FD Rates: There is big news for the customers of Bank of Baroda (BOB), which is included in the count of the country’s largest public sector banks. BOB has increased the interest rates on retail term deposits with effect from March 17.
This increase in term deposits has also been done for general customers and NRO and NRE. The bank has increased the interest of term deposits by 0.25 percent. These rates will be applicable for deposits of less than Rs 2 crore. Bank of Baroda has increased the interest on Tax Saving Term Deposit as well as Baroda Advantage Fixed Deposit by 25 basis points i.e. 0.25 per cent. Now the interest on FD (Fixed Deposit – FD) of Bank of Baroda has also changed.
Interest on BOB’s FD
7 days to 14 days – For general public: 3.00 per cent; For Senior Citizen: 3.50 percent
15 days to 45 days – For general public: 3.00 per cent; For Senior Citizen: 3.50 percent
46 days to 90 days – For general public: 4.50 per cent; For Senior Citizen: 5 percent
91 days to 180 days – For general public: 4.50 per cent; For Senior Citizen: 5 percent
181 days to 210 days – For general public: 5.25 per cent; For Senior Citizen: 5.75 percent
211 days to 270 days – For general public: 5.75 per cent; For Senior Citizen: 6.25 percent
271 days and above and less than 1 year – For general public: 5.75 per cent; For Senior Citizen: 6.25 percent
Bank of Baroda has increased the interest on FD.
1 year – For general public: 6.75 per cent; For Senior Citizen: 7.25 percent
1 year to more than 400 days – For general public: 6.75 per cent; For Senior Citizen: 7.25 percent
More than 400 days and up to 2 years – For general public: 6.75 per cent; For Senior Citizen: 7.25 percent
Above 2 years and up to 3 years – For general public: 6.75 per cent; For Senior Citizen: 7.25 percent
Above 3 years and up to 5 years – For general public: 6.50 per cent; For Senior Citizen: 7.15 percent
Above 5 years to 10 years – For general public: 6.50 per cent; For Senior Citizen: 7.50 percent
