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Home FINANCE Bank of Baroda Introduces new FD scheme, higher Rates for the festive...

Bank of Baroda Introduces new FD scheme, higher Rates for the festive season

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Bank of Baroda Utsav FD : Bank of Baroda has given a gift to its crores of customers before Diwali. The bank has launched BOB Utsav Deposit Scheme.

Utsav FD scheme is a 400-day FD. Under this scheme, general citizens will get interest at the rate of 7.30%, senior citizens 7.80%, and super senior citizens 7.90%. That means common people can earn good returns in 400 days. Apart from this, the bank has revised the interest rates on its general FD.

Interest on BOB 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 per cent; For senior citizens: 6.25 per cent

211 days to 270 days – For general public: 6.25 per cent; For senior citizens: 6.75 per cent

271 days and above and less than 1 year – For general public: 6.50 per cent; For senior citizens: 7 per cent

1 year – For general public: 6.85 percent; For senior citizens: 7.35 percent

More than 1 year to 400 days – For general public: 7 per cent; For senior citizens: 7.50 per cent

Above 400 days and upto 2 years – For general public: 7 per cent; For senior citizens: 7.50 per cent

Above 2 years and upto 3 years – For general public: 7.15 per cent; For senior citizens: 7.65 per cent

Above 3 years and upto 5 years – For general public: 6.80 per cent; For senior citizens: 7.40 per cent

Above 5 years to 10 years – For general public: 6.50 per cent; For senior citizens: 7.50 per cent

Above 10 years (Court Order Scheme) – For general public: 6.25 per cent; For senior citizens: 6.75 per cent

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