Bank of Baroda has introduced a unique alternative to the traditional fixed deposit (FD) - bob Liquid Fixed Deposits. bob Liquid FD combines the benefits of earning higher returns from Fixed Deposits with the convenience of easy liquidity associated with a Savings Account.
It gives depositors the flexibility of a partial withdrawal facility without having to close the entire FD, which ensures that depositors can address their urgent financial needs as and when required, while the balance funds continue to earn interest at the contracted rate in the same FD. This ensures that depositors get the benefits of higher returns, lower prepayment penalty and quick access to funds when needed.
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.
