Bank of Baroda Square Drive FD Scheme: After the amendment, the bank will offer FD interest rates between 4.25% to 7.15% to common citizens for deposit periods ranging from 7 days to 10 years, which will be applicable for amounts less than Rs 3 crore for callable deposits. For senior citizens, the bank offers interest rates between 4.75% to 7.65%.
Bank of Baroda Square Drive FD Scheme: The new financial year i.e. 2025-26 has started from April 1. With this, many rules and regulations have ended and many have started. A lot of changes have also been seen in the new financial year. Meanwhile, the government bank Bank of Baroda has given good news to its customers. Yes, this government-owned bank has started a new FD scheme, on which people and investors will get interest up to 7.75 percent. Let’s know about it…
Bank of Baroda Square Drive FD Scheme: A new FD option called bob Square Drive Deposit Scheme launched
According to a report by ET, Bank of Baroda on Monday announced that it has made significant changes to its fixed deposit (FD) schemes. According to a press release on Monday, the bank has launched a new FD option called ‘bob Square Drive Deposit Scheme’. The revised FD interest rates with the new scheme came into effect from April 7, 2025, and will be applicable on deposits of less than Rs 3 crore. The bank has also discontinued the special festival deposit scheme.
bob Square Drive Deposit Scheme (444 Days)
According to a report by ET, the scheme offers an interest rate of 7.15% per annum for general citizens, 7.65% for senior citizens and 7.75% per callable deposit for very senior citizens.
Bank of Baroda Latest FD Interest Rates
After the revision, the bank will offer FD interest rates between 4.25% to 7.15% to general citizens for deposit tenures ranging from 7 days to 10 years, which will be applicable for callable deposits with amounts less than Rs 3 crore. For senior citizens, the bank offers interest rates between 4.75% to 7.65%.
bob Tax Savings Fixed Deposit
For 5-year deposits, Bank of Baroda offers an interest rate of 6.80% to general public and NRO (non-resident ordinary) account holders and 7.40% to resident Indian senior citizens. Super-senior citizens, usually those aged 80 years and above, get a more favourable rate of 7.50% for the same tenure.
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