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Current Account
Current Deposit product is ideal for firm, companies, institutions, HUF, individuals etc., who need banking facility more frequently. This is one of the most basic and flexible deposit options, allowing transaction without limiting the numbers.
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Key Features
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Eligibility
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Deposit amount
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Interest
- Any number of debits and credits are allowed in the account
- Debits in the account will be allowed without service fees which are related to business or personal loans availed from the Bank and also transfer of funds from one account to another account maintained within Bank of Baroda (Botswana)ltd of the same customer or any other customer.
- Cheque Book Facility:
Available - Overdraft/ loan facility:
Overdraft facility available by arrangement - Sweep in Sweep out facilities:
If the entire amount is withdrawn within one month from the date of deposit, no interest will be payable on deposit. However, if the deposit remains for a period exceeding one month prepayment may be considered with interest @1% below the rate applicable for the period for which the deposit has remained with the Bank - Service Charges:
As declared by the Bank from time to time
Individuals business firms companies, associations, society etc.
Minimum P3000
Maximum No Limit
No interest is payable in the A/C
