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A particular Domestic Retail Term Deposit scheme providing engaging rates of interest of 5.75% p.a. for 444 days and 6.00% p.a. for 555 days
Senior Citizens get extra rate of interest of 0.50% p.a.
0.15% further for Non-Callable Deposits
MUMBAI, India, Sept. 26, 2022 /PRNewswire/ — Bank of Baroda (Bank), one of India’s main public sector banks, at the moment introduced the launch of the Baroda Tiranga Deposit Scheme, a particular time period deposit product providing increased rates of interest. The Baroda Tiranga Deposits can be found in two tenor buckets – providing rates of interest of 5.75% p.a. for 444 days and 6.00% p.a. for 555 days. The scheme opens on 16th August up until 31st December, 2022 and is relevant on retail deposits beneath Rs 2 crore.
Further, senior residents will earn an extra curiosity price of 0.50% p.a., whereas Non-Callable Deposits will get 0.15% p.a. further.
|
Baroda Tiranga Deposit Scheme w.e.f. 16.08.2022 |
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|
Callable |
Non-Callable |
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|
Tenors |
General/NRE/NRO |
Senior Citizens |
General/NRE/NRO |
Senior Citizens |
|
444 days |
5.75% p.a. |
6.25% p.a. |
5.90% p.a. (5.75 + 0.15) |
6.40% p.a. (5.75 + 0.15 + 0.50) |
|
555 days |
6.00% p.a. |
6.50% p.a. |
6.15% p.a. (6.00 + 0.15) |
6.65% p.a. (6.00 + 0.15 + 0.50) |
Shri Ajay Okay. Khurana, Executive Director, Bank of Baroda, stated, “As India marks 75 years of independence, we are delighted to give consumers one more reason to celebrate. The Baroda Tiranga Deposit Scheme offers a higher rate of interest and the flexibility to choose from two tenures, backed by one of India’s leading and most trusted banks.”
Bank of Baroda prospects can use bob World to open an on-line Fixed Deposit via Mobile.
About Bank of Baroda
Founded on twentieth July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the main business banks in India. At 63.97% stake, it’s majorly owned by the Government of India. The Bank serves its world buyer base of over 150 million via over 46,000 touchpoints unfold throughout 17 international locations in 5 continents. Through Its state-of-the-art digital banking platforms, it offers all banking services and products in a seamless and hassle-free method. The lately launched bob World cellular app offers prospects with a saving, investing, borrowing, and purchasing expertise, all underneath one single app. The app additionally serves non-customers by enabling account opening via video KYC. The Bank’s imaginative and prescient matches its various clientele base and instills a sense of belief and safety. It is shifting nicely in that route and bob World is a testimony of its roadmap in the direction of Digital Transformation.
- Visit us at www.bankofbaroda.in
- Facebook https://www.facebook.com/bankofbaroda/
- Twitter https://twitter.com/bankofbaroda
- Instagram https://www.instagram.com/officialbankofbaroda/
- YouTube https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA
- LinkedIn https://www.linkedin.com/company/bankofbaroda/
For extra data, please contact:
Bank Of Baroda,
Email: [email protected]
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