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June 11th, 2016, 12:15 PM
Super Moderator
 
Join Date: Mar 2012
Re: BOB Bank RD Interest Rates

Hello, here I m providing you the details of the Bank of Baroda recurring deposit interest rates as under:

Interest rates:

Deposit Tenure General RD Interest Rate Senior Citizen RD Interest Rate
6 months 6.50% 7%
1 year and above up to 2 Years 7.30% 7.80%
Above 2 Years and up to 3 Years 7.30% 7.80%
Above 3 Years and up to 5 Years 7.30% 7.80%
Above 5 Years and up to 8 Years 7.30% 7.80%
Above 8 Years and up to 10 Years 7.30% 7.80%

Benefits:
Provides you the comfort of liquidity along with a security of your money being in safe hands.

An additional 0.50% interest for senior citizens (applicable only for deposits of Rs. 10000/- and above).

Provision for nomination.

Deposit amount:

Deposit account can be opened with minimum amount of Rs. 1,000/- and subsequent deposits in multiples of Rs.100/-.

Deposit Tenure:
Minimum - 12 months.
Maximum - 120 months.

Documents required:

Passport size photograph
Proof of residence
An introduction as per Bank's norms


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