Saturday, June 6
Home>>Business>>Bank Of Baroda Revises Fixed Deposit Rates From August 2024 –Check Latest HDFC FD Rates
Business

Bank Of Baroda Revises Fixed Deposit Rates From August 2024 –Check Latest HDFC FD Rates

international media news
August 14, 2024 88 Views0

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  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.

Leave a Reply

Your email address will not be published. Required fields are marked *