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Bank of Baroda (Kenya) Limited is regulated by the Central Bank of Kenya
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BOB logoBank Of Baroda (Kenya) Ltd

Rate of Interest for Fixed Deposits in US Dollars (USD)


¤ Central Bank Rate (CBR):  10.00% p.a. (w.e.f. 20.09.2016)

¤ US Dollars Fixed Deposits (w.e.f. 15.05.2015):

Tenor Of Deposit in USD Rate of Interest
30 Days & less than 3 months 2.25% p.a.
3 months & above but less than 6 months 2.75% p.a.
6 months & above but less than 1 year 3.00% p.a.
1 year & above 3.50% p.a.

 ¤  Premature Withdrawal- US Dollars Fixed Deposits:

S/N Period Of Deposit Premature Withdrawal Interest payment, Penal interest etc on premature withdrawal
1 30 Days to less than 3 months Allowed

No Interest will be payable, if deposit continues for less than 30 Days.

A penal interest of 1% will be deducted on the rate of interest applicable for the period; the deposit has actually remained with the Bank from the date of deposit (for the period of 30 days & above).

2 3 months & above Allowed

No Interest will be payable, if deposit continues for less than -60- days.

A penal interest of 1% will be deducted on the rate of interest applicable for the period; the deposit has actually remained with the Bank from the date of deposit (for the period of 60 days & above).