BOB Suvidha Fixed Deposit Scheme offers easy liquidity along with competitive rates to its customers. The customers can choose the tenures that best suit them although; it is ideal for both short and long term investment objectives. With a flexible withdrawal limit, the scheme offers financial security to the customers.
Minimum: Rs.5,000/- Subsequent deposits in multiples of Rs.1,000/-.
The depositor has to request the bank for the deposits above Rs.10 crore.
Rate of Interest
Minimum: 1 Year
Maximum: 5 Years
Under the rules set by the Income Tax Department, TDS is applicable.
Loan against ICICI Money Multiplier Plan
The depositor can avail 95% of his/her deposit value as loan.
Yes, unless otherwise mentioned
The rate of interest under this scheme is calculated on a three-month basis and is credited to the depositor’s account in every six months.
Deposits below Rs.1 crore
Rs.1 crore to Rs.10 crores
Rs.10 crores to Rs.50 crores
Above Rs.50 crores
Above 365 Days and up to 3 Years
Above 3 Years and up to 60 Months
Moreover, under this scheme, people aged above 60 years can avail the benefit of an additional 0.5% interest on their deposits. The minimum amount of Rs. 10,000/- is required.
Kindly Note: As the rates provided by the bank are linked with its base rates, and therefore, it can be varied on a timely basis.
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Akshar Blue Chip IT Park, 703, Thane - Belapur Rd, Turbhe, Navi Mumbai, Maharashtra 400705