Bank of Baroda has unveiled ‘Baroda Tiranga Deposit Scheme’. The Scheme would be available in two tenures: 444 days or one year and 79 days, with a 5.75 per cent interest rate, and the other option is for 555 days, with an interest rate of 6 per cent.
Further, senior citizens will earn an additional interest rate of 0.50 per cent p.a., while Non-Callable Deposits will get 0.15 per cent p.a. extra. That is, for non-collable deposits, senior citizens will get an interest rate of 6.40 per cent for 444 days, and 6.65 per cent for 555 days.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.