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Baroda Fixed Deposit
Baroda Fixed Deposit Accounts are ideal for customers who want to earn higher rate of interest, and are able to invest a fixed sum of money for a specified period of time. The period ranges from one month to sixty months at the customer’s option. This product offers convenient solutions to working individuals, businesses, companies, associations, societies and senior citizens. These products enable you to enjoy security and competitive rates of interest on your deposits.
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Key Features
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Fees and Charges
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Terms & Conditions
- Start with Just NZD1,000 or USD1,000 - Open a Fixed Deposit with a minimum of NZ$1,000 (NZD) or US$1,000 (USD) only.
- Choose a Term That Suits You - Flexible deposit tenure ranging from 1 month to 60 months.
- Get Rewarded with Attractive Interest Rates - Competitive rates based on deposit amount, currency, and tenure – higher value, better returns.
- Interest Paid on Maturity – Earn interest throughout the term and receive it as a lump sum on maturity.
- Tax Compliant and Transparent - Interest is subject to tax deduction as per New Zealand’s tax norms.
- Withdraw Early If Needed – Premature withdrawal is permitted with the bank’s consent; lower interest rate may apply.
- Need Cash? Borrow Against Your Deposit - Avail loans or overdrafts up to 90% of your NZD deposit amount – quick and easy liquidity. Interest on the loan/overdraft will be charged at only 1% per annum over the deposit interest rate on a monthly basis.
- Stay Invested Automatically – Enjoy automatic renewal of your deposit on maturity – keep earning without any effort.
- 24/7 Online Access to Your Deposit – View your account balance and transactions anytime, anywhere through secure internet banking and Mobile Application.
- Benefit from One of the Best Rates in the Market – Your fixed deposit deserves the highest possible return – we deliver just that.
- Earn Interest Monthly with Compounding basis – Interest is compounded monthly, helping your deposit grow faster over time.
- Monthly Interest Payout Option Available - Get your interest credited every month instead of waiting till maturity.
- Hassle-Free Premature Withdrawal Facility - Withdraw your deposit before maturity with minimal formalities, subject to bank consent.
- Click here to Check Current Interest Rates.
- Where the deposit is paid to the customer prior to the maturity date, interest will be paid at 1% per annum below the applicable rate for the actual period the deposit was kept with the Bank.
- Our fees and charges are subject to change from time to time. Click here to know the latest service charges
