Bank of Baroda has launched a new special short-term deposit product with a new maturity bucket that offers a higher interest rate. These rates are applicable on deposits below Rs 2 crore and effective from January 15, 2024. The bank had previously hiked interest rates in certain tenures on December 29, 2023. Bank of Baroda special short-term depositThe bank has introduced a new tenure dubbed as ‘360D (bob360)’ offering 7.10% and 7.60% interest rate to general citizens and senior citizens respectively.Callable Tenors General / NRO Senior Citizen* ROI (%) 7.10 7.60 BOB360 : FeaturesMINIMUM DEPOSIT AMOUNT- Rs 1,000/- (and further in multiples of Rs. 1/-) for Callable Deposits….
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