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.

After the completion of a certain period, fixed interest is earned on the deposited amount. If you are also thinking of investing in FD, then Bank of India’s ‘Star Super Triple Seven Fixed Deposit’ scheme can be of use to you. The bank has recently launched this scheme. BOI has offered attractive interest rates to its customers on this FD scheme. Know the details.

This scheme will mature on 777 days

Bank of India’s ‘Star Super Triple Seven Fixed Deposit’ scheme will mature on 777 days. On this new scheme, the bank has offered 7.25 percent interest to its customers on the deposited money. On the other hand, if senior citizens deposit the amount under this, then they will be paid an interest rate of 7.75%. The interest rates of 777-day FD scheme of Bank of India are much better than other investment options like Public Provident Fund, Senior Citizen Saving Scheme, National Savings Certificate.

Other FD interest rates

Not only this, Bank of India has increased the interest rate on FDs maturing in 555 days to 6.30%. At the same time, except for the 777 days scheme, other FD schemes which are from 2 years to 3 years, the bank is offering an interest rate of 5.75% on them. Apart from this, Bank of India will now pay an interest rate of 6.25% on schemes maturing in 3 years to 5 years and 5.75 per cent on FDs maturing in 5 years to 10 years.

On other FDs maturing between 1 year to 2 years except 555 days, the bank will pay an interest rate of 5.75%. At the same time, FDs maturing in more than 180 days and less than 1 year will get an interest rate of 4.60%. The interest rate of 3.85% has been offered by the bank on the schemes maturing in 46 days to 179 days, while the interest rate of 2.85% has been offered by the bank on the schemes maturing in 7 days to 45 days.

The post Good News: This bank is giving up to 7.75% interest on this new FD scheme, check details first appeared on Rightsofemployees.com.

Who can open account for FD scheme

Any resident, individual, body of individuals can open an account or invest in Punjab & Sind Bank’s PSB Investment Plus-501 Days FD Scheme (PSB INVESTMENT PLUS-501 DAYS). Non-individuals such as Hindu Undivided Family (HUF), Sole Proprietorship Firm as a non-individual; Partnership firms, companies, association of individuals can also invest in this FD scheme.

how much return will you get

On investing in the PSB Investment Plus-501 Days FD Scheme, an interest of 6.10 percent per annum is being offered to the common person or firm, while an interest of 6.60 percent is being offered to the senior citizen. The benefit of this scheme can be taken till December 1, 2022. In this FD scheme (PSB INVESTMENT PLUS-501 DAYS), you can invest at least Rs 5000 and then in multiples of Rs 1000. The maximum deposit that can be made in this scheme is Rs 1.99 crore.

Account can be opened in any branch of the bank

Under this scheme of Punjab and Sind Bank, you can open an account and invest in any branch of the bank. In recent times, banks have increased the interest rates on FDs. After the increase in policy rates by RBI, banks or other financial institutions have increased the interest on investment in fixed deposits or other deposits.

The post New FD Plans: This government bank brought special FD scheme, maturity of 501 days, know full details first appeared on Rightsofemployees.com.