Bank of Baroda launches first savings account for women NRIs

Bank of Baroda has launched a specialised savings account for women NRIs, becoming the first Indian public sector bank to offer such a product. The BoB Global Women NRE & NRO Savings Account provides benefits including concessional rates on home and auto loans, reduced processing fees, full waivers on locker rent, and a customised debit card with complimentary airport lounge access. The account also comes with free personal and air accident insurance coverage.

Beena Vaheed, executive director at Bank of Baroda, said the bank aims to cater to the changing needs of global Indian women. "The bob Global Women NRE & NRO Savings Account recognises the changing dynamics of today’s global Indian women and is designed to empower them," she said.

In addition to the women-centric offering, the bank has upgraded its bob Premium NRE & NRO Savings Account. The enhanced account features a debit card with higher transaction limits, free airport lounge access, free safe deposit locker, and concessional loan rates.


Founded in 1908, Bank of Baroda operates in 17 countries and serves around 165 million customers. The new offerings are part of the bank’s strategy to strengthen its position in the global NRI banking segment.