FINANCE

FD interest rate up to 7.8%: Bank of Baroda revises fixed deposit rates

Bank of Baroda has revised fixed deposit interest rates for amounts below Rs 3 crore. The new rates are effective from September 5, 2024, as per the Bank of Baroda website.

Read More: PNB Revises Service Charges: Updates To Savings Account, Minimum Balance, Locker Fees, And More

Latest Bank of Baroda FD interest rate

After the revision, the bank will offer FD interest rates between 4.25% and 7.30% 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 rate between 4.75% to 7.80%.

TenorsResidents / General PublicResident Indian Sr. Citizen
7 days to 14 days4.254.75*
15 days to 45 days4.55.00*
46 days to 90 days5.56.00*
91 days to 180 days5.66.10*
181 days to 210 days5.756.25*
211 days to 270 days6.256.75*
271 days & above and less than 1 year (except 333Days and 360 Days)6.57.00*
333 Days (bob Monsoon Dhamaka Deposit Scheme)7.157.65*
360 Days (bob360)7.17.60*
1 year6.857.35*
399 Days (bob Monsoon Dhamaka Plus Deposit Scheme)7.37.80*
Above 1 year to 400 days (Except 399 Days)77.50*
Above 400 days and upto 2 Years77.50*
Above 2 Years and upto 3 Years7.157.65*
Above 3 Years and upto 5 Years6.57.15 #
Above 5 Years and upto 10 Years6.57.50**
Above 10 years (MACT/MACAD6.256.75*
Court Order schemes only)

(* incl. additional ROI 0.50% for RTD upto 3 Years and Above 10 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).

Read More: Earn up to 8.1% FD interest rate: These 3 banks have revised fixed deposit rates in September 2024

bob Monsoon Dhamaka Deposit Scheme details

The bob Monsoon Dhamaka Deposit Scheme is available in two tenor buckets – offering interest rates of 7.30% per annum for 399 days and 7.15% for 333 days.

Read More: One-Year Fixed Deposits: List Of Major Private And Public Sector Banks Offering High Interest Rates

bob earth Green Term Deposits

Tenure of Green DepositResident/General Public/NROResident Indian Sr. CitizenNRE
12 months6.87.30*6.8
1.5 years6.957.45*6.95
777 days7.17.60*7.1
1111 days6.457.10#6.45
1717 days6.457.10#6.45
2201 days6.457.45**6.45

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).”

Non-callable (Single Deposit above Rs. 1.00 crore to less than 3.00 crore) will get additional interest rate of 0.15%.

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