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
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.