Bank of Baroda Special FD: Bank of Baroda has launched a new special FD scheme. More interest is being offered in less time in the special FD scheme. These special FD rates are for FDs less than Rs 2 crore. This new scheme has come into effect from 15 January 2024. The bank had earlier increased the interest on some FDs on December 29, 2023.
Special FD Scheme of Bank of Baroda
In the special FD scheme of Bank of Baroda, special FD has been offered to general citizens and senior citizens at interest rates of 7.10% and 7.60% respectively. This FD is for 360 days. You can invest a minimum of Rs 1,000 in this FD. A maximum of Rs 2 crore can be invested in this scheme. This FD is only for 360 days.
Interest on BOB’s FD
7 days to 14 days – For general public: 4.25 percent; For senior citizens: 4.75 percent
15 days to 45 days – For general public: 4.50 percent; For senior citizens: 5 percent
46 days to 90 days – For general public: 5.50 percent; For senior citizens: 6 percent
91 days to 180 days – For general public: 5.60 percent; For senior citizens: 6.10 percent
181 days to 210 days – For general public: 5.75 percent; For senior citizens: 6.25 percent
211 days to 270 days – For general public: 6.15 percent; For senior citizens: 6.65 percent
271 days and above and less than 1 year – For general public: 6.25 percent; For senior citizens: 6.75 percent
1 year – For general public: 6.85 percent; For senior citizens: 7.35 percent
1 year to more than 400 days – For general public: 6.75 percent; For senior citizens: 7.25 percent
More than 400 days and up to 2 years – For general public: 6.75 percent; For senior citizens: 7.25 percent
Above 2 years and up to 3 years – For general public: 7.25 percent; For senior citizens: 7.75 percent
Above 3 years and up to 5 years – For general public: 6.50 percent; For Senior Citizen: 7.00 percent
More than 5 years to 10 years – For general public: 6.50 percent; For Senior Citizen: 7.00 percent
Above 10 years (Court Order Scheme) – For general public: 6.25 per cent; For senior citizens: 6.75 percent
399 days (Baroda Tricolor Plus Deposit Scheme) – For general public: 7.16 percent; For senior citizens: 7.65 percent