Savings, current & salary accounts

bob Current Account for LIC/Other Insurance

A nil-minimum-balance institutional current account for insurance companies, with a free monthly statement and first 50 cheque leaves.

Minimum balance₹0 Free cheque leavesFirst 50; ₹5 plus GST per leaf after

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✓ Manually checked 13 Aug 2026 · active

bob Current Account for LIC and Other Insurance Companies official artwork

Offered byBank of Baroda

Bank of Baroda branches in India

Key facts

What the official sources publish

Every value below belongs to this exact product. Select a source marker to check its context.

Minimum balance₹0

Free cheque leavesFirst 50; ₹5 plus GST per leaf after

Benefits and features

Nil minimum balance
Free monthly statement
First 50 cheque leaves free
Immediate outstation-cheque credit up to ₹20,000 for qualifying six-month-old accounts

Eligibility

Available to life and general insurance companies.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Applicable company account-opening, authority and KYC documents

Field-level evidence

Where each fact came from

Short context only; open the official page or document for the complete terms.

1

Minimum balance

high confidence

No maximum balance is published; folio charges are free above ₹1 lakh QAB.

Source: bob Current Account for LIC/Other Insurance
Page / section: Benefits
Accessed: 13 Aug 2026

Open official source ↗

2

Free cheque leaves

high confidence

Cheque charges are waived at QAB of ₹2 lakh and above.

Source: bob Current Account for LIC/Other Insurance
Page / section: Benefits and Fees & Charges
Accessed: 13 Aug 2026

Open official source ↗

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