More Benefits

• Part of the amount can be prepaid, minimum-1-unit and the balance deposit after withdrawal will continue to earn stipulated interest.
  
  
• A deposit product that keeps your money safe, ensures good returns and provides you with a choice to withdraw as per your needs.
  
  
• An additional 0.50% interest for senior citizens (applicable only for deposits of Rs. 10000/- and above).
  
  
• Unlike a fixed deposit, where the money is locked up for long periods of time, BoB Suvidha Fixed Deposit Scheme is a flexible fixed deposit option.
  
  
• Avail loans of up to 95% of the fixed deposit value (Principal amount + accrued interest credited to the account).
  
  

Terms & Conditions

• Minimum amount required to open an account - Rs. 5000/- (deemed as 5 units of Rs. 1000/- each).
  
  
• Subsequent deposits in multiples of Rs.1000/-.
  
  
• Deposit Tenure:
  
  
  • Minimum - 12 months
  • Maximum - 60 months.
    
    
• Interest will be compounded quarterly & credited to your account half yearly.
  
  
• No penalty for premature payment will be levied in case of premature payment of deposits up to Rs. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months.
  
  
• On pre-matured withdrawal of your deposits amount, interest will be calculated at 1% below the rate applicable for the period of deposits.
  
  
• Interest payments are subject to TDS (Tax Deducted at Source).
  
  
• Documents required:
  
  
  • Passport size photograph
  • Proof of residence
  • An Introduction as per bank's norms

To know the current interest rates Click here.

For further details, please contact the Bank of Baroda Branch nearest to you.



> Short Deposits > Fast Access Deposit Scheme
> BoB Suvidha Fixed Deposit Scheme > Regular Income Plan > Monthly Income Plan
> Regular Income Cum Recurring Deposit > Capital Gain Account Scheme, 1988
> Term Deposits > General Scheme > Baroda Flexible Recurring Deposit Account