Discover the specifics of the Bank of Baroda Special FD, which is only offering a 7.60% interest rate for 360 days

Discover the specifics of the Bank of Baroda Special FD, which is only offering a 7.60% interest rate for 360 days

Discover the specifics of the Bank of Baroda Special FD, which is only offering a 7.60% interest rate for 360 days

Baroda Bank Special FD: General and elderly people may apply for special FD at interest rates of 7.10% and 7.60%, respectively, under the Bank of Baroda's special FD plan. This is a 360-day FD. A minimum of Rs 1,000 may be invested in this FD. This plan allows investments up to Rs 2 crore. This FD is only for 360 days.

Bank of Baroda Special FD: The bank has introduced a brand-new special FD program. The unique FD arrangement offers more interest in less time. FDs under Rs 2 crore are eligible for these attractive rates. This new system has come into force from 15 January 2024. On December 29, 2023, the bank had already raised the interest rate on a few FDs.

Bank of Baroda's Special FD Scheme

General and elderly people may apply for special FDs at interest rates of 7.10% and 7.60%, respectively, under the Bank of Baroda's special FD plan. This is a 360-day FD. A minimum of Rs 1,000 may be invested in this FD. This plan allows investments up to Rs 2 crore. This FD is only for 360 days.

curiosity about BOB's FD

7 to 14 days: 4.25 percent for the general public and 4.75 percent for elderly persons

15 to 45 days: 4.50% for the general public and 5% for elderly persons

46 days to 90 days: 5.50 percent for the general public and 6 percent for elderly adults

91 days to 180 days: 5.60 percent for the general population and 6.10 percent for elderly persons

181 days to 210 days: 5.75 percent for the general public and 6.25 percent for elderly persons

211 days to 270 days: 6.15 percent for the general population and 6.65 percent for older persons

More than 271 days but less than a year One year: 6.85% for the general public and 7.35 percent for elderly people; 6.25 percent for the general public and 6.75 percent for the former group.

1 year to more than 400 days: 6.75 percent of the general population and 7.25 percent of elderly persons

Over 400 days and for up to two years 6.75 percent for the general population and 7.25 percent for older persons

Over two and up to three years: 7.25 percent for the general population; 7.75 percent for elderly citizens

Over three and up to five years: 6.50 percent for the general population and 7.00 percent for senior citizens

Over five to ten years: 6.50 percent for the general public; 7.00 percent for senior people; Over ten years (Court Order Scheme): 6.25 percent for the general public; 6.75 percent for senior persons

Baroda Tricolor Plus Deposit Scheme: 399 days - 7.16 percent for the general population and 7.65 percent for senior persons