Bank of Baroda launches new retail term deposit scheme

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A wide   presumption    of Bank of Baroda astatine  Parliament Street successful  New Delhi.

A wide presumption of Bank of Baroda astatine Parliament Street successful New Delhi. | Photo Credit: AMAN RAJ

Bank of Baroda has launched a caller retail word deposit strategy called ‘bob Golden Goal Deposit Scheme’.

The strategy is simply a peculiar 555-day tenor deposit strategy offering an involvement complaint of 6.75% per annum for the wide public, 7.25% p.a. for nonmigratory elder citizens, 7.35% p.a. for nonmigratory ace elder citizens, aged 80 years & above, and up to 7.40% p.a. connected Non-Callable Deposits.

The strategy is applicable connected retail word deposits beneath ₹3 crore.

The recently launched strategy is designed to supply depositors with an charismatic concern avenue backed by assured returns, a slope merchandise said connected Monday.

Customers tin unfastened a caller fixed deposit done the Bank’s mobile banking app ‘bob World’, Net Banking level ‘bob World Internet’ oregon by visiting immoderate subdivision of the slope crossed the country. Furthermore, caller customers tin unfastened the fixed deposit online done the bank’s website, without the request to unfastened a savings account, the merchandise said.

Beena Vaheed, the bank’s Executive Director, said: “The strategy offers depositors an charismatic accidental to fastener successful higher rates. The strategy reflects our continued committedness to offering innovative and value-driven products that assistance customers execute their fiscal goals.”

Published - June 15, 2026 06:26 p.m. IST

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