New Delhi. Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’. Under this scheme, 7.15% annual interest will be given on FD for 333 days. Senior citizens will be given interest at the rate of 7.65% per annum.
In the second deposit scheme, 7.25% annual interest will be given on FD for 399 days. Senior citizens will be given interest at the rate of 7.75% per annum.
Bank of Maharashtra is also offering four special schemes
Bank of Maharashtra has launched four special deposit schemes for different periods. In this, one has to invest in FDs of 200 days, 400 days, 666 days and 777 days. The interest rate for 200-day deposit is 6.9%, for 400-day deposit the interest rate is 7.10%, for 666-day deposit the interest rate is 7.15% and for 777-day deposit the interest rate is 7.25%.
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BOB New FD Rates
- 7 days to 14 days – For general public: 4.25%; For senior citizens: 4.75%
- 15 days to 45 days – For general public: 6 per cent; For senior citizens: 6.50 per cent
- 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: 6.15 percent; For senior citizens: 6.65 percent
- 271 days and above and less than 1 year – For general public: 6.25 per cent; For senior citizens: 6.75 per cent
- 333 days – (Monsoon Dhamaka Deposit Scheme) – For general public: 7.15 percent; For senior citizens: 7.65 percent
- 360 days (BOB 360) – For general public: 7.10 percent; For senior citizens: 7.60 percent
- 1 year – For general public: 6.85 percent; For senior citizens: 7.35 percent
- 399 days – (Monsoon Dhamaka Deposit Scheme) – For general public: 7.25 percent; For senior citizens: 7.75 percent
- More than 1 year to 400 days – For general public: 6.85 per cent; For senior citizens: 7.35 per cent
- Above 400 days and upto 2 years – For general public: 6.85 per cent; For senior citizens: 7.35 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: 6.50%; For senior citizens: 7.00%
- 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.
