New Delhi. If you are planning to invest in Fixed Deposit i.e. FD, then this news is useful for you. Actually, the public sector Bank of Baroda has revised its FD rates. The bank has changed the rates of FD up to Rs 3 crore.
According to the website of Bank of Baroda, the new FD rates have come into effect from August 13, 2024.
The bank has offered interest rates ranging from 4.25% to 7.25% on FDs for the general public. This interest rate is applicable on callable deposits of less than Rs 3 crore for a period of 7 days to 10 years. For senior citizens, the bank is offering interest rates ranging from 4.75% to 7.75%.
Baroda Advantage Fixed Deposit
Bank is offering the highest FD interest rate of 7.40 per cent for general citizens and 7.90 per cent for senior citizens for amounts less than Rs 1 crore to Rs 3 crore on non-callable deposits.
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Interest rates on BOB FD
- 7 days to 14 days – For general public: 4.25%; For senior citizens: 4.75%
- 15 days to 45 days – For general public: 4.50%; For senior citizens: 5%
- 46 days to 90 days – For general public: 5.50%; For senior citizens: 6%
- 91 days to 180 days – For general public: 5.60%; For senior citizens: 6.10%
- 181 days to 210 days – For general public: 5.75%; For senior citizens: 6.25%
- 211 days to 270 days – For general public: 6.15%; For senior citizens: 6.65%
- 271 days and above and less than 1 year – For general public: 6.25%; For senior citizens: 6.75%
- 333 days Monsoon Dhamaka – For general public: 7.15%; For senior citizens: 7.65 %
- 360 days – For general public: 7.10%; For senior citizens: 7.60%
- 1 year – For general public: 6.85%; For senior citizens: 7.35%
- 399 days Monsoon Dhamaka – For general public: 7.25%; For senior citizens: 7.75%
- 1 year to 400 days – For general public: 6.85%; For senior citizens: 7.35%
- 400 days to 2 years – For general public: 6.85%; For senior citizens: 7.35%
- More than 2 years and up to 3 years – For general public: 7.15%; For senior citizens: 7.65%
- more than 3 years and upto 5 years – For general public: 6.50%; For senior citizens: 7.15% For
- more than 5 years and upto 10 years – For general public: 6.50%; For senior citizens: 7.50%
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