Liquid FD Rates: Bank of Baroda, has launched a new fixed deposit scheme for its customers, Key Details Inside

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Bank of Baroda Liquid FD Rates: The country’s largest public sector bank, Bank of Baroda, has launched a new fixed deposit scheme for its customers, which gives them safe returns on FDs and also the facility of partial withdrawal at any time like a savings bank account.

This means that you can withdraw money as per your need without breaking your FD. The name of this new FD scheme of Bank of Baroda is “BOB Liquid Fixed Deposit”.

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BOB Liquid FD: FD returns with the convenience of a savings account

Bank of Baroda said that on BOB Liquid FD, customers get high returns of FD on their savings along with liquidity like a savings account. In this, you get the facility of partial withdrawal without closing your FD. With its help, you can withdraw some amount as per your need and get return on the remaining amount at FD interest rate as before.

For example, if a customer has a BOB Liquid FD of ₹5 lakh and withdraws ₹1 lakh, the remaining ₹4 lakh will continue to earn returns at the original interest rate.

BOB Liquid FD: Key highlights

• Minimum deposit amount: ₹5,000 (and in multiples of ₹1,000)
• Maximum deposit amount: No upper limit
• Minimum Tenure: 12 Months
• Maximum tenure: 60 months
• Interest Rate: On this scheme, customers will get interest as per the term deposit rates decided by the bank from time to time.
• Partial withdrawal facility: Partial withdrawal allowed in multiples of ₹1,000 during the tenure of the FD.

BOB FD Rates

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