Bank Of Baroda

Bank Of Baroda Deposit Rates

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Bank of Baroda (BOB) is one of the leading public sector banks in India, offering a wide range of banking products and services to its customers, including deposit accounts.

BOB offers a variety of deposit accounts to suit the needs of different customers, with competitive interest rates.

Types of deposit accounts offered by BOB

BOB offers a variety of deposit accounts, including:

  • Savings accounts: Savings accounts are ideal for customers who need a basic account to deposit their money and earn interest.
  • Current accounts: Current accounts are ideal for customers who need a high-volume transaction account.
  • Fixed deposit accounts: Fixed deposit accounts are ideal for customers who want to save money for a specific purpose and earn a higher interest rate.
  • Recurring deposit accounts: Recurring deposit accounts are ideal for customers who want to save money on a regular basis and earn interest.

The current Bank Of Baroda Deposit Rates

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The current deposit rates offered by BOB are as follows:

Account typeInterest rate
Savings account2.75% – 4.00%
Current account 0.00%
Fixed deposit account (1 year)6.50% – 7.00%
Fixed deposit account (2 years)6.75% – 7.25%
Fixed deposit account (3 years)7.00% – 7.50%
Fixed deposit account (5 years)7.25% – 7.75%
Recurring deposit account 6.00% – 6.50%

How to open a deposit account with BOB?

To open a deposit account with BOB, you can visit any BOB branch and submit the required documentation.

You will also need to make a minimum deposit, which varies depending on the type of account you choose.

Benefits of opening a deposit account with BOB

There are a number of benefits to opening a deposit account with BOB, including:

  • Competitive interest rates: BOB offers competitive interest rates on its deposit accounts.
  • Variety of accounts to choose from: BOB offers a variety of deposit accounts to suit the needs of different customers.
  • Convenient banking: BOB has a large network of branches and ATMs across India, making it easy to access your money.
  • Safe and secure: BOB is a safe and secure bank, and your money is fully protected.
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