Bank of Baroda new FD interest rates for 2024 - Details here

Bank of Baroda (BOB), one of the prominent government banks in the country, has recently announced a revision in its Fixed Deposit (FD) interest rates. This move is aimed at providing customers with more attractive returns on their investments.Key Highlights:Short-Term Gains:BOB has increased the interest rates on FDs of less than one year, offering a lucrative 4.25 percent instead of the previous 3 percent on FDs of 7 to 14 days.For 90-day FDs, the bank is now offering an enticing 5.50 percent interest rate.Implementation Date:The revised interest rates came into effect from December 29, 2023.Special Offer for Senior Citizens:Senior citizens are set to benefit even more, with BOB offering an impressive 7.25 percent interest on FDs lasting for 365 days.Competitive Edge:Comparing the rates with other government banks, BOB's latest offering stands out as the most lucrative deal for customers looking to earn higher interest in a shorter period.Detailed FD Interest Rates:Interest rates for general public and senior citizens:7 days to 14 days: 4.25% (General) / 4.75% (Senior Citizens)15 days to 45 days: 4.50% / 5.00%46 days to 90 days: 5.50% / 6.00%91 days to 180 days: 5.60% / 6.10%181 days to 210 days: 5.75% / 6.25%211 days to 270 days: 6.15% / 6.65%271 days and above, less than 1 year: 6.25% / 6.75%1 year: 6.85% / 7.35%1 year to more than 400 days: 6.75% / 7.25%More than 400 days up to 2 years: 6.75% / 7.25%Above 2 years up to 3 years: 7.25% / 7.75%Above 3 years up to 5 years: 6.50% / 7.00%More than 5 years to 10 years: 6.50% / 7.00%Above 10 years (Court Order Scheme): 6.25% / 6.75%399 days (Baroda Tricolor Plus Deposit Scheme): 7.16% / 7.65%With these revised FD interest rates, BOB has positioned itself as a leading choice for investors seeking competitive returns on their fixed deposits. Customers are encouraged to explore the various tenure options to maximize their earnings under the new interest rate structure.

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Bank of Baroda new FD interest rates for 2024 - Details here

Bank of Baroda (BOB), one of the prominent government banks in the country, has recently announced a revision in its Fixed Deposit (FD) interest rates read more

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