Get your yearly plans in place with us
Flexibility guaranteed with yearly payment option
Baroda Freedom 60 Fixed Deposit
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Key Features
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Fees and Charges
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Terms & Conditions
- Special Fixed Deposit Scheme for Seniors - Exclusive FD benefits for customers aged 60 and above.
- Extra 0.1% Interest for Seniors - Customers aged 60 and above enjoy a 0.1% higher rate than the standard fixed deposit rates.
- 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.
- 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 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
