MUMBAI: Bank of Baroda, one of India’s most trusted banks with a wide international presence, today announced that the Bank has signed cricketing legend Sachin Tendulkar as the Bank’s Global Brand Ambassador. The strategic partnership between Sachin Tendulkar and the Bank of Baroda is built on a profound alignment of core values like excellence & trust. The partnership comes at an opportune time with the Bank of Baroda poised to script the next phase of its transformation journey as it pursues a faster growth trajectory, leveraging Sachin’s brand aura.

Bank of Baroda is launching its first campaign featuring Sachin called “Play The Masterstroke”. The campaign encourages people to play a masterstroke and score big to realize their financial aspirations by choosing a Bank that is trusted by millions and backed by a legacy of over a century.

With his mass appeal cutting across all corners of the country and encompassing India’s diverse demographics, Sachin will be positioned as Bank of Baroda’s Brand Ambassador featuring in all the Bank’s branding campaigns, consumer education & awareness programs on financial literacy & fraud prevention and customer & employee engagement programs. Bank of Baroda is present across 17 countries and Sachin as a global sporting icon will help elevate the Bank of Baroda brand in the international arena as well.

Commenting on the association, Shri Debadatta Chand, Managing Director & CEO, of Bank of Baroda said, “It is a moment of great pride for Bank of Baroda to announce Sachin Tendulkar, one of India’s sporting legends, as our global brand ambassador. Sachin is a global icon who has always led by example, inspiring us through his actions both on and off the field. Just as he has galvanized a nation through his remarkable career, the Bank of Baroda has been a trusted partner for millions across the country, enabling them to achieve their financial aspirations. Sachin represents the epitome of Leadership, Excellence, Trust, Consistency, and a Legacy that transcends generations – values that form the bedrock of Bank of Baroda’s century-long journey. We are excited to partner with Sachin and bring this association to life.”

The Bank also announced the launch of the ‘Bob Masterstroke Savings Account’, an exclusive savings bank account designed especially for clients desiring premium services. The ‘Bob Masterstroke Savings Account’, emphasizes best-in-class features, reliability, and long-term financial planning in its product construction and design.

Augmenting the Bank’s offerings for its high-end customers, the Bob Masterstroke account comes with several features such as a higher interest rate on account balances through the Flexi Fixed Deposit facility, concessional ROI on retail loans, the Bob World Opulence Visa Infinite Debit Card (Metal Edition) and a lifetime-free Eterna Credit Card (subject to eligibility). bob Masterstroke account holders will also receive priority banking/ wealth management consultations, higher cash withdrawal limits, and other exclusive perks. Customers have to maintain a Quarterly Average Balance of Rs 10 lakh in the account. 

Sharing his thoughts on the partnership, Sachin Tendulkar said, “I am happy to partner with Bank of Baroda, an organization which has evolved and continues to be relevant with the times. From its modest beginnings over a century ago, the Bank of Baroda has grown into a leading banking institution, built on the principles of excellence, integrity, and innovation. These values resonate with me, and I believe they are crucial for success in any endeavor. I look forward to a meaningful collaboration with Bank of Baroda.”

“Our aspiration is that every citizen of the country “Plays The Masterstroke” by choosing Bank of Baroda as their preferred banking partner,” added Shri Chand.

The post Sachin Tendulkar Becomes Global Brand Ambassador for Bank of Baroda appeared first on NRI News.

MUMBAI: Celebrating the newness of the year. DCB Bank, a new-generation private sector bank, is delighted to announce its latest offering, ’DCB Happy Savings Account.’ This innovative account is set to redefine the banking experience, making it both convenient and rewarding for its customers.

Account holders will now have the opportunity to enjoy cashback rewards on their eligible UPI debit transactions within India. The rewards can go as high as  Rupees 7,500 per financial year on eligible UPI transactions. UPI transactions are ubiquitous, therefore the more transactions an individual does via DCB Happy Savings Account, the more one stands to earn as cashback rewards. The minimum UPI transaction amount is just Rupees 500.

To keep the happiness flowing, account holders will need to maintain an average quarterly balance of Rupees 25,000 in their DCB Happy Savings Account.

The table below indicates the salient features of the scheme:

In addition to the enticing cashback rewards, DCB Happy Savings Account offers a host of benefits, including unlimited free access to all DCB Bank ATMs in India, free unlimited use of online RTGS, NEFT, and IMPS facilities, DCB Personal Internet Banking, and DCB Mobile Banking App.

“We are excited to introduce the DCB Happy Savings Account, a product that offers the best of both worlds—exciting cashback rewards and a seamless banking experience,” said Mr. Praveen Kutty, Head of Retail & Agri Banking at DCB Bank. “We believe this account will empower our customers to make the most of their everyday banking, with the potential to earn significant cashback while maintaining the required average quarterly balance. This is a testament to our commitment to providing innovative and rewarding banking solutions to our valued customers.“

It is important to note that the minimum Average Quarterly Balance (AQB) for the DCB Happy Savings Account is INR 10,000. To be eligible for cashback rewards, account holders must maintain an AQB of INR 25,000. Cashback for a specific quarter will be credited to the customer’s account in the first month of the following quarter, with a maximum cashback of INR 625 per month and INR 7,500 per year.

This exciting cashback offer is available to new customers as well as existing account holders who request for transfer of their account(s) from any other savings bank account type to DCB Happy Savings Account.

The post DCB Bank Launches Happy Savings Account with Cashback Rewards for UPI Transactions appeared first on NRI News.