FINANCE

Bank Of Baroda Offers Highest Interest Rate On FDs; Check New Interest Rates

FD Rates:  Bank Of Baroda is offering the best returns on FD amongst public sector banks to the customers. Recently, BOB hiked the interest rates on FDs of less than one year. The Public sector bank is offering an interest rate of 4.25 per cent instead of 3 per cent on FD of 7 to 14 days. The bank offering 5.50 percent interest on FD of 90 days.

The new interest rates on FDs have been implemented from 29 December 2023. Below are the details of the revised interest rate on FDs.

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Bank Of Baroda Revised Interest Rate On Fds

7 days to 14 days – The bank is offering 4.25 percent for common persons and 4.75 percent for senior citizens

15 days to 45 days- The bank is offering 4.50 percent for common persons and 5 percent for senior citizens

46 days to 90 days – The bank is offering 5.50 percent for common persons and 6 percent for senior citizens

91 days to 180 days – The bank is offering 5.60 percent for common persons and 6.10 percent for senior citizens

181 days to 210 days – The bank is offering 5.75 percent for common persons and 6.25 percent for senior citizen

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211 days to 270 days – The bank is offering 6.15 percent for common persons and 6.65 percent for senior citizens

271 days and above and less than 1 year – The bank is offering 6.25 percent for common persons and 6.75 percent for senior citizens

365 days (1 year) – The bank is offering 6.85 percent for common persons and 7.35 percent for senior citizens

1 year to more than 400 days – The bank is offering 6.75 percent for common persons and 7.25 percent for senior citizens

More than 400 days and up to 2 years – The bank is offering 6.75 percent for common persons and 7.25 percent for senior citizens

Above 2 years and up to 3 years – The bank is offering 7.25 percent for common persons and 7.75 percent for senior citizens

Above 3 years and up to 5 years – The bank is offering 6.50 percent for common persons and 7.0 percent for senior citizens

More than 5 years to 10 years – The bank is offering 6.50 percent for common persons and 7.0 percent for senior citizens

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Baroda Tricolour Plus Deosit Scheme

Maturity Period- 399 days

Interest Rate– For general public: 7.16 percent; For senior citizens: 7.65 percent

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