Bandhan Elite Plus Account and Bank of Baroda 444-Day Deposit
Why in the news
Bandhan Bank and Bank of Baroda each unveiled products aimed at a distinct customer group.
Key facts
- Bandhan Elite Plus (for HNIs): unlimited monthly cash deposits, free RTGS, NEFT and IMPS, and personal accident cover up to ₹15 lakh.
- bob Square Drive: retail term deposit, 444 days, below ₹3 crore, effective April 7, 2025.
| Depositor | Rate |
|---|---|
| General | 7.15% |
| Senior citizen (+50 bps) | 7.65% |
| Super senior (80+) | 7.75% |
| Non-callable | Up to 7.80% |
Exam angle
- Tenure: 444 days; senior premium: 50 bps.