Economy, Banking and Finance · 12 March 2026

Bank of Baroda (BoB) launches bob Women Sapphire Savings Account with ₹10 lakh cancer cover

Exam-focused facts from the 12 March 2026 current affairs briefing.

Key facts

  • Bank of Baroda (BoB) has introduced the bob Women Sapphire Savings Account, a premium savings product designed specifically for women.
  • The account mandates a Monthly Average Balance (MAB) of ₹1 lakh and includes a complimentary cancer care coverage plan worth ₹10 lakh for women aged between 18 and 60 years.
  • It features the bob Bhoomi RuPay Select Debit Card, which provides benefits such as domestic airport lounge access, gym memberships, and Over-the-Top (OTT) subscriptions.
  • Health and wellness benefits include free online doctor consultations for up to six family members, a 15% concession on medicines, and a 20% concession on pathology tests.
  • The account offers a 50% waiver on home loan processing fees and a 20% discount on locker charges up to a maximum of ₹500.
  • Account holders are eligible for the BOBCARD Tiara Credit Card, featuring a 50% first-year fee waiver in the form of reward points and unlimited domestic airport lounge access.