Mumbai, Jan 16: 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)
