BoB launches its new '360 deposit scheme!
Banking & Finance
The Bank of Baroda special FD scheme --“bob360 Term Deposit” -- is available for a tenor of 360 days. bob360 Term Deposit offers high rate of interest for Domestic Term Deposits to Residents/NRO and Resident Senior Citizen. It is not available for NRE Deposits as per RBI guidelines, said the bank.New Delhi: Public sector lender Bank of Baroda has launched a Special Short Term Deposit Product offering higher Rate Of Interest in Short Term deposits.
In this, general fixed deposit account holders will receive interest of up to 7.10 per cent, while senior citizens will receive 7.60 per cent interest
Bank of Baroda, an Indian public sector bank, launched its new 'bob-360 deposit scheme' on Monday,
The scheme pays out an annual interest rate of 7.60 per cent.
Founder: Sayajirao Gaekwad III
Founded: 20 July 1908, Vadodara, Headquarters: Alkapuri, Vadodara
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