Baroda Rawarawa

Key Features:

• Minimum Deposit F$25 per month or in the multiple of F$25.
• Period -12, 24,36,48,60,72,84 or 120 months
• Loan facility against the security of Deposit
• Prepayment option available

Who can open the Account

• Individual ( Singly or Jointly)
• Illiterates
• Literate Minors in the age group of 10 years and above (singly or jointly with Guardian)
• Minors below 10 years of age jointly with Guardians


How to open account
The account can be opened in any of the branches of Bank of Baroda in Fiji by submitting following documents:

1. Baroda Rawarawa Deposit Account Opening Form.
2. Know your customers information / Documents in support of following to the satisfaction of the Bank:

Name	Address	Date of Birth	Occupation
Specimen Signature	Citizenship	TIN	Source of Funds

3. One latest Passport size photograph.
4. For non-Fiji Citizens following additional documents are required:

• a current and valid passport of any other travel document issued by a foreign government or recognised international organisation
• current and valid work, business or other permit or visa issued by the Fiji Immigration Department
• current and valid employment or student status document issued by the customer’s employer or the education institute in Fiji.
• Any other document stipulated by regulatory agencies from time to time.

5. Minimum Deposit of $25 at the Branch where account is to be opened.
    

Additional Information

• Interest on Recurring Deposit will be paid at the time of maturity after deduction of Resident Individual Withholding Tax (RIWT)/ Non Resident Individual Withholding Tax (NRIWT) applicable as per FRCA guideline.
• For rate of interest please click the link interest rate link at the end.
• Prepayment of Recurring Deposit / Payment of interest on prepaid deposit will be at the sole discretion of the Bank.
• No renewal is allowed.
• Part closure is not allowed.
• Partial withdrawal of interest is not allowed.
• Customer is issued a Recurring Deposit Pass Book containing the details of Recurring Deposit Account. The Passbook is to be produced by the customer at the time of payment / obtaining loan. Therefore customer is to keep the passbook safe.
• For clarification or any other information, please contact any of the branches in Fiji.
• Terms and Conditins apply.

Fees and Charges