The New Standard in Premium Banking - bob Masterstroke SB Account.

In today’s world, Customers expect more from their banking experience. Presenting... the bob Masterstroke Savings Account—crafted exclusively for those who demand the best.

bob Masterstroke Saving Bank Account

With bob Masterstroke, enjoy access to a range of offers on lifestyle brands, waived fees on personal, auto, and home loans, and more. Savour lower interest rates on loans, discounted forex charges, and unlimited free banking services—so your money works harder for you. The VISA Opulence Debit Card comes with premium benefits: free airport pickups, access to airport lounges, Marriott Club membership, and more.

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

bob Masterstroke Saving Bank Account : Benefits

bob Masterstroke Saving Bank Account : Features

PARAMETERS

FEATURES

Average Quarterly Balance (QAB)

Rs. 10,00,000
or
Rs. 5.00 lakh QAB and Rs. 10.00 Lakhs TD

Eligibility

All Individuals (including NRI)

Scheme Codes

Residents as SB116, NRE as SB216 and NRO as SB316

Minors

Minor Accounts are not allowed

Joint Accounts

Joint Account is allowed; however, benefits will be made available to 1^st Account Holder only. Opening of Joint Accounts in NRE and NRO schemes are as per Bank’s extant guidelines.

Account Opening modes

All Account Opening modes are allowed such as RLBO, TAB and VKYC.

Eligible Branches

All

Penal Charges on non-maintenance of QAB

Rs 3,000/- + GST Quarterly

Debit Card Variant

VISA Opulence Debit Card

Debit Card Issuance and Renewal charges

100% Waiver on Fee

Discount in Forex Markup

2bps

Cheque Leaves, Demand Draft / Banker Cheque, (RTGS/NEFT, IMPS / UPI) Including BULK, SMS / Email Alerts, Transactions Charges

FREE UNLIMITED

Discount on Depository Services / Demat AMC

LIFETIME FREE

Discount on Issuance / Renewal Fee of Prepaid cards / Gift cards

100%

Discount on Annual Locker Rent

100% (Discount on -1- Locker (Small Size) only, Subject to Availability)

Sweep facility Allowed

Yes, available on written request from the Customers.
The FFD Scheme code are: -

Customer type	SB Scheme	FFD Scheme
Resident	SB116	TD1D9
NRE	SB216	TD2D9
NRO	SB316	TD3C9

Sweep minimum threshold - Rs. 20,00,000/-
FFD Period - 181 Days (12 Months for NRE Deposits)
Sweep out in Multiple of Rs. 25,000/-
Sweep in multiple of Rs. 10,000/-
Sweep happens every Monday

Banking @call Facility (DSBS)

5 per Quarters

Credit Card

Lifetime Free ETERNA CREDIT CARD*

Waiver in processing charges on Home Loans, Mortgage Loans.

100% (Subject to recovery of minimum charges per property to be mortgaged as out of pocket expenses (for legal, valuation etc).)

Waiver in processing charges on Auto, Personal Loans and Education Loans.

100%*

Concession in Interest Rates of 4Wheeler Loans, Home, Mortgage, Personal & Education Loans*

0.25%*

Scheme Conversion and SOL Transfer

Allowed

Calculation of the QAB for masterstroke Savings Account

Sr	QAB	TD	Charges Applicable (Y/N)	Amount
1.	>= Rs 10.00 lacs	Not Required	N	NA
2.	>=Rs 5.00 lakhs < Rs. 10.00 lakhs	>= Rs. 10.00 lakhs	N	NA
3.	>=Rs 5.00 lakhs < Rs. 10.00 lakhs	< Rs. 10.00 lakhs	Y	Rs. 1,500=GST (50% of Charges)
4.	<Rs 5.00 lakhs	Not Applicable	Y	Rs. 3,000+ GST (100% of Charges)

Important Terms and Conditions

If the balance remains below the benchmark level continuously for 3 months, the Bank may transfer this account to a normal savings bank account and shall recover the charges. All the facilities of bob Masterstroke Savings Bank account will be withdrawn.
Only -1- concession is to be provided from -2- or more concessions if any running at that time, however higher of all may be provided to the Account Holders.
Features will be available only till the Account remains in the Masterstroke Scheme code. In case of Closure or Scheme Code Conversion to other Schemes, all the Features, Discount, Waiver and Concessions will be withdrawn from the date of closure or transfer out.
Interest Rates of Retails Loans after concessions in the scheme should not go below the minimum rates set by the Bank.
All Benefits to Account holder will be linked to QAB maintained in the Account in the quarter. In case QAB is not maintained no features will be made available to the customer in next quarter.
For Rate of Interest on Retail Loans, concessional ROI effect will be provided in the end of quarter upon positive confirmation from CBS regarding the maintenance of QAB in the captioned Quarter.
Property Mortgage Charges and other Out of Pocket Charges in Retail Loans as per Bank’s latest Schedule of Service Charges are to be borne by the Masterstroke Account Holders. No Concessions are provided in these charges under this scheme.

Offers available with VISA Opulence Debit Card
Cash withdrawal limit per day - 5 lakhs Purchase limit per day (POS) - 10 lakhs -50- Free ATM transactions -8- Complimentary Airport Pickup and Drop Service per year* Unlimited International Airport Lounge Visits* Unlimited Domestic Airport Lounge Access* Complimentary Club Marriott Membership for a year* Complimentary Golf sessions at select Golf courses* Complimentary dining benefits at select hotels* Offers from Premium Brands such as Ease my Trip, Cloud Tailor, Snitch, Giva, USPA etc* For Latest Benefits,please visit VISA Opulence Debit Card

Offers available with VISA Opulence Debit Card

Cash withdrawal limit per day - 5 lakhs
Purchase limit per day (POS) - 10 lakhs
-50- Free ATM transactions
-8- Complimentary Airport Pickup and Drop Service per year*
Unlimited International Airport Lounge Visits*
Unlimited Domestic Airport Lounge Access*
Complimentary Club Marriott Membership for a year*
Complimentary Golf sessions at select Golf courses*
Complimentary dining benefits at select hotels*
Offers from Premium Brands such as Ease my Trip, Cloud Tailor, Snitch, Giva, USPA etc*

For Latest Benefits,please visit VISA Opulence Debit Card

Offers available with Eterna Card
Welcome Benefit:	Complimentary 6 months membership of FitPass, Fit Coach & FitFeast worth Rs. 15,000
Rewards Program	3 Reward points* for every 100 spent 5X i.e. 15 Reward points* for every Rs. 100 spent on Ecom, International, Dining and Travel (Max. 5000 per month) Fuel surcharge waiver on transactions between Rs. 400 to Rs. 5000 (max. Rs.250 per month) Reward points can be redeemed for cashback @ 1 Reward Point = Rs. 0.25
Exclusive Benefits	Unlimited complimentary domestic airport lounge visits Accidental death cover: Air: 1 Cr; Non-air: 10 Lakhs Complimentary golf lessons at participating golf courses Smart EMI Option: Convert purchases above Rs. 2500 into 6/36 Months EMI s PayTM Movies: Buy one Get one free movie ticket (max. Rs. 250 per card per month) Lowest foreign currency mark-up of 2%
Reward point T&C	Spends done on Special MCCs earn core RP @ 1.5 Reward points for every Rs 100 spent and don’t qualify for 5X rewards. For list of special MCCs and detailed terms & conditions refer to BOBCARD LIMITED (Formerly known as BOB Financial Solutions Limited)

bob Masterstroke Saving Bank Account : Documents Required

List Of Valid KYC Documents For Account Opening

Permanent Account Number (PAN)/ FORM60 is mandatorily to be obtained while opening of the accounts as per extant Reserve Bank of India Guidelines.

Officially Valid Documents (OVDs) for Accounts of Individuals

Passport
Driving license with photo
Proof of possession of Aadhaar Number
Voter’s Identity Card issued by Election Commission of India,
Job card issued by NREGA duly signed by an officer of the State Government.
Letter issued by the National Population Register containing details of Name and Address.

Deemed Officially Valid Documents, In case OVD does not contains current/ updated address. (At least one document from the list is Required.)

Utility bill of any service provider i.e. electricity, telephone, postpaid mobile phone, piped gas, water bill (not more than two months old)
Property or Municipal Tax receipt;
Pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, If they contain the address;
 Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, and public sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation;

In case of Foreign Students

Copy of Passport and copy of Visa.
An Identity Card issued by college / institution.
An admission letter for the course mentioning duration of course for which he/ she is admitted by the Institute / College.
An allotment letter on letter head of the institution/ college for allotment of hostel accommodation duly singed by the authorized signatory, mentioning detailed address and location of hostel, room no. etc. and date of allotment of hostel accommodation etc. or a valid address proof giving local address in form of rent agreement within 30 days of opening of the account.

For NRI / Foreign Tourist For PIO/OCI

Passport
Valid Visa
PAN/FORM60

Address proof mentioning the current overseas address (any one of the below)

Documents issued by Govt. Deptt. of foreign jurisdictions i.e. Driving License, National Identification Card, Social Security Card, Employee Card and Labour Card, Tax Residency Certificate etc. having Name and Address of the Applicant Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant Utility bill of any service provider i.e. electricity, telephone, postpaid mobile phone, piped gas, water bill (not more than two months old) Property/ Municipal Tax Receipt
Letter of allotment of accommodation/ Leave and License agreements allotting official accommodation from employer issued by State or Central Govt. departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies.

For Foreign Nationals

PAN/FORM60 Valid Foreign Passport Valid Indian Visa	Address proof mentioning the current overseas address (any one)	Foreign Driving License Documents issued by Govt. Deptt. of foreign jurisdictions i.e. National Identification Card, Green Card and Social Security Card etc. having Name and Address of the Foreign National. Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant

PAN/FORM60
Valid Foreign Passport
Valid Indian Visa

Address proof mentioning the current overseas address (any one)

Foreign Driving License
Documents issued by Govt. Deptt. of foreign jurisdictions i.e. National Identification Card, Green Card and Social Security Card etc. having Name and Address of the Foreign National.
Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant

(FRRO/ FRO Certificate/ Permit/ Indian Driving License/ OVDs/ any Deemed OVD mentioned herein above, is required to be provided for Indian Address Proof.)

Accounts of Companies	Certificate of Incorporation Memorandum & Articles of Association. PAN No. of the Company Resolution of the Board of Directors and Power of Attorney granted to its managers, officers or employees to transact on its behalf; and Any one of the OVDs and PAN/FORM60 of the managers, officers or employees, as the case may be, holding an attorney to transact on its behalf with his / her photograph
Accounts of Sole Proprietary firms.	(Any two of the following documents to be obtained) Registration Certificate Certificate/ license issued by the municipal authorities under Shop & Establishment Act, Sales and income tax returns, CST/ VAT/GST Certificate (Provisional/Final), Certificate / registration document issued by Sales Tax / Service Tax / Professional Tax authorities. IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT or License/ certificate of practice issued in the name of proprietary concern by any professional body incorporated under statute Complete Income Tax return (not just the acknowledgement) in the name of Sole Proprietor where the Firm’s income is reflected, duly authenticated/ Acknowledged by the Income Tax Authorities. Utility bills such as electricity, water, and landline telephone bills in the name of the proprietary concern. In case where the branches are satisfied that it is not possible to furnish two such documents from the above list, they would have the discretion to accept only one of those documents as activity proof. In such cases, the branches would have to undertake contact point verification, collect information to establish the existence of such firm, confirm, and satisfy itself that the business activity has been verified from the address of the proprietary concern. AND Any one of the OVDs along with PAN/ FORM60 of the proprietor.
Accounts of Partnership firms. (Registered)	Registration certificate, Partnership deed; and PAN No. of the Partnership Firm, Any one of the OVDs and PAN/ FORM60 of the person holding an Attorney to transact on its behalf with his/ her photograph
Accounts of Trusts	Registration Certificate Trust Deed PAN/ FORM60 of Entity Any one of the OVDs and PAN/FORM60 of the person holding an Attorney to transact on its behalf with his/her photograph.
Accounts of Unincorporated Associations or body of individuals includes unregistered	Resolution of the Managing body of such association or body of individuals; PAN/ FORM60 of Unincorporated Associations or body of individuals Power of Attorney granted to transact on its behalf;
Partnership firm/ trusts and societies.	Any one of the OVDs and PAN/ FORM60 of the Office bearers / Signatories and persons holding Power of Attorney, if any with his/her photograph in respect of the person holding an Attorney to transact on its behalf; Any one of the below mentioned list of documents to collectively establish the legal existence of such an associations or body of individuals. Partnership Deed/ Trust Deed/ Bye Laws Certificate/ license issued by the municipal authorities under Shop & Establishment Act, Sales Tax Returns, CST/ VAT/ GST certificates (Provisional/ Final) Certificate/ registration document issued by Sales Tax/ Service Tax/ Professional Tax authorities. License/ certificate of practice issued in the name of proprietary concern by any professional body incorporated under statute. Complete Income Tax return (not just the acknowledgement) in the name of Sole Proprietor where the Firm’s income is reflected, duly authenticated/ Acknowledged by the Income Tax Authorities. Utility bills such as electricity, water, and landline telephone bills in the name of the concerns.
Accounts of Hindu Undivided Family	PAN Card of HUF. Declaration from the Karta. HUF Letter/ Declaration signed by all the coparcener and Karta. Any one of the OVDs and PAN/ FORM60 of the Karta with his / her photograph
Accounts of the Government or its Departments, societies, universities and local bodies like village panchayats etc.	Document showing name of the person authorized to act on behalf of the Government or its Departments, societies, universities and local bodies like village panchayats; Any one of the OVDs and PAN/FORM60 of the person holding an attorney to transact on its behalf and Any document to establish the legal existence of such an entity/ juridical person.
Account of Political Parties	Duly signed resolution of the working committee/ managing body as per bye- laws indicating details of the party president/ authorized signatory, tenure etc. PAN of the Political Party Power of Attorney granted to transact on its behalf; Duly authenticated copy of Constitution/ Bye laws of the Party Duly authenticated copy of Registration of Party with election commission Authority letter, on party letter head, from Party president/ Authorized signatory as per Bye-laws for opening of account mentioning address of the State Unit, Title of Account and operating instructions for authorized signatory with attestation of their signature and photograph. Any one of the OVDs and PAN/ FORM60 of the Office bearers / Signatories and persons holding Power of Attorney, if any with his/her photograph in respect of the person holding an Attorney to transact on its behalf;

bob Masterstroke Saving Bank Account : Fees & Charges

For Interest Rates & Charges Please. Click Here

bob Masterstroke Saving Bank Account : Most Important Terms and Conditions (MITC)

Minimum Quarterly Average Balance requirement

Metro/urban/semi-urban/rural: Rs. 10.00 lakh.
Computation: Minimum QAB requirement is calculated on the basis of summation of closing balance of number of days divided by the number of days.
Quarter will be as per Bank's extant guidelines which is presently as under: - Jan to Mar, Apr to Jun, Jul to Sep and Oct to Dec..

Charges for Not Maintenance of Quarterly Average Balance (QAB)

Metro/Urban/Semi-Urban/Rural: Rs. 3,000 + GST per quarter.
Calculation of the balance:

Sr	QAB	TD	Charges Applicable (Y/N)	Amount
1.	>= Rs 10.00 lacs	Not Required	N	NA
2.	>=Rs 5.00 lakhs < Rs. 10.00 lakhs	>= Rs. 10.00 lakhs	N	NA
3.	>=Rs 5.00 lakhs < Rs. 10.00 lakhs	< Rs. 10.00 lakhs	Y	Rs. 1,500=GST (50% of Charges)
4.	<Rs 5.00 lakhs	Not Applicable	Y	Rs. 3,000+ GST (100% of Charges)

If the balance remains below the benchmark level continuously for 3 months, the Bank may transfer this account to a normal savings bank account and shall recover the charges. All the facilities of bob Masterstroke Savings Bank Account will be withdrawn.