‘Bob World’ will offer a wide range of banking products and services, which will be rolled out in phases under four key pillars – Save, Invest, Borrow and Shop – the lender said.
Bob World’s pilot began on 23 August, and the app is already being used by over 5 million users.
More than 220 services will be converged into a single app, which will cover about 95 percent of all retail banking services, which can be accessed by customers both domestically and globally, Bank of Baroda said.
“With an ultra-modern look and feel, the app aims to provide customers with a seamless experience and has been carefully crafted to balance the needs of millennial users with those of more experienced customers.”
The bank said ‘Bob World’ offers to open a digital account in 10 minutes with instant virtual debit card issuance. online loan application With instant disbursement for selected loan products.
It has also integrated e-commerce to provide customers with a complete and rewarding experience of banking and beyond under one roof.
“The new corporate sub-brand for digital is a testament to our commitment to serving customers across the globe… With ‘Bob’s World’, we offer our all digital offerings under one umbrella to provide the customer with an all digital “Consistent experience with one roof,” said Sanjeev Chadha, Managing Director and CEO, Bank of Baroda.