Bank of Baroda launches ‘Chillr Mobile App’

Bank of Baroda (BoB) has launched the Chillr Mobile app, in the process becoming the first public sector bank to partner with Chillr. The app, which is directly linked to customers’ bank accounts, will allow them to transfer money instantly to any of the contacts in their phonebook. Chillr is an offshoot of Kochi-based technology firm MobME. Two-and-a-half lakh users have successfully linked their bank accounts with the app and more than five lakh transactions have been made till now.

This app is presently made available on Android platform for fund transfer and will be made available for IOS and Windows platform shortly. Utility bill and merchant payments on Chillr app will be enabled for Bank of Baroda customers soon.

Did You Know?

  • HDFC Bank has already partnered with Chillr for peer-to-peer payment through a mobile application.
  • In 1908, Maharaja Sayajirao Gaekwad III, one of the knights of the Maratha Kingdom, set up the Bank of Baroda (BoB).
  • In 1961, BoB merged in New Citizen Bank of India. This merger helped it increase its branch network in Maharashtra
  • In 1969 the Indian government nationalised 14 top banks, including BoB.
  • IndiaFirst Life Insurance Company is a joint venture between Bank of Baroda, Andhra Bank, and UK’s financial and investment company Legal & General.

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Answer – Jayakumar

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