Rates and Charges
Exchange Rates (Rates for 6/6/2023)
| Currency | Rate | Amount |
|---|---|---|
| GBP/INR | 101.90 | Up to £1,000 |
| GBP/INR | 102.25 | £1,001 - £5,000 |
| GBP/INR | 102.35 | £5,001 - £15,000 |
| USD/INR | 82.15 | Up to $10,000 |
*For higher amounts please contact your branch for rates.
Note : Above rates are subject to revision based on market conditions.
Interest Rates for Savings Bank Accounts w.e.f. 03 October 2022:
| Currency | GBP | USD | EUR |
| Interest Rate | 0.25% | 0.25% | 0.00% |
Interest Rates for Fixed Term Deposits w.e.f. 3rd October 2022:
| Period | Amount GBP 500 and above upto GBP 1,000,000 (Interest rates gross/p.a.) w.e.f 03/10/2022 | AER/Gross |
|---|---|---|
| 6 months to less than 12 months | 0.70 | 0.70 |
| 12 Months | 0.70 | 0.70 |
Note :
- The above rates are applicable for retail customer only.
- AER as per lower maturity in related bucket.
For Existing retail (Individual) customers whose banking relationship start date with Bank of Baroda (UK) Limited is on or before 1st June 2022.
| Period |
Amount GBP 500 and above upto GBP 1,000,000 (Interest rates gross/p.a.) w.e.f 03/10/2022 |
AER/Gross |
|---|---|---|
| 6 months to less than 12 months | 0.70 | 0.70 |
| 12 Months | 1.20 | 1.20 |
Note :
- AER as per lower maturity in related bucket