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Bank of Baroda, India ’ s International Bank

Middle East


Deposit Products & Services

RECURRING DEPOSIT

  • Scheme defined in AED
  • # Minimum installment amount: AED 500/- in multiples of AED 100/-
  • Deposit tenure: 1yr / 2 yrs / 3 yrs
  • Interest: * 1 yr - 2.00% / 2 yrs - 2.50% / 3 yrs - 3.00% p.a.
  • Penalty for delayed payment: AED 1/-. for every AED 100/-
  • Interest on premature payment: 1% below the applocable rate for the period run
  • No interest if prematurely closed before 1 year
  • *Terms: Rates are subject to change from time to time

     
     Dear Customer If you have not still submitted your renewed KYC documents please submit it urgently to your base branch in order to avoid freezing of account........