Special Term Deposit Product introduced

for 444 days & 555 Days.

  • Benefits
  • Features
  • Eligibility Criteria
  • Document Required
  • Most Important Terms and Conditions (MITC)

Baroda Tiranga Deposit Scheme : Benefits

ROI ( % p.a.) w.e.f. 26.12.2022
Callable
Non-Callable**
Tenors General/NRE/NRO Senior Citizen* General/NRE/NRO Senior Citizen*
444 Days  6.75 7.25* 7.00 7.50*
555 Days  6.75 7.25* 7.00 7.50*

* Senior Citizen Preferential Rate(Additional ROI 0.50%) is applicable only for "Resident Indian Sr. Citizen"

**No premature Withdrawal Allowed & Minimum Deposit Rs. 15.01 Lakh & Maximum Rs. 199.99 Lakh

Baroda Tiranga Deposit Scheme : Features

  • Product will be called – “Baroda Tiranga Deposit Scheme” and will be available for all the branches from 16.08.2022 to 31.12.2022.
  • Product is applicable for all schemes i.e. General, NRE, NRO and Non-Callable and with all the -3- interest options (RIRD, MIP & QIP) (scheme codes are mentioned in the attached annexure - II).
  • Product is available for -444- Days and -555- Days and accounts to be opened in the Scheme codes as provided in the Annexure – II.
  • Sr. Citizen Preferential Rate is applicable only for “Resident Indian Sr. Citizen”.
  • ROI for Staff & Senior Citizen Staff as per existing guidelines.
  • For Baroda Advantage Fixed Deposit (Domestic) Accounts with minimum Rs. 15.01 Lakh to below Rs 2.00 Crore for [Fresh & Renewal] i.e. Non-Callable additional 25bps over Callable Rates as mentioned above for deposits of period 1 Year & Above.
  • All other terms & conditions applicable to Term Deposits except Rate of interest & period remain same for Baroda Tiranga Deposit Scheme

Baroda Tiranga Deposit Scheme : Eligibility Criteria

  • An individual in his own name.
  • Jointly by more than one individuals.
  • In the names of Clubs, associations, Educational Institutions, Partnerships and joint stock companies and any other institutions, which are eligible to open a Term Deposit, account as per Bank rules.

Baroda Tiranga Deposit Scheme : Document Required

  • As per existing terms for FDR All documents applicable to 'Fixed Deposits' will apply.

Baroda Tiranga Deposit Scheme : Most Important Terms and Conditions (MITC)

  • Accepted as security by Government departments & as margin for non-fund based activities subject to their acceptance.
  • Eligibility norms and all other instructions applicable to 'Fixed Deposits' will apply.

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Select Fixed Deposit Type
  • Baroda Tiranga Plus Deposit Scheme
  • Baroda Tax Saving Fixed Deposit Account
  • Baroda Suvidha Flexible Fixed Deposit Scheme
  • Monthly Income Plan (MIP)
  • Quarterly Income Plan (QIP)
  • Baroda Regular Income cum Recurring Deposit (RIRD)
  • Baroda Short Term Deposits
  • Baroda Advantage Fixed Deposits (Non- Callable)
  • Baroda Tiranga Deposit Scheme

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