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Regular Income Plan

Your deposits bring regular income i.e. monthly/quarterly/half yearly/yearly and supplement your earnings.

Key Benefits

  • This plan does not demand any extra formalities, as concerns overdrafts and withdrawals, hence enabling you to withdraw as much as 95% of the deposit amount.

  • Provides you the comfort of liquidity along with a security of your money being in safe hands.

  • An additional 0.50% interest for senior citizens (applicable only for deposits of Rs. 10000/- and above).

  • Provision for nomination.

Terms & Conditions

  • Deposit account can be opened with minimum amount of Rs. 1,000/- and subsequent deposits in multiples of Rs.100/-.

  • Minimum period of deposit is 12 months, extending to a maximum of 120 months.

  • Interest on your deposit credited on quarterly basis.

  • 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).

  • 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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