WHAT IS A DEPOSIT ACCOUNT ?
Depositing money at Bank of Baroda - Brussels is a good way to capitalize attractive interest and secure your money.
Flexibility and competitiveness are the two watchwords of our deposit accounts. For this purpose, we offer for varying periods arranged in advance, good rates of interest which will get added to your capital or credited to your current account at the end of the said period.
We offer two kinds of deposit accounts : Call deposit & Time deposit account.
Time deposit : Your capital is placed till maturity date choosen by you in advance. Interest will be credited on maturity date only.
Call deposit : Used principally when you don’t know how long you want to place your capital. You can dispose of your funds with interest when you request disposal of them. Rates of call deposit are always less than a time deposit rate.