|CEO||Shri Sanjiv Chadha|
|Listed on exchange as||Bank of Baroda|
|Tenure||Regular customers||Senior citizens|
For a BOB FD with tenure ranging from 7 days to 12 months, the interest rate offered is from 2.80% p.a. to 4.40% p.a. These deposits are known as short term deposits as their tenure is less than 1 year.
Medium-term fixed deposits have their tenures ranging from more than 1 year to less than 5 years. The interest offered by the bank on these deposits is around 5.00% – 5.25% p.a.
These deposits have their tenure ranging from 5 years to 10 years and offer an interest rate of 5.25%
A Bank of Baroda FD account can be opened through different modes like Mobile App, Internet Banking, and offline.
1) Internet Banking
Follow the below-mentioned steps for opening a Bank of Baroda FD account via internet banking-
2) Mobile App - Bank of Baroda Bank App
Follow the steps mentioned ahead to open an FD account via Bank of Baroda Bank-
3) Offline Bank of Baroda FD Opening
For opening a Bank of Baroda FD account via offline mode, one has to visit the nearest Bank of Baroda branch. Fill out the Bank of Baroda FD application form and present all the necessary documents with the deposit amount. On successful processing of the application, an FD receipt will be provided by the Bank of Baroda.
Consumers can start FD investments in the bank from as low as Rs. 5000. There is no upper limit for these investments.
The following people or groups are eligible for opening Bank of Baroda fixed deposit accounts –
Proof of identity
Proof of Address
What is the minimum deposit amount to open an FD account with the Bank of Baroda?
The minimum amount to open an FD account with the Bank of Baroda is Rs. 10,000.
What is the highest interest rate offered by BOB?
One can earn a maximum of 5.25% interest on the Bank of Baroda FD account.
What are the documents needed to open an FD account in the Bank of Baroda?
One can open an FD account in Bank of Baroda with valid identity proof and address proof, such as PAN Card, driving license, voter ID card, passport.
What is the interest rate the Bank of Baroda is giving currently?
The current interest rate offered by the Bank of Baroda ranges between 3.30%-5.75%. For senior citizens, the BOB FD interest rates range between 2.80%-5.25%