Bank of Baroda offers different kinds of fixed deposit schemes, each completely different from the other. Baroda Maha Utsav Deposit scheme is a term deposit scheme launched by the bank specially for the festive season in 2010. The scheme deposit comes for different tenures at a very attractive rate of interest.
Listed below is the eligibility criteria for Baroda Maha Utsav Fixed Deposit scheme.
Listed below are the features of Baroda Maha Utsav Fixed Deposit scheme.
Minimum: 1 year
Maximum: 5 year
|Rate of interest|
Given below is the rate of interest charged on Baroda Maha Utsav Fixed deposit scheme for deposits under Rs.1 crore.
|7 days to 14 days||4.50%|
|15 days to 45 days||4.50%|
|46 days to 90 days||6.50%|
|91 days to 180 days||6.75%|
|181 days to 270 days||7.30%|
|271 days to less than 1 year||7.50%|
|1 year and above up to 2 years||7.75%|
|Above 2 Years and upto 3 Years||7.75%|
|Above 3 Years and upto 5 Years||7.75%|
The mentioned rates are applicable only as of 1/12/2015. The interest rates are subject to change from time to time without any prior notification and the customers are advised to contact the bank for updated rates.
The minimum tenure for Baroda Maha Utsav Fixed Deposit scheme is 1 year and the maximum tenure is 5 years.
Yes, the applicant can avail the application form online. It can be downloaded on the bank’s official website.
Yes, Hindu Undivided Family individuals are eligible for this scheme.
Useful Information on BOB Fixed Deposit