IF YOU HAVE A DESIRE FOR SECURING YOUR FINANCES, BANK OF BARODA HAS AN ARRAY OF INCENTIVE PACKAGES TO OFFER.
As kids, our parents used to encourage us to put our money in piggy banks to save for a special occasion. But now, as adults, we encourage our kids to put aside money in savings bank accounts. Saving for the future whether to buy something or start a business or for the rainy day or old age are common reasons for putting aside money.
Balances held in the account are eligible for payment of interest depending upon the slab-wise balance i.e up to INR 50 Lakh, it is 3.5% and above INR 50 Lakh, it is 4%. There is also guaranteed capital protection on Deposits up to INR 1 Lakh.
Types of Savings Accounts
Baroda Mahila Shakti SB Account
• Baroda Senior Citizen Privilege SB Account
• Baroda Super Savings Account
• Baroda Champ SB Account
• Baroda Salary Classic SB Account
• Baroda Salary Super SB Account
• Baroda Salary Premium SB Account
• Baroda Salary Privilege SB Account
• Baroda Govt. Bodies/ Corp etc SB Account
• Baroda SB Self Help Group – General Account
Our bank savings may not make us very rich, but it certainly provides a measure of independence with secure funds that can be dipped into in times of need. This could vary from wanting to host a party (right from birthday to wedding), to planning a vacation, to having a safety cushion when planning to leave work to either go back to college or to switch careers, starting your own business or investing in acquiring a home or business, helping family members, and early retirement.
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