BoB Monsoon Dhamaka Scheme: Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’. It includes two deposit schemes of 333 days and 399 days. The maximum interest rate is 7.75%.
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. At the same time, 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. At the same time, 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 days deposit the interest rate is 7.25%.
BOB’s new FD rates
- 7 days to 14 days – for general public: 4.25 percent; for senior citizens: 4.75 percent15 days to 45 days – for general public: 6 percent; for senior citizens: 6.50 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 per cent
- 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 per cent; For senior citizens: 6.65 per cent
- 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 per cent; For senior citizens: 7.65 per cent
- 360 days (BOB 360) – For general public: 7.10 per cent; For senior citizens: 7.60 per cent
- 1 year – For general public: 6.85 per cent; For Senior Citizens: 7.35 per cent
- 399 days – (Monsoon Dhamaka Deposit Scheme) – For General Public: 7.25 per cent; For Senior Citizens: 7.75 per cent
- 1 year to more than 400 days – For General Public: 6.85 per cent; For Senior Citizens: 7.35 per cent
- More than 400 days and upto 2 years – For General Public: 6.85 per cent; For Senior Citizens: 7.35 per cent
- More than 2 years and upto 3 years – For General Public: 7.15 per cent; For Senior Citizens: 7.65 per cent
- More than 3 years and upto 5 years – For General Public: 6.50 per cent; For Senior Citizens: 7.00 per cent
- More than 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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