Eligibility to Open a Bank of Baroda FD Account
Consumers should first determine whether they are eligible to invest in the Bank of Baroda FD scheme. The following are the prerequisites for investing in a Bank of Baroda fixed deposit:
1. Individuals
2. Hindu Undivided Family (HUF)
3. Sole proprietorships and joint ventures
4. Private or public limited companies
5. One-person company
6. Trust, society, and association
7. Partnership firms, including Limited Liability Partnerships (LLP)
8. Any government establishment
Bank of Baroda FD Interest Rates 2024
Bank of Baroda (BOB) is an emerging Indian banking and financial services company, headquartered in Baroda, Gujrat. BOB is the second-largest public-sector bank in India. BOB has offices in New York, London, Dubai, Hong Kong, Brussels, and Singapore as well. The Bank of Baroda was nationalized in 1969 and offers a wide range of bundles of banking products and services to its customers including savings and current accounts, fixed and recurring deposits, loans, credit cards, insurance, etc. The basic aim is to provide a safe option that can be utilized to save money for a fixed tenure and give interest earnings to the customers. There is a wide range of benefits provided by opening an account with the Bank of Baroda, as they provide an easy loan facility, auto-renewal of FD and RD, and many other things.
Ownership |
Public Sector Bank |
CEO |
Debadutta Chand |
Headquartered In |
Baroda, Gujrat |
Founded In |
1908 |
Customer Support Number |
1800 5700 |
Geeky Takeaways
- Bank of Baroda is the second-largest public-sector bank in India founded on 20th July 1908.
- Bank of Baroda is a global entity and has 100 of overseas offices in New York, London, Dubai, Hong Kong, etc.
- Like any other financial institution, Bank of Baroda also offers a wide range of financial services including savings and current accounts, fixed and recurring deposits, loans, credit cards, and many more.
- World witness 9,693 Branches and approx 10,033+ ATMs of BOB.
- Bank of Baroda motivates the public to save and invest through FD and RD accounts.
Table of Content
- Bank of Baroda FD Rates 2024
- Features and Benefits of Bank of Baroda Fixed Deposit Scheme
- Types of FD Schemes of Bank of Baroda
- How do I invest in Bank of Baroda FD?
- Eligibility to Open a Bank of Baroda FD Account
- Documents Required to Open a Bank of Baroda FD Account
- Tax on Bank of Baroda Fixed Deposit
- Loan against Bank of Baroda FD
- Premature Closure of the Bank of Baroda Fixed Deposit
- Frequently Asked Questions (FAQs)