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Home FINANCE Bank of Baroda’s 400-day special FD scheme getting the highest interest to...

Bank of Baroda’s 400-day special FD scheme getting the highest interest to customers

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Bank of Baroda is a government bank. In terms of market cap, it is the second largest government bank in the country. Bank of Baroda (BoB) is running various savings schemes to give better returns to its customers, where by investing you can get good returns.

Here we are going to tell you about a scheme of Bank of Baroda, in which you can get a stable and guaranteed return of Rs 17,668 by investing Rs 2,00,000.

Up to 7.90 percent interest will be available on 400-day FD

Bank of Baroda’s 400-day special FD scheme BOB Utsav Deposit Scheme is getting the highest interest to customers. Customers are not getting this much interest on any other FD scheme of Bank of Baroda. Yes, this government bank is giving 7.30 percent interest to the common people on this 400-day special FD scheme. Not only this, BOB is giving 7.80 percent interest to senior citizens and 7.90 percent interest to super senior citizens on this scheme. Let us tell you that super senior citizens are those citizens who are 80 years of age or above.

Know how much interest you will get: If Rs 2 lakh is deposited in a 400-day FD of Bank of Baroda, then common citizens will get a total of Rs 2,16,268 on maturity, which includes a fixed interest of Rs 16,268. If you are a senior citizen, then you will get a total of Rs 2,17,668 on maturity, which includes a fixed interest of Rs 17,668. And if you are a super senior citizen, then you will get a total of Rs 2,17,902 on maturity, which includes a fixed interest of Rs 17,902. Let us tell you that on any FD account, you get a fixed and guaranteed interest over a certain period.

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