• Bank of Baroda Corporate Deposits

    Small and medium scale businesses do not have access to the type of resources that are available to large enterprises and multinational companies. In order to meet their financial obligations and to continue their commercial operations they have to opt for different types of loans or utilize their savings. Hence, small and medium businesses need to save money so that they can have access to the required funds needed to meet all their financial obligations. These days, there are a few banks and financial institutions that offer fixed deposit schemes for corporates through which all types of businesses can save money and also enhance their financial assets by earning interest. Bank of Baroda Corporate Deposits have been designed to help businesses to save money with ease.

    Overview of Bank of Baroda Corporate Deposits

    Bank of Baroda is one of the top 3 public sector banks in India and it has a presence in cities around the globe. In India, the bank has its branches and ATMs in most of the cities and towns and offers a wide range of banking products and solutions. Bank of Baroda has been operational for more than 100 years and over the years it has established in branches in several overseas locations including London, China, Australia and Singapore. The bank has a relatively strong presence in the Lion City and it offers a variety of products which include fixed deposits for corporates as well as individuals. Bank of Baroda Corporate Deposits have been designed to help businesses in saving money without any effort.

    Why Choose Bank of Baroda Corporate Deposits?

    If you are a business owner, you will have to look for ways through which you can save money. What better way to save money then to invest on fixed deposits? You can not only save money but will also earn interest on the amount that you save. When you opt for a corporate deposit account with Bank of Baroda, you will enjoy the flexibility of choosing from various tenures and can deposit money as per your convenience. You will also benefit from the excellent quality of service offered by the bank and will not have any problem with getting your queries resolved by contacting the bank.

    Types of Bank of Baroda Corporate Deposits

    Bank of Baroda offers the following types of Corporate Deposits:

    • Current accounts for corporates
    • Short term deposits
    • Long term deposits

    Features and Benefits of Bank of Baroda Corporate Deposits

    Current accounts for corporates:

    • You can open current accounts in multiple currencies which include EUR, GBP, JPY and USD
    • If you are the owner o0f a corporate entity that enjoys any type of credit facility from the bank, you can open a current account in Singapore Dollars.
    • You will need to maintain a minimum balance of USD 2000 or its equivalent in other acceptable currencies.
    • You can avail remittance services through SWIFT
    • You will be offered with competitive charges and fees.

    Short term deposits:

    • You can deposit money in multiple currencies, which include USD, EUR, GBP and JPY.
    • You will enjoy flexible tenors of 1 month to 12 months.
    • The deposit will be renewed automatically after the tenor ends and you will not have to make any request for the same.
    • You can withdraw the amount prematurely before the end of the tenor (conditions apply)
    • You will enjoy attractive interest rates and the rates will be linked to LIBOR.
    • You can avail loans against the deposit amount, if you satisfy the terms and conditions laid down by the bank.

    Long term deposits:

    • You can deposit money in multiple currencies, which include USD, EUR, GBP and JPY.
    • You will enjoy flexible tenors of 1 year to 5 years.
    • The deposit account will be renewed automatically after the tenor ends and you will not have to make any request for the same.
    • You can choose from fixed or floating rates based on your convenience.
    • You can withdraw the amount prematurely before the end of the tenor (conditions apply)
    • You will enjoy attractive interest rates and the rates will be linked to LIBOR.
    • You can avail loans against the deposit amount, if you satisfy the terms and conditions laid down by the bank.

    Bank of Baroda Corporate Deposit Interest Rates

    Interest rates for USD deposits (indicative)

    For Deposits in the range of 1 MONTH 2 MONTHS 3 MONTHS 6 MONTHS 12 MONTHS & above
    Less than USD 10000 0.121 percent per annum 0.203 percent per annum 0.3932 percent per annum 0.73315 percent per annum 1.06135 percent per annum
    Less than USD 25000 0.121 percent per annum 0.203 percent per annum 0.3932 percent per annum 0.73315 percent per annum 1.06135 percent per annum
    Less than USD 50000 0.121 percent per annum 0.203 percent per annum 0.3932 percent per annum 0.73315 percent per annum 1.06135 percent per annum
    Less than USD 100000 0.221 percent per annum 0.303 percent per annum 0.4932 percent per annum 0.83315 percent per annum 1.11135 percent per annum
    Less than USD 500000 0.321 percent per annum 0.403 percent per annum 0.5932 percent per annum 0.83315 percent per annum 1.16135 percent per annum
    Less than USD 1000000 0.321 percent per annum 0.403 percent per annum 0.6432 percent per annum 0.83315 percent per annum 1.16135 percent per annum

    Interest rates for EURO deposits (indicative)

    For Deposits in the range of 1 MONTH 2 MONTHS 3 MONTHS 6 MONTHS 12 MONTHS & above
    Less than EURO 10000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum
    Less than EURO 25000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum
    Less than EURO 50000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum
    Less than EURO 100000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum
    Less than EURO 500000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum
    Less than EURO 1000000 Not Applicable Not Applicable Not Applicable -0.03857 percent per annum -0.05857 percent per annum

    Interest rates for GBP deposits (indicative)

    For Deposits in the range of 1 MONTH 2 MONTHS 3 MONTHS 6 MONTHS 12 MONTHS & above
    Less than GBP 10000 0.30725 percent per annum 0.33613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Less than GBP 25000 0.30725 percent per annum 0.33613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Less than GBP 50000 0.30725 percent per annum 0.33613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Less than GBP 100000 0.50725 percent per annum 0.53613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Less than GBP 500000 0.50725 percent per annum 0.53613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Less than GBP 1000000 0.50725 percent per annum 0.53613 percent per annum 0.57188 percent per annum 0.72825 percent per annum

    1.03088

    percent per annum

    Fixed Deposits from Top Banks
    Foreign Currency Fixed Deposits from Top Banks
    Currency Specific Fixed Deposit
    US Dollar Foreign Currency Fixed Deposit by Bank
    Australian Dollar Foreign Currency Fixed Deposit by Bank
    GBP Foreign Currency Fixed Deposit by Bank
    NZD Foreign Currency Fixed Deposit by Bank
    Euro Foreign Currency Fixed Deposit by Bank
    Canadian Dollar Foreign Currency Fixed Deposit by Bank
    Fixed Deposit Promotion by Banks
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.