Bank of Baroda FD Scheme: Bank of Baroda is offering excellent returns to its customers on its Fixed Deposit (FD) scheme. Bank of Baroda is a public sector bank, offering fixed deposits for a minimum of 7 days to a maximum of 10 years.
This public sector bank offers its customers interest rates ranging from 3.50% to 7.20% on fixed deposits. Here, we will tell you about one such FD scheme of Bank of Baroda, in which you can deposit just ₹1 lakh and receive a guaranteed return of up to ₹23,508.
Even today, most Indians rely on FDs for safe investment.
In today’s times, most Indians rely on fixed deposits for safe investments. FDs offer the return of the entire principal amount along with fixed interest after a fixed period. Public sector bank Bank of Baroda is offering the highest interest rates to its customers on FDs with a tenure of 444 days. This government bank is offering 6.60 percent interest to general citizens, 7.10 percent to senior citizens, and 7.20 percent to super senior citizens (people above 80 years of age) on 444-day FDs. Bank of Baroda is offering 6.50 percent interest to general citizens, 7.00 percent to senior citizens, and 7.10 percent to super senior citizens on 3-year FDs.
Deposit ₹1,00,000 and get fixed interest of ₹23,508
If you are a general citizen (i.e., below 60 years of age) and deposit ₹1,00,000 in a 3-year FD scheme with Bank of Baroda, you will receive a total of ₹1,21,341 on maturity, which includes a fixed interest of ₹21,341. Similarly, if you are a senior citizen (i.e., above 60 years of age) and deposit ₹1,00,000 in Bank of Baroda, you will receive a total of ₹1,23,144 on maturity, which includes a fixed interest of ₹23,144. If you are a super senior citizen and deposit ₹1,00,000 in a 3-year FD scheme with Bank of Baroda, you will receive a total of ₹1,23,508 on maturity, which includes a fixed interest of ₹23,508.
