New Delhi: Bank of Baroda (BoB) has revised its Fixed Deposit interest rates for investments below Rs 3 crore with effect from 13 August 2024. The PSU bank is offering 4.25 per cent and 7.25 per cent to general citizens on tenures between 7 days to 10 years FDs. For senior citizens, the lender is giving 0.50 more interest rates.
Tenors
Residents / General Public
Resident Indian Sr. Citizen
7 days to 14 days
4.25
4.75*
15 days to 45 days
4.5
5.00*
46 days to 90 days
5.5
6.00*
91 days to 180 days
5.6
6.10*
181 days to 210 days
5.75
6.25*
211 days to 270 days
6.15
6.65*
271 days & above and less than 1 year (except 333Days and 360 Days)
6.25
6.75*
333 Days (bob Monsoon Dhamaka Deposit Scheme)
7.15
7.65*
360 Days (bob360)
7.1
7.60*
1 year
6.85
7.35*
399 Days (bob Monsoon Dhamaka Deposit Scheme)
7.25
7.75*
Above 1 year to 400 days (Except 399 Days)
6.85
7.35*
Above 400 days and upto 2 Years
6.85
7.35*
Above 2 Years and upto 3 Years
7.15
7.65*
Above 3 Years and upto 5 Years
6.5
7.15 #
Above 5 Years and upto 10 Years
6.5
7.50**
Above 10 years (MACT/MACAD
Court Order schemes only)
6.25
6.75*
Bank of Baroda revised its FD rates after other banks like Union Bank, ICICI Bank, and Bank of India revised their FD rates for amounts up to Rs 3 crore. Bandhan Bank has also announced to offer interest rate of 8.50% on its 1 year 9 months FD scheme.
Bank of Baroda has raised interest rates for Fixed Deposits (FDs) of up to Rs 3 crore with effect from August 13, 2024. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
