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Baroda Fast Access Deposit Scheme

Bank of Baroda's Fast Access Deposit is a prudent way to security, liquidity and relief. The plan provides you with the facility of overdrawing your account up to 95% of your deposits.

Join this deposit product with a minimum deposit of Rs. 10,000/-
Add to this, in multiples of Rs. 1,000/- (under RIRD plan)

Key Benefits

  • Loan/Overdraft facility up to 95% of the deposit amount right from day one.

  • No additional documentation for availing overdraft.

  • An additional 0.50% interest for senior citizens.

  • Provision for nomination.

Terms & Conditions

  • Minimum amount required to open an account - Rs. 10,000/-.

  • Subsequent deposits in multiples of Rs. 1000 (under RIRD plan).

  • Deposit Tenure:

    • Minimum - 12 months.
    • Maximum - 120 months.

  • Interest will be compounded quarterly depending upon the maturity period of the deposit.

  • 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 amount, interest will be calculated at 1% below the rate applicable for the period of deposits.

  • Interest payments are subject to TDS (Tax Deducted at Source).

  • Opening of a current account is mandatory.

  • Documents required:

    • Passport size photograph
    • Proof of residence
    • An Introduction as per bank's norms

To know the current interest rates Click here.

For further details, please contact the Bank of Baroda Branch nearest to you.



> Short Deposits >Baroda Utsav Deposit Scheme > Baroda Double Dhamaka Fixed Deposit
> Fast Access Deposit Scheme > BoB Suvidha Fixed Deposit Scheme > Regular Income Plan > Monthly Income Plan > Regular Income Cum Recurring Deposit > Capital Gain Account Scheme, 1988 > Term Deposits > Recurring Deposit > Yatha Shakthi Jama Yojana





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