Current Context: The Bank of Baroda has launched ‘Insta Click Savings Account’.
- The ‘Insta Click Savings Account’ is a paperless digital self-assisted saving account.
- In order to access this account in real time, user will have to use the Baroda M Connect plus application. On accessing this application the use will get MPIN on registered mobile number via which the user can access this account digitally.
- The aim behind launching this ‘Insta Click Savings Account’ is that BOB is working to digitize its all work by 2023 and become 100% paperless.
- Features of ‘Insta Click Savings Account’: Account requires authentication from the customer, account can be opened instantly, no minimum balance amount is required to maintain in the account, card less withdrawal facility, account can be funded using virtual ID or UPI ID or by IMPS or NEFT.
- Static Part:
- HQ of BOB: Vadodara, Gujrat
- MD and CEO of BOB: Sanjiv Chadha
- Tagline of BOB: India’s International Bank
Question:
Q.1 Which bank launched ‘Insta Click Savings Account’?
a. Punjab National Bank
b. RBL Bank
c. Bank of Baroda
d. HDFC Bank
a. Punjab National Bank
b. RBL Bank
c. Bank of Baroda
d. HDFC Bank
