बॉब जीवन सुरक्षा बचत खाता

• यह उत्‍पाद क्षेत्र वर्गीकरण पर ध्‍यान दिए बिना हमारी सभी शाखाओं में उपलब्‍ध होगा.
• कोई भी निवासी व्यक्ति, जिसने 18 वर्ष की आयु पूरी कर ली है लेकिन 60 वर्ष पूरे नहीं किए हैं, इस योजना के तहत खाता खोल सकते हैं और आवश्यक प्रीमियम अदा करने एवं स्वास्थ्य संबंधी सामान्य घोषणा पत्र (डीओजीएच) प्रस्तुत करते हुए इंडिया फर्स्ट लाइफ इंश्योरन्स कंपनी (आईएफएलआईसी) से रु. 5.00 लाख तक की राशि का जीवन बीमा कवर प्राप्त कर सकते हैं.
• खाते एक नाम से साथ ही साथ संयुक्त नाम (अधिकतम दो) से खोले जा सकते हैं तथा दोनों खाताधारक आवश्यक दस्तावेज एवं दोनों खाताधारकों के संबंध में प्रीमियम अदा करने पर बीमा के तहत कवर किए जा सकते हैं.
• वर्तमान खाते को उसी खाता संख्‍या के साथ ‘बड़ौदा जीवन सुरक्षा बचत खाता’ के रुप में परिवर्तित किया जा सकता है.
• न्यूनतम रु. 1000/- जमा करते हुए खाता खोलना. 
• दैनिक जमा शेष के आधार पर न्यूनतम रु. 1000/- का जमाशेष

• बचत बैंक यदि औसत तिमाही बकाया शेष – रु. 2.00 लाख से अधिक – कोई शुल्‍क नहीं.	वैयक्तिकृत चेक – यदि रु. 2 लाख तक औसत बकाया शेष तो रु. 5 प्रति चेक बुक पन्‍ना. (* एक वित्‍तीय वर्ष में 30-पन्‍नों पर प्रभार नहीं लिया जाएगा.)
  गैर वैयक्तिकृत चेक – (प्रति कैलेंडर वर्ष 30 पन्‍नों पर प्रभार नहीं लगाया जाएगा) तत्‍पश्‍चात रु. 3.00 प्रति पन्‍ना. *वैयक्तिकृत और गैर-वैयक्तिकृत चेक बुक के लिए वित्‍तीय वर्ष में 30-पन्‍नों पर प्रभार नहीं लिया जाएगा.

• ''इंडिया फर्स्ट लाइफ इन्श्योरन्स लि.'' से रु.5.00 लाख तक (न्यूनतम रु. 1.00 लाख के गुणक में) तक का जीवन बीमा कवर बिना किसी मेडिकल जांच के तथा केवल अच्छे स्वास्थ्य संबंधी घोषणा (डीओजीएच) प्रस्तुत करने पर ग्राहक के खर्चे पर निम्नलिखित प्रीमियम दर पर प्रदान किया जाएगा. 

• बीमा कवर को प्रीमियम भुगतान के पश्चात प्रतिवर्ष नवीकृत किया जाएगा. आयु की गणना पिछली जन्मतिथि को पूर्ण किए गए वर्ष के आधार पर की जाएगी. खाता खोलते समय बीमा कवर की राशि के चयन का केवल एक विकल्प उपलब्ध होगा और बीमित राशि को बदलने के लिए भविष्य में कोई विकल्प उपलब्ध नहीं होगा. कवर को नवीकृत करने के लिए कोई अनुग्रह अवधि नहीं प्रदान की जाएगी और ग्राहक से यह अपेक्षा की जाएगी कि वह अपने खाते में कवर के नवीकरण के संबंध में बीमा प्रिमियम के भुगतान हेतु पर्याप्त जमाशेष बनाए रखे.
• बीमा प्रीमियम हेतु ग्राहक द्वारा भुगतान की गई राशि आयकर अधिनियम के 80(सी) के तहत कटौती हेतु स्वीकार्य है. प्रति व्यक्ति केवल एक बीमा कवर किया जा जकता है. संयुक्त खाते के संबंध में संयुक्त खाता धारक के लिए अलग-अलग प्रीमियम राशि का भुगतान किया जाएगा. 

Transactions of saving oriented nature are permitted. Commercial transactions are non-allowable transactions. If non-allowable transactions are noticed, then bank may close the account with prior notice/intimation citing reasons thereof. Any resident individual who has attained the age of 18 years and has not completed the age of 70 years can open account under this scheme and avail the facility of Life Insurance Cover from IndiaFirst Life Insurance Co. Ltd (IFLIC) up to an amount of Rs. 5,00,000/- lakhs after payment of required premium and submission of Good Health Declaration Form (DOGH). Accounts can be opened in single name as well as in joint names (maximum two).

Minimum Balance Requirement

• 1000 on Daily Basis.

Charges for Non Maintenance of Minimum Balance

• 6% of the actual shortfall amount on a monthly basis subject to maximum Rs.40/- and minimum Rs.20/-

Cash Deposit

• At Base/local Non-Base Branch
  1. Any amount - Free of Charge.
• At Out-Station Branches
  1. Free up to Rs. 30,000/- per day per account, thereafter chargeable @ Rs. 2.50 plus GST per thousand or part thereof.
• At Cash Machines
  1. Cash deposit with Debit Card up to Rs. 2,00,000/- per day is allowed where PAN is registered and Rs. 49,999/- where PAN is not registered in account.
  2. Card less transaction (by feeding account number) is allowed up to Rs. 20,000/- per day.

Cash Withdrawal

• At Base/Local Non-Base and Outstation Branches: No Charges.
• Maximum Rs. 50,000/- per day withdrawal allowed to A/c holder only at outstation branches.
• Third party cash payment at local non-base branches and outstation branches is totally restricted.

Withdrawals & use of Withdrawal Form (Slip)

• Withdrawals will be allowed either by withdrawal forms or by cheques. Payment against withdrawal form along with passbook is allowed only for self only with per day limit of Rs. 25,000/- (Minimum Rs. 25/- in Rural/SU and Rs. 50/- in Metro/Urban).

Passbook and Statement of Account

• Free passbook.
• 100/- per duplicate passbook/statement with latest balance only.

Cheque Book Charges

• Saving Bank If Average Quarterly Balance - above Rs.2.00 lacs – No Charge.	Personalised Cheques – If average balance upto Rs.2 lac Rs.5 per Chq. Book leaves. (*30- leaves will be not chargeable in a financial year.
  Non Personalised Cheques – (30 leaves per calendar year not chargeable) Beyond that Rs.3.00 per leaf. *Total 30 leaves will be free for financial year for personalized and non personalized cheque book

Registration and Execution of Standing Instructions

• No charge within the Bank and Rs. 100 for outside the Bank.
• 100/- per occasion will be levied for Standing Instruction failure because of insufficient funds.

Transfer of Account/Scheme

• Upon submission of application along with passbook and unused cheque leaves the account can be transferred to another branch/scheme free of charge.

Closure of Account

• All the authorized signatories of the account will give in writing with his/her/their intention to close the account. The relative passbook, debit card and the unused leaves should be surrendered along with the letter requesting closure.
• In case of premature closure of the account no charges will be levied if the account is closed within 14 days of first customer induced credit into the account. However, charges @ Rs. 200 is levied if account is closed beyond 14 days but within 1 year of the first customer induced transaction. However, in case of death of account holder no charges will be levied.

Interest Calculation and Frequency

• Interest for the period February to April will be credited in May, Interest for May to July will be credited in August, interest for August to October will be credited in November and interest for November to January will be credited in February every year.

Dormant/Inoperative Account

• Account becomes Inoperative/Dormant if there are no customer induced transactions in Savings Accounts for over a period of Two Years.
• Interest is continued to be applied in all such savings bank accounts.
• No charges are levied for in-operation of accounts.
• Activation/closure of dormant/inoperative accounts will be done after submission of necessary KYC documents, photo, fresh specimen signature, subject to satisfaction of the bank.
• All accounts which have remained inoperative/dormant for a period of 10 years and above will be treated as unclaimed deposits and will be transferred to RBI. Upon receipt of the request from the customer such deposits will be returned subject to conditions.

SMS Alerts and Charges

• Charges @ Rs. 15 per quarter are levied.

Nomination

• Nomination facility available.

Auto/Reverse Sweep Facility

• Auto sweep out will happen beyond threshold limit of Rs. 5,000/- to Short Deposit of 180 days in multiple of Rs. 5,000/- and case of requirement in SB A/c auto Reverse Sweep in multiple of Rs. 1,000 on LIFO Pattern (last in first out).
• However, for premature withdrawals of all deposits, interest will be paid one per cent less than the rate which is applicable at the time of placing the deposit, for the period for which the deposit has actually run.
• Sweep will take place on every Monday.

Debit Card Charges

• Free Debit Card for the 1^st Year then Std. Charges will be levied.

Rules for Transfer/Inter-sol Transfer/Clearing Transactions and Charges

• Transfer Transaction at Base Branch: Allowed freely without any limit.
• Transfer Transaction at Non-Base Branch (local as well as outstation): Normally allowed only at a branch where either drawer or payee maintains account. However, for genuine transactions, branch head is authorized to allow transactions at non-base branch (where neither drawer nor payee maintains account) on case to case basis subject to certain conditions.
• There are no charges for Inter-sol transfer transactions.

Disclosure of Information

• The Bank may disclose information about customer’s account, if required and permitted by law, rule or regulations, or at the request of any public or regulatory authority or if such disclosure is required for the purpose of preventing frauds, or in public interest, without specific consent of the account holder(s).
• All relevant policies including code of commitments to customers and Grievance Redressal Policy are available at the Branches.
• MITCs OF ATM/DEBIT Card, Mobile Banking, Net-Banking in Application Forms are available separately.
• The Bank will notify, 30 days in advance, any change in terms and conditions/ Fees and charges on its Website.
• Deposits along with interest kept in different Branches of our Bank is insured by Deposit Insurance & Credit Guarantee Corporation (DICGC) maximum upto Rs 5,00,000( Rs 5 lakh).

Transactions

• Transactions of saving oriented nature are permitted. Commercial transactions are non-allowable transactions. If non allowable transactions are noticed then Bank may close the account with prior notice/intimation citing reasons thereof. In case of single account of minor to be operated by him/her the maximum balance outstanding on any day should not be more than Rs. 100000/- when the minor is aged between 10-14 years.