Mumbai: Bank of Baroda has launched bob Masterstroke Savings Account, a premium offering aimed at high-net-worth clients. The account provides an array of exclusive services, including higher interest rates on balances through the Flexi Fixed Deposit facility, priority banking, and wealth management consultations. Customers also benefit from the bob World Opulence Visa Infinite Debit Card (Metal Edition) and a lifetime-free Eterna Credit Card, subject to eligibility. With higher daily limits on ATM withdrawals (Rs 5 lakh) and POS purchases (Rs 10 lakh), the account ensures flexibility and convenience.
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In addition to these features, the bob Masterstroke Savings Account offers unlimited free NEFT, RTGS, and IMPS transactions, as well as fee waivers on cash deposits, locker charges, and retail loan processing fees. The account includes a sweep facility for balances above Rs 20 lakh and provides a 0.25% concession on retail loan interest rates. Customers must maintain a Quarterly Average Balance (QAB) of Rs 10 lakh to avail of these benefits, with penal charges of Rs 3,000 per quarter for non-maintenance.
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The launch coincided with the appointment of cricketing legend Sachin Tendulkar as Bank of Baroda’s Global Brand Ambassador. Tendulkar will feature in all branding campaigns, starting with “Play The Masterstroke,” which aims to inspire customers to achieve their financial goals through the bank’s trusted legacy. With Tendulkar’s global recognition and the bank’s presence in 17 countries, the collaboration aims to enhance Bank of Baroda’s brand on an international level, while also supporting consumer education on financial literacy and fraud prevention.
“From its modest beginnings over a century ago, Bank of Baroda has grown into a leading banking institution, built on the principles of excellence, integrity, and innovation. These values resonate with me, and I believe they are crucial for success in any endeavour. I look forward to a meaningful collaboration with Bank of Baroda,” said Tendulkar on the collaboration.