New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Which bank has launched a Lifetime Zero Balance Savings Bank Account that offers customers a hassle-free banking experience without any minimum balance requirement & also comes with a lifetime free RuPay Platinum Debit Card on maintaining a nominal Quarterly Average Balance (QAB) in the account?

    A Indian Overseas Bank Correct Answer Incorrect Answer
    B Union Bank of India Correct Answer Incorrect Answer
    C UCO Bank Correct Answer Incorrect Answer
    D Bank of Baroda Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bank of Baroda (BoB) has introduced bob LITE Savings Account, which is a Lifetime Zero Balance Savings Bank Account. bob LITE offers customers a hassle-free banking experience without any minimum balance requirement. Further, to cater to the requirements of different customer segments, the bob LITE account also comes with a lifetime free RuPay Platinum Debit Card on maintaining a nominal Quarterly Average Balance (QAB) in the account and account holders can also avail a lifetime free credit card, subject to eligibility.

    Practice Next