacific Golf Courses. One additional free night with Hotel booking in 32 Hotels across Asia Pacific, Africa and Middle East as per tie up with MasterCard. One Complimentary main course when dining at partner restaurants across major cities in Asia Pacific Higher Daily ATM / POS-ECOM usage limits Note: The Customer value proposition is subject to change from time to time.
18	Cheque Book	Free
19	IMPS/NEFT / RTGS charges through Electronic Channels like bob World Internet and bob World	Free (through Digital Channel). If fund transfer is done through Branch, then Normal Charges will be applicable.
20	Internet Banking / Mobile Banking	Free
21	Closure of Account	Charges related to Debit Card and Locker Charges are to be recovered if account is closed within one year.
22	SMS charges	Applicable as per existing guidelines
23	ATM Charges	Transactions at BOB/ Non-BOB ATMs in India – - 20 transactions per day, Fee Beyond Free Limit charges as applicable
24	Non-maintenance Charges (QAB)	Charge of ₹ 500/ +GST will attract if shortfall from the stipulated Qtly average balance.
25	Collection of outstation Cheque	Free, Applicable, subject to source of funds should be from NRE A/c
26	Insurance cover	As per Annexure I
27	Waiver on processing charges of NRI Home Loan and Car Loan*	100 % reversal of Unified Processing Charges on Disbursement of 1^st Instalment of Loan Out of Pocket expenses as advised through Circular from time to time will be payable by Customers for Home loan/ Auto Loan.
28	Concession on NRI Home Loan, Auto,	Ø Home Loan: 0.10% concession in ROI subject to effective rate not going below the floor rate prescribed from time to time. (Presently @8.40% i.e. BRLLR 9.15%-0.75%) Auto Loan: 0.10% concession in ROI subject to minimum -1- year MCR in fixed and BRLLR in floating rate.
29	Relationship Manager	As per existing structure available to retail liabilities customers based on balance available in accounts

Annexure I

Type of Insurance Coverage and Benefits

Personal Accidental Death: ₹5 Lacs (Worldwide)
Air Accidental Death: ₹50 Lacs (Worldwide)
Unmarried Girl Child Marriage Cover (18-25 years): 10% additional limit of the base PAI cover
Higher Education Cover: 10% additional limit of the base PAI cover.
Transportation of Dead Body: Additional limit of the base PAI cover Max up to ₹50,000.
Cost of Plastic Surgery/Burn: Additional limit of the base PAI cover Max up to ₹00 Lacs.
Purchase of Blood: Additional limit of the base PAI Max up to ₹50,000.
Family Transportation: Additional limit of the base PAI Max up to ₹10,000.
Cost and Transportation of Imported Medicine: Additional limit of the base PAI Max up to ₹00 Lacs.
Modification of Residence/Vehicle: Additional limit of the base PAI Max up to ₹50,000.
Hospital Confinement Allowance (Additional Limit of base PAI Cover): ₹2,000/day, maximum 15 days.
Travel Expenses for 1 Relative (in Death Cases): Additional limit of the base PAI Max up to ₹25,000.
Home Convalescence Benefit: Additional limit of the base PAI Max up to ₹50,000.
Ambulance Services: Additional limit of the base PAI ₹5,000
Repatriation of Remains: Additional limit of the base PAI ₹20,000
Death After Coma after Accident (48 Hours): Additional limit of the base PAI Max up to ₹00 Lacs.

Terms & Conditions

Eligibility: The insurance coverage is exclusively available to the primary account holder and will be applicable for individuals aged 18 to 60 years.
NRE/NRO Accounts: Insurance benefits apply to one account only, even if the customer maintains both NRE and NRO accounts.
Coverage Period: Maximum 12 months or up to the reference date, whichever is earlier, For current Policy reference date is 11^th August 2025.
Policy Renewal and Coverage: Coverage continuation is subject to renewal. Suspension or reinstatement is at the bank’s discretion
Premium Payment: Premium costs shall be borne by the bank.
Insurance coverage will commence from 30 days of account opening date or conversion of scheme.

bob Global Women NRE Saving Account : Benefits

bob Global Women NRE Saving Account : Eligibility Criteria

bob Global Women NRE Saving Account for Women NRIs and PIOs (Individuals of Pakistan and Bangladesh shall require prior approval of the RBI) Minors are not eligible under this scheme.
The insurance coverage is exclusively available to the primary account holder and will be applicable for individuals aged 18 to 60 years.

bob Global Women NRE Saving Account : Documents Required

Photocopy of relevant pages of Passport
Copy of Valid Visa / Work permit (Not Required for PIO)
Copy of Permanent Account Number (PAN) / Form 60 (in the absence of PAN)
PIO/OCI card if not an Indian citizen/ *Copy of relevant pages of Passport of Parents or Grand Parents establishing them as from Indian Origin/*Copy of Marriage Certificate establishing the Spouse being of Indian Origin *(In this case a valid relationship proof needs to be obtained)
Document confirming Overseas and Indian address if applicable
One passport size photograph of each applicant

bob Global Women NRE Saving Account : Fees & Charges

Cheque book – Free
Locker charges - Free of Cost
Debit card Charges - NIL Issuance Charges and renewal charges concession on Mastercard Variant, for other variant charges applicable as per Bank’s norm.

Closure of Account:

For closure of Account within a year: If Account is closed by Customer within a year. Full Charges related to Debit Card, and Locker Charges is to be recovered.
IMPS/NEFT / RTGS charges through Electronic Channels like bob World Internet and bob World:
Free (through Digital Channel)
If fund transfer is done through Branch, then Normal Charges will be applicable.
SMS Charges: Applicable as per existing guidelines.

bob Global Women NRE Saving Account : Most Important Terms and Conditions (MITC)

Account can be opened either individually or jointly with other NRIs / PIOs
Funds deposited in the account will be in the form of fresh remittances from overseas or transfer from other NRE / FCNR (B) account as per FEMA / RBI Guidelines.

bob Global Women NRE Saving Account:

As applicable to Saving Account from time to time. Rate on FFD created out of Auto Sweep shall be as per ROI applicable for NRE Term Deposit for 12 Months. No Interest will be paid on FFD which has remained for less than 12 months.
No additional interest will be payable to Senior Citizen and Staff/ex-staff Members.