{"id":167309,"date":"2024-09-13T11:33:25","date_gmt":"2024-09-13T06:03:25","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=167309"},"modified":"2024-09-13T11:33:26","modified_gmt":"2024-09-13T06:03:26","slug":"bank-of-baroda-launches-bob-earth-green-term-deposit-scheme","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/bank-of-baroda-launches-bob-earth-green-term-deposit-scheme\/","title":{"rendered":"Bank Of Baroda Launches Bob Earth Green Term Deposit Scheme"},"content":{"rendered":"\n<p><strong>Bank of Baroda<\/strong>, one of India\u2019s leading public sector banks, has announced the launch of th<strong>e bob Earth Green Term Deposit Scheme<\/strong>. The scheme aims to raise deposits that will be&nbsp;<strong>used to finance eligible environment-friendly projects and sectors<\/strong>, fostering India\u2019s transition to a green and sustainable economy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Interest Rates<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Up to<strong>\u00a07.15% p.a.<\/strong>\u00a0on deposits ranging from Rs. 5,000 to Below Rs. 2 Crore.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Tenors &amp; Interest Rates<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Time Period<\/th><th>Interest Rate<\/th><\/tr><\/thead><tbody><tr><td>1 year (12 months)<\/td><td>6.75%<\/td><\/tr><tr><td>1.5 years (18 months)<\/td><td>6.75%<\/td><\/tr><tr><td>777 days<\/td><td>7.15%<\/td><\/tr><tr><td>1111 days<\/td><td>6.40%<\/td><\/tr><tr><td>1717 days<\/td><td>6.40%<\/td><\/tr><tr><td>2201 days<\/td><td>6.40%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Allocation of Funds and Eligible Sectors<\/h2>\n\n\n\n<p><strong>Allocation: Funds raised will be allocated to eligible green projects\/sectors such as:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Renewable Energy<\/li>\n\n\n\n<li>Clean Transportation<\/li>\n\n\n\n<li>Sustainable Water and Waste Management<\/li>\n\n\n\n<li>Energy Efficiency<\/li>\n\n\n\n<li>Climate Change Adaptation<\/li>\n\n\n\n<li>Pollution Prevention and Control<\/li>\n\n\n\n<li>Green Buildings<\/li>\n\n\n\n<li>Biodiversity Conservation<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Accessibility<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Existing and new customers can open a Green Deposit through any Bank of Baroda branch across India.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Previous Initiatives<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Green Initiatives:<\/strong>\u00a0On Bank of Baroda\u2019s 116th Foundation Day, the Bank launched green initiatives under the name of \u201cbob Earth\u201d to reaffirm its commitment to environmental responsibility.<\/li>\n\n\n\n<li><strong>Step Forward:<\/strong>\u00a0The launch of bob Earth Green Deposits represents a continued effort in this direction.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bank of Baroda, one of India\u2019s leading public sector banks, has announced the launch of the bob Earth Green Term Deposit Scheme. The scheme aims to raise deposits that will be&nbsp;used to finance eligible environment-friendly projects and sectors, fostering India\u2019s transition to a green and sustainable economy. Interest Rates Tenors &amp; Interest Rates Time Period [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":167310,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5234],"tags":[74,5235],"offerexpiration":[],"class_list":["post-167309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2024","tag-bank-current-affairs","tag-current-affairs-march-2024"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=167309"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167309\/revisions"}],"predecessor-version":[{"id":167311,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167309\/revisions\/167311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/167310"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=167309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=167309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=167309"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=167309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}