Baroda Annual
Baroda Annual is a deposit product offered to customers who wish to benefit from long-term investment options with annual interest payout facility.
The impressive feature of Baroda Annual is that the interest will be credited to the customer’s operative account on a yearly frequency for fixed deposits with more than 1 year maturity.
Through Baroda Annual, customers would benefit from interest income credited to their operative account annually, which otherwise gets accrued and paid only on maturity. This annually credited interest income may be used by customers to meet their one time annual commitments like Club Membership Fees, Insurance Premiums, etc. Baroda Annual would also enable customers to rationalize payment of tax.
Thus, Baroda Annual offers a mix of attractive returns on long term deposits and liquidity for meeting one-off annual expenses.
Summary Box of Baroda Annual 
(338 KB)