The Business Bytes
TBB BUREAU
MUMBAI, OCTOBER 01, 2021
India’s premium public sector bank Bank of Baroda (BoB) celebrated “International Day for the Elderly” today by bringing a host of offers to senior citizens. With a view to provide convenient services to all the elderly, BoB would offer all types of doorstep banking services free to them throughout October.
BoB shows its commitment to provide best of customer service to the senior citizens of the country by giving them a convenient banking experience at each step. Celebrating the International Day for the Elderly across all its branches, the Bank is taking various steps to benefit the senior citizens by providing rewarding offers like additional interest rates on FD, offering complimentary Services under Doorstep Banking, concessions under Senior Citizen Privilege Account amongst various other initiatives to honour senior citizens. Besides, they can open the account at home through Video KYC on bob World.
To bring financial comfort on the interest earnings on Fixed deposits of Senior Citizens, Bank of Baroda is providing 1% additional interest rate on Fixed Deposits of above 5 years to up to 10 years tenure since June-2020, which is now extended up to March 31, 2022.
Conveying his wishes for a happy, healthy and long life to all senior citizens on the occasion of International Day for the Elderly, Bank of Baroda Executive Director Vikramaditya Singh Khichi said, “Bank of Baroda has always been at the forefront to give the best of services and is continuously enhancing its product offering to Senior Citizens. Covid pandemic has severely affected all segments, particularly the senior citizens who are most vulnerable and dependent on the interest rate earning from fixed deposits. Taking care of the elderly is an integral part of our country’s ethos and we are happy to take this tradition forward by strengthening our offerings and services to best suit the needs of our senior citizens.”
