Special Short Term Deposit Product

Offering Higher ROI in Short Term deposit

  • Benefits
  • Features
  • Eligibility Criteria
  • Document Required
  • Fees & Charges
  • Most Important Terms and Conditions (MITC)

bob360 : Benefits

Rate of Interest for bob360 will be as under: -


Callable 
Tenors  General / NRO  Senior Citizen* 
ROI (%) 

7.10 

7.60 

bob360 : Features

  • MINIMUM DEPOSIT AMOUNT- Rs 1,000/- (and further in multiples of Rs. 1/-) for Callable Deposits. (Non-Callable Deposits Not Applicable)
  • MAXIMUM DEPOSIT AMOUNT-Less than Rs. 2.00 Crores
  • Sr. Citizen Preferential Rate is applicable only for “Resident Indian Sr. Citizen”.
  • Tenor of Deposit is 360 Days
  • Nomination facility will be available
  • Auto-renewal facility will be available

bob360 : Eligibility Criteria

  • An individual in his own name.
  • Jointly by more than one individuals.
  • In the names of Clubs, associations, Educational Institutions, Partnerships and joint stock companies and any other institutions, which are eligible to open a Term Deposit, account as per Bank rules.

bob360 : Document Required

  • As per existing terms for FDR All documents applicable to 'Fixed Deposits' will apply.

bob360 : Fees & Charges

bob360 : Most Important Terms and Conditions (MITC)

  • Accepted as security by Government departments & as margin for non-fund based activities subject to their acceptance.
  • Eligibility norms and all other instructions applicable to 'Fixed Deposits' will apply.

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