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23rd March 2016, 08:38 AM
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Join Date: May 2012
Re: Bank Of Baroda Double Your Money

I will help you here to get the information about Bank of Baroda Double Dhamaka Fixed Deposit so that you can have idea about it.

Product Specification
This is a Term Deposit Product wherein Depositor gets more than double of his initial deposit amount.

Area of operation
The product shall be available at all CBS branches.

Eligibility and Target Group

An individual in his own name.

Jointly by more than one individuals.

Minor of age 10 and above on terms laid down by the Bank.

Account in the name of minor with their father/mother, as guardian.

In the names of Clubs, associations, Educational Institutions, Partnerships and joint stock companies and any other institutions, which are eligible to open a Term Deposit, account as per Bank rules.

The product is not available for NRI Customers

Minimum Deposit Amount

Rs 5,000/- ( and further in multiple of Rs. 1000/-)

Interest rates
Interest Rate on Baroda Double Dhamaka Fixed Deposit (w.e.f. 16.12.15)
Maturity Range Less than Rs. 1 Cr.

General Public: 9 Years 07 months and 2 days (115 months and 2 days)
7.30%

Senior Citizens: 8 Years, 11 months and 23 days (107 months and 23 days)
7.80%

Interest Rate on Term Deposits & NRO Deposits (w.e.f. 16.12.15)
Maturity Range Below Rs 1 Cr.
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 6.50%

181 days to 270 days 7.30%

271 days & above and less than 1 year 7.30%

1 year and above upto 2 Years 7.30%

Above 2 Years and upto 3 Years 7.30%

1111 Days (Baroda Maha Utsav Deposit Scheme) 7.30%

Above 3 Years and upto 5 Years 7.30%

Above 5 Years and upto 8 Years 7.30%

Above 8 Years and upto 10 Years 7.30%


Address:-
Bank of Baroda
Baroda Corporate Centre,
Plot No - C-26, G - Block, Bandra - Kurla Complex, Bandra (East), Mumbai-400051

Phone:-
(022) 6698 5000- 04


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