Baroda Tiranga Plus Deposit Scheme

ROI( % p.a.) w.e.f. 12.05.2022

• Product will be called “Baroda Tiranga Plus Deposit Scheme and will be available through all the branches.
• 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 399 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 Plus Scheme
• This is a Special Term Deposit Product introduced for 399 Days for Domestic Term Deposits including NRE / NRO / Staff/ Senior Citizen & Senior Citizen Retired Staff and Non-Callable Deposits.
• Minimum deposit amount Rs 1,000/- (and further in multiple of Rs. 1/-) for Callable Deposits & Rs. 15.01 Lakh for Non-Callable Deposits.
• Tenor of Deposit is 399 Days.
• Nomination facility will be available.

• 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.

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

• 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.