New Delhi: Bank of Baroda has increased fixed deposit (FD) interest rates for FDs of up to Rs 3 crore. Bank of Baroda’s new FD rates are effective from today 13 August 2024.
Check Bank of Baroda FD Interest Rate w.e.f. from 13 August 2024
Tenors
Residents / General Public
Resident Indian Sr. Citizen
7 days to 14 days
4.25
4.75*
15 days to 45 days
4.50
5.00*
46 days to 90 days
5.50
6.00*
91 days to 180 days
5.60
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)
7.10
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
6.50
7.15 #
Above 5 Years and upto 10 Years
6.50
7.50**
Above 10 years (MACT/MACAD
Court Order schemes only)
6.25
6.75*
Meanwhile, Bandhan too has announced a new bucket of 1 year 9 months at interest rate of 8.50 percent.
“For a fixed deposit of 1 year 9-month, the bank offers 8.5% interest rates for senior citizens. On the same FD tenure, other customers will earn 8%. Bandhan Bank also offers an interest rate of 7% on a balance above Rs.10 lakh in the savings account,” Bandhan Bank said in a statement today.
The Bank said that it is also offering an attractive and competitive interest rate of 7.75% to senior citizens on longer-term fixed deposits for a tenure above 1 Year 9 Months to less than 5 years. Others will earn 7.25% for the same term deposits.
Earlier this month, Union Bank, ICICI Bank and Bank of India too announced rate revision in its fixed deposit for FDs of up to Rs 3 crore.
