Bank of Baroda has revised fixed deposit interest rates for amounts below Rs 3 crore. The new rates are effective from August 13, 2024, as per the Bank of Baroda website.
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Latest Bank of Baroda FD interest rate
The bank offers FD interest rates between 4.25% and 7.25% for general citizens on tenures between 7 days to 10 years for amounts below Rs 3 crore for callable deposits. For senior citizens, the bank offers an interest rates between 4.75% to 7.75%.
| Tenors | Residents / General Public | Resident Indian Sr. Citizen |
| 7 days to 14 days | 4.25 | 4.75* |
| 15 days to 45 days | 4.5 | 5.00* |
| 46 days to 90 days | 5.5 | 6.00* |
| 91 days to 180 days | 5.6 | 6.10* |
| 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 | 7.60* |
| 1 year | 6.85 | 7.35* |
| 399 Days (bob Monsoon Dhamaka Deposit Scheme) | 7.25 | 7.75* |
| Above 1 year to 400 days (Except 399 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 | 7.50** |
| Above 10 years (MACT/MACAD | 6.25 | 6.75* |
| Court Order schemes only) |
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bob Monsoon Dhamaka Deposit Scheme details
The bob Monsoon Dhamaka Deposit Scheme is available in two tenor buckets – offering interest rates of 7.25% per annum for 399 days and 7.15% for 333 days.
Baroda Advantage Fixed Deposit
Baroda advantage fixed deposit minimum single deposit above Rs 1 crores & below Rs 3 crores. Note that these are non-callable deposits and cannot be withdrawn before the tenure ends. The bank offers the highest FD interest rate of 7.40% for general citizens and 7.90% for senior citizens for amounts below Rs 1 crore to Rs 3 crore for non-callable deposits.
Read More: Bandhan Bank Offers 8.50% Interest Rates On FD, Introduces New Bucket Of 1 Year 9 Months
| Tenors | General/NRE/NRO | Senior Citizen |
| 1 Years | 7 | 7.50* |
| 399 Days (bob Monsoon Dhamaka Deposit Scheme) | 7.4 | 7.90* |
| Above 1 year to 400 days (Except 399 Days) | 7 | 7.50* |
| Above 400 days and upto 2 Years | 7 | 7.50* |
| Above 2 Years and upto 3 Years | 7.3 | 7.80* |
| Above 3 Years and upto 5 Years | 6.65 | 7.30# |
| Above 5 Years and upto 10 Years | 6.65 | 7.65** |
| Notes: |
(* incl. additional ROI 0.50% for RTD upto 3 Years, # incl. additional ROI of 0.50+0.15 for RTD above 3 Years and upto 5 Years, ** incl. additional ROI of 0.50%+0.50% for RTD above 5 Years and upto 10 Years to Resident Senior Citizens).
Several banks revised their fixed deposit interest rates in August. Federal Bank, Punjab National Bank (PNB), Karnataka Bank, and Union Bank of India changed their FD rates on August 1 and 2, 2024. Below is a list of the five banks that have modified their fixed deposit rates in August so far.
