Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Minimum quarterly average balance₹0
Source 1Free debit-card QABRuPay Platinum debit card is free when QAB is at least ₹3,000 in metro/
Source 2Free cheque leaves30 per financial year
Source 3Maximum balance for minors aged 10–14₹1 lakh
Source 4Interest calculation and creditCalculated daily and credited quarterly
Source 5Benefits and features
- No minimum-balance charge
- Conditional free RuPay Platinum debit card
- 30 free cheque leaves per financial year
- Sweep facility available on written request
Eligibility
- Open to resident individuals, including eligible minors above age 10 who can independently read and write.
- Only a new account may be opened under this scheme; conversion from another scheme into bob LITE is not allowed.
- The free debit card depends on maintaining the branch-category QAB threshold.
Passing a listed condition does not mean the bank will approve an application.
