The bank was offering interest at the rate of 7.15 percent per annum on this, but now the bank has reduced the interest on this FD. This scheme is for a period of 444 days, which was similar to the Amrit Vrishti scheme of SBI Bank. SBI’s special scheme is for 444 days. These new rates have come into effect from May 5, 2025.

Interest Rate in BOB Square Drive Deposit Scheme

General citizens were being offered 7.15% annual interest, which has been reduced to 7.10%. Senior citizens were being offered 7.65% annual interest, which has been reduced to 7.60%. Apart from this, super senior citizens are being given 7.70% interest instead of 7.75% annual interest. The bank has reduced the interest on this FD by 0.05%.

Interest on BOB FD

• 7 days to 14 days – 4.00% for general public; 4.50% for senior citizens
• 15 days to 45 days – 4.00% for general public; 4.50% for senior citizens
• 46 days to 90 days – 5.50 per cent for general public; 6 per cent for senior citizens
• 91 days to 180 days – 5.60 per cent for general public; 6.10 per cent for senior citizens
• 181 days to 210 days – 5.75 per cent for general public; 6.25 per cent for senior citizens
• 211 days to 270 days – 6.25 per cent for general public; 6.75 per cent for senior citizens
• 271 days and above and less than 1 year – 6.50 per cent for general public; 7 per cent for senior citizens
• 1 year – 6.80 percent for general public; 7.30 percent for senior citizens
• More than 1 year and less than 400 days – 6.80 per cent for general public; 7.40 per cent for senior citizens
• Above 400 days and upto 2 years – 6.80 per cent for general public; 7.40 per cent for senior citizens
• Above 2 years and upto 3 years – 7.00% for general public; 7.50% for senior citizens
• Above 3 years and upto 5 years – 6.80% for general public; 7.30% for senior citizens
• Above 5 years to 10 years – 6.50% for general public; 7.50% for senior citizens
• Above 10 years (Court Order Scheme) – 6.25 per cent for general public; 6.75 per cent for senior citizens
• 444 days – (Square Drive Deposit Scheme) – 7.10 percent for general public; 7.60 percent for senior citizens

Related Articles:-

Vande Bharat Express: Railways preparing to run Vande Bharat on this route, know route details

7 Major changes from UAN activation to PF transfer- Check out change details here

Airport closed: Mumbai airport will remain shut for 6 hours on May 8, Check details

The post Bank FD Rate Cut: Bank of Baroda reduced interest on special FD! check new interest first appeared on Rightsofemployees.com.

Utsav FD scheme is a 400-day FD. Under this scheme, general citizens will get interest at the rate of 7.30%, senior citizens 7.80%, and super senior citizens 7.90%. That means common people can earn good returns in 400 days. Apart from this, the bank has revised the interest rates on its general FD.

Interest on BOB FD

7 days to 14 days – For general public: 4.25 percent; For senior citizens: 4.75 percent

15 days to 45 days – For general public: 4.50 percent; For senior citizens: 5 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 percent

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: 6.25 per cent; For senior citizens: 6.75 per cent

271 days and above and less than 1 year – For general public: 6.50 per cent; For senior citizens: 7 per cent

1 year – For general public: 6.85 percent; For senior citizens: 7.35 percent

More than 1 year to 400 days – For general public: 7 per cent; For senior citizens: 7.50 per cent

Above 400 days and upto 2 years – For general public: 7 per cent; For senior citizens: 7.50 per cent

Above 2 years and upto 3 years – For general public: 7.15 per cent; For senior citizens: 7.65 per cent

Above 3 years and upto 5 years – For general public: 6.80 per cent; For senior citizens: 7.40 per cent

Above 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

Related Articles:-

9 works including vehicle related special permit will be done online

Central govt has issued a new guideline for its employees regarding contribution to NPS

Electricity department will install smart meters in homes to prevent power theft

The post Bank of Baroda Introduces new FD scheme, higher Rates for the festive season first appeared on Rightsofemployees.com.