New Delhi: Fixed deposits are one of the most widely accepted forms of investment in India. The depositors get stable returns with high interest rates. But the money cannot be withdrawn before the due date in a fixed deposit (FD). According to media reports, the Bank of Baroda has hiked its FD rates.
The new rates came into effect yesterday, on March 22. There are various time periods for which an FD can be used. It ranges from 7 days to over 10 years. For senior citizens, the FD interest rates are higher than the usual accounts.
Read More: THESE Banks ending Senior Citizen special FD scheme by March 31 – All you want to know
Bank of Baroda FD Rates: Complete List Here
| Time Period | Interest Rate |
| 7-14 Days | 2.8 % |
| 15-45 Days | 2.8 % |
| 46-90 Days | 3.7 % |
| 91-180 Days | 3.7 % |
| 181-270 Days | 4.3 % |
| 271 Days and above | 4.4 % |
| 1 Year | 5 % |
| 1 Year-400 Days | 5.1-5.2 % |
| 400 Days- 2 Years | 5.1-5.2 % |
| 2-3 Years | 5.1-5.2 % |
| 3-5 Years | 5.25-5.35 % |
| 5-10 Years | 5.25-5.35 % |
| 10 Years and above | 5.1 % |
Read More: Axis Bank revises FD interest rates effective 21 March 2022- Check new fixed deposit rates here
BoB FD Rates For Senior Citizens
Banks offer a special interest rate on FD for senior citizens. In BoB, senior citizens get an additional interest of 0.50% on domestic term deposits of less than 2 crores for all time periods.
