Bank of Baroda has introduced a festive campaign titled "bob ke Sang Tyohaar Ki Umang - Shubh Bhi, Labh Bhi" in Guwahati, providing promotional benefits across retail and MSME loans, savings products, and debit card usage. Under this initiative, home loans start at an interest rate of 7.40 per cent and feature quick sanctions, minimal paperwork, and zero processing fees. Additionally, the bank offers bob Swabhoomi plot loans for land purchases intended for house building. Special interest-rate concessions of 0.05 per cent are available for women, while eligible borrowers such as certain salary account holders and individuals under 40 years of age can receive a 0.10 per cent concession.
Car loans under the campaign begin at 7.85 per cent interest with digital processing and quick approvals. Customers buying electric vehicles through bob Green Wheels loans benefit from an extra 0.15 per cent interest-rate concession and a longer repayment schedule. Debit cardholders can access instant discounts on groceries, travel, shopping, and food with participating merchants. The campaign also features savings products designed for women, including the bob Global Women NRE/NRO Savings Account with an Auto Sweep feature and complimentary accident insurance. The bob Women Sapphire Savings Account includes cancer care coverage up to Rs 10 lakh, family online doctor consultations, and Tiara Credit Card offers, while the bob Flexi Systematic Deposit Plan permits monthly savings starting at Rs 500 with fixed interest rates.
For micro, small and medium enterprises, the bank provides solutions such as bob Green Plug financing up to Rs 5 crore for electric vehicle charging stations and battery-swapping infrastructure, as well as a Construction and Mining Equipment Financing scheme with up to 60 months of repayment tenure. The Baroda Mahila Swavalamban scheme delivers collateral-free financing, a complimentary QR code for transactions, and competitive interest rates for women entrepreneurs. Further details and future updates on the bank's digital access via the BHIM App were noted in a press release.
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