Bank of Baroda has recently updated its FD rates and launched a new deposit option. Its name is Bank of Baroda Utsav Deposit Scheme, which is offering higher interest rates to the customers. These new rates have come into effect from October 14, 2024.
Under the bob Utsav Deposits Scheme, common people are being given 7.30 percent interest. Senior citizens will get 7.80 percent interest. Apart from this, the bank is offering 7.90 percent interest to super senior citizens. Under this scheme, you will have to make a 400-day FD.
How much interest is Bank of Baroda giving on FD?
After launching the new deposit scheme, Bank of Baroda is now offering interest rates ranging from 4.25 percent to 7.25 percent. Senior citizens are being given interest ranging from 4.75 percent to 7.9 percent.
If you make a one year FD in Bank of Baroda, you will get 6.85 percent interest. 7.15 percent interest is being offered for a period of 2 to 3 years and 6.8 percent interest is being offered for a period of 3-5 years. 6.5 percent interest will be given on FD of 5-10 years. Whereas if you make an FD of more than 10 years, then you will get 6.25 percent interest.