Step up to the crease with Masterstroke Lite

The ultimate all-rounder in savings accounts, offering flexible access and robust features tailored for your convenience

bob Masterstroke LITE Saving Bank Account

Masterstroke Lite – your trusted opener in savings. Play the perfect innings with perks, protection, and rewards. Swing through travel, OTT, and insurance.

Benefits
Features
Eligibility Criteria
Documents Required
Fees & Charges
Most Important Terms and Conditions (MITC)

bob Masterstroke LITE Saving Bank Account : Benefits

Note : "T&C Apply"

bob Masterstroke LITE Saving Bank Account : Features

Sr	PARAMETERS	Features
1	Average Quarterly Balance (MAB)	Rs. 5,00,000 or Rs. 2.50 lakh MAB and Rs. 5.00 Lakhs TD
2	Eligibility	All including NRIs
3	Eligible Branches	All
4	Account Opening Channels	All (Branch, RLBO, TAB and bobWorld etc.)
5	Debit Card Variant	EMT Platinum Debit Card
6	Debit Card Issuance and Renewal charges	100% Waiver on Fee
7	Reduced forex mark up	1%
8	Free Cheque Leaves	FREE UNLIMITED
9	Demand Draft/Debit Cheque	FREE UNLIMITED
10	RTGS/NEFT	FREE UNLIMITED
11	IMPS / UPI	FREE UNLIMITED
12	Transaction Charges	FREE UNLIMITED
13	SMS / Email Alerts	FREE UNLIMITED
14	Discount on Depository Services / Demat AMC	LIFETIME FREE
15	Discount on Issuance / Renewal Fee of Prepaid Cards / Gift cards	50%
16	Discount on Annual Locker Rent (1- Locker only, Subject to Availability)	Rs. 750/- Discount on any size Locker
17	Sweep facility Allowed	Yes
18	Sweep minimum threshold	Rs. 10,00,000/-
19	FFD Period	181 Days
20	Sweep out in Multiple of	Rs. 25,000/-
21	Sweep in multiple of	Rs. 10,000/-
22	Banking @call Facility (DSBS)	1 / per Month
23	Credit Card	Life time Free ETERNA CREDIT CARD
24	Waiver in processing charges on HOME Loans, Mortgage Loans. Subject to recovery of minimum charges per property to be mortgaged as out of pocket expenses (for legal, valuation, Inspection etc) & only on New Sanctions after Account open / conversion Date).	50%
25	Credit Card	Life time Free ETERNA CREDIT CARD
26	Concession in Interest Rates of 4Wheeler Loans, Home, Mortgage, Personal & Education Loans* (ROI not to go below Minimum Rate set by Bank & only on New Sanctions after Account open / conversion Date)	0.10%
27	No of Free Cash withdrawal in a month	10
28	No of Free Cash Deposit in a month	10
29	Scheme Conversion	Allowed

Charges for Non-Maintenance of MAB

Scenario	Charges
IF MAB is less than Rs 2.50 lakhs	6% of the Actual Shortfall from Rs 5.00 lakhs on a monthly basis, subject to Minimum Rs. 150.00 & Maximum Rs. 750.00
IF MAB is between Rs 2.50 lakhs and Rs. 5.00 lakhs, then read TD. IF TD is less than Rs. 5.00 lakhs,	6% of the Actual Shortfall from Rs 5.00 lakhs on a monthly basis subject to Minimum Rs. 100.00 & Maximum Rs. 500.00
IF MAB is between Rs 2.50 lakhs and Rs. 5.00 lakhs, then read TD. IF TD is Rs. 5.00 lakhs and above	No Charges
IF MAB is Rs 5.00 lakhs and above	No Charges

Sr No	USP
1	Air Accident Insurance up to Rs. 50 lacs
2	Personal accident and permanent disability cover up to Rs. 10 Lacs
3	Complimentary domestic & International airport lounge access (2+2 per quarter)
4	Hotel Bookings: Domestic- 15% instant discount maximum up to Rs. 5,000/-; International- 15% instant discount maximum up to Rs. 10,000/-
5	Flight Bookings: Domestic- 10% instant discount maximum up to Rs. 1,000/-; International- 15% instant discount maximum up to Rs. 5,000/-
6	OTT: Amazon Prime or Zee5 or SonyLiv annual membership anyone once per annum
7	Shopping: Big Basket or Blinkit, and Flipkart voucher worth INR 250 once per quarter
8	Bookmyshow: Flat INR 250 off on 2 movie/non-movie tickets once per quarter
9	Gaana+: Gaana Plus Pack - 12 Month complimentary subscription (per annum)
10	Amazon: 20% instant discount up to INR 100/- per order per month on recharge/bill payment on a Minimum Order Value of INR 129 only on Fridays.
11	Swiggy: 20% instant discount up to INR 100/- per user per month on a Minimum Order Value of INR 129 only on Fridays

For Latest Benefits, please visit https://www.bankofbaroda.in/personal-banking/digital-products/cards/debit-cards/bank-of-baroda-emt-debit-card

Offers available with Eterna Card
Welcome Benefit:
Complimentary 6 months membership of FitPass, Fit Coach & FitFeast worth Rs. 15,000
Rewards Program:
• 3 Reward points for every 100 spent • 5X i.e. 15 Reward points for every Rs. 100 spent on Ecom, International, Dining and Travel (Max. 5000 per month) • Fuel surcharge waiver on transactions between Rs. 400 to Rs. 5000 (max. Rs.250 per month) • Reward points can be redeemed for cashback @ 1 Reward Point = Rs. 0.25 • Rewards Program is not applicable on Select MCCs
Exclusive Benefits:
• Unlimited complimentary domestic airport lounge visits • Accidental death cover: Air: 1 Cr; Non-air: 10 Lakhs Smart EMI Option: Convert purchases above Rs. 2500 into 6/36 Months EMI s District Movies: Buy one Get one free movie ticket (max. Rs. 250 per card per month) Lowest foreign currency mark-up of 2% **Lounge benefit is subject to minimum spends of Rs 40000 in preceding calendar quarter.
Reward point T&C
Rewards Program is not applicable on Select MCCs don’t qualify for 5X rewards. For list of special MCCs and detailed terms & conditions refer to BOBCARD LIMITED (Formerly known as BOB Financial Solutions Limited)

bob Masterstroke LITE Saving Bank Account : Eligibility Criteria

All individuals 18 years and above
Average Balance Required: MAB - Rs. 5,00,000
OR
Rs 2,50,000 (SB) & 5,00,000 (TD)

bob Masterstroke LITE Saving Bank Account : Documents Required

List Of Valid KYC Documents For Account Opening

Permanent Account Number (PAN)/ FORM60 is mandatorily to be obtained while opening of the accounts as per extant Reserve Bank of India Guidelines.

Officially Valid Documents (OVDs) for Accounts of Individuals

Passport
Driving license with photo
Proof of possession of Aadhaar Number
Voter’s Identity Card issued by Election Commission of India,
Job card issued by NREGA duly signed by an officer of the State Government.
Letter issued by the National Population Register containing details of Name and Address.

Deemed Officially Valid Documents, In case OVD does not contains current/ updated address. (At least one document from the list is Required.)

Utility bill of any service provider i.e. electricity, telephone, postpaid mobile phone, piped gas, water bill (not more than two months old)
Property or Municipal Tax receipt;
Pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, If they contain the address;
 Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, and public sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation;

In case of Foreign Students

Copy of Passport and copy of Visa.
An Identity Card issued by college / institution.
An admission letter for the course mentioning duration of course for which he/ she is admitted by the Institute / College.
An allotment letter on letter head of the institution/ college for allotment of hostel accommodation duly singed by the authorized signatory, mentioning detailed address and location of hostel, room no. etc. and date of allotment of hostel accommodation etc. or a valid address proof giving local address in form of rent agreement within 30 days of opening of the account.

For NRI / Foreign Tourist For PIO/OCI

Passport
Valid Visa
PAN/FORM60

Address proof mentioning the current overseas address (any one of the below)

Documents issued by Govt. Deptt. of foreign jurisdictions i.e. Driving License, National Identification Card, Social Security Card, Employee Card and Labour Card, Tax Residency Certificate etc. having Name and Address of the Applicant Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant Utility bill of any service provider i.e. electricity, telephone, postpaid mobile phone, piped gas, water bill (not more than two months old) Property/ Municipal Tax Receipt
Letter of allotment of accommodation/ Leave and License agreements allotting official accommodation from employer issued by State or Central Govt. departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies.

For Foreign Nationals

PAN/FORM60 Valid Foreign Passport Valid Indian Visa	Address proof mentioning the current overseas address (any one)	Foreign Driving License Documents issued by Govt. Deptt. of foreign jurisdictions i.e. National Identification Card, Green Card and Social Security Card etc. having Name and Address of the Foreign National. Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant

PAN/FORM60
Valid Foreign Passport
Valid Indian Visa

Address proof mentioning the current overseas address (any one)

Foreign Driving License
Documents issued by Govt. Deptt. of foreign jurisdictions i.e. National Identification Card, Green Card and Social Security Card etc. having Name and Address of the Foreign National.
Letter Issued by Foreign Embassies or Mission in India having Name and Address of the Applicant

(FRRO/ FRO Certificate/ Permit/ Indian Driving License/ OVDs/ any Deemed OVD mentioned herein above, is required to be provided for Indian Address Proof.)

Accounts of Companies	Certificate of Incorporation Memorandum & Articles of Association. PAN No. of the Company Resolution of the Board of Directors and Power of Attorney granted to its managers, officers or employees to transact on its behalf; and Any one of the OVDs and PAN/FORM60 of the managers, officers or employees, as the case may be, holding an attorney to transact on its behalf with his / her photograph
Accounts of Sole Proprietary firms.	(Any two of the following documents to be obtained) Registration Certificate Certificate/ license issued by the municipal authorities under Shop & Establishment Act, Sales and income tax returns, CST/ VAT/GST Certificate (Provisional/Final), Certificate / registration document issued by Sales Tax / Service Tax / Professional Tax authorities. IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT or License/ certificate of practice issued in the name of proprietary concern by any professional body incorporated under statute Complete Income Tax return (not just the acknowledgement) in the name of Sole Proprietor where the Firm’s income is reflected, duly authenticated/ Acknowledged by the Income Tax Authorities. Utility bills such as electricity, water, and landline telephone bills in the name of the proprietary concern. In case where the branches are satisfied that it is not possible to furnish two such documents from the above list, they would have the discretion to accept only one of those documents as activity proof. In such cases, the branches would have to undertake contact point verification, collect information to establish the existence of such firm, confirm, and satisfy itself that the business activity has been verified from the address of the proprietary concern. AND Any one of the OVDs along with PAN/ FORM60 of the proprietor.
Accounts of Partnership firms. (Registered)	Registration certificate, Partnership deed; and PAN No. of the Partnership Firm, Any one of the OVDs and PAN/ FORM60 of the person holding an Attorney to transact on its behalf with his/ her photograph
Accounts of Trusts	Registration Certificate Trust Deed PAN/ FORM60 of Entity Any one of the OVDs and PAN/FORM60 of the person holding an Attorney to transact on its behalf with his/her photograph.
Accounts of Unincorporated Associations or body of individuals includes unregistered	Resolution of the Managing body of such association or body of individuals; PAN/ FORM60 of Unincorporated Associations or body of individuals Power of Attorney granted to transact on its behalf;
Partnership firm/ trusts and societies.	Any one of the OVDs and PAN/ FORM60 of the Office bearers / Signatories and persons holding Power of Attorney, if any with his/her photograph in respect of the person holding an Attorney to transact on its behalf; Any one of the below mentioned list of documents to collectively establish the legal existence of such an associations or body of individuals. Partnership Deed/ Trust Deed/ Bye Laws Certificate/ license issued by the municipal authorities under Shop & Establishment Act, Sales Tax Returns, CST/ VAT/ GST certificates (Provisional/ Final) Certificate/ registration document issued by Sales Tax/ Service Tax/ Professional Tax authorities. License/ certificate of practice issued in the name of proprietary concern by any professional body incorporated under statute. Complete Income Tax return (not just the acknowledgement) in the name of Sole Proprietor where the Firm’s income is reflected, duly authenticated/ Acknowledged by the Income Tax Authorities. Utility bills such as electricity, water, and landline telephone bills in the name of the concerns.
Accounts of Hindu Undivided Family	PAN Card of HUF. Declaration from the Karta. HUF Letter/ Declaration signed by all the coparcener and Karta. Any one of the OVDs and PAN/ FORM60 of the Karta with his / her photograph
Accounts of the Government or its Departments, societies, universities and local bodies like village panchayats etc.	Document showing name of the person authorized to act on behalf of the Government or its Departments, societies, universities and local bodies like village panchayats; Any one of the OVDs and PAN/FORM60 of the person holding an attorney to transact on its behalf and Any document to establish the legal existence of such an entity/ juridical person.
Account of Political Parties	Duly signed resolution of the working committee/ managing body as per bye- laws indicating details of the party president/ authorized signatory, tenure etc. PAN of the Political Party Power of Attorney granted to transact on its behalf; Duly authenticated copy of Constitution/ Bye laws of the Party Duly authenticated copy of Registration of Party with election commission Authority letter, on party letter head, from Party president/ Authorized signatory as per Bye-laws for opening of account mentioning address of the State Unit, Title of Account and operating instructions for authorized signatory with attestation of their signature and photograph. Any one of the OVDs and PAN/ FORM60 of the Office bearers / Signatories and persons holding Power of Attorney, if any with his/her photograph in respect of the person holding an Attorney to transact on its behalf;

bob Masterstroke LITE Saving Bank Account : Fees & Charges

For Interest Rates & Charges Please. Click Here

bob Masterstroke LITE Saving Bank Account : Most Important Terms and Conditions (MITC)

Benefits and concessions -

Only -1- concession is to be provided from -2- or more concessions if any running at that time, however higher of all may be provided to the Account Holders.
Features will be available only till the Account remains in the Masterstroke LITE Scheme code. After closure or Scheme Code Conversion to other Schemes, All the Features, Discount, Waiver and Concessions will be withdrawn from the date of closure or Transfer out.

Interest Rates of Retails Loans after concessions in the scheme should not go below the minimum rates set by the Bank.

For Rate of Interest on Retail Loans, concessional ROI effect will be provided upon positive confirmation from CBS regarding the maintenance of MAB.
Property Mortgage Charges and other Out of Pocket Charges in Retail Loans as per Bank’s latest Schedule of Service Charges are to be borne by the Masterstroke Account Holders. No Concessions are provided in these charges under this scheme.

Minimum Monthly Average Balance requirement

Metro/urban/semi-urban/rural: Rs. 5.00 lakh.
Computation: Minimum MAB requirement is calculated on the basis of summation of closing balance of number of days divided by the number of days.
Quarter will be as per Bank's extant guidelines which is presently as under: - Jan to Mar, Apr to Jun, Jul to Sep and Oct to Dec..

Charges for Not Maintenance of Monthly Average Balance (MAB)

Scenario	Charges
IF MAB is less than Rs 2.50 lakhs	6% of the Actual Shortfall from Rs 5.00 lakhs on a monthly basis, subject to Minimum Rs. 150.00 & Maximum Rs. 750.00
IF MAB is between Rs 2.50 lakhs and Rs. 5.00 lakhs, and IF Term Deposit is less than Rs. 5.00 lakhs,	6% of the Actual Shortfall from Rs 5.00 lakhs on a monthly basis subject to Minimum Rs. 100.00 & Maximum Rs. 500.00
IF MAB is between Rs 2.50 lakhs upto Rs. 5.00 lakhs, IF Term Deposit is Rs. 5.00 lakhs and above	No Charges
IF MAB is Rs 5.00 lakhs and above	No Charges
MAB – Monthly Average Balance

If the balance remains below the benchmark level continuously for 3 months, the Bank may transfer this account to a normal savings bank account and shall recover the charges. All the facilities of bob Masterstroke Savings Bank Account will be withdrawn.

Withdrawal(s) & 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 for self only with per day limit of Rs. 25000/- (Minimum Rs. 25/- in Rural/SU and Rs. 50/- in Metro/Urban).

Transfer of Account/ Scheme

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

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 account 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.

Nomination Facility

Nomination facility available.

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.

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.

Others:

The Bank reserves the right to change/ modify/ withdraw/ suspend the offers from time to time
The Bank will not be responsible or liable in case any of the offers are not configured or could not be availed due to any restrictions including DNC/ NDNC or any delay, congestion on any telephone network or line or issues related to computer on-line system, servers or providers, website or mobile app or any other reason beyond the control of the Bank.
In case of any issues relating to the above Offer including any dispute or discrepancy or non-receipt of voucher or on the eligibility, the Bank’s decision shall be final and binding in all respects and the same shall not be disputed by the Customer.