If you want more returns from FD, then an opportunity has come for you. Actually, Bank of Baroda has changed the FD rates from August 13. Now you can earn up to 7.9 percent interest on FD.
Are you planning to invest in Fixed Deposit i.e. FD, then this news is of your use. 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 per cent to 7.25 per cent for the general public on FD. This interest rate is applicable on callable deposits for an amount 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 per cent to 7.75 per cent.
Baroda Advantage Fixed Deposit
The 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 non-callable deposits for amounts less than Rs 1 crore to Rs 3 crore.
BOB FD Interest Rates
- 7 days to 14 days – For general public: 4.25 per cent; For senior citizens: 4.75 per cent
- 15 days to 45 days – For general public: 4.50 per cent; For senior citizens: 5 per cent
- 46 days to 90 days – For general public: 5.50 per cent; For senior citizens: 6 per cent
- 91 days to 180 days – For general public: 5.60 per cent; 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 – For general public: 7.15 per cent; For senior citizens: 7.65 per cent
- 360 days – 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 – For general public: 7.25 per cent; For senior citizens: 7.75 per cent
- 1 year to 400 days – For general public: 6.85 per cent; For senior citizens: 7.35 per cent
400 days to 2 years – For general public: 6.85 per cent; For senior citizens: 7.35 per cent - More than 2 years and up to 3 years – For general public: 7.15 per cent; For senior citizens: 7.65 per cent
- More than 3 years and up to 5 years – For general public: 6.50 per cent; For senior citizens: 7.15 per cent
- More than 5 years to 10 years – For general public: 6.50 per cent; For senior citizens: 7.50 per cent
