New Delhi: State-owned banks, State Bank of India (SBI) and Bank of Baroda (BoB) have launched special fixed deposit schemes to give higher interest rates to depositors. SBI, country’;s largest public sector bank, has introduced a new 444 days special fixed deposit scheme, while Bank of Baroda has rolled out the BoB Monsoon Dhamaka Deposit Scheme.
Bank of Baroda Monsoon Dhamaka FD Scheme
Bank of Baroda will allow account holders to open fixed deposits of two different tenures under the BoB Monsoon Dhamaka Deposit Scheme. First is for 333 days tenure, on which general citizens will get 7.15 per cent interest, while senior citizens will get 7.65 per cent rate of interest on FD of this particular tenure. Second FD scheme is for 399 days, general citizens are entitled to get 7.25 per cent rate of interest. while people aged 60 years and above will get 7.75 per cent return.
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BoB Fixed Deposit Interest Rates 2024
Tenors
Residents / General Public
Resident Indian Sr. Citizen
7 days to 14 days
4.25
4.75
15 days to 45 days
6
6.5
46 days to 90 days
5.5
6
91 days to 180 days
5.6
6.1
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
7.6
1 year
6.85
7.35
399 Days (bob Monsoon Dhamaka Deposit Scheme)
7.25
7.75
Above 1 year to 400 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
7.5
Above 10 years (MACT/MACAD
Court Order schemes only)
6.25
6.75
SBI FD scheme 444 days: Interest rate
State Bank of India’s newly launched 444 days special fixed deposit scheme assured 7.25 per cent rate of interest to depositors. This will be the highest term deposit interest rate for bank account holders on SBI FDs. Let’s check out how much interest rates the state owned bank currently gives on time deposits of other tenures:
SBI Amrit Kalash FD rate 2024
SBI’s 400 days (Amrit Kalash) special fixed deposit scheme’s last date is September 30, 2024. The bank gives 7.10 per cent rate of interest to general citizens, while senior citizens are entitled to get 7.60% interest rate.
SBI fixed deposit scheme for 5 years
On tax saver 5 year FDs, account holders get 6.50% interest. While, SBI fixed deposit scheme for 5 years carry a rate of interest of 7.5 per cent for senior citizens. Account holders get the option to open SBI tax saver 5 year FD for a tenure of 5 years to up to 10 years.
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SBI Fixed Deposit Interest Rates 2024
Tenor
General Public (RoI in %)
Senior Citizens (RoI in %)
7 days to 45 days
3.5
4
46 days to 179 days
5.5
6
180 days to 210 days
6.25
6.75
211 days to less than 1 year
6.5
7
1 year to less than 2 years
6.8
7.3
400 days (Amrit Kalash)
7.1
7.6
2 years to less than 3 years
7
7.5
3 years to less than 5 years
6.75
7.25
5 years to up to 10 years
6.5
7.5
State Bank of India (SBI) has introduced a new 444 days special fixed deposit scheme. Bank of Baroda has launched the BoB Monsoon Dhamaka Deposit Scheme. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
