Bank of Baroda 6 Month Fixed Term Deposit
|Branch access||Online account||Minimum saving amount||Maximum saving amount||Interest paid|
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
Bank of Baroda customer satisfaction scorecard:How do we work this out?
|Clarity of statement||Interest rate information||Regular contact||Customer service||Overall customer score|
|Minimum saving amount||£500|
|Maximum saving amount||£1,000,000|
|Minimum initial deposit||£500|
|Restricted locations note||N/A|
|Existing customer note||Only available to existing account holders that hold a base account with Bank Of Baroda such as a current or savings bank account.|
|Account type||Fixed Term|
|ISA transfers allowed||No|
|Minimum regular monthly deposit||N/A|
|Maximum regular monthly deposit||N/A|
|Withdrawals note||Facility to take premature payment of your deposit- for pre-mature payment, interest on deposit will be payable at applicable card rate on the date of accepting the deposit for the period remained with the bank minus one percent penal interest . However, in case the deposit has remained with the bank for a minimum period of 12 months or deposit is renewed for a period of not less than unexpired period, there will be no penal interest levied for pre-mature payment.|
|Fixed term||182 days|
|Account fee charged||N/A|
|Part of FSCS||Yes|
|FSCS note||The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). Under the UK Scheme if you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your £85,000 protection is across all the companies sharing the licence, not each individual company.|
|Interest paid||On maturity|
|Interest paid type||Paid on Maturity|
|Introductory bonus note||N/A|
|Conditional bonus note||N/A|
|From (£)||To (£)||AER including bonus (%)||Bonus rate (%)||AER excluding bonus (%)||Interest type|