BANK OF BARODA BOB MONTHLY INCOME PLAN TERM FIXED DEPOSIT
BANK OF BARODA BOB MONTHLY INCOME PLAN FIXED DEPOSIT
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Important attributes
-This plan does not demand any extra formalities, as concerns overdrafts and withdrawals, hence enabling you to withdraw as much as 95% of the deposit amount.
-Provides you the comfort of liquidity along with a security of your money being in safe hands.
-An additional 0.50% interest for senior citizens (applicable only for deposits of Rs. 10000/- and above).
-Provision for nomination.
MONTHLY INCOME PLAN FEATURES
-Deposit account can be opened with minimum amount of Rs. 1,000/- and subsequent deposits in multiples of Rs.100/-.
-The deposit Tenure is minimum 12 months and maximum 120 months.
-Interest will be paid on monthly basis at discounted rate.
-No penalty for premature payment will be levied in case of premature payment of deposits up to Rs. 5 Lakhs provided it remained with the Bank for a minimum period of 12 months.
-On pre-matured withdrawal of your deposits, interest will... Read More