Bank of Baroda is pioneer in providing NRI services in the financial and banking sector. In yet another customer centric initiative, Bank has launched a deposit scheme for investors with interest rates at 25-30 bps over the interest rate swap (IRS) rates for 3,4 and 5 years period of term deposits.
The deposit scheme has been designed keeping in view the needs of NRI customers and understanding their requirements for deployment of funds with higher return. The ‘Baroda Term deposit’ is offered at Bank’s major overseas centres excluding USA. The rate of interest on this deposit is better than rate currently offered in the market.
So, please contact any of our Overseas Branches for further details on this deposit product.