Bank of Baroda has launched the Baroda Tiranga Deposit Scheme, a special term deposit product offering higher interest rates. The Baroda Tiranga Deposits are available in two tenor buckets - offering interest rates of 5.75% p.a. for 444 days and 6.00% p.a. for 555 days. The scheme opens on August 16, 2022 up till December 31, 2022 and is applicable on retail deposits below Rs 2 crore. Further, senior citizens will earn an additional interest rate of 0.50% p.a., while Non-Callable Deposits will get 0.15% p.a. extra.
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.
